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  • NEW YORK, May 25- U.S. Short- and medium-term yields touched 10- week highs in earlier trading, as further gains on Wall Street and growing bets on a possible Federal Reserve rate increase this summer reduced demand for U.S. government debt. "There's been a lot of demand at auctions especially with Bund and JGBs yielding very little," said Timothy High, senior U.S....

  • NEW YORK, May 25- Mutual fund investors showed a flash of optimism after a year of fleeing risky assets, putting the most money in U.S.-based emerging-market products since April 2015 during the latest week, Investment Company Institute data showed on Wednesday. The emerging-market funds took in $830 million during the week that ended May 18.

  • *Russia accuses West of leaning on banks to abstain. MOSCOW/ LONDON, May 25- Russia on Wednesday hailed its Eurobond issue as a triumph over Western obstruction, but there was no sign that big foreign investors had bought the bond and, unusually for a large issue, there was scant trading in the paper once it was placed. Russia nevertheless put a positive spin on the...

  • NEW YORK, May 25- U.S. Treasury prices dipped on Wednesday, with short- and medium-term yields hitting 10- week highs, as further gains on Wall Street and growing bets on a possible Federal Reserve rate increase this summer reduced demand for U.S. government debt. "The Fed may raise rates earlier than what the market is pricing in right now," said Richard Gilhooly, head...

  • *Euro finance ministers approve new aid tranche for Greece. ATHENS, May 25- Greece's government trumpeted a debt relief deal with other euro zone countries on Wednesday as the beginning of the end of its bruising six-year financial crisis but Greeks remained sceptical and markets were cautious. Playing with traditional komboloi worry beads at a cheap cafe in...

  • *Russia accuses West of leaning on banks to abstain. MOSCOW/ LONDON, May 25- Russia on Wednesday hailed its Eurobond issue as a triumph over Western obstruction, but there was no sign that big foreign investors had bought the bond and, unusually for a large issue, there was scant trading in the paper once it was placed. Russia nevertheless put a positive spin on the...

  • ack Ma, chairman and chief executive officer of e-commerce giant Alibaba Group Holding Ltd., speaks in front of a big screen at Alibaba's headquarters on November 11, 2014 in Hangzhou, Zhejiang province of China.

    The Alibaba Group is being investigated by securities regulators over its accounting practices, The New York Times reports.

  • FRANKFURT, May 25- The European Central Bank will aim to start small when it begins buying corporate debt in June, seeking first to lure new issuers and then slowly raise the monthly pace of purchases to 5- 10 billion euros, several central bank sources have told Reuters. The difficulty is that the 600 billion euro market for such notes is largely limited to big...

  • BUDAPEST/ WARSAW, May 25- Government bonds rebounded in Warsaw on Wednesday as an auction drew solid demand amid signs of an easing of a constitutional standoff with Brussels. Poland's 10- year government bond yield had earlier touched a 3- week high at 3.119 percent amid expectations of a U.S. Federal Reserve interest rate hike that weighed on debt markets...

  • *Euro finance ministers approve new aid tranche for Greece. After years of austerity measures demanded by Greece's international creditors- the latest passed in parliament last Sunday- Greeks wonder whether the sacrifices they have made to stay in the euro were worth the pain. Playing with worry beads at a cheap cafe in an Athens suburb, Zabetakis paid 1 euro for...

  • DUBAI, May 25- Saudi Arabia may need to change its currency's peg to the U.S. dollar if economic conditions shift, researchers at the Saudi central bank suggested in a paper that could shape debate among policymakers as the kingdom grapples with low oil prices. But the collapse of oil prices since 2014, which created a $100 billion state budget deficit, has fueled...

  • BRUSSELS, May 25- A deal agreed by euro zone finance ministers offers Greece some help to ease its debt payments with the prospect of longer-term restructuring of its debt mountain, stretching official loans out for decades, provided it sticks to the conditions. -Greece's gross financing needs should remain below 15 percent of Gross Domestic Product for the...

  • BUDAPEST/ WARSAW, May 25- Poland's 10- year government bond yield touched a 3- week high as a constitutional row with Brussels and expectations of a U.S. A bond auction in Warsaw on Wednesday will be a test of how worried investors are over the European Commission's unprecedented investigation in changes in the operations of Poland's constitutional court by...

  • MOSCOW, May 25- The latest Russian Eurobond issue, which took place without the participation of major international settlement agencies Euroclear and Clearstream, is good for Russia's financial infrastructure, Andrei Kostin, chief executive of VTB bank, said on Wednesday. VTB's investment banking unit VTB Capital was the sole arranger of the $1.75 billion...

  • MOSCOW, May 25- The price of a new Russian 10- year Eurobond was up more than 1 percentage point to trade at 101.375 on Wednesday, two traders told Reuters.

  • MOSCOW, May 25- Russia plans to bypass foreign banks when it issues bonds in future, Finance Minister Anton Siluanov said on Wednesday, following what he called "absurd" pressure on Western organisations not to be involved in its latest Eurobond issue. Siluanov said that in a break from past practice, from now on Russia doesn't intend to hire international banks...

  • MOSCOW, May 25- The 4.75 percent yield on Russia's latest Eurobond is "acceptable" in current market conditions, Finance Minister Anton Siluanov said on Wednesday.

  • *Greece to get 10.3 bln euros new cash, 7.5 bln of it in June. BRUSSELS, May 25- The euro zone gave Greece its firmest offer yet of debt relief in what finance ministers called a breakthrough deal that won a provisional commitment from the IMF to return to taking part in the bailout for Athens, heartening investors. After talks that lasted into the small hours of...

  • MOSCOW, May 25- Russian Finance Minister Anton Siluanov said on Wednesday he saw no need to top up the Eurobond placed on Tuesday which raised $1.75 billion with foreigners as the biggest buyers. "We believe that it's enough," Siluanov told reporters. "We have a strong balance of payments, our gold and foreign currency reserves are rising.

  • TOKYO, May 25- Japanese government bonds edged lower on Wednesday as buoyant stocks undermined bond market sentiment. Investors were also wary of taking aggressive positions ahead of a two-day Group of 7 leaders' summit in Japan that begins on Thursday. Japan's Ministry of Finance will auction 400 billion yen of 40- year JGBs on Thursday.