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TOKYO, June 21- Japanese government bond prices skidded on Friday, pushing the benchmark yield to a one and a half-week high in line with slumping Treasuries after this week's hints from Federal Reserve Chairman Ben Bernanke that the U.S. central bank could taper its stimulus.
TOKYO, June 21- Japan's Nikkei average rose 1.7 percent on Friday, erasing early losses as the weakening yen and rising U.S. futures offset worries about the Federal Reserve's plan to start weaning off the U.S. economy's dependence on cheap money. Investors hope that Wall Street will rise later in the day as it dropped sharply over the past two days.
LONDON, June 21- European shares rose on Friday, steadying after the previous session's hefty falls on the prospect of diminished stimulus from the U.S.
HONG KONG, June 21- China shares suffered their third-straight weekly loss, but bounced off session lows on Friday, led by a recovery in some Chinese financial stocks after funding costs dropped, easing fears of a broader banking crisis on the mainland.
ATHENS, June 21- The Democratic Left party may pull out of Greece's ruling coalition on Friday after talks to resume state television broadcasts collapsed, plunging the nation into fresh turmoil.
The European Union will seek on Friday to forge rules to force losses on large savers when banks fail, a sensitive reform that could shape how the euro zone deals with its sickly banks.
*Banks in Greece, Portugal, Germany hit. BRUSSELS/ FRANKFURT, June 21- Euro zone banks are refusing to lend to peers in other countries in the common currency bloc, signalling a worrying fall in confidence that appears to have worsened since the Cyprus bailout earlier this year, data analysed by Reuters showed.
HONG KONG, June 21- China's CSI300 share index reversed losses to climb higher in afternoon trade on Friday, led by strength in the financial sector after funding costs dropped, easing some fears of a broader banking crisis on the mainland.
*Eyes on Asian FX, shares after falls on Wall St, Europe. TOKYO, June 21- The U.S. dollar stepped back from a two-week high against a basket of developed world currencies but is seen on solid footing on expectations of an eventual end to super-easy U.S. monetary policy.
LONDON, June 21- European stock index futures pointed to a mixed open on Friday, with investors looking for value in some beaten-down stocks a day after the market's biggest one-day drop in 19 months on the U.S. Federal Reserve's plan to trim stimulus.
*U.S. energy companies Hess Corp and Newfield Exploration Co have launched two separate auctions to sell part of their Asian oil and gas field stakes that have a combined value of about $3 billion, people familiar with the matter said.
TOKYO, June 21- Japan's Nikkei average rose 1.7 percent on Friday, erasing early losses as the weakening yen and rising U.S. futures offset worries about the Federal Reserve's plan to start scaling back its stimulus programme later this year. The Nikkei rose 215.55 points to 13,230.13 after falling as low as 12,702.67 earlier on Fed stimulus worries.
*Investors buy in after steep drop; Fed policy plan, China data drag. *Iraq and Lebanon alarmed at spreading Syria war. Brent crude slipped to as low as $101.88 a barrel before recovering to trade up 44 cents at $102.59 by 0512 GMT.
*China's tolerance for yuan appreciation near limit- traders. SHANGHAI, June 21- China's yuan fell slightly against the dollar on Friday, continuing a generally weakening trend that traders said appears to show that a round of appreciation which covered much of April and May is over.
TOKYO, June 21- Japan's Nikkei average erased early losses on Friday as the weakening yen and rising U.S. futures offset worries about the Federal Reserve's plan to start scaling back its cheap stimulus funds later this year. Investors hope that Wall Street will rise later in the day as it dropped sharply over the past two days.
*Hong Kong indexes on track for worst week in a year. *China banks pare losses, cash crunch fears ease as money rates dip.
WASHINGTON/ SAN FRANCISCO, June 21- Twelve of the 14 judges who have served this year on the most secret court in America are Republicans and half are former prosecutors. Another helped direct the White House war on drugs.
June 21- Since the financial crash, banks have been accused of wrongfully foreclosing on homeowners because they failed to create and maintain proper mortgage paperwork. Now, there are signs that chaotic document management is harming investors in mortgage bonds, too.
SINGAPORE, June 21- Gold recovered from a three-year trough on Friday as lower prices attracted Chinese buyers and as Asian stocks fell, but the metal was still headed for its worst week in nearly two years after the Federal Reserve said it would curb stimulus.
*Eyes on Asian FX, shares after falls on Wall St, Europe. TOKYO, June 21- The U.S. dollar stepped back from a two-week high against a basket of developed world currencies and is seen on solid footing against especially emerging currencies on expectations of an eventual end to super-easy U.S. monetary policy.