LONDON, June 20- Investors in Britain's largest companies have rowed back on the protests over pay which most readily symbolised public distaste over perceived corporate greed during last year's' shareholder spring'.
*Barclays report sees "hit to tourism" in Singapore. *Indonesia says investors from Singapore partly to blame. SINGAPORE, June 20- Haze from fires in Indonesia blanketing Singapore could persist for weeks or longer, Prime Minister Lee Hsien Loong said on Thursday, as the smoke drove air quality to "hazardous" levels and disrupted business and travel in the region.
LONDON, June 20- Euro zone debt fell across the board on Thursday and was expected to weaken further after the U.S. Fed Chairman Ben Bernanke said the U.S. economy was growing fast enough to allow the central bank to trim its $85 billion monthly stimulus, with the goal of ending it in mid-2014.
*Findings apply to RBS, Lloyds, Barclays, Co-op, Nationwide. LONDON, June 20- Britain's banks will have to raise 13 billion pounds of extra capital and meet new a new cap on lending ahead of international peers as the Bank of England seeks to curb risk in the financial sector.
*Barclays, Nationwide asked to cut leverage. LONDON, June 20- Lloyds Banking Group must plug a capital shortfall of 8.6 billion pounds, Britain's banking regulator said on Thursday, a day after the government signalled plans to return the part-state owned lender to the private sector.
LONDON, June 19- Britain is ready to start selling its shares in Lloyds Banking Group and will examine whether to break up Royal Bank of Scotland, Finance Minister George Osborne said on Wednesday, after acknowledging the re-privatisation of RBS remains a long way off.
LONDON, June 19- Britain is ready to start selling its shares in Lloyds Banking Group and will examine whether to break up Royal Bank of Scotland, Finance Minister George Osborne said, admitting the re-privatisation of RBS remains a long way off.
LONDON, June 19- Britain's economic recovery is not yet secure and more needs to be done to ensure the country's banks no longer pose a threat to taxpayers, Bank of England Governor Mervyn King said in his final speech on Wednesday.
NEW YORK-- A Barclays analyst on Wednesday upgraded Cemex SA to "Overweight" from "Equal Weight," saying that the Mexican cement company's shares have the potential to rise.
*Copper touches lowest level since May 3. LONDON, June 19- Copper slid on Wednesday to its lowest in over six weeks, the third straight day of losses, as investors worried about the potential for less stimulus from the U.S.
*March-May pretax 6.1 bln SEK vs consensus 6.3 bln. STOCKHOLM, June 19- H&M, the world's second-largest fashion retailer, posted a sharp rise in sales since the start of June, driven by strong demand for full-price items from its new collections more than discounted older unsold items.
LONDON, June 19- Bankers who are reckless with customers' or taxpayers' money could face criminal charges and have bonuses and pensions clawed back, according to proposals backed by Britain's prime minister on Wednesday.
*Copper, other markets, trade in recent ranges. LONDON, June 19- Copper edged up on Wednesday, but remained within a tight range near six-week lows, as investors held fire ahead of the conclusion of the Federal Reserve's two-day policy meeting.
WASHINGTON, June 19- Federal Reserve policymakers will likely announce on Wednesday that they will keep buying bonds at a monthly pace of $85 billion, while keeping their options open to scale back the program later this year if the U.S. labor market continues to improve. Fed Chairman Ben Bernanke will hold a news conference 30 minutes later.
SYDNEY, June 18- All the major currencies marked time in Asia on Wednesday as investors waited anxiously to see if the Federal Reserve could clarify the outlook for policy without sending markets into a fresh frenzy.
LONDON, June 19- The fate of Britain's two state-controlled banks will become clearer on Wednesday, when finance minister George Osborne is likely to start the clock ticking for the sale of the government's stakes.
LONDON, June 19- Britain should introduce laws making it possible to jail "reckless" bankers and claw back past bonus and pension awards, an influential panel of lawmakers said on Wednesday.
LONDON, June 18- Britain's top market regulations enforcer said on Tuesday her agency would pursue relentlessly individuals who break rules such as rigging Libor interest rates, and that fines were not punishment enough.
JAKARTA, June 18- Indonesia's planned hike in fuel prices will drive 2013 inflation to a five-year high and pressure the central bank to raise interest rates again even as the increased cost of living weighs on consumers in Southeast Asia's largest economy.
*MSCI Asia ex- Japan down 0.1 pct, Nikkei opens down 0.1 pct. Turbulence in global financial markets over the past month was triggered by Fed Chairman Ben Bernanke saying the Fed may decide on slowing its $85 billion monthly purchases of Treasuries and mortgage-backed securities in its next few meetings if the economy showed signs of improving.
No reason has been given yet for the departure of founder and executive chairman George Zimmer, reports CNBC's Courtney Reagan. Zimmer has long been the face of the company.
Wednesday, 19 Jun 2013 | 10:52 AM ETCNBC's Rick Santelli, explains why he hears 'crickets" when he asks questions about Fed Chairman Bernanke's policies. "Enough is enough," he rants.
Wednesday, 19 Jun 2013 | 11:36 AM ETAre reporters lobbing "softball" questions at the Fed chairman? CNBC's Rick Santelli and the Wall Street Journal's Jon Hilsenrath, debate whether the economy continues to need quantitative easing. I'm trying to inform the public about what the Fed is up to, says Hilsenrath.