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  • SAO PAULO, May 20- Brazilian equities rose on Friday after the nomination of a well-known executive as head of Petrobras allayed fears of political meddling at the embattled state-controlled oil company. Brazil's interim president, Michel Temer, announced on Thursday he will name Pedro Parente as chief executive officer of Petróleo Brasileiro SA, as the...

  • May 20- Wall Street opened higher on Friday, boosted by technology and financial stocks. New York Fed President William Dudley said on Thursday the U.S. economy was strong enough to warrant a rate hike in June or July. "We got rattled earlier this week by shifting Fed perception," said Scott Brown, Chief Economist at Raymond James in St. Petersburg, Florida.

  • May 20- U.S. stocks opened higher on Friday as investors digested the possibility of a June rate hike, a day after the S&P 500 fell to its lowest in two months.

  • May 20- Wall Street was set to open higher on Friday as investors digested the possibility of a June rate hike, a day after the S&P 500 fell to its lowest in two months. New York Fed President William Dudley said on Thursday the U.S. economy was strong enough to warrant a rate hike in June or July. "We got rattled earlier this week by shifting Fed perception," said Scott...

  • *Oil was marginally up on Friday and hovered near a six-month high, helped by supply disruptions in Canada and Nigeria. *New York Fed President William Dudley said on Thursday the U.S. economy was strong enough to warrant a rate hike in June or July. *Tesla rose 1.4 percent to $218.23 in premarket trading on Friday after the company priced its secondary offering of...

  • G7 finance ministers meeting begins in Sendai, Japan. LONDON, May 20- The dollar cruised to its third straight week of gains on Friday as stock and commodity markets showed signs that they might be able to manage another U.S. interest rate hike in the coming months. The dollar, a dominant force in markets this week, was keeping close to two-month highs after it had...

  • *FTSE 100 up 1.5 pct. LONDON, May 20- UK shares rose on Friday, set for their biggest daily gain in more than a month after a rise in bottling company Coca-Cola HBC and a rally in mining stocks. Miners were the top sectoral gainers, with the FTSE 350 Mining index rising 2.8 percent as metals prices firmed, with copper supported by signs of more demand in China as local...

  • *FTSE 100 up 1.5 pct. LONDON, May 20- UK shares rose on Friday, set for their biggest daily gain in more than a month after a rise in bottling company Coca-Cola HBC and a rally in mining stocks. Miners were the top sectoral gainers, with the FTSE 350 Mining index rising 2.8 percent as metals prices firmed, with copper supported by signs of more demand in China as local...

  • SHANGHAI, May 20- China stocks ended a tepid week higher on Friday, but the Shanghai Composite Index posted its fifth week of losses hurt by fading optimism over the country's growth prospects and concerns about rising U.S. interest rates. China's blue-chip CSI300 index rose 0.5 percent, to 3,078.22, climbing 0.1 percent for the week. Beijing is pushing for...

  • TOKYO, May 20- Tokyo stocks rose on Friday as the dollar held its recent gains on the yen, tempering some of the recent worries over the Japanese currency's strength and the negative impact on exporters. Volume and turnover were thin as many investors waited on the sidelines while Group of Seven finance ministers began a two-day meeting that many hope will...

  • *Shanghai trading volumes hovering around 3- month lows. SHANGHAI, May 20- China stocks edged up on Friday morning, but the main indexes are poised for a fifth week of losses on fading optimism over the country's growth prospects and concerns about rising U.S. interest rates. Beijing is pushing for painful structural reforms by stepping up restructuring and...

  • TOKYO, May 20- Japan's Nikkei was mostly flat on Friday morning as investors stayed on the sidelines ahead of Group of Seven meetings, and prospects for a U.S. interest rate hike as early as June curbed buyers' appetite. Analysts said that investors are closely focused on a meeting of Group of Seven finance leaders in Japan starting on Friday, which is likely to take...

  • TAIPEI, May 20- Taiwan stocks fell on Friday, with trading expected to be volatile as investors waited to hear new President Tsai Ing- wen's speech for indications on how she would deal with China. Tsai was inaugurated as Taiwan's first woman president, with the export-driven economy on the ropes and wary Communist Party rulers in China watching for any move...

  • TORONTO, May 19- Canada's main stock index pared losses after hitting a one-week low earlier on Thursday as the materials group rose more than two percent, offsetting declines in the financial and industrial stocks. Royal Bank of Canada fell 0.8 percent to C $77.57 and Manulife Financial Corp declined 1.6 percent to C $18.40, while Canadian National Railway Co...

  • May 19- The S&P 500 fell on Thursday to its lowest since March as Wall Street became more worried that the Federal Reserve might raise U.S. interest rates as early as June. In a new blow to Wall Street's confidence, New York Fed President William Dudley said the U.S. economy could be strong enough to warrant a rate increase in June. "If they raise rates in June we're going...

  • NEW YORK, May 19- The S&P 500 fell to its lowest level since March on Thursday as Wall Street became more worried that the U.S. Federal Reserve might raise interest rates as early as June. The Dow Jones industrial average fell 91.42 points, or 0.52 percent, to 17,435.2, the S&P 500 lost 7.61 points, or 0.37 percent, to 2,040.02 and the Nasdaq Composite dropped 26.59...

  • *Fed minutes help revive prospects of a near-term rate hike. NEW YORK, May 19- Stocks around the world sold off on Thursday, while the U.S. dollar gained, pressuring oil and other commodities, as investors absorbed the possibility that the U.S. Speaking on Thursday, New York Fed President William Dudley said the U.S. economy could be strong enough to warrant an...

  • May 19- The S&P 500 and Dow touched two-month lows on Thursday, a day after hawkish comments from the Federal Reserve suggested interest rates could be hiked as early as June. New York Fed President William Dudley said on Thursday that June is definitely a "live" meeting and that a rate hike in June or July is a reasonable expectation. Prices for contracts on the Fed...

  • *FTSEurofirst index falls 1.2 pct. MILAN/ LONDON, May 19- European shares fell on Thursday as weaker oil and metals prices put pressure on commodities stocks and concern mounted that U.S. interest rates would be raised soon. "This more-than-expected hawkish tone from the minutes is sending European shares lower," Market Securities' chief European strategist,...

  • NEW YORK, May 19- Stocks around the world sold off on Thursday, while the U.S. dollar gained, pressuring oil prices, as increased expectations that the Federal Reserve could raise interest rates in the near term rippled through financial markets. Speaking on Thursday, New York Fed President William Dudley said the Fed is on track for a U.S. rate hike in June or July.