White House Government Agencies

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  • July 22- The Democratic Party is poised to adopt a policy platform at its convention next week that would prohibit bankers from serving on the boards of the Federal Reserve's 12 regional headquarters and would aim to make the U.S. central bank more diverse. The platform was approved by the party's committee earlier this month and its delegates are expected to...

  • Speculators in four major NYMEX and ICE markets reduced their bearish bets by 11,801 contracts to a one-month low of 91,547 in the week to July 19, the U.S. Commodity Futures Trading Commission said on Friday. Gas futures on the NYMEX averaged $2.73 per million British thermal units during the five trading days ended July 19 versus $2.76 during the five trading...

  • Speculators in four major NYMEX and ICE markets reduced their bearish bets by 11,801 contracts to 91,547 in the week to July 19, the U.S. Commodity Futures Trading Commission said on Friday.

  • SAN FRANCISCO, July 22- A quartet of technology heavyweights will be part of an avalanche of quarterly corporate earnings reports next week that, along with a meeting of Federal Reserve policymakers, could hold the key to whether Wall Street extends its record-breaking rally or loses steam. With second-quarter reporting season kicking into high gear,...

  • LONDON, July 22- Gold prices fell on Friday, reflecting tension between a global backdrop of easier interest rates and the chance of U.S. monetary policy being tightened before the end of the year. Bullion has benefited significantly- hitting its highest in two years this month- as central banks from Europe to Japan keep policy looser for longer, which neutralises...

  • FRANKFURT, July 22- Central banks from Washington to Tokyo take center stage next week, although policymakers are likely to remain cautious as they wait for the dust to settle from Britain's shock vote to leave the EU. As they wait for political reassurances and greater clarity over the likely impact of the move, central banks have mostly avoided action since...

  • *Could retest support at $1,313- technicals. LONDON, July 22- Gold prices eased on Friday, reflecting tension between an easier global interest rate backdrop and the chance of U.S. monetary policy being tightened before the end of the year. Bullion has benefited significantly-- hitting its highest in two years this month-- as central banks from Europe to Japan opt to...

  • Valeant Pharmaceuticals said U.S. regulators have raised concerns over a new eye drop manufactured at a Bausch + Lomb facility in Florida.

  • *Gold may retest support at $1,313- technicals. LONDON, July 22- Gold prices eased on Friday, reflecting tension between an easier global interest rate backdrop and the chance of U.S. monetary policy being tightened before the end of 2016. Bullion has benefited significantly- hitting its highest in two years earlier this month- as central banks from Europe to Japan...

  • July 22- Valeant Pharmaceuticals International said on Friday U.S. regulators have raised concerns over a new eye drop manufactured at a Bausch+ Lomb facility in Florida. The U.S. Food and Drug Administration, in a complete response letter regarding the eye drop for a type of glaucoma, raised concerns over Current Good Manufacturing Practice at the unit.

  • NEW YORK, July 21- The U.S. government asked a federal appeals court on Thursday to block the release of a report detailing how HSBC Holdings Plc is working to improve its money laundering controls after the British bank was fined $1.92 billion. In a brief filed with the 2nd U.S. Circuit Court of Appeals, the U.S. Department of Justice sought to overturn an order...

  • NEW YORK, July 21- The U.S. government asked a federal appeals court on Thursday to block the release of a report detailing how HSBC Holdings Plc is working to improve its money laundering controls after the British bank was fined $1.92 billion. In a brief filed with the 2nd U.S. Circuit Court of Appeals, the U.S. Department of Justice sought to overturn an order...

  • DHAKA/ NEW YORK, July 21- When the Federal Reserve Bank of New York cleared five transactions made by the Bangladesh Bank hackers, the money went in two directions. On Thursday, Feb. 4, the Fed's system sent $20 million to Sri Lanka and $81 million to the Philippines. That prompted Deutsche Bank, an intermediary in the transaction, and a Sri Lankan bank to contact...

  • DHAKA/ NEW YORK, July 21- Jupiter. That single word, by a stroke of luck, helped stop the Federal Reserve Bank of New York from paying nearly $1 billion to the cyber-criminals behind a notorious bank heist earlier this year, according to sources familiar with the incident. They were incorrectly formatted at first; they were mainly to individuals; and they were very...

  • KUALA LUMPUR, Malaysia— Malaysia PM says he is serious about good governance, will cooperate with US Justice Department in 1 MDB probe.

  • NEW YORK— Anheuser-Busch InBev, the world's largest beer maker, announced Wednesday that it has reached an agreement with the Justice Department that clears the way for U.S. approval of its acquisition of SABMiller. AB InBev, the maker of Budweiser and Bud Light, will sell SABMiller's entire U.S. business to Molson Coors as previously announced as part of the...

  • WASHINGTON, July 20- The U.S. Commerce Department said in a statement on Wednesday it had determined that large home washing machines from China had been dumped in the United States. U.S. appliance maker Whirlpool Corp had urged the government in December to impose duties on washing machines manufactured in China by Samsung Electronics Co Ltd and LG...

  • TOKYO, July 21- Investors betting the Bank of Japan will ease monetary policy next week could be riding for a fall, as the yen's recent weakening and a government spending package take some pressure off the bank to step up its massive stimulus programme. Market speculation of further easing spiked last week after visiting former Federal Reserve Chairman Ben...

  • TOKYO, July 21- Investors betting the Bank of Japan will ease monetary policy next week could be riding for a fall, as the yen's recent weakening and a government spending package take some pressure off the bank to step up its massive stimulus program. Market speculation of further easing spiked last week after visiting former Federal Reserve Chairman Ben...

  • SAO PAULO, July 20- Mexico's stock market rallied for a fifth straight day on Wednesday, but its peso currency weakened on concerns over higher U.S. interest rates. Federal Reserve could raise rates as soon as September after a muted market reaction to Britain's decision to leave the European Union weighed on the Mexican peso. "Stock markets are brushing over the...