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  • *European shares fall amid impasse on Greece talks. NEW YORK, May 29- Global equity markets and bond yields fell on Friday, weighed by data that showed the U.S. economy contracted in the first quarter and by conflicting signals from Greece's debt talks. Conflicting reports that Athens was close to clinching a reforms-for-cash deal with its creditors pushed...

  • LONDON, May 29- Stocks of tin held in London Metal Exchange warehouses currently stand at 7,570 tonnes. The London tin market seems blissfully unconcerned by the steady decline in exchange-registered inventory. The general consensus is that tin is currently in oversupply, thanks first and foremost to the emergence of Myanmar as a new global supplier.

  • *Gold recovers from previous day's 2 1/ 2- week low. LONDON, May 29- Gold edged up from Thursday's 2 1/ 2- week low, supported by a softer dollar and uncertainty over Greece's debt talks, but remained under pressure on Friday from expectations U.S. interest rates might rise soon. "The recent surge in the dollar, which pushed crude oil prices lower, has put pressure on gold,"...

  • LONDON, May 29- Emerging market shares fell on Friday and were on track to chalk up a monthly loss, weighed down by volatile China stocks, while currencies saw mixed fortunes on the day. MSCI's broad emerging market index traded 0.4 percent lower after China's main bourses closed mixed following a rough ride earlier in the day. Chinese equity funds saw inflows of...

  • BEIJING, May 29- China's central bank said on Friday it wants to see a "healthy" stock market, a day after surging Chinese shares slumped 6 percent in record trading volume as investors fled tighter borrowing rules. In its 2015 financial stability report, the People's Bank of China warned of a slowing economy and rising debt levels, but repeated its vow to deepen...

  • LONDON, May 29- Gold steadied off the previous session's 2-1/ 2 week low on Friday, supported by uncertainty over Greece's debt talks, but still under pressure from expectations that a rise in U.S. interest rates may come soon. Spot gold was at $1,188.30 an ounce at 0915 GMT, little changed from late on Thursday, while U.S. gold futures for June delivery were up 30 cents...

  • NEW YORK— Stocks sank Friday following news that the U.S. economy shrank in the first three months of the year. A Chicago manufacturing survey fell to 46.2, well below the 53 that economists were anticipating, and a measure of consumer sentiment fell to a six-month low in May. Along with the disappointing economic data, investors continued to watch developments...

  • *MSCI Asia-Pacific index flat, gives up earlier gains. TOKYO, May 29- Chinese share markets extended a bruising selloff on Friday after the previous day's plunge, while the dollar took a breather from a sharp run up this week. The slide in China forced Asian markets off earlier gains, with the MSCI's broadest index of Asia-Pacific shares outside Japan flat.

  • *Investors anxiously await open of China markets after plunge. TOKYO, May 29- Asian stocks were modestly higher early on Friday with investors on edge ahead of opening trade in China's markets which plunged the previous day, while the dollar took a breather from a sharp run up this week. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3 percent...

  • NEW YORK, May 28- The U.S. dollar on Thursday hit its highest against the yen since 2002 while stocks fell after Chinese brokerages tightened margin rules and the IMF head played down talk of an imminent deal to keep Greece afloat. "We are all in the process of working towards a solution for Greece, and I would not say that we already have reached substantial results,"...

  • NEW YORK, May 28- The U.S. dollar hit its highest against the yen since 2002, while global stocks cascaded lower after Chinese brokerages tightened margin rules and the IMF head downplayed talk of an imminent deal to keep Greece afloat. "We are all in the process of working towards a solution for Greece, and I would not say that we already have reached substantial...

  • US STOCKS-Wall St falls amid Greece worries, China tumble Thursday, 28 May 2015 | 10:10 AM ET

    *Avago rises after agreeing to buy Broadcom for $37 bln. *Abercrombie& Fitch rises after positive forecast. European officials downplayed talk that Greece and its lenders were drafting an agreement that would provide Athens much-needed debt relief.

  • NEW YORK— U.S. stocks fell slightly Thursday, following a sell-off in the Chinese market and continued worries about the approaching debt payment deadline for cash-starved Greece. In corporate news, chipmakers Avago Technologies and Broadcom agreed to merge in a $37 billion deal. Both stocks had jumped sharply Wednesday— Broadcom by 22 percent and Avago by 8...

  • *Avago rises after agreeing to buy Broadcom for $37 bln. *Abercrombie& Fitch rises after positive forecast. Initial claims for state unemployment benefits rose by 7,000 to a seasonally adjusted 282,000 for the week ended May 23, the Labor Department said on Thursday.

  • US STOCKS-Futures edge lower as Greece worries weigh Thursday, 28 May 2015 | 7:24 AM ET

    May 28- U.S. stock index futures were lower on Thursday, weighed down by concerns about Greece's ability to strike a deal with its creditors. *European officials downplayed talk that Greece and its lenders were drafting an agreement that would provide Athens much-needed debt relief. *Broadcom shares rose 0.85 percent to $57.64 in premarket trading after Avago...

  • Share markets in China, Hong Kong, Australia skid. LONDON, May 28- The dollar took a breather on Thursday after hitting its highest level against the yen since 2002, and stocks stuttered as high-flying Chinese shares tumbled and European officials downplayed talk of an imminent deal to keep Greece afloat. Commodity markets rebounded as the dollar's momentum...

  • Italy will sell five-, 10- and 17- year bonds and while the sales are expected to be taken down smoothly, some strategists said a lack of clarity over Greece may see jittery post-auction trading. Lower-rated euro zone bonds had rallied Wednesday after Greek officials spoke optimistically of reaching a cash-for-reforms deal, with economy minister George...

  • *Share markets in China, Hong Kong, Australia skid. *Uncertainty on Greece keeps investors hopeful but wary. TOKYO, May 28- An index of Asian shares fell on Thursday as the Chinese, Hong Kong and Australian markets slipped, while the dollar scaled its highest level against the yen since 2002 on expectations the U.S.

  • TOKYO— Chinese shares dived Thursday after big gains in the past three months and other global stock markets were mostly lower as a deadline neared for cash-starved Greece to make a debt payment. In Europe, France's CAC 40 slipped 0.5 percent to 5,155.42 and Germany's DAX lost 0.4 percent to 11,725.46. Britain's FTSE 100 inched up 0.2 percent to 7,046.80.

  • *Vague hopes of deal for Greece underpin shares. *Investors still cautious amid uncertainty on Greece. TOKYO, May 28- Asian shares edged up on Thursday on vague hopes of a rescue deal for Greece while the dollar was at the helm in currency markets on expectations that the U.S.