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  • *Athens' ATG index down 3 pct as debt worries weigh. Traders cited concerns that the International Monetary Fund may cut a funding lifeline to Greece unless its European partners accept more debt writedowns as weighing on the Greek market, with Greek bond yields also rising. Nevertheless, many traders still said new economic stimulus measures from the European...

  • LONDON, May 5- Greek bond yields rose on Tuesday on reports that the International Monetary Fund may cut a funding lifeline to Greece unless its European partners accept more debt writedowns. The warning, reported in the Financial Times to have been made by the IMF's European head, Poul Thomsen, to euro zone finance ministers at their meeting in Riga last month,...

  • DUBAI, May 5- Iraq has requested financial assistance from the International Monetary Fund and agreement may be reached within weeks on a loan of about $800 million, a senior IMF official said. Aid from the IMF could ease the pressure and by increasing investor confidence, help Iraq raise money from other sources. An RFI is a facility created by the IMF to provide...

  • *U.S. weekly oil rig count decline slows- Baker Hughes. SINGAPORE, May 4- Brent crude dipped towards $66 a barrel on Monday as weak Chinese data added to demand fears, while near-record supplies from OPEC producers maintained worries about oversupply. What the market really wants to see is supply being cut to match the demand level, "said Ric Spooner, chief market...

  • *Iraq oil exports hit record 3.08 mln bpd in April. SINGAPORE, May 4- Brent crude dipped towards $66 a barrel on Monday as weak Chinese data stoked demand fears, while near-record supplies from OPEC producers reinforced worries about oversupply. Oil supplies from the Organization of the Petroleum Exporting Countries, which produces about 40 percent of oil...

  • May 3- The International Monetary Fund is close to declaring China's yuan fairly valued for the first time in more than a decade, the Wall Street Journal reported on Sunday. The IMF's reassessment of the yuan is set to be made official in its reports on China's economy due in the coming months, the Wall Street Journal reported. "On the exchange rate, last year, 2014, our...

  • May 3- The International Monetary Fund is close to declaring China's yuan fairly valued for first time in more than a decade, the Wall Street Journal reported on Sunday.

  • Japan to increase investment in Asian infrastructure Sunday, 3 May 2015 | 11:20 AM ET

    TOKYO, May 3- Japanese Finance Minister Taro Aso said on Sunday his country's government will increase investment in Asian infrastructure at a meeting of the Asian Development Bank, according to Kyodo News. Aso said he wants to set up a new framework for financial cooperation between the ADB and the Japan International Cooperation Agency, Kyodo reported.

  • ASHGABAT, May 2- The European Union, keen to lessen its dependence on Russia for energy supplies, expects to start receiving natural gas from Turkmenistan by 2019, European Commission Vice President Maros Sefcovic said in an interview. For Turkmenistan it is very important to diversify its export options, while for the EU it is very important to diversify its...

  • MOSCOW, May 2- Russian oil and gas condensate production, among the world's largest, remained at a post-Soviet record level of 10.71 million barrels per day in April, underpinned by a recent recovery in oil prices, Energy Ministry data showed on Saturday. So far Russia, which is not an OPEC member, has failed to persuade OPEC to cut oil output in order to prop up prices.

  • BAKU, May 2- The Asian Development Bank said on Saturday that it was ready to work with the China-led Asian Infrastructure Investment Bank so long as standards were met, while also announcing changes to boost its own lending capacity by billions of dollars. China has said 57 countries have signed up to become founding members of the AIIB, but so far the United...

  • BAKU, May 2- The Asian Development Bank will ensure that safeguards are upheld in future cooperation with the China-led Asian Infrastructure Investment Bank, ADB President Takehiko Nakao told a media conference on Saturday. "ADB is happy to cooperate, including co-financing, with the AIIB," Nakao said at the start of the multilateral lender's annual meeting of...

  • *Greece could miss upcoming IMF, ECB payments without aid. LONDON, May 1- Most top credit rating agencies say they would not cut Greece's rating to default if it misses a payment to the International Monetary Fund or European Central Bank, a stance that could keep vital ECB funding flowing into the financial system. Greece owes nearly 1 billion euros to the IMF in May...

  • NEW YORK, May 1- U.S. oil producers are rushing to take advantage of the rebound in oil markets by locking in prices for next year and beyond, safeguarding future supplies and possibly paving the way for a rebound in production. The flurry of hedging activity in the past month will help sustain producers' revenues even if oil markets tumble again, which is bad news for...

  • BRUSSELS, April 30- The European Commission on Thursday called for a tougher U.N. The European Union has already introduced its own law to curb climate-harming hydrofluorocarbons, also called "F-gases", used in fridges and air conditioners. The European Union is seeking to lead the push for more ambitious action on curbing greenhouse gases ahead of a conference...

  • *Brent to average $60, WTI $54.40 in 2015- Reuters poll. *OPEC production hits 2- yr highs in April- Reuters survey. In Thursday's session, Brent was up 60 cents at $66.44 a barrel by 11:12 a.m. EDT.

  • UPDATE 1-IMF says next Greek payment to Fund due May 6 Thursday, 30 Apr 2015 | 10:51 AM ET

    WASHINGTON, April 30- Greece's next payment to the International Monetary Fund, totaling some 200 million euros in interest payments, is due May 6 because of the May Day holiday in Greece, an IMF spokesman said on Thursday. He said the Fund did not have a "detailed" assessment of Greece's liquidity situation and hopes to get more information in the course of talks...

  • EU carbon talks next week could clinch reform deal Thursday, 30 Apr 2015 | 10:01 AM ET

    BRUSSELS, April 30- European Union talks next week could clinch a deal to shake up the world's biggest carbon market after a change of position by the Czech Republic removed a major obstacle to an early start for reforms. Months of stalemate over a start date for the reforms ended on Wednesday, when the Czech Republic broke ranks with a group of countries led by...

  • LONDON, April 30- OPEC oil supply in April has jumped to its highest in more than two years, boosted by record or near-record supplies from Iraq and Saudi Arabia, a Reuters survey showed, as key members stand firm in their focus on market share. The increase from the Organization of the Petroleum Exporting Countries puts output further above forecasts of demand for...

  • WASHINGTON, April 29- The United States will press China at upcoming bilateral talks to spell out how it will make a new Asian development bank live up to international governance standards, a senior Treasury official said on Wednesday. While Sheets said the United States welcomed the recent creation of the Beijing-led Asian Infrastructure Investment Bank,...