Total U.S. money market mutual fund assets rose by $7.32 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 $5.60 billion to $907.28 billion, the Washington- based mutual fund trade group said Thursday.» Read More
*Shares surge on earnings, Sydney Airport proposal, dividend. SYDNEY, Nov 1- Australia's top investment bank Macquarie Group Ltd booked a better-than-expected 39 percent increase in first-half net profit on Friday, helped by an upswing in IPOs and a strong performance from its asset management division.
NEW YORK, Oct 31- Asset manager Invesco Ltd said on Thursday that its third-quarter profit rose 34 percent as strong net inflows, primarily in its retail business, helped boost assets. Assets under management at Invesco grew by $39.9 billion during the quarter to total $745.5 billion at the end of September, a 12.4 percent increase from a year earlier.
NEW YORK, Oct 31- U.S. The Institute for Supply Management-Chicago said its regional business index jumped to 65.9 in October from 55.7 last month. "This was just ridiculously strong," said Eric Green, global head of rates and currency research and strategy at TD Securities in New York.
LONDON, Oct 31- European Union rules being finalised to regulate derivatives and bond trading are too light-touch and will leave markets in the dark, EU financial services chief Michel Barnier has said.
*Facebook rises in premarket, trading could be volatile. NEW YORK, Oct 31- U.S. stock index futures edged lower on Thursday, suggesting the market's rally may have run out of steam, as investors digested recent comments from the Federal Reserve.
*Facebook rises in premarket, trading could be volatile. NEW YORK, Oct 31- U.S. stock index futures edged lower on Thursday, suggesting the market's rally may have run out of gas, as investors continued to digest recent comments from the Federal Reserve.
TOKYO, Oct 31- Six major central banks said on Thursday they would make their web of currency swap arrangements permanent as a "prudent liquidity backstop" in case of future global financial strains. The Bank of Japan, U.S.
TOKYO, Oct 31- Japanese government bond prices eased slightly on Thursday in relatively quiet trading after the Bank of Japan kept its monetary policy steady as expected. Treasury yields overnight had some negative impact on JGBs. By a unanimous vote, the BOJ maintained its pledge to increase Japan's monetary base by 60- 70 trillion yen a year.
*Euro zone bond allocation rises to 2-1/ 2- year high. TOKYO, Oct 31- Japanese fund managers increased their assets allocated to equities to a 1-1/ 2- year high in October on expectations that the U.S.
TOKYO, Oct 31- Following is a table of bond holdings of Japan's nine major life insurers as of the end of March, and the amount they held in currency hedges via forward contracts. Data for September 2013 is scheduled to be published in November. As of March 2013, in billions of yen:.
SYDNEY, Oct 31- Asian markets appeared headed for some brief turbulence on Thursday after the U.S. Wall Street stocks slipped and Treasury yields popped higher after the U.S. central bank kept its $85 billion- a-month stimulus plan intact but did not sound quite as alarmed about the state of the economy as some had anticipated.
*Gold, euro flatten after posting previous gains. NEW YORK, Oct 30- A gauge of global stocks dipped after hitting a near six-year high and Treasury bond prices fell on Wednesday while the U.S. dollar strengthened after a slightly less-dovish-than-expected statement from the Federal Reserve.
*Treasury sells $29 bln in 7- year notes at high yield of 1.87 pct. NEW YORK, Oct 30- Prices for U.S. "It was much less dovish than was expected, which is why we saw the reaction in markets," said Tom Porcelli, chief U.S Economist at RBC Capital Markets in New York.
NEW YORK, Oct 30- Recent market trends reversed on Wednesday after a slightly less-dovish-than-expected statement from the Federal Reserve, with stocks and Treasury prices turning lower while the U.S. dollar showed strength. The Fed extended its support for a slowing U.S. economy, saying it will keep buying $85 billion in bonds per month for the time being.
*Treasury sells $29 bln in 7- year notes at high yield of 1.87 pct. NEW YORK, Oct 30- Prices for U.S. "It was much more dovish than was expected, which is why we saw the reaction in markets," said Tom Porcelli, chief U.S Economist at RBC Capital Markets in New York.
SAN JUAN, Puerto Rico, Oct 30- A Securities and Exchange Commission judge dismissed a complaint against two top executives of UBS Puerto Rico as it prepares to fight off a flood of legal complaints prompted by local investor losses adding up to $4.5 billion so far this year.
WASHINGTON, Oct 30- The U.S. derivatives regulator on Wednesday approved a plan to better protect customers of futures brokers after the collapse of MF Global left clients struggling to get their cash back.
WASHINGTON, Oct 30- The U.S. derivatives regulator on Wednesday approved a final customer protection rule in a public vote of three to one.
NEW YORK, Oct 30- U.S. Recent data signaled the critical labor and housing sectors had already slowed even before the shutdown, bolstering the view the policymakers are unlikely to reduce the Fed's $85 billion monthly purchases of Treasuries and mortgage-backed securities.
NEW YORK, Oct 30- U.S. stock index futures edged higher on Wednesday, a day after the Dow and the S&P 500 indexes hit a new closing record, on expectations that the Federal Reserve's monthly bond purchases of $85 billion will be extended into next year.