LONDON, Dec 13- Kazakh-owned Alliance Bank needs recapitalisation to restore profitability, a process that must involve all its shareholders and bondholders, its CEO said on Friday, as the bank's dollar debt sank to record lows.» Read More
NEW YORK, Dec 13- U.S. Still traders remained on edge over the possibility of the Fed tapering its third round of quantitative easing that added over $1 trillion to its balance sheet when the policy-making body meets, traders and investors said. The Labor Department said its index on producer prices fell for a third straight month, dipping 0.1 percent in November.
*U.S. House passes bill for $633 bln in defense spending. NEW YORK, Dec 13- U.S. stock index futures edged higher on Friday, rebounding after a three-day decline on Wall Street, though market participants remained cautious ahead of a Federal Reserve policy meeting next week.
LONDON, Dec 13- Global equities headed for their biggest two-week drop since June and the dollar hit 5- year highs against the yen on Friday amid concern the U.S. Such concerns saw U.S.-based funds pull $6.51 billion out of stock mutual funds in the past week, the biggest outflow this year, according to Thomson Reuters Lipper data.
TOKYO, Dec 13- Japanese government bonds sagged on Friday, with the benchmark 10- year bond yield hitting a two-month high on the yen's slide to five-year lows against the dollar and rising speculation the U.S.
TOKYO, Dec 13- Japanese government bond prices fell across the curve on Friday, with 7- to 10- year maturities hit most heavily, following a fall in the yen to six-month lows against the dollar. The fall in JGBs came despite the Bank of Japan buying bonds with maturities of up to 10 years.
CHICAGO, Dec 12- Illinois' enactment of sweeping public pension reforms last week gave a boost to its sale on Thursday of $350 million of taxable general obligation bonds. He said Illinois' previous sale of $350 million of taxable GO bonds in April resulted in a 4.97 TIC that was more than 3 percent over 10- year Treasuries.
*U.S. to sell $96 bln Treasuries, $16 bln TIPS next week. NEW YORK, Dec 12- U.S. The auction "tailed" the 1 p.m. bidding deadline level by 1 basis point for a yield of 3.90 percent, said Brett Rose, analyst at Citigroup Global Markets, in a research note.
Dec 12- Bank of America Corp has agreed to pay $131.8 million to settle U.S. Securities and Exchange Commission charges that its Merrill Lynch unit misled investors about collateralized debt obligations it structured and sold.
LONDON, Dec 12- The bet paid off in Ireland and it paid off in Hungary but star bond investor Michael Hasenstab's faith in distressed countries honouring their sovereign debts faces an even bigger test in Ukraine. For the moment at least the fate of a $5 billion- plus punt on Ukraine government debt by the Franklin Templeton manager does not look promising.
Dec 12- Bank of America Corp has agreed to pay $131.8 million to settle U.S. Securities and Exchange Commission charges that its Merrill Lynch unit misled investors about collateralized debt obligations it structured and sold. Bank of America did not admit or deny wrongdoing. Bank of America bought Merrill on Jan. 1, 2009.
*Market pricing in less than 15 pct risk of senior bail-in. *Contagion effects hugely underestimated- analysts. LONDON, Dec 12- European Union plans to force bond investors take their share of losses in failing banks by 2016 could risk undermining appetite for bank debt and make it more difficult for weaker lenders to fund themselves, credit market experts said.
*Fed to buy $3- $4 billon Treasuries due 2019-2020. NEW YORK, Dec 12- U.S. The news on retail sales compounded earlier selling tied to investors making room for a supply of $13 billion worth of 30- year bonds, the last leg of this week's $64 billion in coupon-bearing government debt.
NEW YORK, Dec 12- U.S. stock index futures rebounded after earlier declines to turn positive as investors digested a flurry of data, including weekly jobless claims and retail sales.
NEW YORK, Dec 12- U.S. stock index futures held losses Thursday after mixed data reports showed a rise in retail sales while import prices indicated inflation remained subdued, and jobless claims saw their largest weekly increase in more than a year.
*Facebook to join S&P 500. *Hilton Worldwide raises over $2.3 bln in record hotel IPO. NEW YORK, Dec 12- U.S. stock index futures dipped on Thursday, setting Wall Street up for a third day of losses, as investors awaited a batch of economic data that may provide clues on how soon the Federal Reserve will start trimming back its stimulus efforts.
AMSTERDAM, Dec 12- Dutch market regulators said on Thursday they have stepped up supervision of financial institutions to evaluate the risk of possible manipulation of currency, commodities and derivatives markets.
LJUBLJANA, Dec 12- Slovenia issued a 1 billion euro bond on Wednesday to help raise the funds to recapitalise its ailing banks, Finance Minister Uros Cufer said on Thursday.
TOKYO, Dec 12- Japanese government bond prices were steady to firmer on Thursday, helped by a fall in Tokyo share prices as well as structural support from the Bank of Japan's massive bond buying. The market is also bolstered by the BOJ's two-year asset purchase scheme, in which it buys more than 7 trillion yen of JGBs every month.