Total U.S. money market mutual fund assets fell by $35.02 billion to $2.58 trillion for the week that ended Wednesday, according to the Investment Company Institute. Assets in the nation's retail money market mutual funds fell by $5.33 billion to $912.96 billion, the Washington- based mutual fund trade group said Thursday.» Read More
*Apple up in premarket after iPhone deal with China Mobile. NEW YORK, Dec 23- U.S. stock index futures rose on Monday, indicating that a recent rally on Wall Street would continue, with Apple Inc surging on a distribution deal with China Mobile.
MOSCOW, Dec 23- Russia closed a deal on Friday to buy Ukraine's newly-issued $3 billion Eurobond, part of a $15 billion bailout of its smaller neighbour, Russian Finance Minister Anton Siluanov said. Russia offered a lifeline to Ukraine last week, helping revive the country's economy and keep it within Moscow's orbit.
LONDON, Dec 23- The dollar eased on Monday, tracking a drop in long-dated Treasury yields, though with the Federal Reserve starting to withdraw some of its extraordinarily large monetary stimulus, losses are likely to be limited.
HONG KONG, Dec 23- Asia had a record year in 2013 for dollar, euro and yen bond issuance with borrowers scrambling to raise debt and anticipating a rise in global interest rates. Deal volumes rose to a peak of $143.8 billion in 2013, eclipsing the previous high of $133.8 billion last year, with HSBC and Deutsche Bank leading the league tables.
TOKYO, Dec 22- Japan's government plans to issue 155.1 trillion yen in government bonds in the fiscal year that begins in April, the first planned year-on-year reduction in JGB issuance since 2008, according to officials with knowledge of the process.
WASHINGTON, Dec 20- The United States granted foreign banks a reprieve on Friday from some of its new rules for risky derivatives, putting itself on a collision course with overseas regulators who want more reliance on home-country rules.
WASHINGTON, Dec 20- The U.S. derivatives regulator allowed foreign banks on Friday to rely on swap trading rules from home-country regulators in a limited number of cases, saying it could look at further issues later.
A key component in Detroit's plan to exit bankruptcy will either be renegotiated over the next week or possibly face litigation, an attorney says.
NEW YORK, Dec 20- When the Federal Reserve first started talking about cutting its massive stimulus earlier this year, emerging-market currencies went into a tailspin. The Fed cuts started this week when it reduced its monthly bond-buying to $75 billion from $85 billion.
If the city cannot reach an agreement over costly interest-rate swap deals with banks and objecting parties, attorney Thomas Cullen of law firm Jones Day said, Detroit would retain its rights to litigate an end to the swaps.
WASHINGTON, Dec 20- The United States is on a collision course with regulators abroad as it plans to force foreign banks to comply with a host of new rules for risky derivatives, two sources close to the European Union said on Friday.
NEW YORK, Dec 20- Longer-dated Treasuries rose in price on Friday as yields near the upper end of their recent range drew buyers and the market adjusted to the idea that the Federal Reserve would begin to trim its bond purchases at the start of the new year.
NEW YORK, Dec 20- Longer-dated Treasuries rose in price on Friday as yields near the upper end of their recent range drew buyers and as the market adjusted to the idea that the Federal Reserve would begin to trim its bond purchases at the start of the new year.
NEW YORK, Dec 20- U.S. stock index futures edged higher on Friday after data showed the U.S. economy grew at its fastest pace in almost two years in the third quarter. S&P 500 futures rose 2.9 points and were above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration of the contract.
*Euro dips after S&P cuts European Union debt rating. LONDON, Dec 20- European shares inched up on Friday with riskier assets still in demand following a broadly neutral shift in U.S. monetary policy, and the euro dipped after rating agency S&P downgraded the European Union from triple-A.
*Red Hat gains after earnings, outlook. NEW YORK, Dec 20- U.S. stock index futures edged higher on Friday, putting the S&P 500 on track for its biggest weekly climb in two months, as investors appeared confident the economy will grow even as the Federal Reserve scales back its monthly stimulus.
*Red Hat gains after earnings, outlook. NEW YORK, Dec 20- U.S. stock index futures advanced on Friday, putting the S&P 500 on track for its biggest weekly climb in two months, as investors appeared confident the economy will grow even as the Federal Reserve scales back its monthly stimulus.
Dec 19- Mexico earned a higher debt rating from Standard& Poor's on Thursday and expectations of more upgrades to come could help support Mexican assets in the coming months even as the government borrows more.
TOKYO, Dec 20- Japanese government bond prices ended the Friday morning session steady to slightly weaker on the back of a further rise in mid- to long-term U.S. Other domestic real money accounts took a wait-and-see approach ahead of the outcome of a Bank of Japan policy meeting.
NEW YORK, Dec 19- Neuberger Berman Group LLC has launched its second mutual fund that employs external hedge fund managers to manage its assets, the New York- based investment firm said on Thursday.