Maria Luís Albuquerque, finance minister of Portugal, says deflation is a "serious concern" for the country but is glad that the European Central Bank is considering "unconventional" monetary policies.» Read More
*Group includes BNP, SocGen, Caisse des Depots, ING, ABN Amro, Banco Espirito Santo.
The European Central Bank (ECB) still plans to take action to combat the problem of low and falling inflation despite holding off and disappointing markets over the past few months, Portugal's finance minister told CNBC.
*Investors unsure if China will take aggressive steps to support growth. LONDON, April 7- Copper steadied on Monday after falling to its lowest level in more than a week as investors nervously awaited signals from policymakers in top consumer China about monetary policy easing.
The Russian firm, part owned by Chief Executive Vladimir Potanin and aluminium giant Rusal, had to trim spending last year and focus on its lucrative Soviet-era operations in Russia's far north to cope with weak prices for its key metals.
SAO PAULO/ RIO DE JANEIRO, April 1- Brazil's securities industry watchdog CVM on Tuesday lifted a suspension on Grupo Oi SA's 6 billion real share offering, paving the way for the Brazilian telecommunications company's merger with Portugal Telecom SGPS SA.
LISBON, March 28- Portugal's chances of making a clean break from its international bailout in May are growing as its economic outlook gradually improves, borrowing costs slide, and some political dividends are seen for the government from going it alone. Prime Minister Pedro Passos Coelho has said the government will decide on what to do in April.
RIO DE JANEIRO/ BRASILIA, March 27- Brazil's securities watchdog on Thursday suspended the offer of shares in telecommunications company Grupo Oi SA for up to 30 days, dealing a setback to its planned merger with Portugal Telecom.
*Portugal, Greece shares and debt Europe's winners in 2014. LONDON, March 24- Yield-hungry investors are flocking back to Greek and Portuguese markets, shunned by international buyers for four years, as the outlook for the bailed-out countries improves and alternatives look more expensive or increasingly risky.
*Investors nervous about more company default in China. LONDON, March 19- London Metal Exchange copper rose sharply on Wednesday after the market's drop to its lowest level in more than 3-1/ 2 years prompted buying from speculators and consumers. "I can't see any fundamental news that would have done that," BNP Paribas analyst Stephen Briggs said.
*Investors nervous about more company default in China. LONDON, March 19- Copper hit its lowest level in more than 3-1/ 2 years on Wednesday on worries about growth and tighter credit in China, while aluminium sank as market data highlighted copper's chronic oversupply.
*Shanghai copper futures lowest since 2009, gold hits 5-1/ 2 mth high. LONDON, March 12- A dizzying fall in copper to a near four-year low compounded increasing concern in China over its economic slowdown on Wednesday to send a wave of unease sweeping through world markets.
LONDON, March 10- Portuguese bond yields fell sharply on Monday to near four-year lows on increasing optimism the country could follow Ireland out of its international bailout programme later this year. Ireland formally left its programme in December, becoming the first euro zone country to do so.
*Portugal to more than halve deficit by end-2015, then more. LISBON, March 9- Portugal's international bailout is expected to end in mid-May. To avoid a repeat of the 78 billion euro financial rescue agreed in May 2011 with the European Union and the International Monetary Fund, Lisbon cannot let up on shrinking its budget gap and trimming a huge sovereign debt.
HONG KONG, March 7- Hong Kong businessman Carson Yeung was sentenced to six years in jail on Friday for money laundering in a high-profile case that law enforcement officials hailed as an important victory to combat money laundering in the global financial hub.
*Italy sells 9 bln euro of debt. LONDON/ MILAN, Feb 27- Italy's 10- year borrowing costs slid to their lowest in more than eight years at a well bid bond sale on Thursday in a further investor endorsement of the new government's ambitious reform plans.
*Italy sells 9 bln euro of debt, including new 10- yr benchmark. LONDON/ MILAN, Feb 27- Italy's 10- year borrowing costs slid to their lowest in over 8 years at a hefty bond sale on Thursday, in a further endorsement by investors of the new government's ambitious reform plans.
*Italy to auction up to 9 bln euros of bonds. The sale of up to 9 billion euros of bonds includes a new 10- year benchmark is expected to go well even as tensions between Ukraine and Russia soured investors' appetite for risk-taking and boosted demand for safe-haven German Bunds.
LONDON, Feb 26- German government bond yields held close to their 2014 lows on Wednesday even after investors shunned a second consecutive debt sale, suggesting they saw scant value in the "painfully" low returns on offer.
WOOSTER, United States- Federal Reserve Bank of Cleveland President Sandra Pianalto gives lecture, "Reflections on 35 Years with the Federal Reserve System" at the James R. Wilson Lecture Series hosted by the College of Wooster- 0030 GMT. SAITAMA, Japan- Bank of Japan board member Koji Ishida speaks to business leaders in Saitama- 0130 GMT.
Some analysts said it showed investors were uncomfortable with the low returns in Germany. "The 30- year yield basically tells you that investors are not fearing any increase in inflation or a big pick-up in nominal growth," DZ Bank strategist Christian Lenk said.