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  • "WE DO THINK INFLATION EXPECTATIONS MAY BE TOO SANGUINE"- BLACKROCK'S RUSS KOESTERICH.

  • BLACKROCK'S KOESTERICH SAYS HE PREFERS TREASURY INFLATION PROTECTED SECURITIES TO REGULAR U.S.

  • *Ukraine, Venezuela, Argentina 2015 top global performers. LONDON, Nov 30- Labelled the emerging market "toxic trio" until not so long ago, the high-yielding bonds of Ukraine, Argentina and Venezuela have come up smelling of roses for those who were brave enough to buy into them at the start of the year. Ukraine's debt restructuring, pro-business Maurico Macri's...

  • CHICAGO, Nov 30- Sales on Cyber Monday, the busiest day of the year for internet shopping, were up 14 percent from a year earlier, totalling $490 million between midnight and 10 a.m. ET, according to estimates by Adobe Digital Index.

  • Nov 30- Morgan Stanley plans to cut up to 25 percent of its fixed-income jobs, Bloomberg reported, citing people with familiar with the matter. The workforce reduction will be across all regions and is set to take place in the next two weeks, Bloomberg said, citing two of the people. Morgan Stanley declined to comment on the Bloomberg story.

  • WASHINGTON, Nov 30- The International Monetary Fund on Monday admitted China's yuan into its benchmark currency basket in a victory for Beijing's campaign for recognition as a global economic power. The IMF's executive board agreed to add the yuan, also known as the renminbi, to its Special Drawing Rights basket alongside the dollar, euro, pound sterling and yen,...

  • Nov 30- BATS Global Markets Inc is expected to file a prospectus for an initial public offering as early as December, the Wall Street Journal reported, in what would be the exchange operator's second attempt at going public. Morgan Stanley and Citigroup Inc have been tapped to lead a group of banks to work on the IPO, the newspaper reported, citing people familiar...

  • WASHINGTON, Nov 30- The International Monetary Fund on Monday admitted China's yuan into its benchmark currency basket in a win for Beijing's campaign for recognition as a global economic power. The IMF's executive board agreed to add the yuan, also known as the renminbi, to its Special Drawing Rights basket alongside the dollar, euro, pound sterling and yen, in a...

  • CONNECTICUT ATTORNEY GENERAL'S OFFICE SAYS PLANS TO INVESTIGATE BREACH AT TOYMAKER VTECH HOLDINGS LTD.

  • Nov 30- U.S. regulators are investigating whether Wells Fargo& Co has pushed employees too hard to meet sales targets while turning a blind eye to questionable behavior, The Wall Street Journal reported on Monday. Wells Fargo has a reputation for being better than peers like Bank of America Corp and JPMorgan Chase& Co at selling multiple products to its customers,...

  • SAN JUAN, Nov 30- Puerto Rico Governor Alejandro Garcia Padilla said he will decide on Monday afternoon or Tuesday morning whether to make a bond payment due Dec. 1, in what could be another default from the indebted island that skipped part of a bond payment in August. Moody's credit agency has predicted that Puerto Rico will default on at least a portion of its...

  • NEW YORK, Nov 30- Former New York City Mayor Michael Bloomberg will chair a group that will push to establish a clearing hub for China's renminbi currency in the United States, the group said on Monday. The group said enabling renminbi-denominated transactions to be cleared in the United States would improve U.S. companies' competitiveness.

  • As ministers from the Organization of the Petroleum Exporting Countries meet in Vienna, some may wonder if the strategy of maintaining output to defend market share risks securing a Pyrrhic victory. OPEC has put shale producers on the defensive and forced the cancellation of many ambitious oil projects with its strategy of going for volume over price.

  • *ECB meets on Dec. 3, Fed on Dec. 15-16. *Investors expect sharp divergence in policy. LONDON, Nov 30- The U.S. Federal Reserve and European Central Bank are expected to deliver sharply contrasting policy decisions next month, reflecting how the world's two largest economies have moved from the Great Recession to the Great Divide.

  • MILAN/NEW YORK, Nov 30- Electric carmaker Tesla Motors, lithium supplier Albemarle and solar-panel efficiency specialist SolarEdge Technologies are among winners from a growing focus on emissions as climate-change talks get under way, Goldman Sachs told clients. Goldman's pick of stocks exposed to the $600 billion low-carbon economy included...

  • *Standard Bank's London arm faces penalties of $32.2 mln. LONDON, Nov 30- A judge approved Britain's first deferred prosecution agreement, a new type of plea deal, on Monday in a case centered on $6 million in bribes paid to Tanzanian officials by the Tanzanian unit of South Africa's Standard Bank. Under the deal with the Serious Fraud Office, the London arm of...

  • *Nikkei chairman Tsuneo Kita says guarantees independence of FT. LONDON, Nov 30- Nikkei Inc. will use its $1.3 billion purchase of the Financial Times to build a digital media powerhouse by harnessing the English-language newspaper's brand and skill for getting subscribers to pay for premium business news, its chairman said. "We wish to expand our market," Kita...

  • LONDON, Nov 30- While Mario Draghi has regularly surprised financial markets, the European Central Bank president will struggle to pull off another coup this week, so high are investors' expectations for new policy measures to stimulate the euro zone economy. Markets are variously pricing in an interest rate cut, plus an increase in the size, scope and length of...

  • DETROIT, Nov 30- Foreign automakers with plants in the United States will be able to offer lower vehicle prices as Ford Motor Co faces continued higher labor costs under a new four-year contract with its U.S. union workers. The labor cost gap of $8 to $10 per hour will allow automakers such as Toyota Motor Corp, Honda Motor Co, Nissan Motors Co and Hyundai Motor Co to...

  • *Market hedges for possibility of odd surprise at OPEC meeting. NEW YORK, Nov 30- Crude futures rose more than 1 percent on Monday as speculators took bullish bets on the odd likelihood of a surprise outcome at this week's OPEC meeting and as refined oil products rallied. "We're seeing a bit of buying interest, with prices set to be pushed and prodded around by pre- OPEC...