SEOUL, Dec 21- Seoul prosecutors have launched an investigation into a leak of non-critical data at South Korea's nuclear power operator, the prosecutors' office said on Sunday, as worries mount about nuclear safety and potential cyberattacks from North Korea. Concern over potential cyberattacks from North Korea has got worldwide attention since the...» Read More
BRUSSELS/ FRANKFURT, July 2- European regulators have cleared Telefonica's bid to consolidate the German mobile market by buying smaller rival KPN's E-Plus for 8.6 billion euros, raising prospects of more deals to come across Europe's telecoms markets.
LONDON, July 2- Oil fell below $112 a barrel on Wednesday, heading for its lowest close in almost three weeks, on a possible substantial recovery in Libyan exports after rebels said they would reopen two oil terminals. The port seizures have crippled the OPEC producer's oil industry since last summer.
LONDON, July 2- U.S. baby product retailer Destination Maternity will continue its pursuit of Britain's Mothercare after revealing on Wednesday it had two bid proposals rejected.
NEW YORK, July 2- Major stock markets held near record highs on Wednesday on signs of an improving global economy and continued central bank support, while the dollar and bond yields rose on an upbeat report on U.S. employment.
YELLEN SAYS INCREASED RISK-TAKING IN CORPORATE BONDS, LEVERAGED LENDING COULD CAUSE FUTURE PROBLEMS, NEEDS MONITORING.
YELLEN SAYS UNITED STATES HAS MADE CONSIDERABLE PROGRESS IN MAKING BANKS MORE RESILIENT, BUT STILL NEEDS TO TIGHTEN USE OF SHORT-TERM FUNDING.
YELLEN SAYS CRISIS MIGHT HAVE BEEN AVOIDED WITH POLICIES THAT LIMITED LEVERAGE, SHORT-TERM FUNDING AND FORCED STRONGER UNDERWRITING.
YELLEN SAYS HIGHER INTEREST RATES IN THE EARLY 2000 S WOULD NOT HAVE PREVENTED THE CRISIS, OR ADDRESSED SYSTEMIC RISKS IN THE ECONOMY.
YELLEN SAYS MAY BE TIMES MONETARY POLICY SHOULD ADJUST TO ADDRESS FINANCIAL STABILITY RISKS, CLEAR COMMUNICATION NEEDED ON HOW RISKS IMPACT POLICY STANCE.
YELLEN SAYS EFFORTS TO MAKE FINANCIAL SYSTEM MORE RESILIENT CRITICAL TO OVERALL STABILITY.
YELLEN SAYS UNITED STATES FACES NO PRESSING FINANCIAL STABILITY CONCERNS AT PRESENT, LEAVING MONETARY POLICY FREE TO FOCUS ON INFLATION AND UNEMPLOYMENT.
FED'S YELLEN SAYS MONETARY POLICY NOT BEST TOOL TO PROMOTE FINANCIAL STABILITY, MACROPRUDENTIAL REGULATION NEEDS TO PLAY PRIMARY ROLE.
NEW YORK, July 2- U.S. stock indexes were little changed on Wednesday, with the Dow industrials hovering just below 17,000, after the U.S. private sector created many more jobs than expected last month.
July 2- Delta Air Lines Inc on Wednesday reported that unit revenue, an important measure, rose less than it had previously forecast for the month of June. In early May, a company executive had told a Bank of America Merrill Lynch conference that unit revenues for both May and June would likely rise in the 6 percent to 7 percent range.
LONDON, July 2- People at high risk of dying in West Africa's Ebola outbreak should be offered experimental medicines to see if they work, despite the drugs being not fully tested, the head of an influential global health charity said.
*Platinum hits 10- month highs above $1,500/ oz. LONDON, July 2- Platinum hit a 10- month high on Wednesday as its performance since the end of a strike in South Africa reassured investors that the short-term risk of a price retracement had died down, while gold steadied near the previous day's three-month high.
*Sterling strength makes London more expensive in dollars. LONDON, July 2- London house prices soared 26 percent over the past year in the biggest annual jump since 1987 as the economic recovery and record-low interest rates stoked a boom in one of the world's most expensive property markets.
CRUDE OIL FUTURES PARE LOSSES AS EIA DATA SHOWS HIGHER-THAN-EXPECTED DRAW ON CRUDE STOCKS.
NEW YORK, July 2- U.S. U.S. companies hired 281,000 workers in June, marking the biggest monthly increase since November 2012, the ADP National Employment Report showed. "It was obviously a decent number," said Sean Murphy, a Treasuries trader at Societe Generale in New York.