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  • Monthly FX volumes dip slightly in November - CLS Friday, 19 Dec 2014 | 5:12 AM ET

    LONDON, Dec 19- Average daily volumes in the global foreign exchange market dipped slightly in November but were still above the $5 trillion mark for the third month in a row, data from FX settlement system CLS showed on Friday. The value of all transactions through the CLS system, which is used almost universally by the banking industry to process or settle trades,...

  • -Lipper@ NEW YORK, Dec 18- Investors in U.S.-based funds pulled $831 million out of emerging market stock funds through the week ended Dec. 17, the third straight week of ouflows, data from Thomson Reuters' Lipper service showed on Thursday. In addition, the same collapse in oil prices that has pressured Russia has also affected other emerging markets.

  • Dec 18- Hedge fund Paulson& Co has taken a stake in specialty pharmaceuticals company Salix Pharmaceuticals Ltd as the company recovers from inventory issues and the departure of its chief financial officer, according to people familiar with the matter. The fund has recently taken a number of large positions in healthcare companies, including Shire PLC, where...

  • Accenture raises revenue outlook after strong 1Q Thursday, 18 Dec 2014 | 12:02 PM ET

    Accenture raised its revenue forecast for fiscal 2015 after contract wins helped it post better-than-expected first-quarter earnings and revenue.

  • Dec 18- Consulting and outsourcing company Accenture Plc raised its revenue forecast for fiscal 2015 after contract wins helped the company post better-than-expected first-quarter earnings and revenue. Accenture's shares rose 3.5 percent to $88.25 in premarket trading on Thursday. Accenture, which gets about 56 percent of its revenue from outside North...

  • The strong debt issuance outlook comes on top of a record year for the "dim sum" bond market which has seen 324 billion yuan in bond issuance so far this year, a 74 percent increase from 2013 volumes, according to Thomson Reuters data. "It's trade settlement that drives the dim sum bond market in the end," said Andrew Malcolm, capital markets partner at Linklaters in Hong...

  • Dec 17- PepsiCo Inc earnings could come under pressure in the fourth quarter due to currency fluctuations, investors said, as the company's biggest foreign markets- Russia, Mexico and Canada- have all taken hits to their currencies in recent months. While international expansion has helped PepsiCo diversify, it has exposed it to broader economic problems and...

  • Buy American? Not so for retail stock fund investors Wednesday, 17 Dec 2014 | 7:00 AM ET

    NEW YORK, Dec 17- A record run in U.S. stocks does not appear to have won over one large investor pool: Mom-and-pop retail investors. So far this year, mutual fund buyers have added about $1.6 billion in net new cash to domestic stock funds, according to data from Thomson Reuters unit Lipper. "That's almost a rounding error," said Tom Roseen, head of research services at...

  • Investors in beat-up oil bonds lean on banks for rescue Wednesday, 17 Dec 2014 | 1:00 AM ET

    BOSTON, Dec 17- Independent oil exploration and production companies are leaning heavily on bank credit lines to survive plunging crude prices, making it a nervous time for U.S. funds holding their junk-rated debt. 'said Francis Bradley III, a Greenberg Traurig attorney in Houston who specializes in energy company financing deals. " U.S. mutual funds hold an...

  • SINGAPORE, Dec 17- Business sentiment among Asia's top companies rose in the fourth quarter with builders switching to most optimistic from least just three months earlier due in part to increased new orders, while property developers also showed a rise in sentiment. The Thomson Reuters/ INSEAD Asian Business Sentiment Index rose to 72 in the fourth quarter, up...

  • NEW DELHI, Dec 17- Business sentiment among Asia's top companies rebounded in the fourth quarter to the second-highest level in almost three years, a Thomson Reuters/ INSEAD survey showed, helped by a stronger U.S. economy and a plunge in oil prices. The Thomson Reuters/ INSEAD Asian Business Sentiment Index increased to 72 in the fourth quarter from 66 in the...

  • NEW DELHI, Dec 17- Business sentiment among Asia's top companies rebounded in the fourth quarter to the second-highest level in almost three years, a Thomson Reuters/ INSEAD survey showed, helped by a stronger U.S. economy and a plunge in oil prices. The Thomson Reuters/ INSEAD Asian Business Sentiment Index increased to 72 in the fourth quarter from 66 in the...

  • THOMSON REUTERS/ INSEAD ASIA SENTIMENT SURVEY SHOWS FINANCIAL, SHIPPING SECTORS LEAST POSITIVE.

  • THOMSON REUTERS/ INSEAD ASIA SENTIMENT SURVEY SHOWS BUILDING, PROPERTY, RETAIL SECTORS MOST POSITIVE.

  • THOMSON REUTERS/ INSEAD ASIA SENTIMENT SURVEY SHOWS GLOBAL ECONOMIC UNCERTAINTY REMAINS BIGGEST RISK.

  • THOMSON REUTERS/ INSEAD ASIA SENTIMENT SURVEY SHOWS BUSINESSES IN CHINA, SINGAPORE LEAST OPTIMISTIC.

  • SINGAPORE, Dec 17- Asia's top companies reported a much more positive outlook in the fourth quarter of 2014 with optimism among Indian companies in particular buoyed by a change in government, the latest Thomson Reuters/INSEAD Asia Business Sentiment Survey showed. The Thomson Reuters/ INSEAD Asia Business Sentiment Index rose to 72 in the fourth quarter...

  • THOMSON REUTERS/ INSEAD ASIA SENTIMENT SURVEY SHOWS BUSINESSES IN INDIA, AUSTRALIA MOST OPTIMISTIC.

  • *Japanese lenders also planning to offer new services in India. MUMBAI, Dec 17- Faced with a shrinking economy and tepid loan demand at home, Japan's largest banks are looking to bolster their presence in India, enthused by Prime Minister Narendra Modi's reform agenda and improving ties between the two countries. Standard Chartered, the biggest foreign player in...

  • Russia rout hits European shares Tuesday, 16 Dec 2014 | 5:00 AM ET

    *Stocks with strong exposure to Russia tumble. Shares in Austrian lender Raiffeisen Bank International, which relies heavily on Russia for profits, slid 5.3 percent to a record low, after Russia's central bank raised its key interest rate to 17 percent from 10.5 percent in an emergency move that failed to immediately halt the collapse in the rouble.