*Gold up 0.3 pct on week, could end 4- week losing streak. LONDON, Feb 27- Gold steadied on Friday, due to a softer dollar, but was heading for its biggest monthly loss since September as European shares traded near seven-year highs and upbeat U.S. data supported expectations of a rate hike by the Federal Reserve this year. Gold has fallen more than 7 percent from a...» Read More
*Telecom Italia up on report businessman seeks finance for bid. LONDON, Sept 25- European shares extended the previous session's rebound on Thursday as a further drop in the euro fuelled expectations of a boost to the region's corporate earnings. Federal Reserve and the European Central Bank.
PARIS, Sept 25- European shares gained ground in early trade on Thursday, extending the previous session's rebound as a further drop in the euro fuelled expectations of a boost to the region's corporate earnings. Federal Reserve and the European Central Bank.
*New Zealand dollar skids to one-year lows. LONDON, Sept 25- The euro hit a 22- month low against the dollar on Thursday on the prospect of diverging monetary policy between the Federal Reserve and the European Central Bank as rate differentials swing decisively in the greenback's favour.
WASHINGTON, Sept 24- The Federal Reserve should be "exceptionally patient" in removing its monetary policy stimulus, a top Fed official said on Wednesday, even if doing so means allowing inflation to modestly overshoot the U.S. central bank's 2 percent goal.
*U.S. sells $35 bln five-year notes to weak demand. NEW YORK, Sept 24- U.S. benchmark Treasuries yields were set to close higher for the first time in five sessions on Wednesday after weak demand at a five-year note auction underscored concern about Federal Reserve rate hikes and strong housing data undercut safe-haven bids.
Sept 24- The U.S. Food and Drug Administration issued warning letters to three privately held companies marketing treatments that claim to prevent or treat Ebola. The letters were sent to Newton, New Jersey- based Natural Solutions Foundation, Utah- based dTERRA International LLC and Utah- based Young Living.
Indexes added to gains and hit session highs after Chicago Federal Reserve Bank President Charles Evans said the central bank should be "exceptionally patient" in removing monetary policy accommodation at a Peterson Institute conference on labor market slack.
WASHINGTON, Sept 24- The U.S. "I am very uncomfortable with calls to raise our policy rate sooner than later," Chicago Federal Reserve Bank President Charles Evans said at a Peterson Institute conference on labor market slack. The Fed has kept interest rates near zero since December 2008.
TOKYO, Sept 24- Asian stocks slipped on Wednesday as U.S.-led air strikes in Syria curbed appetite for risky assets, while the dollar was kept in check after U.S. yields fell on geopolitical woes and dovish statements by a Federal Reserve official.
CHEYENNE, Wyo., Sept 23- The U.S. But it should also do so gradually so as not to roil markets or hurt the economy, Kansas City Federal Reserve President Esther George said. The Fed has kept short-term interest-rates near zero since 2008, and has quadrupled its balance sheet to $4.5 trillion with purchases of bonds aimed at pushing down borrowing costs further.
*Asia stocks track overnight fall on Wall Street. TOKYO, Sept 24- Asian stocks tracked an overnight decline on Wall Street and dipped early on Wednesday, while the dollar was kept in check after U.S. yields fell on geopolitical woes and dovish statements by a Federal Reserve official.
WASHINGTON, Sept 23- A U.S. court has temporarily shut down Butterfly Labs, a Missouri company the Federal Trade Commission alleges deceptively marketed computers designed to produce bitcoins, the "virtual currency" payment system. In an emailed statement on Tuesday, Butterfly Labs said the commission had overreached with "heavy-handed actions."
Federal Reserve is warning banks that lending for deals that load up companies with too much debt could impact its assessment of banks' loan loss rates in the next stress test, the Financial Times reported.
NEW YORK, Sept 23- Galmed Pharmaceuticals Ltd soared on Tuesday after the company said the Food and Drug Administration had granted fast track designation for its product candidate, aramchol, designed to treat non-alcoholic steato-hepatitis.
WASHINGTON, Sept 23- A U.S. court has shut down Butterfly Labs, a Missouri company the Federal Trade Commission alleges deceptively marketed computers designed to produce bitcoins, the "virtual currency" payment system.
*U.S. attacks IS targets in Syria. LONDON, Sept 23- Gold rose on Tuesday as the dollar eased following comments from a New York Federal Reserve official that any increase in interest rates should be done cautiously, while U.S. air strikes added to global tensions and demand for safe assets.
Sept 23- Between 550,000 and 1.4 million people in West Africa could be infected with the Ebola virus by January 20, 2015, according to a report issued on Tuesday by the U.S. Centers for Disease Control and Prevention.
Sept 22- The U.S. Federal Trade Commission is considering a possible antitrust lawsuit against Sysco Corp's $3.5 billion deal to buy debt-ridden US Foods from private equity, the Wall Street Journal reported on Monday citing people with knowledge of the matter.
OBAMA SAYS TREASURY SECRETARY LEW BRIEFED HIM ON MONDAY ON FIRST STEPS TREASURY DEPARTMENT WILL TAKE TO DISCOURAGE CORPORATE TAX INVERSIONS.
Sept 22- Philadelphia Federal Reserve Bank President Charles Plosser, whose vocal discomfort with the U.S. central bank's super-easy monetary policy marks him as one of its hawkish policymakers, will retire on March 1, 2015, the regional Fed bank said on Monday.