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  • Dollar rises to 1-week high vs yen after China data Tuesday, 20 Jan 2015 | 5:32 AM ET

    The dollar hit a one-week high against the yen after China growth data was not as bad as many had feared, curbing demand for the safe-haven Japanese currency.

  • UPDATE 4-Oil prices dip on weak China GDP data Tuesday, 20 Jan 2015 | 3:23 AM ET

    SINGAPORE, Jan 20- Oil markets dipped on Tuesday as China's economic growth for 2014 undershot a government target and hit its weakest annual expansion in 24 years, adding to worries in energy markets already suffering from slowing demand and oversupply. The world's second-largest economy grew 7.4 percent last year, China's National Bureau of Statistics...

  • TOKYO, Jan 20- Shortcovering helped lift the dollar to a one-week high against the yen on Tuesday after China growth data was not as bad as many feared, while the euro remained under pressure ahead of possible easing steps by the European Central Bank as early as this week. "It's pretty clear, given the monthly activity data and broad trends elsewhere, that China...

  • HONG KONG, Jan 20- Chinese property companies are having to turn to more expensive sources of finance as problems at developer Kaisa Group make it increasingly difficult for them to get credit in the offshore market. Kaisa's failure this month to make an interest payment on a dollar bond has left investors worried about whether other developers can service...

  • UPDATE 1-Oil markets dip on weak China GDP data Monday, 19 Jan 2015 | 10:22 PM ET

    SINGAPORE, Jan 20- Oil markets dipped on Tuesday as China's economic growth for 2014 undershot a government target and hit its weakest annual expansion in 24 years, adding to worries in energy markets already suffering from slowing demand and oversupply. The world's second-largest economy grew 7.4 percent last year, China's National Bureau of Statistics...

  • Oil markets open cautiously ahead of China GDP data Monday, 19 Jan 2015 | 8:35 PM ET

    SINGAPORE, Jan 20- Oil markets opened to cautious trading in Asia on Tuesday ahead of data expected to show China's economy grew at the slowest pace in 24 years in 2014, stoking worries in energy markets already suffering from slowing demand and oversupply. Brent crude futures were trading at $48.90 per barrel at 0115 GMT, close to their last settlement, while U.S....

  • *China 4th quarter GDP report awaited. TOKYO, Jan 20- The euro faced pressure on Tuesday as investors positioned for possible easing steps by the European Central Bank as early as this week, while the dollar edged up on the yen after a U.S. holiday. "We expect the ECB to announce the expansion of its asset purchase program to include European government bonds at its 22...

  • Bank of Japan: To bazooka or not Monday, 19 Jan 2015 | 5:46 PM ET

    Cheaper oil prices may slow inflation, and force the Bank of Japan to miss their 2 percent target, but opinions are divided over their next step.

  • Chinese developers keep chin up even as prices cool Sunday, 18 Jan 2015 | 10:35 PM ET

    Despite falling prices and mounting inventories, Chinese developers are upbeat on business prospects for the coming months, according to a new survey.

  • BOJ puts Japan bond yields on road to nowhere Sunday, 18 Jan 2015 | 10:28 PM ET

    BOJ's asset purchase program has put Japan's government bond yields on a relentless slide, dividing opinions on a trend reversal or further slides.

  • Some major banks also lost out when the Swiss National Bank scrapped its three-year-old cap on the franc against the euro without warning on Thursday, including Britain's Barclays which lost "tens of millions" of dollars, an industry source said. Retail broker Alpari UK filed for insolvency on Friday, while New York- listed FXCM Inc, one of the biggest platforms...

  • *Average actively managed fund down 14.5 pct in 2014. LONDON, Jan 18- After one of the worst years in memory for commodity funds, even the few managers who found a way to make money last year say they expect a difficult start to 2015.. "It's the worst place to be, but a long/short fund still has a lot of opportunities," said Christian Gerlach, portfolio manager at Swiss&...

  • Sorry bankers, no swimming pool this year Saturday, 17 Jan 2015 | 5:50 AM ET

    London and Wall Street bankers look set to get slightly lower bonuses for 2014, based on pay details released this week by big U.S. banks.

  • WASHINGTON— The U.S. dollar has been rolling. Since June 30, its value has jumped 16 percent against a collection of world currencies. Treasurys, which pay a higher yield than government bonds in Japan and most big European countries do.

  • LONDON/ HONG KONG, Jan 16- The Swiss franc shock reverberated through currency trading firms on Friday, dealing the heaviest blows to those catering for small-scale retail clients and forcing regulators to take a closer look at the sector. Some major banks also lost out when the Swiss National Bank lifted its cap on the franc without warning on Thursday,...

  • Jan 16- Schlumberger Ltd, the world's No.1 oilfield services provider, said the oil price drop was likely to have a "significantly more dramatic" impact on North America than on the rest of the world. Shares of Schlumberger, which derives two-thirds of its revenue from operations outside North America, rose as much as 5 percent to $80.79 on Friday.

  • LONDON, Jan 16- London and Wall Street bankers look set to get slightly lower bonuses for 2014 than the year before, based on pay details released this week by big U.S. banks and expectations in the industry. Goldman Sachs said on Friday its staff were paid $12.69 billion in compensation and benefits for 2014, up 0.6 percent on 2013. That equated to an average of...

  • Jan 16- Goldman Sachs Group Inc reported a 7 percent drop in quarterly profit as investment banking revenue slid and an unexpected bout of market volatility in December hit revenue in its business that trades bonds, currencies and commodities. Goldman's net income fell to $2.17 billion, or $4.38 per share, in the fourth quarter from $2.33 billion, or 4.60 per...

  • More banks targeted for mortgage securities fraud Friday, 16 Jan 2015 | 6:24 AM ET
    New York State Attorney General Eric T. Schneiderman speaks at a press conference, March 3, 2014, in New York.

    NY's top law enforcement official plans to help bring more fraud cases against the world's biggest banks for selling shoddy mortgage-backed securities before the financial crisis.

  • HOUSTON/ LONDON, Jan 16- BP Plc will face a maximum fine of $13.7 billion under the Clean Water Act for its Gulf of Mexico oil spill, several billion dollars less than feared, after a judge ruled that it was smaller than the U.S. government claimed. BP's stock rose 2.4 percent in London by 0920 GMT on Friday, outperforming the broader energy index, as investors worried...