NEW YORK, Dec 5- Investors in U.S.-based funds poured about $31 billion into money market funds in the week ended Dec. 4 amid uncertainty over the U.S. stock market's direction, data from Thomson Reuters' Lipper service showed on Thursday.» Read More
BOSTON, June 19- Harvard University said on Wednesday that it had hired Wall Street veteran Jake Xia as its chief risk officer to analyze and monitor investment exposure in its $30.7 billion endowment.
*Abe says door to dialogue with China open. LONDON, June 19- Japan's Prime Minister Shinzo Abe sought on Wednesday to repair some of the damage a row over disputed islands has done to its relationship with China, and said his country needed to prove his stimulus drive would not end in a debt crisis.
*Fed says risks to growth, jobs have lessened since fall. WASHINGTON, June 19- Federal Reserve Chairman Ben Bernanke said on Wednesday the U.S. central bank expects to slow the pace of its bond purchases later this year and bring them to a halt around mid-2014, comments that weighed on stocks and pushed bond yields to a 15- month high.
NEW YORK, June 19- Former NATO Supreme Allied Commander Wesley Clark has joined Blackstone Group LP as a senior adviser on energy investments.
*U.S. equities fall as Bernanke says QE could be reduced this year. NEW YORK, June 19- Bond prices and equities fell while the dollar rose on Wednesday after Ben Bernanke laid out a blueprint for how the Federal Reserve could wind down its bond purchase program.
NEW YORK, June 19- The U.S. dollar reversed early losses and rose against the euro and yen on Wednesday after the Federal Reserve's Federal Open Market Committee said it sees diminished downside risks to the outlook for the economy and the labor market.
*Local wheat price shoots to all-time high $363 per tonne. The local price of warehoused wheat has shot to $363 per tonne from $219 at the start of the year. Demand is strong for wheat from the South American grains powerhouse after poor harvests last year in Russia, the United States and Australia.
*Adobe, FedEx shares rise after results. NEW YORK, June 19- U.S. stocks fell 1 percent in a volatile session on Wednesday, with losses accelerating after Federal Reserve Chairman Ben Bernanke said a reduction in the rate of stimulus could occur this year if the economy continues to improve.
NEW YORK, June 19- U.S. stocks fell in a volatile session on Wednesday, with losses accelerating after Federal Reserve Chairman Ben Bernanke said a reduction in the rate of stimulus could occur this year if the economy continued to improve.
OSLO, June 19- Norway's parliament voted on Wednesday to open an offshore Arctic zone bordering Russia to oil and gas exploration, paving the way for the area to be included in the next licensing round.
LONDON, June 19- Japan must convince the world of its debt sustainability, and it is ready to restart dialogue with China following recent tensions over a group of disputed East China Sea islands, Japanese Prime Minister Shinzo Abe said on Wednesday.
WASHINGTON, June 19- The Federal Reserve on Wednesday said risks to the outlook for the U.S. economy and job market had eased since last fall, but it said it would keep buying $85 billion in bonds per month given the still-high level of unemployment.
June 19- Fab has raised $150 million from several investors, including Tencent Holdings, that values the online retailer at $1 billion.
BURLINGTON, Ontario, June 19- The Bank of Canada cannot rely on its usual models to assess the economy because of unexpectedly high levels of uncertainty, with the biggest risks coming from abroad, the new central bank chief, Stephen Poloz, said on Wednesday.
NEW YORK, June 19- Equities and bond prices pulled lower on Wednesday after the Federal Reserve said it would maintain the pace of its bond buying and gave no explicit indication it was close to slowing the stimulus program.
*Adobe, FedEx shares rise after results. NEW YORK, June 19- U.S. stocks fell on Wednesday, with the losses accelerating even after the Federal Reserve said it would hold steady with its monetary policy.
NEW YORK, June 19- U.S. stocks hit session lows on Wednesday shortly after the Federal Reserve said it would keep buying $85 billion in bonds per month and gave no explicit indication that it was close to scaling back the stimulus program.
SAO PAULO, June 19- American Trading Systems Brasil, the company seeking permission to open a financial exchange in Brazil, said talks with global and local banking and asset management firms are at "an advanced stage."
BERLIN- President Barack Obama defended U.S. anti-terrorism tactics on a visit to Berlin on Wednesday, telling wary Germans Washington was not spying on the emails of ordinary citizens and promising to step up efforts to close the Guantanamo Bay prison.
*Corn and soybeans firm, led by new-crop contracts. Corn and soybeans also advanced, led by new-crop contracts as forecasts for hit and dry weather later this month raised concerns about potential crop stress.