NEW YORK, July 26- A deal to resolve a U.S. regulator's claims against Goldman Sachs Group Inc over mortgage-backed securities sold to Fannie Mae and Freddie Mac leading up to the financial crisis could cost the bank between $800 million and $1.25 billion, according to a person familiar with the matter.» Read More
NIGERIA'S SANUSI SAYS DOES N0T WANT HIS JOB BACK BUT TO ESTABLISH IN PRINCIPLE WHETHER PRESIDENT JONATHAN'S SUSPENSION OF HIM WAS LEGAL.
SYDNEY, Feb 21- The Group of 20 will commit to concrete measures to significantly raise global growth while recognising the need for monetary policy in advanced economies to normalise, Bloomberg News reported on Friday, citing a draft communique.
LONDON, Feb 21- Euro zone government bond yields fell across the board on Friday as doubts about the strength of the currency bloc's economic recovery bolstered expectations the European Central Bank will ease monetary policy further.
NIGERIA'S CENTRAL BANK GOVERNOR LAMIDO SANUSI SAYS HE WILL GO TO COURT TO CHALLENGE HIS SUSPENSION BY THE PRESIDENT- REUTERS PHONE INTERVIEW.
SINGAPORE, Feb 21- Global cocoa prices have rallied to 2-1/ 2- year highs on worries El Nino could return in 2014, while other agricultural commodity markets could also be hit by the spectre of the weather anomaly. El Nino means "boy" in Spanish and was first used by anchovy fishermen in Ecuador and Peru in the 19th century.
SINGAPORE, Feb 21- The El Nino weather pattern that can trigger drought in some parts of the world while causing flooding in others is increasingly likely to return this year, hitting production of key foods such as rice, wheat and sugar. A strong El Nino can wither crops in Australia, Southeast Asia, India and Africa when other parts of the globe such as the U.S.
*Ukraine's hryvnia firms on prospect of deal to end crisis. LONDON, Feb 21- Shares and the dollar rose on Friday, buoyed by upbeat U.S. factory activity data the previous day, while Ukraine's currency and bonds firmed on prospects of a deal to end a crisis that has killed 75 people in two days.
*Vodafone rises 2.8 pct, top gainer. LONDON, Feb 21- European shares climbed higher on Friday, with France's CAC 40 hitting a 5-1/ 2- year peak, as investors took their lead from stronger equities on Wall Street and in Asia following robust U.S. factory data. France's CAC was up 0.1 percent after hitting a level not seen since 2008..
*Dollar index climbs, trades above recent 7- week low. *Swedish crown falls to 2- month low vs euro after data. LONDON, Feb 21- The dollar rose against a basket of currencies on Friday, on track for its first weekly gain in three weeks, boosted by higher U.S. yields and data that underpinned hopes for sustained economic strengthening.
Feb 21- India's oil imports from Iran surged 44 percent in January from a year ago to about 412,000 barrels per day, data compiled by Reuters showed. The following table shows India's imports by country according to tanker discharge information. Volumes are in' 000 bpd.
NEW DELHI, Feb 21- India's oil imports from Iran more than doubled in January from a month earlier, with one state refiner returning from a three-month break as a buyer after sanctions on Tehran were eased due to the interim deal on its nuclear programme.
LAGOS, Feb 21- Nigeria's naira fell 1 percent to 166.35 against the U.S. dollar in volatile trading, a day after the President suspended outspoken Central Bank Governor Lamido Sanusi, dealers said on Friday. The naira opened at 164.90 to the greenback, traded for a short-period and rose to 167 before it shut down, dealers said.
*Gucci Q4 sales growth 0.2 pct vs 0.6 pct in Q3. Gucci's performance is likely to reinforce concerns among investors about the long-term growth prospects of mega-brands such as Gucci and Louis Vuitton as consumers increasingly favour newer, niche labels.
*Output data due at 2350 GMT Thurs; CPI at 2330 GMT Thurs. TOKYO, Feb 21- Growth in Japan's factory output likely accelerated in January and core inflation hovered near five-year highs, a Reuters poll showed, underscoring the ongoing economic recovery despite fears that momentum may soon start to fade.
TRADING IN NIGERIAN NAIRA RESUMES ON EXPECTATIONS CENTRAL BANK WILL INTERVENE, AFTER REGULATOR CALLS BANKS TO GIVE QUOTES- DEALERS.
KIEV, Feb 21- Ukraine has cancelled its planned issue of 5- year Eurobonds worth $2 billion, the Ukrainian finance ministry said on Friday in a statement to the Irish Stock Exchange.
NIGERIAN NAIRA HAS STOPPED TRADING AGAIN BECAUSE OF EXCESSIVE VOLATILITY- DEALERS.
PARIS, Feb 21- European shares rose in early trade on Friday, with France's CAC 40 hitting a 5 1/ 2 year high, mirroring a rally on Wall Street where robust U.S. factory activity data eclipsed recent soft economic figures. France's CAC 40 gained 0.3 percent to 4,368.50, breaking above strong resistance and hitting a level not seen since 2008..
HONG KONG, Feb 21- Hong Kong's Hang Seng Index rebounded on Friday, led by a 2.8 percent gain for Tencent Holdings and posting its second-straight weekly gain ahead of a slew of corporate earnings results next week. The China Enterprises Index of the top Chinese listings in Hong Kong shed 0.4 percent on the day to end flat for the week.
poised to widen trading band@. *C.bank began guiding midpoint sharply downward Tuesday. SHANGHAI, Feb 21- The yuan posted its biggest weekly drop since June 2012 on Friday, losing nearly 0.4 percent in five trading days as dealers said the central bank has abruptly signalled the market to prepare for more volatility in preparation for reform.