GO
Loading...

Enter multiple symbols separated by commas

Investing Securities

More

  • NEW YORK, Sept 2- Puerto Rico's indebted public utility PREPA has reached a deal with a key bondholder group which would see them swap their bonds for new notes, receiving 85 percent of their existing bond claims, according to a statement from the utility. Widening the deal to include more creditors of PREPA, seen as a microcosm of Puerto Rico's broader fiscal...

  • Sept 2- U.S. stock index futures rose on Wednesday after fresh intervention from China to support its markets helped calm jittery investors, and ahead of U.S. private employment data. *Wall Street closed sharply lower on Tuesday, with renewed concerns about China's economy pushing major indexes down almost 3 percent and intensifying fears of a long-term...

  • NEW YORK, Sept 2- Puerto Rico's indebted public utility PREPA has reached a deal with a key bondholder group which would see them swap their bonds for new notes, receiving 85 percent of their existing bond claims, according to a statement from the utility. The Ad Hoc bondholder group, which holds around 35 percent of PREPA's outstanding bonds, agreed to the deal.

  • HONG KONG/ SHANGHAI, Sept 2- China's central bank will require reserves to be set aside for purchases of all currency derivatives from October, according to a document seen by Reuters, as Beijing moves to make it more expensive to bet on more depreciation of the yuan. According to the People's Bank of China document seen on Wednesday, reserve ratios will be set at 20...

  • LONDON, Sept 2- The dollar rose on Wednesday as fragile global stock markets stabilised, taking the heat out of a rush to unwind carry trades that boosted the safe-haven yen and the low-yielding euro in recent weeks. The dollar was up 0.6 percent at 120.10 yen, rising from a low of 119.225 yen as European stock markets rose and U.S. stock futures were almost 1 percent...

  • SAN JUAN, Sept 1- Puerto Rico's public utility PREPA and a key bondholder group have reached the framework of a debt restructuring deal that would include a repayment reduction, or a so-called haircut, of up to 15 percent for bondholders, three people close to the talks said. PREPA, buckling under $9 billion in total debt, has been trying to negotiate a restructuring...

  • SHANGHAI, Sept 2- China's major stock indexes opened down on Wednesday, despite pledges by a number of brokerages to increase their stock invesment to support the market. China CSI300 stock index futures for September fell 2.1 percent, to 2,944.2, 291.12 points below the current value of the underlying index. The Hang Seng index in Hong Kong was down 1.0 percent, to...

  • SAN JUAN, Sept 1- Puerto Rico's public utility PREPA and a key bondholder group have reached the framework of a debt restructuring deal that would include a repayment reduction, or haircut, of up to 15 percent for bondholders, two people close to the talks said. The deal, which would securitize PREPA's debt with an eye toward trying to raise its credit rating, had not...

  • SHANGHAI, Sept 2- Nine Chinese brokerages have pledged additional funds worth over 30 billion yuan to buy shares, the China Securities Journal said on Wednesday, answering fresh government calls to support a wobbly stock market. Brokerages including Guotai Junan Securities Co, Changjiang Securities and Pacific Securities said they would increase the size...

  • Sept 1- Puerto Rico Government Development Bank officials and bondholders for the agency are planning to enter confidential debt restructuring talks as soon as next week, and bondholders could inject money into the bank, according to a Bloomberg News report on Tuesday. Puerto Rico representatives plan to ask some of the creditors to sign the agreement in...

  • *China manufacturing contracts at fastest pace in 3 years in Aug. NEW YORK, Sept 1- U.S. short- and medium-term Treasuries prices rose on Tuesday after data showing weakness in Chinese and U.S. manufacturing in August fueled safe-haven bids for U.S. debt, while long-dated Treasuries prices slipped on possible selling by a foreign central bank.

  • Sept 1- U.S. stock index futures fell sharply on Tuesday after weak data from China heightened fears of a slowdown in the world's second-largest economy. *Adding to the nervous sentiment, the head of the International Monetary Fund, Christine Lagarde, said that global economic growth was now likely to be weaker than had been expected just a few months ago.

  • Sept 1- U.S. stock index futures fell sharply on Tuesday after data showed that China's manufacturing sector shrank at its fastest pace in three years and its services sector also showed signs of cooling. S&P 500 e-minis were down 42.25 points, or 2.15 percent, with 372,618 contracts traded at 6:17 a.m. ET. Nasdaq 100 e-minis were down 95 points, or 2.22 percent, on...

  • *Man Group posts biggest individual decline. LONDON, Sept 1- European stocks fell on Tuesday, extending the losses of recent weeks after weak manufacturing data from China again raised concerns over the health of its economy. "The PMI was below 50, which is a psychologically important level and puts into real focus the fact that China is contracting," ETX Capital...

  • TOKYO, Sept 1- Japanese government bond prices edged up on Tuesday, spurred by a strong 10- year debt auction and a slide in Tokyo equities. The bid-to-cover ratio, a gauge of demand, at Tuesday's 2.4 trillion yen 10- year JGB sale rose to 3.52 from 2.84 at the previous auction in August. Japan's Nikkei was down 2.9 percent as weak corporate expenditure and soft China...

  • MANILA, Sept 1- Gold edged higher on Tuesday as equities faltered on mounting expectations that the U.S. Fischer's comment sent Wall Street lower overnight and U.S. stock futures stretched losses on Tuesday, with Asian shares also falling, led by China. "We are seeing some general risk-off moves in the Asian timezone and some buying of gold would be consistent with...

  • NEW YORK, Aug 31- Argentina's central bank on Monday won the reversal of a U.S. court ruling that had allowed bondholders to try to hold it responsible for the country's obligations on debt that has been in default since 2002.. The 2nd U.S. Circuit Court of Appeals in New York overturned a 2013 ruling denying a bid by Banco Central de la Rep├║blica Argentina to...

  • Rates jump at weekly US Treasury bill auction Monday, 31 Aug 2015 | 4:21 PM ET

    The Treasury Department auctioned $24 billion in three-month bills at a discount rate of 0.095 percent, up from 0.050 percent last week. Another $24 billion in six-month bills was auctioned at a discount rate of 0.270 percent, up from 0.200 percent last week. For a $10,000 bill, the three-month price was $9,997.60, while a six-month bill sold for $9,986.35.

  • NEW YORK, Aug 31- Longer-dated U.S. Treasuries prices fell on Monday after lower U.S. oil production and OPEC's readiness to talk with other producers heightened inflation fears, while weekend comments from the Federal Reserve vice chair hurt shorter-dated prices. "Treasuries become very sensitive at some point to the price of energy," said Robbert van...

  • *China concerns fuel safe-haven bids. NEW YORK, Aug 31- U.S. safe-haven Treasuries prices rose on Monday on continued concerns over China and emerging market economies, while month-end buying gave longer-dated Treasuries prices a greater boost. "The concerns about instability in the emerging markets, specifically China, will maintain that flight-to-quality...