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  • Expectations that a USDA weekly report on Monday would reduce condition ratings due to heavy rains also buoyed corn and soybean futures at the Chicago Board of Trade. USDA, in a report issued after the close of trading, cut soybean ratings by 1 percentage point but left corn conditions unchanged. Soybeans for August delivery ended 5-1/ 2 cents higher at $10.37-1/ 2,...

  • July 13- U.S. stocks surged on Monday, with the Dow Jones industrial average re-emerging in positive territory for the year after euro zone leaders reached a tentative deal to bail out Greece. Greece won conditional agreement to receive a possible $95 billion over three years, along with an assurance of talks to bridge a funding gap until a bailout is finally...

  • *Oil up slightly as Iran nuclear deal looms. NEW YORK, July 13- World equity prices climbed on Monday as investors welcomed a conditional agreement to open talks aimed at keeping Greece afloat with a bailout and within the euro zone. European equities jumped almost 2 percent while Wall Street gained about 1 percent after euro zone leaders made Greece surrender...

  • *Oil tumbles as Iran nuclear deal looms. LONDON/ NEW YORK, July 13- World equity markets climbed on Monday, welcoming new talks to keep Greece afloat with a bailout and within the euro zone, even as the single European currency weakened with a final Greek deal yet to be agreed. European equity markets rose more than 1 percent and Wall Street gained almost as much after...

  • LONDON, July 13- The euro fell on Monday after euro zone leaders reached a deal with debt-stricken Greece, as investors turned their focus to the prospect of higher U.S. interest rates and remained anxious that the future of the single currency was still uncertain. At the end of a marathon night of talks, euro zone leaders made Greece surrender much of its...

  • Russian President Vladimir Putin has encouraged top Russian firms to strengthen ties with China as part of attempts to strengthen ties with Asia and shield Moscow from the effects of Western sanctions imposed over the Ukraine conflict. A source close to VTB said the licence would not allow VTB to raise financing in China by issuing bonds on its domestic...

  • European shares surge on Greek debt deal, banks lead Monday, 13 Jul 2015 | 4:32 AM ET

    *Euro STOXX 50 up 1.4 pct, FTSEurofirst 300 up 1.3 pct. LONDON, July 13- European shares surged on Monday after euro zone leaders reached an agreement to move forward with a bailout loan for Greece following all-night talks in Brussels. Germany's DAX, France's CAC and Britain's FTSE 100 rose 0.7 to 1.6 percent.

  • MOSCOW, July 13- Russia's second-largest bank VTB said on Monday it had received a licence granting it access to the Chinese interbank bond market. It said it received the licence at a ceremony on Friday, July 10. Russian President Vladimir Putin has championed a pivot to Asia as Western sanctions over the Ukraine crisis have damaged ties with Europe and the...

  • LONDON, July 13- European shares surged in early trading on Monday after European Council President Donald Tusk said euro zone leaders reached a unanimous agreement following all-night talks in Brussels to move forward with a bailout loan for Greece. The euro zone's blue-chip Euro STOXX 50 index rose 1.3 percent, while the pan-European FTSEurofirst 300...

  • LONDON, July 13- European stock index futures pointed to a lower open for equities on Monday as euro zone leaders demanded that Athens enact key reforms this week before they open talks on a financial rescue to keep it in the euro currency area. Leftist Prime Minister Alexis Tsipras was told to push legislation through parliament to convince his 18 partners in...

  • *Toshiba underperforms on ongoing false accounting woes. TOKYO, July 13- Japan's Nikkei share average rose on Monday morning after sharp rallies in U.S. shares encouraged investors to buy stocks on dips, but the market stayed wary of developments in Greece. In China, the Shanghai Composite index and the CSI300 index of China's biggest-listed companies were up...

  • *Iran, Greek debt crisis, China weigh on prices. SINGAPORE, July 13- Oil prices opened lower on Monday as Iran and six world powers were close to nailing down a nuclear deal, while Greece and its creditors failed to find a bailout agreement over the weekend. The potential of Iran soon adding to global oil oversupply and the demand side weakening over China and Europe...

  • Oil prices fall as Iran nuclear deal seems likely Sunday, 12 Jul 2015 | 8:42 PM ET

    *Iran, Greek debt crisis, China weigh on prices. SINGAPORE, July 13- Oil prices opened up lower on Monday as Iran and six world powers were close to nailing down a nuclear deal, while Greece and its creditors failed to find a bailout agreement over the weekend. The potential of Iran soon adding to global oil oversupply and the demand side weakening over China and Europe...

  • *China stocks buoyed by Beijing's measures. NEW YORK, July 10- Global stock markets rallied while the euro rose broadly on Friday on optimism that last-minute concessions by Greek Prime Minister Alexis Tsipras would clinch a deal with international creditors and save the country from bankruptcy. The volatile week saw Greece's banks remain shut after the...

  • Euro zone ministers to meet on Saturday to decide on Greece. Global markets rose earlier on hopes that Greece will be able secure fresh funding to avert bankruptcy and allow it to remain in the euro zone. Greece has made substantial concessions in its latest proposal to lenders, including tax hikes, in hopes of receiving $59 billion to help it cover debts until...

  • South African stocks gain despite platinum rout Friday, 10 Jul 2015 | 12:30 PM ET

    JOHANNESBURG, July 10- South African shares rose on Friday although gains were capped by a fall in platinum stocks after Citigroup cut its price target for dual-listed Lonmin and UBS downgraded the stock to "sell". Lonmin plunged 11.32 percent to a low of 15.90 rand per share with its primary London- listed shares also down 12 percent to their lowest since listing...

  • *China stocks buoyed by Beijing's measures. NEW YORK, July 10- Global stock markets jumped while the euro rose broadly on Friday on optimism that last-minute concessions by Greek Prime Minister Alexis Tsipras would clinch a deal with the country's international creditors and save it from financial meltdown. "Should Greece find a momentary fit to its budgetary...

  • European shares leap on prospect of Greek debt deal Friday, 10 Jul 2015 | 9:11 AM ET

    *FTSEurofirst 300 up 2 pct, Euro STOXX 50 up 3.2 pct. *United Internet rises after says it may float division. LONDON, July 10- European stocks surged on Friday after Greece made substantial concessions in its latest bid to win new funds from creditors and avert bankruptcy.

  • July 10- U.S. stock index futures were sharply higher on Friday after Greece made substantial concessions in its latest bid to win new funds from creditors and avert bankruptcy. *Greece has asked for $59 billion to help cover debts until 2018 and has pledged new tax hikes in return. *Investors will also look for clues regarding the timing of an interest rate hike in...

  • *CSI300 and Shanghai Composite indexes up about 5 pct. SHANGHAI, July 10- Chinese stocks rose strongly for a second day on Friday, buoyed by a barrage of government support measures, but worries persist about the long-term impact that four weeks of stock market turmoil may have on the world's second-largest economy. The CSI300 index of the largest listed...