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  • *Dispute between Abu Dhabi, Malaysian firms intensifies. KUALA LUMPUR/ HONG KONG, May 11- Disputes between Abu Dhabi state-owned International Petroleum Investment Co and the troubled Malaysian state investment fund 1 MDB intensified on Wednesday, with IPIC saying there was a fresh default by 1 MDB. The latest turn came on Wednesday, when IPIC, said it had to stump...

  • MOSCOW, May 11- Russian Deputy Finance Minister Sergei Storchak said on Wednesday he had discussed cooperation with the European Bank for Reconstruction and Development when he spoke to senior officials from Ukraine's Finance Ministry. "The issue of the Eurobond was not brought up," Storchak said in e-mailed comments, referring to Ukraine's controversial $3...

  • LONDON, May 11- Long-dated Spanish and Italian bond yields climbed to multi-month highs on Wednesday, boosted by Spain's starting to sell a 50- year bond and investor anticipation that Italy may soon do the same. France and Belgium have already taken advantage of record low rates to launch rare 50- year bonds this year, part of a trend which has seen the highest...

  • TOKYO, May 11- Japanese government bond prices were mostly lower on Wednesday, as caution took hold ahead of an upcoming 30- year debt auction. Japanese shares also extended gains amid a broad reversal in the yen's recent appreciation, reducing investor demand for government bonds. Japan's finance ministry will offer 800 billion yen of 30- year JGBs on Thursday.

  • *Chinese banks take top 6 slots in Asia ex-Japan DCM league. Bank of China, China Construction Bank, Industrial and Commercial Bank of China, CITIC Securities and Agricultural Bank of China now sit at the top of the Debt Capital Market league table for Asia Pacific excluding Japan for the year to date, Reuters data show. "Multi-national companies have limited...

  • *Treasury sees strong demand for $24 billion 3- year sale. NEW YORK, May 10- The U.S. government saw strong demand for its $24 billion auction of three-year notes on Tuesday, the first sale of $62 billion in coupon-bearing debt supply this week. "The market is taking down all the supply right now," said Tom Tucci, head of Treasuries trading at CIBC in New York.

  • NEW YORK, May 10- After their hot rally at the end of last year, shares of solar energy firms have turned ice cold as concerns about slower growth and regulatory uncertainties plague the group. Investors have been worried about the outlook for growth for the solar sector, especially following a pullback in an important Nevada solar support policy and uncertainty...

  • LONDON, May 10- China's opening push to draw major bond investors into its gigantic onshore bond market has shown that U.S. and European asset managers are still at least 18 months to two years away from engaging in earnest. But despite yields of 3 percent or more which should draw fund managers dealing with negative returns in Europe, only 2 percent of China's...

  • *U.S. to sell $62 billion coupon-bearing debt this week. Treasuries were steady on Tuesday before the government is due to sell $24 billion in three-year notes, the first sale of $62 billion in coupon-bearing debt supply this week, and with heavy corporate debt sales also expected. "You are getting a bit of supply pressure," said Gennadiy Goldberg, an interest rate...

  • LONDON, May 10- Greece's long-term government borrowing costs fell below 8 percent for the first time in over six months and stocks soared to the year's high on Tuesday after euro zone finance ministers offered debt relief to the country from 2018.. In what appears to be a compromise between Germany, which does not believe Greece needs additional debt relief, and...

  • May 10- U.S. stock index futures were higher on Tuesday, helped by a rise in oil prices as the raging wildfire in Canada hit supplies and temporarily eclipsed concern over high global inventories. *Oil prices were up more than 1 percent, driven by supply disruptions in Canada and elsewhere that have knocked out 2.5 million barrels of daily production.

  • LONDON, May 10- Greece's 10- year bond yields fell below 8 percent for the first time in over six months on Tuesday after euro zone finance ministers offered debt relief to the country from 2018.. In what appears to be a compromise between Germany, which does not believe Greece needs additional debt relief, and the International Monetary Fund, which insists it is...

  • TOKYO, May 10- Japanese government bonds slipped on Tuesday as gains in equities offset solid results of a 10- year JGB auction. The benchmark 10- year JGB yield added 1.5 basis points to minus 0.095 percent, while the 10- year JGB futures contract ended down 0.03 point at 151.80. as the Nikkei stock index finished 2.2 percent higher. Japan's Ministry of Finance...

  • SHANGHAI, May 10- China's 715 billion yuan cash injection into its financial system last month has helped avert a rout in the domestic corporate bond market, easing pressure on the central bank to take more aggressive action. "The government still wants to lower the cost of doing business, and the central bank has a lot of tools now like the MLF to keep money market...

  • ROME, May 9- The euro zone is tying itself in knots over whether to limit banks' holdings of their own governments' bonds or to make them set aside more capital against home sovereign risk. Germany, the bloc's dominant power, has made such "risk reduction" measures, as it calls them, a prior condition before it will accept any further "risk sharing" in Europe's banking...

  • *Euro zone eyes possible debt relief for Greece deal on May 24. BRUSSELS/ ATHENS May 9- Euro zone finance ministers offered on Monday to grant Greece debt relief by giving it longer grace periods and bond maturities from 2018 if the country delivers by then on all reforms agreed under its latest bailout. The offer, to be worked out in detail by deputy finance...

  • *Germany opposed to any relief, IMF says it necessary. *Greece resisting demand for contingency measures. BRUSSELS/ ATHENS May 9- The euro zone turned its attention tentatively on Monday to helping Greece tackle its huge debt repayments, with a view to a deal on May 24, after Greek lawmakers passed unpopular pension and tax reforms one critic called "a tombstone for...

  • ULAANBAATAR, May 9- Rio Tinto's long-awaited approval of a $5.3 billion extension for its giant Oyu Tolgoi copper mine is fuelling hopes of a revival at last for Mongolia, battered by a slowdown in neighbouring China that has left it deep in debt. Oyu Tolgoi, one of the world's largest undeveloped copper projects, has been a bellwether for Mongolia since its...

  • *Treasury to sell $62 bln debt this week. NEW YORK, May 9- Most U.S. "The fact that the front-end is outperforming is consistent with the notion that June isn't particularly a high probability month for a move, despite what Dudley had said and what some of the speakers had come up with," said Ian Lyngen, a senior government bond strategist at CRT Capital in Stamford,...

  • May 9- U.S. stock index futures were higher on Monday, extending gains from Friday after the disappointing U.S. jobs report suggested the Federal Reserve would raise rates just once this year and as crude rallied after a wildfire in Canada hit supplies. *Wall Street rebounded from early losses and closed higher on Friday after investors focused on the positive...