NEW YORK, Oct 10- Last week, New York Attorney General Eric Schneiderman, who is the co-chairman of the Residential Mortgage-Backed Securities Working Group- which President Obama formed earlier this year to investigate who was responsible for the misconduct that led to the financial crisis- filed a complaint against JPMorgan Chase.
WELLINGTON, Oct 11- Following are some of the lead stories from New Zealand metropolitan newspapers on Thursday. Investors snap up shares in steel firm: More of Wellington steel distributor Steel& Tube is back in New Zealand hands after Australian cornerstone shareholder Arrium sold its 50.3 percent stake to pay down some of its significant debt.
WELLINGTON, New Zealand-- Australia granted Mike Tyson a visa Wednesday, one week after New Zealand barred the former heavyweight boxing champion from entering that country due to his 1992 rape conviction.
*Newcrest Mining slips 1.3 percent as bullion weakens. MELBOURNE, Oct 10- Australian shares pulled back from 14- month highs on Wednesday as lower growth forecasts for China and other regional economies by the International Monetary Fund wiped off gains made by miners on higher iron ore prices.
By Gyles Beckford and Cecile Lefort. WELLINGTON/ SYDNEY, Oct 10- The Australian and New Zealand dollars bounced on the euro on Wednesday and held off lows against the U.S. dollar, with a whopping sale of Australian long-dated bonds helping attract demand.
MELBOURNE, Oct 10- Australian shares slipped 0.3 percent on Wednesday, pulling back from 14- month highs after the IMF cut its growth forecasts for a second time, sending shares around most of the region lower. climbed 6 percent to $117.20 a tonne, its highest since Aug. 1, according to data provider Steel Index, taking gains to 12.5 percent over the past two days.
MELBOURNE, Oct 10- Australian shares slipped 0.3 percent on Wednesday, with falls across the board after a weak lead from Wall Street, while gold miners fell after bullion prices eased offshore.
WELLINGTON/ SYDNEY, Oct 10- The Australian and New Zealand dollars held gains on the euro on Wednesday but were on the defensive elsewhere as concerns over Spain continued to simmer and sap risk appetite. *Euro hurt due to uncertainty regarding Greece and Spain.
MELBOURNE, Oct 10- Australian shares fell 0.4 percent on Wednesday, with some of the biggest declines recorded by gold miners after bullion prices headed lower offshore. eased 0.6 percent to 3,882.8 after U.S. stocks fell on increasing worries about third-quarter earnings and the International Monetary Fund warned on global growth.
WELLINGTON, Oct 10- New Zealand's budget deficit halved in the 2011/ 12 fiscal year but the improvement was still less than expected, underscoring the government's challenge of returning to surplus in three years given a patchy recovery and uncertain global outlook.
MELBOURNE, Oct 10- Australian shares may ease from 14- month highs on Wednesday after U.S. stocks fell on concerns over third-quarter earnings, although energy companies may be boosted by a sharp rise in oil prices. *Energy companies such as Woodside Petroleum.
WELLINGTON/ SYDNEY, Oct 10- The Australian and New Zealand dollars rallied on the euro on Wednesday as concerns over Spain continued to simmer, while a second session of gains for iron ore brightened the outlook for Aussie export earnings. *Support seen around $1.0175, then $1.0150, while sellers lined up around 100- DMA of $1.0251.
In its latest forecast, the International Monetary Fund said Tuesday that the global economy is weakening and will grow more slowly in the next year. The euro fell to $1.2880 in late trading Tuesday from $1.2967 late Monday. The dollar rose to 0.9404 Swiss franc from 0.9330 Swiss franc and to 97.76 Canadian cents from 97.66 Canadian cents.
AMSTERDAM-- World stock markets fell Tuesday on a gloomy forecast from the IMF and worries over Europe's debt crisis ahead of the start of earnings season.
Meanwhile, comments by the International Monetary Fund on the global economy "provide a gloomy backdrop" for the day, said Monument Securities analyst Marc Ostwald. After a weak session Monday, Wall Street opened slightly lower again, with the Dow Jones Industrial index down 0.1 percent to 13,565.45, and the S&P 500 down 0.1 percent at 1,454.61.
AMSTERDAM-- World stock markets mostly declined Tuesday against a backdrop of worries about global economic growth and Europe's debt crisis. Meanwhile, comments by the International Monetary Fund on the global economy "provide a gloomy backdrop" for the day, said Monument Securities analyst Marc Ostwald.
An important factor in the New Zealand dollar's favour is the performance of prices for the country's main commodity exports. Dairy prices, an important export for New Zealand, are set to remain high and New Zealand's dairy industry may benefit more than usual given U.S. rivals have been hit by the worst drought in half a century.
A day before, the World Bank issued a warning about a slackening expansion in Asia. Britain's FTSE 100 fell more than 0.2 percent to 5,827.72. The picture was not as bleak in Asia, where stock market performance was mixed.
SINGAPORE, Oct 9- Singapore may avoid a technical recession when it reports third quarter GDP as second-quarter numbers are likely to be revised upwards, Prime Minister Lee Hsien Loong said on Tuesday, according to local media reports.
BEIJING/ HONG KONG, Oct 9- China's leading telecom equipment makers accused in a U.S. congressional report of being a potential security risk may face fresh scrutiny in other markets, while American firms operating in China could be vulnerable to retaliation.