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  • BRASILIA, Oct 29- Brazil's central bank raised interest rates on Wednesday, surprising investors with a move that signals President Dilma Rousseff could make more market-friendly policy changes after her narrow re-election victory on Sunday. In a divided vote, the central bank's board decided to raise its benchmark Selic rate by 25 basis points to 11.25...

  • HONG KONG, Oct 29- A member of China's central bank's advisory body warned on Wednesday that Beijing will punish Hong Kong if pro-democracy protests that have paralysed parts of the Chinese-controlled financial centre for a month are allowed to continue. Joseph Yam, executive vice president of advisory body China Society for Finance and Banking and a former...

  • HONG KONG, Oct 29- A member of China's central bank's advisory body warned on Wednesday that Beijing will punish Hong Kong if pro-democracy protests that have paralysed parts of the Chinese-controlled financial centre for a month are allowed to continue. Joseph Yam, executive vice president of advisory body China Society for Finance and Banking and a former...

  • HONG KONG, Oct 29- A member of China's central bank's advisory body warned on Wednesday that Beijing will punish Hong Kong if pro-democracy protests that have paralysed parts of the Chinese-controlled financial centre for a month are allowed to continue. Joseph Yam, executive vice president of advisory body China Society for Finance and Banking and a former...

  • SAO PAULO, Oct 27- The turning point in President Dilma Rousseff's re-election campaign came on the evening of Sept. 1, after a disastrous presidential debate at which she confessed to the audience that she was "nervous" and stumbled over several words. Silva, meanwhile, was hammering Rousseff on two of her biggest weaknesses- Brazil's stagnant economy, and her...

  • SAO PAULO, Oct 27- President Dilma Rousseff's narrow re-election victory met with cold reality on Monday as Brazil's financial markets tumbled on doubts that can restore confidence in the economy and maintain political support in a sharply divided nation. Brazil's benchmark Bovespa stock index fell around 5 percent in early trading, while Brazil's real...

  • BUSINESS-NEWS-SCHEDULE AT 1330 GMT /9.30 AM ET Monday, 27 Oct 2014 | 10:08 AM ET

    MILAN- Italy's Monte dei Paschi di Siena is likely to try to plug a capital shortfall uncovered by Europe- wide stress tests through asset sales and possibly another cash call, but longer term a takeover could be inevitable. LONDON- Europe's banking healthcheck showed countries and lenders are implementing global capital rules at vastly different speeds, and...

  • Newly re-elected Brazil leader faces house divided Monday, 27 Oct 2014 | 9:42 AM ET

    RIO DE JANEIRO— Brazil's re-elected leader Dilma Rousseff on Monday faced a house divided after a bitterly fought election that culminated in the narrowest presidential win since the nation's return to democracy three decades ago. Brazil's most rancorous presidential campaign in decades ended Sunday with the main opposition party's candidate Aecio...

  • Brazil stock market, currency down after election Monday, 27 Oct 2014 | 9:09 AM ET

    RIO DE JANEIRO— Brazil's stock exchange slipped and its currency fell against the dollar Monday as the market reacted negatively to the volatile presidential race that saw President Dilma Rousseff narrowly win re-election over her pro-business rival, Aecio Neves. While the poor largely came out in support of Rousseff, whose Workers' Party has presided over...

  • Brazilian President Rousseff re-elected     Monday, 27 Oct 2014 | 8:51 AM ET

    Geoff Dennis, UBS, shares his thoughts on how President Dilma Rousseff's win will likely impact Brazil's markets.

  • SAO PAULO, Oct 27- Despite opposition from nearly half of Brazil's voters, leftist President Dilma Rousseff won re-election on Sunday and will have another four years to try to revive growth in a once-booming economy gone stagnant. The 66- year-old Rousseff, who was a Marxist guerrilla in her youth, overcame growing dissatisfaction with the economy, poor public...

  • James Lockhart-Smith, associate director for Latin America at Maplecroft, says it will be "business as usual" after Dilma Rousseff's re-election in Brazil which is "bad news" for investors.

  • Brazil is 'divided' following election: Pro     Monday, 27 Oct 2014 | 3:20 AM ET

    Bhanu Baweja, global head of emerging market research at UBS, says Dilma Rousseff has a "tough" 4 years ahead of her after she was re-elected as president.

  • SAO PAULO, Oct 27- Despite opposition from nearly half of Brazil's voters, leftist President Dilma Rousseff won re-election on Sunday and will have another four years to try to revive growth in a once-booming economy gone stagnant. The 66- year-old Rousseff, who was a Marxist guerrilla in her youth, overcame growing dissatisfaction with the economy, poor public...

  • BRASILIA, Oct 27- President Dilma Rousseff narrowly won re-election by spending heavily and promising to extend the fight against poverty but she will need to restore order to public finances in her second term to get Brazil's stalled economy back in gear. To do so, she needs to move swiftly to staunch the bleeding in Brazil's fiscal accounts, which has added...

  • SAO PAULO/ BRASILIA, Oct 26- Brazil's leftist President Dilma Rousseff narrowly won re-election on Sunday after convincing voters that her party's strong record of reducing poverty over the last 12 years was more important than an ongoing economic slump. After the closest, most divisive campaign since Brazil returned to democracy three decades ago, Rousseff...

  • Sacha Tihanyi, Senior Currency Strategist at Scotiabank, explains his bearish outlook for Brazil's financial markets after the re-election of President Dilma Rousseff.

  • SAO PAULO/ BRASILIA, Oct 26- Brazil's leftist President Dilma Rousseff narrowly won re-election on Sunday after convincing voters that her party's strong record of reducing poverty over the last 12 years was more important than a recent economic slump. After one of the closest, most divisive campaigns in Brazil in decades, Rousseff won 51.6 percent of votes in a...

  • Bill Adams, Senior International Economist at PNC Financial Services Group, explains why the new government can only address Brazil's recession "slowly and indirectly."

  • SAO PAULO, Oct 26- Brazil's leftist President Dilma Rousseff was on the verge of winning a second term in Sunday's election, buoyed by strong support from the poor following one of the country's closest, most divisive campaigns in decades. Rousseff had 51.3 percent of votes in a runoff against Senator Aecio Neves of the centrist Brazilian Social Democracy Party,...