BUENOS AIRES, Argentina— Argentina has removed a New York bank as custodian for bonds held by many of its bondholders and deposited $161 million with a local trustee to handle interest payments. The Economy Ministry says the money was deposited Tuesday into two accounts of the state-run Nacion Fideicomisos S.A., replacing The Bank of New York Mellon.» Read More
LAS VEGAS, May 26- As a $14.8 billion hedge fund with a reputation for savvy mortgage trades and a record of double-digit returns, Pine River Capital Management has long signed up multi-billion-dollar pension and sovereign wealth funds as investors.
--Clyde Russell is a Reuters columnist. LAUNCESTON, Australia, May 26- Iron ore swaps traded in Singapore are suggesting that the worst may be over for the steelmaking ingredient, but futures in the Chinese city of Dalian point to further price weakness.
TOKYO, May 26- The price of the benchmark Japanese government bond edged slightly lower in extremely quiet trade on Monday, even as some dip-buying emerged to support the superlong sector. The BOJ offered to buy 400 billion yen in the 5- year to 10- year tenor, in addition to 20 billion yen in 10- year inflation-linked JGBs.
*Greece, Ukraine elections spur safe-haven bids. Treasuries prices rose on Friday on uncertainty ahead of elections in Greece and Ukraine elections, which overshadowed stronger-than-expected U.S. housing data and spurred safe-haven bids.
LONDON, May 23- BlackRock, the world's biggest asset manager, said on Friday one of its main bond funds had cut its holdings of peripheral euro zone government debt to their lowest since the height of the crisis.
*Aeropostale stumbles before the bell after outlook. NEW YORK, May 23- U.S. stock index futures inched higher on Friday, ahead of data on the housing market, with the S&P 500 on track to score its first weekly gain in the past three. *New home sales data for April is due at 10:00 a.m..
*Little impact of ratings upgrades for Spain and Greece. *Investors wary ahead of Ukraine vote, European result. LONDON, May 23- The euro fell to a three-month low against the dollar and stocks and bonds in the region climbed on Friday, after a wobble in German business confidence added to expectations the European Central Bank will cut interest rates next month.
*Little impact of ratings upgrades for Spain and Greece. *Investors wary ahead of Ukraine vote, European result. LONDON, May 23- Asian shares hit one-year highs on Friday and bond yields were on track to notch up a broad-based rise on the week, but European markets softened after a closely watched measure of German business confidence came in weaker than expected.
BEIJING, May 23- A stand-off between China's central bank and finance ministry could delay the creation of a local government bond market, illustrating a potential roadblock to Beijing's broader reform agenda: bureaucratic turf wars.
*Developments in Thailand after military coup eyed. SYDNEY, May 23- The dollar hovered at one-week highs against the yen and held its ground on the euro early on Friday, having drifted up broadly after promising U.S. housing and factory activity data gave Treasury yields a bit of a lift. The euro eased to $1.3654 after suffering a 0.2 percent decline.
WASHINGTON, May 22- The U.S. derivatives watchdog asked on Thursday for more industry comments on a proposed rule to curb speculators in commodity futures markets.
*Treasury sells $13 bln in 10- yr TIPS to solid demand. NEW YORK, May 22- U.S. The National Association of Realtors said existing home sales increased 1.3 percent to an annual rate of 4.65 million units in April, marking the second sales increase in nine months.
WASHINGTON, May 22- The U.S. Senate aims to vote to confirm three candidates to the Commodity Futures Trading Commission in early June, a senior Democratic aide said on Thursday, to fill a leadership gap at the futures and swaps regulator.
NEW YORK, May 22- Investors have been flocking to highly concentrated stock mutual funds in the hope that more daring bets will produce bigger returns, but it hasn't worked out that way.
*MSCI world index rises, U.S. stocks up in early trading. *U.S., China factory sector data supportive. NEW YORK, May 22- World stock indexes edged higher on Thursday as data showed factory activity picked up in both the United States and China, while U.S.
NEW YORK, May 22- U.S. The National Association of Realtors said existing home sales increased 1.3 percent to an annual rate of 4.65 million units in April, marking the second increase in sales in nine months. "I don't think any of the data this morning was that much of a surprise," said Brian Rehling, chief fixed-income strategist at Wells Fargo Advisors in St. Louis.
HASENSTAB'S $70 BLN GLOBAL BOND FUND HELD 5 PCT OF ASSETS IN UKRAINE AT MARCH 31.
ISTANBUL, May 22- Turkey's central bank surprised markets with its first rate cut in a year on Thursday, weeks after Prime Minister Tayyip Erdogan called for rates to fall- reviving questions about political pressure on the bank. Yields on Turkey's two-year bond slid to a six-month low after the announcement.
LONDON, May 22- Trading in derivatives based on Russian Urals oil, one of the world's biggest grades of crude by volume, has more than doubled in recent months as demand has risen and new brokers have entered the market.
*Best Buy falls in premarket after results. NEW YORK, May 22- U.S. stock index futures were little changed on Thursday, ahead of data on the labor and housing markets, after the S&P 500 advanced for a third time in four sessions. Dow Jones industrial average e-mini futures gained 8 points and Nasdaq 100 e-mini futures added 2.75 points.