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  • *Treasury yields rise on anticipation of new Japan stimulus. NEW YORK, July 12- The benchmark U.S. The benchmark S&P 500 ended at 2,152.14, topping Monday's record close of 2,137.16, while the Dow closed at 18,347.67 to top its previous record high touched in May 2015.

  • *Treasury yields rise on anticipation of new Japan stimulus. NEW YORK, July 12- The U.S. The benchmark S&P 500 hit 2,151.96, topping Monday's intraday record high by about 8 points, while the Dow rose to 18,353.76 to top its previous record intraday high touched in May 2015.

  • NEW DELHI/ MUMBAI, July 12- As Indian Prime Minister Narendra Modi prepares to pick a new central bank governor, he will need to juggle competing demands from within his own party, the economy's need for more stimulus and investors' demands for an independent thinker. Global and Indian investors are on edge as local media report that Modi could select the new...

  • TUESDAY, JULY 12 JOHANNESBURG- South African Finance Minister Pravin Gordhan speaks at a South African Chamber of Commerce and Industry meeting- 0730 GMT. PRAGUE- Czech National Bank to publish the minutes of its June board meeting- 0700 GMT. BUDAPEST- Hungarian Central Bank non-rate-setting meeting.

  • New York Times correspondent Sydney Schanberg (L) talking with colleague Dith Pran in The Times office in New York on January 15, 1980.

    Sydney H. Schanberg, a reporter who won a Pulitzer for covering Cambodia’s 1970s genocide, inspiring the film “The Killing Fields," died at age 82.

  • While the result was little changed from the previous survey on June 15, the question on Wall Street now was not whether the Fed could manage one or two rate hikes, but whether it could pull off even one. For those who thought the Fed would not raise rates this year, the key factor was overseas risk that could hurt the U.S. economy, namely fallout from Britain's June 23...

  • NEW YORK, July 8- Wall Street's top banks were almost evenly split over whether the Federal Reserve would raise U.S. interest rates in 2016, with a poll following Friday's strong jobs data showing a razor-thin majority expect the central bank to raise rates once by the end of the year. For those who thought the Fed would not raise rates this year, the key factor was...

  • NEW YORK, July 8- Wall Street's top banks were almost evenly split over whether the Federal Reserve would raise U.S. interest rates in 2016, with a poll following Friday's strong jobs data showing a razor-thin majority expect the central bank to raise rates once by the end of the year. For those who thought the Fed would not raise rates this year, the key factor was...

  • LONDON, July 8- Britain said it would start preliminary talks with India on Friday about an eventual bilateral trade deal after last month's referendum vote to leave the European Union, which has forced London to rethink its trade ties with the rest of the world. British Business Secretary Sajid Javid also said Britain would have as many as 300 trade specialists...

  • LONDON, July 7- Four former Barclays bankers were sentenced to between 33 months and six-and-a-half years in jail by a London judge on Thursday for conspiring to rig global benchmark interest rates. Calcutta- born Jay Merchant, 45, the most senior of the men to face a jury in the case, was sentenced to six-and-a-half years in the latest London Libor trial.

  • LONDON, July 7- Four former Barclays bankers were sentenced to between 33 months and six-and-a-half years in jail by a London judge on Thursday for conspiring to fraudulently rig global benchmark interest rates. Calcutta- born Jay Merchant, 45, the most senior of the men to face a jury the case, was sentenced to six-and-a-half years. Merchant's junior, 38-...

  • 'Wiping out' oil headwinds

    Helima Croft, RBC Capital Markets, discusses the demand and production picture for oil.

  • Leaders including Guinea-Bissau's President José Mário Vaz (2L) Guinea's President Alpha Condé (C) look on during the India-Africa Forum Summit in New Delhi on October 29, 2015.

    India's Modi kicked off an African tour on Thursday, in yet another charm offensive to promote his country as well to as offset Chinese influence.

  • Modi Africa Tour

    India's Modi will focus on trade, investments and geopolitics during his four-nation Africa visit, says University of Maryland's Anil Gupta.

  • LONDON, July 6- The British government's offer of financial aid to Tata Steel UK and to potential buyers of its assets here is still on the table, business minister Anna Soubry said on Wednesday, despite Britain's shock vote last month to leave the European Union. It also pledged to take a 25 percent equity stake in Tata Steel UK and reform the British Steel Pension...

  • LONDON, July 6- The British government's offer of financial aid to potential buyers of Tata Steel's UK assets is still on the table, business minister Anna Soubry said on Wednesday, despite Britain's shock vote last month to leave the European Union. It also pledged to take up to a 25 percent equity stake in Tata Steel UK and reform the British Steel Pension Scheme.

  • Sam Altman, President of Y Combinator, arrives at the Hotel Taschenbergpalais Kempinski Dresden for the 2016 Bilderberg Group conference on June 9, 2016 in Dresden, Germany.

    Sam Altman has pivoted his nonprofit, YC Research, toward civic engagement and curing societal ills. BuzzFeed News reports.

  • India Markets

    It's part of Narendra Modi's strategy to bring in more qualified people to help him achieve fiscal targets, says Tat Capital's Ram Gorlamandala.

  • NEW DELHI, July 5- Shipping Corporation of India will resume sailing to Iran this month after a four-year gap, transporting an oil cargo for a state-run refiner, the chairman of India's biggest shipping company said on Tuesday. SCI stopped sailing to Iran in 2012 when sanctions targeting Iran's nuclear program prevented the company obtaining insurance cover...

  • *Uniqlo had already restricted travel to Bangladesh in October. Fast Retailing Co, the Japanese owner of the Uniqlo casual-wear brand, said it would suspend all but critical travel to Bangladesh and had told staff there to stay indoors. One of the world's poorest countries, Bangladesh relies on garments for around 80 percent of its exports and for about 4 million...