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  • ST PETERSBURG, Russia, June 18- Russia's second-largest bank by assets, VTB, said on Thursday that miner Mechel had agreed to the bank's terms for restructuring its debt. Mechel, controlled by businessman Igor Zyuzin, has been discussing a debt restructuring with its main lenders, including VTB, Sberbank and Gazprombank. VTB's first deputy chairman, Yuri Soloviev,...

  • HONG KONG/ SHANGHAI, June 17- China's central bank will not roll over any 3- month medium-term lending facility loans maturing this week, sources with direct knowledge of the situation told Reuters on Thursday, signalling a possible shift toward squeezing money from the short-end to the long-end of the money market. As policymakers become concerned that...

  • Not interested in an unstable Europe: VTB Chairman Thursday, 18 Jun 2015 | 3:10 AM ET
    Not interested in an unstable Europe: VTB Chairman

    Andrey Kostin, president and chairman of VTB, tells CNBC that he's not interested in having an unstable Europe, and is supportive of a debt deal for Greece.

  • TOKYO, June 18- An index of Asian shares gained on Thursday while the dollar eased slightly after the Federal Reserve signalled that interest rates would rise more slowly than markets had expected. They forecast a lower open for Britain's FTSE, Germany's DAX and France's CAC. MSCI's broadest index of Asia-Pacific shares outside Japan climbed about 0.3 percent,...

  • *New Zealand dollar hit as economic growth slows markedly. SINGAPORE/ SYDNEY, June 18- The dollar hit a one-month low on Thursday, staying on the defensive after the head of the Federal Reserve disappointed some who had hoped for a clearer signal on when the central bank will lift interest rates. Overall, the projections for interest rates and remarks by Yellen were...

  • TOKYO, June 18- Asian equities firmed on Thursday and the dollar was on the defensive after the Federal Reserve indicated that interest rates would rise more slowly than markets had expected. MSCI's broadest index of Asia-Pacific shares outside Japan climbed about 0.2 percent, while Japan's Nikkei skidded 0.8 percent to a one-week low as the yen gained...

  • SINGAPORE, June 18- Gold held on to overnight gains on Thursday as the dollar came under pressure after the Federal Reserve hinted that it may hike U.S. rates later than market expectations and cut economic growth forecasts. *Spot gold was little changed at $1,185.35 an ounce by 0038 GMT, after gaining 0.3 percent on Wednesday. The Bank of Greece said the country's...

  • TOKYO, June 18- Asian equities rose early on Thursday after the Federal Reserve sounded more dovish than many had expected and led investors to push back their expected timing of a rate hike, while the dollar was put on the defensive on the same token. MSCI's broadest index of Asia-Pacific shares outside Japan climbed 0.3 percent. South Korea's Kospi rose 0.7...

  • *New Zealand dollar hit as economic growth slows markedly. SYDNEY, June 18- The U.S. dollar languished at one-month lows early on Thursday, having suffered a setback after the head of the Federal Reserve disappointed some who had hoped for a clearer signal on when the central bank will lift interest rates. Instead, Fed Chair Janet Yellen emphasized that the rate...

  • LIMA, June 17- Peru's annual inflation rate will likely stay above the central bank's 3.0 percent target ceiling until the end of the year thanks to the depreciation of the local currency, the central bank said Wednesday. The sol currency's more than 6.0 percent slide against the U.S. dollar in the past six months is pushing up prices, Central Bank President Julio...

  • COLUMN-From pre-FOMC drift to post bump: James Saft Wednesday, 17 Jun 2015 | 5:20 PM ET

    June 17- Investors didn't get their usual pre-Federal Open Market Committee meeting drift higher in stocks, but they did get a bit of a post-announcement bump. And with good reason: most of what the Fed, and Chair Janet Yellen, said reflects a central bank which wants to get rates off the floor but is not prepared to rapidly normalize policy. A 2015 rate rise, or even...

  • US STOCKS-Wall St ends higher in choppy post-Fed trading Wednesday, 17 Jun 2015 | 4:30 PM ET

    *Oracle slides after the bell on revenue miss. June 17- U.S. stocks ended slightly higher following a choppy session Wednesday after the Federal Reserve said the U.S. economy is likely strong enough to withstand an interest rate hike later this year. At the same time, it seems like there was a notching down of the magnitude of rate hike expectations, "said Nick Kalivas,...

  • *Fed less hawkish than expected. NEW YORK, June 17- The dollar dropped on Wednesday after the Federal Reserve signaled that interest rate increases may start later than many have anticipated and trimmed its U.S. economic forecasts. "It wasn't as hawkish as anticipated coming into the meeting," said Steven Englander, global head of G10 FX strategy at Citi.

  • UPDATE 2-JPMorgan's Jimmy Lee, adviser on megadeals, dies Wednesday, 17 Jun 2015 | 4:04 PM ET

    June 17- Jimmy Lee, one of JPMorgan Chase& Co's most senior investment bankers, died on Wednesday, the bank's chief executive said in a statement. Lee, a vice chairman in the investment banking group, advised some of the world's biggest companies on deals, including the merger of United Airlines and Continental Airlines to form United Continental Holdings Inc, the...

  • *Yields fall after Fed statement. NEW YORK, June 17- U.S. "I look at the economic outlook as pretty dovish," said James Camp, managing director at Eagle Asset Management in St. Petersburg, Florida.

  • US STOCKS-Wall St up in choppy trade after Fed statement Wednesday, 17 Jun 2015 | 3:02 PM ET

    June 17- U.S. stocks rose in choppy trading on Wednesday after the Federal Reserve said the U.S. economy is likely strong enough to withstand an interest rate hike later this year. At the same time, it seems like there was a notching down of the magnitude of rate hike expectations, "said Nick Kalivas, senior equity product strategist at Invesco PowerShares in Downers...

  • *Gold turns higher after Fed statement. *Platinum at discount to gold of more than $105. NEW YORK/ LONDON, June 17- Gold turned higher on Wednesday, after the Federal Reserve said the U.S. economy is likely strong enough to support an interest rate increase by the end of 2015, causing the dollar to extend losses.

  • US STOCKS-Wall St flat after Fed statement; utilities up Wednesday, 17 Jun 2015 | 2:36 PM ET

    *Dow, S&P, Nasdaq near break-even line. June 17- U.S. stocks were little changed in choppy trading on Wednesday after the Federal Reserve said the U.S. economy is likely in a strong enough position to withstand an interest rate hike later this year. "The Fed is setting us up for the rate hike, which is inevitable and will come sometime between now and December," said Wayne...

  • INSTANT VIEW-Fed likely to raise rates later in year Wednesday, 17 Jun 2015 | 2:08 PM ET

    June 17- The U.S. economy is growing moderately after a winter swoon and likely strong enough to support an interest rate increase by the end of the year, U.S. Federal Reserve officials indicated on Wednesday. COMMENTS: WAYNE KAUFMAN, CHIEF MARKET ANALYST AT PHOENIX FINANCIAL SERVICES IN NEW YORK:.

  • CRUDE FUTURES PARE LOSSES AFTER FEDERAL RESERVE STATEMENT.

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