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Diversified Financials Capital Markets

  • *Malaysia's KWAP invests $30 million in Uber- sources. KUALA LUMPUR, Sept 21- Malaysia's $30- billion pension fund, Kumpulan Wang Persaraan, is looking to pump in more money into technology firms, following its recent foray into the sector with an investment in what sources have identified as ride-sharing service Uber. KWAP, Malaysia's second biggest pension...

  • NEW YORK, Sept 20- U.S. "Japan has been the main driver of the bond market," said Luke Bartholomew, investment manager with Aberdeen Asset Management in London. There are doubts whether the BOJ, led by Haruhiko Kuroda, would act aggressively to combat deflation and weak demand given the central bank's history of falling short of market expectations.

  • Sept 20- Investment bank Jefferies Group LLC on Tuesday reported a jump in third-quarter profit, driven by strong revenue in its fixed income trading business. Net earnings rose to $41.2 million in the three months ended Aug. 31, from $2.1 million a year earlier. "Aside from a volatile two week period following the unexpected outcome of the UK' Brexit' referendum in...

  • Sept 20- Investment bank Jefferies Group LLC reported a jump in quarterly profit, driven by strong revenue in its fixed income trading business. There were 55 IPOs in the United States this year as of Sept. 15, down 64 percent from a year earlier, according to Thomson Reuters data. M&A activity in the United States totaled $1,084.4 billion this year as of Sept. 15, down...

  • Sept 20- Investment bank Jefferies Group LLC reported a jump in quarterly profit, driven by strong revenue in its fixed income trading business. Net earnings attributable to Jefferies rose to $41.17 million in the third quarter ended Aug. 31, from $2.06 million a year earlier. Jefferies, a unit of Leucadia National Corp, kicks off the reporting season for...

  • NEW YORK/ SINGAPORE, Sept 19- The Bank of Japan may steal the thunder from the U.S. "The BOJ is important in part because the Japanese have been buying anything abroad that gives them yields," said David Keeble, global head of interest rates strategy at Credit Agricole Corporate& Investment Bank in New York. Last week, the yield on 10- year Japanese government debt rose...

  • LONDON, Sept 19- Hedge funds scaled back some of their short positions in crude oil futures and options after prices failed to fall further, suggesting the market was running out of negative momentum. Along with other money managers they cut their combined short position in the three main Brent and WTI contracts by 36 million barrels in the week to Sept. 13.

  • Sept 19- Shareholders in acquiring companies should be thankful: mergers and acquisitions are down sharply this year. "When it comes to M&A- management promises to the contrary- the whole is often less than the sum of the parts," analysts at S&P Global led by Richard Tortoriello wrote. This accords reasonably well with earlier work by Sandra Mortal of the University...

  • LIMA, Sept 19- Peru is in talks with BlackRock Inc, the world's largest asset manager, about obtaining infrastructure financing, President Pedro Pablo Kuczynski said Monday after meeting with the company's chief executive officer Larry Fink. "They're interested in doing financing in Peru on infrastructure, and I'm in talks with them about that."

  • LIMA, Sept 19- Peru is in talks with BlackRock Inc, the world's largest asset manager, about obtaining infrastructure financing, President Pedro Pablo Kuczynski said Monday after meeting with the company's chief executive officer Larry Fink. "They're interested in doing financing in Peru on infrastructure, and I'm in talks with them about that."

  • NEW YORK, Sept 19- The Bank of Japan may steal the thunder from the U.S. "The BOJ is important in part because the Japanese have been buying anything abroad that gives them yields," said David Keeble, global head of interest rates strategy at Credit Agricole Corporate& Investment Bank in New York. Last week, the yield on 10- year Japanese government debt rose close to...

  • LONDON, Sept 19- Hedge funds scaled back some of their short positions in crude oil futures and options after prices failed to fall further, suggesting the market was running out of negative momentum. Along with other money managers they cut their combined short position in the three main Brent and WTI contracts by 36 million barrels in the week to Sept. 13.

  • LONDON, Sept 19- Hedge funds have built their largest bullish position in U.S. natural gas for more than two years amid signs the gas glut is being eroded quickly and the market could tighten in 2017.. The net long position has almost quadrupled over the last four weeks, and is now at the highest level since June 2014, according to an analysis of data released on Friday...

  • LONDON, Sept 19- Britain's fund managers face calls to hold more emergency cash, potentially crimping their ability to pay dividends or expand. First to feel the pinch last week was Aberdeen Asset Management, which was asked to raise the minimum amount of cash it holds by 140 million pounds, after a review by the Financial Conduct Authority. "If you're asked to hold...

  • Sept 19- The following timeline charts the schedule for Quebec's pension fund, the Caisse de Depot et Placement du Quebec, to finance and oversee the construction of a new 67 kilometer public transit system in Montreal, the third largest automated transportation system in the world behind those in Dubai and Vancouver. JUNE 2015- Quebec's parliament authorizes...

  • Sept 19- The following timeline charts the schedule for Quebec's pension fund, the Caisse de Depot et Placement du Quebec, to finance and oversee the construction of a new 67 kilometer public transit system in Montreal, the third largest automated transportation system in the world behind those in Dubai and Vancouver. JUNE 2015- Quebec's parliament authorizes...

  • NEW YORK, Sept 15- The U.S. The Commerce Department said retail sales declined 0.3 percent amid weak purchases of automobiles and a range of other goods, after an upwardly-revised 0.1 percent gain in July. "The data was weaker than expected," said Gary Pollack, head of fixed-income trading at Deutsche Bank Private Wealth Management in New York.

  • TORONTO/ NEW YORK, Sept 15- Activist investor Engaged Capital reported a 7.5 percent stake in SunOpta Inc on Thursday and said it had signed a confidentiality agreement with the Canadian organic food company to provide strategic advice. U.S. hedge fund Tourbillon Capital pressured SunOpta to explore a sale earlier this year. In July, Reuters reported that...

  • *August retail sales drop more-than-expected. Sept 15- The S&P 500 and the Dow were little changed on Thursday morning following a lackluster set of data, while the Nasdaq got a boost from Apple. It's just right to keep the Fed on the sidelines and keep interest rates right where they are, "said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago.

  • NEW YORK, Sept 15- The U.S. The Commerce Department said retail sales declined 0.3 percent after an upwardly-revised 0.1 percent gain in July. "The data was weaker than expected, especially retail sales, which I think the market was focusing on," said Gary Pollack, head of fixed-income trading at Deutsche Bank Private Wealth Management in New York.