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  • TOKYO, April 2- Japan's Nikkei share average rose on Thursday, rebounding from a three-week low, helped by short-covering and hopes that the central bank is buying stocks. The Nikkei benchmark ended 1.5 percent higher to 19,312.79, posting the biggest daily percentage gain since February 12. Central bank data showed that it bought 35.2 billion yen worth of...

  • WARSAW, April 2- Poland's central bank governor has criticized a regulator's proposal to allow holders of mortgages denominated in Swiss francs to convert the debt at the historical exchange rate saying it would be "fatal" for lenders. For us it would mean getting rid of almost half the currency reserves, " Marek Belka told Rzeczpospolita daily in an interview...

  • *Oxfam says hard to track development impact. WASHINGTON, April 1- The World Bank's private sector arm may be doing more harm than good when it invests in private equity firms, banks and other financial intermediaries, global development group Oxfam said in a report on Wednesday. "By channeling funds through third parties, the IFC loses control of how the money is...

  • SAFT ON WEALTH-Careful how you front-run the Fed Wednesday, 1 Apr 2015 | 5:42 PM ET

    April 1- Investors see the Federal Reserve the way bond desks tend to view small clients from the sticks: as easy marks and reliable sources of profit. Fed Chair Janet Yellen last week yet again soft-pedaled the timing of a first rate rise and the rate of ascent thereafter, making a nod to the' secular stagnation' argument as she did. "I fear that markets have come to a...

  • WASHINGTON, April 1- As the U.S. Supreme Court on Wednesday considered the case of a Massachusetts homeowner battling his mortgage lender over a bankruptcy plan, several justices focused their attention on his unlikely ally: Bank of America Corp.. Bank of America, one of the largest U.S. banks, filed a friend-of-the-court brief in support of Louis Bullard, who owes...

  • More permanent role seen for Fed's repurchase program Wednesday, 1 Apr 2015 | 2:41 PM ET

    STONE MOUNTAIN, Ga., April 1- A pledge by the U.S. The Fed has said it will shutter the repo program as soon as it's no longer needed, with Atlanta Fed President Dennis Lockhart saying on Wednesday that the central bank can adjust rates in a way to where the program "dies under its own weight." "Changes in short-term interest rates are less relevant to the price of a lot of...

  • Stone Mountain, Ga., April 1- U.S. financial regulators are struggling to agree on how to tackle the huge network of lenders operating outside of traditional banking channels, as worries grow that the lack of oversight over this system is increasing systemic risks. Shadow banks provide an estimated 40 percent of credit in the United States. "There are unresolved...

  • FOREX-Dollar retreats on weak data as new quarter begins Wednesday, 1 Apr 2015 | 10:54 AM ET

    NEW YORK, April 1- The dollar fell on Wednesday at the start of the second quarter as disappointing data on U.S. manufacturing and jobs growth raised bets the Federal Reserve might refrain from raising interest rates until late 2015 at the earliest. Payroll processor ADP said U.S. companies added 189,000 workers in March, the fewest in 14 months, while the...

  • GoDaddy first trade at $26.15   Wednesday, 1 Apr 2015 | 10:10 AM ET
    GoDaddy first trade at $26.15

    CNBC's Bob Pisani reports on shares of GoDaddy.

  • Morgan Stanley said 62 percent of investors polled at its European financial industry conference said the negatives of having a global banking business outweighed the benefits as regulations had "become overbearing" for the largest firms. "We found it striking that some management teams are seeking to make their businesses simpler, and we believe investors...

  • BAKU, April 1- The head of Azerbaijan's central bank said on Wednesday the bank was moving towards a managed float of the manat currency as it was not yet ready to move to a fully flexible rate. Rustamov said the bank had sold more than $1 billion since Feb. 21 from reserves following the manat's devaluation. The bank spent $1 billion of reserves to prop up the currency...

  • Banks lending again: Expert   Wednesday, 1 Apr 2015 | 6:27 AM ET
    Banks lending again: Expert

    We are starting to see some good loan growth, says Gerard Cassidy, RBC Capital Markets, providing his outlook on banks and weighing in on how low interest rates are impacting the sector

  • SHANGHAI, April 1- China's newly announced deposit insurance scheme could pressure margins at struggling state-owned banking giants, but the country's small lenders still have their work cut out to take market share from the big players. China's cabinet announced on Tuesday that a long-awaited deposit insurance scheme- covering 99.6 percent of depositors...

  • BAKU, April 1- The head of Azerbaijan's central bank said on Wednesday the bank was moving towards a managed float of the manat currency as it was not yet ready to move to a fully flexible rate. "The central bank is moving towards a managed float of the manat," Elman Rustamov said at a meeting of the parliament's economic policy committee. Rustamov said the manat's rate...

  • China to offer deposit insurance   Wednesday, 1 Apr 2015 | 6:25 AM ET
    China to offer deposit insurance

    CNBC's Eunice Yoon reports China plans to launch a bank deposit insurance system in May, paving the way for deregulation of interest rates.

  • SHANGHAI, April 1- China's newly announced deposit insurance scheme could pressure margins at struggling state-owned banking giants, but the country's small lenders still have their work cut out to take market share from the big players. China's cabinet announced on Tuesday that a long-awaited deposit insurance scheme- covering 99.6 percent of depositors...

  • *RBI to leave both key rates on hold at April 7 meeting. BENGALURU, April 1- The Reserve Bank of India will most likely leave its benchmark interest rate unchanged at 7.50 percent at next week's policy meeting, but reduce it by 25 basis points by the end of June, a Reuters poll found. Only nine of the 40 economists surveyed this week expect the RBI to cut the repo rate at the...

  • *BOJ can buy more assets or scrap 0.1 pct floor on rates-Yamamoto. TOKYO, April 1- The Bank of Japan must ease monetary policy further at its rate review on April 30 given signs of slowdown in the economy and prices, a ruling party lawmaker and one of the architects of premier Shinzo Abe's "Abenomics" reflationary policies said. The central bank has various tools...

  • US official: We support AIIB's goal   Tuesday, 31 Mar 2015 | 11:16 PM ET
    US official: We support AIIB's goal

    Catherine Novelli, U.S. Under Secretary of State for Economic Growth, Energy and the Environment, says the U.S. supports the Asian Infrastructure Investment Bank's goal in infrastructure development.

  • HONG KONG, April 1- China's yuan firmed against the dollar on Wednesday, helped by better-than-expected factory sector activity, even though the central bank set a weaker midpoint for the currency for the fourth consecutive day. The final HSBC/ Market China Manufacturing PMI came in at 49.6, also slightly higher than a preliminary "flash" reading of 49.2 but still...

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