• NEW YORK, June 26- Fund managers are making a big bet on Snoopy, Lucy and Charlie Brown.

  • BUENOS AIRES, June 26- Argentina has deposited the next payment needed to avoid a default on its restructured bonds, but a U.S. federal court decided on Thursday not to let the payment go through.

  • BUENOS AIRES, June 26- Argentina has deposited the next payment that the government owes on its restructured bonds, Economy Minister Axel Kicillof said on Thursday, while a U.S. federal court decides whether to allow the payment to go through.

  • LONDON, June 26- Norway's $890 billion oil fund, the biggest of its kind, needs an overhaul to boost its long-term performance and preserve wealth for future generations long after North Sea energy income has dried up, its chief told Reuters.

  • NEW YORK, June 26- U.S. The Commerce Department said May spending increased 0.2 percent. "Just at face value, the small increase in May suggests that spending is not going to be as healthy as people are hoping for," said Kim Rupert, managing director of global fixed income at Action Economics, San Francisco.

  • LONDON, June 26- Gold pared losses on Thursday after U.S. data put pressure on Treasury yields, though it remained below this week's two-month high as a firmer tone to equities suggested investors were switching back into assets offering a better return.

  • LONDON, June 26- Italy, the euro zone's biggest debtor, risks missing out on cheap foreign funding unless the Treasury can win approval to use controversial derivatives to protect itself against currency swings.

  • *Shift in pattern of global fund flows benefits Dubai. DUBAI, June 26- Bond investors' confidence in Dubai is surviving two tests at once, with bond prices staying strong even as the stock market tumbles and concern mounts over volatility in the real estate sector.

  • Gary Loveman said he believed Caesars' finances- its debt carries a speculative grade rating- would not put it at a disadvantage as it seeks a licence in Japan, where a bill to legalise casinos could be put to a vote in parliament this year.

  • TOKYO, June 26- Caesars Entertainment Corp will likely agree to a debt restructuring with bondholders within a year and should have no problem financing a foray into the Japanese market, the debt-strapped casino operator's chief executive said on Thursday.

  • JGBs edge up, 2-year auction well received Thursday, 26 Jun 2014 | 2:05 AM ET

    TOKYO, June 26- Japanese government bond prices edged up on Thursday, taking cues from overnight gains by U.S. The yield curve flattened as pension funds bought the longer-dated maturities for month-end duration extensions. An auction of 2- year JGBs was well received by the market, with the bid-to-cover ratio, a gauge of demand, coming in at 4.83.

  • Since Detroit filed the biggest municipal bankruptcy in U.S. history last July, Syncora has objected to the city's moves nearly every step of the way- from an early agreement with investment banks over interest rate swaps to the more recent "grand bargain" designed to save the Detroit Institute of Arts.

  • MSCI's broadest index of Asia-Pacific shares outside Japan added 0.3 percent. Japan's Nikkei gained 0.4 percent and South Korea 0.5 percent. Shares of CBS shot up 6.2 percent as the U.S. Supreme Court ruled TV startup Aereo violates copyright law by using tiny antennas to provide subscribers with broadcast network content via the Internet.

  • UNITED NATIONS, June 25- Argentina's Economy Minister Axel Kicillof warned United Nations diplomats on Wednesday the country is being pushed toward a new default after a U.S. Supreme Court decision favored holdout creditors seeking payment on bonds it defaulted on in 2001-2002..

  • Michigan says investors snap up Detroit lighting bonds Wednesday, 25 Jun 2014 | 5:19 PM ET

    June 25- A sale of $185 million of revenue bonds on Wednesday for Detroit's public lighting authority had no problem finding buyers despite the fact the city remains in bankruptcy court.

  • June 25- Moody's Investors Service on Wednesday upgraded its rating on California's general obligation debt to "Aa3" from "A1," citing the state's improving financial position and employment growth.

  • TREASURIES-Prices up on surprisingly hefty U.S. GDP cut Wednesday, 25 Jun 2014 | 3:00 PM ET

    NEW YORK, June 25- U.S. Thirty-year prices, which were already up on buying by investors rattled by fighting in Iraq, were ahead 17/ 32. Benchmark 10- year notes were up 8/ 32 to yield 2.557 percent, versus 2.586 percent late on Tuesday. "The GDP numbers were worse than expected, and that's in boldface and capital letters," said strategist Lou Brien at DRW Trading in Chicago.

  • *Europe stocks fall; German bond yields at 2014 low. NEW YORK, June 25- Stocks on Wall Street rose on Wednesday despite disappointing U.S. economic data while German bond yields hit their lowest levels for the year as European investors moved toward safe havens.

  • NEW YORK, June 25- Argentina's Economy Minister Axel Kicillof is due to address the United Nations and the press on Wednesday about the country's standoff with holdout bond investors, but it remains to be seen whether he will actually open negotiations while the clock ticks down toward a debt default.