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  • TOKYO, Jan 27- Japanese government bonds were steady on Wednesday on the eve of the Bank of Japan's policy meeting, with month-end buying lifting the superlong zone and offsetting any impact from rallying equities. The BOJ will begin its two-day meeting on Thursday, and some investors speculate that policymakers might muster some more monetary easing steps.

  • *Hong Kong- listed China shares have long traded at discount. *ETFs, Stock Connect show China money flowing to Hong Kong. By doing so they are exploiting a long-standing market distortion that means the average share price of a dual-listed Chinese company is currently 40 percent lower in Hong Kong than in Shanghai or Shenzhen.

  • NEW YORK, Jan 26- The ETF boom may be leaving its architect behind. Moreover, its flagship fund- the SPDR S&P 500 ETF- did the worst, losing $39 billion to withdrawals while a competing Vanguard ETF took in $12 billion, according to Lipper. "They should have a much bigger market share than they do based on their heritage," said Todd Westby, an industry consultant and former...

  • SAO PAULO, Jan 26- Eldorado Brasil SA, the pulp producer controlled by Brazil's billionaire Batista family, is considering selling bonds or equity for the first time should market conditions turn favorable, Chief Executive Officer José Carlos Grubisich said on Tuesday. While access to international debt markets this year looks "certain" for Eldorado because...

  • Oil prices were lifted by hopes that OPEC and non- OPEC producers may be edging closer to a deal to tackle one of the biggest supply gluts in decades. "Usually when oil and stocks are up like they are right now, Treasury prices fall, but because of a lot of things including the Fed meeting, today's Treasury increase is very very modest," said Cheng Chen, interest rates...

  • NEW YORK, Jan 26- The ETF boom may be leaving its architect behind. Moreover, its flagship fund- the SPDR S&P 500 ETF- did the worst, losing $39 billion to withdrawals while a competing Vanguard ETF took in $12 billion, according to Lipper. "They should have a much bigger market share than they do based on their heritage," said Todd Westby, an industry consultant and former...

  • WILMINGTON, Del, Jan 26- Verso Corp, a leading U.S. producer of printing and specialty papers, filed for Chapter 11 bankruptcy on Tuesday to cut its debt as demand for its products has waned with the growth of electronic media and cheaper imports. The company said the bankruptcy would have virtually no impact on its daily operations, and it is seeking to borrow up to...

  • *Treasury to sell $26 billion of 2- year notes. "Overall Treasuries have been tracking oil and equities, so for each tick and gyration in oil and equities there's a reaction in Treasuries," said Justin Lederer, Treasury strategist at Cantor Fitzgerald in New York. Oil prices were lifted by hopes that OPEC and non- OPEC producers may be edging closer to a deal to tackle...

  • Jan 26- U.S. stock index futures edged up on Tuesday as oil prices recovered and ahead of the start of the Federal Reserve's policy meeting and Apple's earnings report later in the day. *Crude prices were hovering slightly above $30 a barrel on hopes that OPEC and non- OPEC producers would agree to tackle a massive supply glut. *Chinese shares tumbled, dragging down...

  • *Greece trying to complete first review of structural reforms. TOKYO, Jan 26- The head of the European Stability Mechanism on Tuesday ruled out a haircut for Greek debt but said extending debt maturities and deferring interest are options that officials could use to make Greece's debt more manageable. Klaus Regling, managing director of the ESM, also said Greece...

  • TOKYO, Jan 26- Japanese government bond prices rose on Tuesday as Tokyo stocks fell more than 2 percent, increasing the allure of safe-haven debt. The 30- year JGB yield slipped to 1.165 percent, its lowest since January 2015. "Stocks are under pressure and with the market expecting the BOJ to purchase more super long bonds if it eases, there are not many sellers out...

  • *Iraq reports record-high production, drives oil price declines. Treasuries had slumped on Friday as a resurgence in oil and stock prices drove selling of the debt, but oil prices fell more than 5 percent on Monday on worries about oversupply after Iraq announced that its oil production last month was at a record-high. "Treasuries rallied overnight and have been...

  • NEW YORK, Jan 25- A number of mutual fund managers who dumped their shares in energy companies before oil slid to 12- year lows now see themselves avoiding the sector for years to come rather than picking up shares trading at their cheapest levels in years. That early January poll showed analysts expecting the price of Brent crude to average $52.50 a barrel this...

  • *Oil prices slide after Iraq reports record-high production. Treasuries had slumped on Friday as a resurgence in oil and stock prices drove selling of the debt, but oil prices fell after Iraq announced record-high oil production. "All the movement is predicated on oil, so the stability we saw last week was largely because of oil looking like it was settling, and...

  • LONDON, Jan 25- Hedge funds had covered only a small part of their record short position in crude oil by early last week, but it was still enough to send prices surging more than $6 higher over the course of Thursday and Friday. Hedge funds reduced their combined short positions in the main Brent and WTI futures and options contracts by 16 million barrels, just 4...

  • Jan 25- U.S. stock index futures were lower on Monday after last week's rally in oil prices lost steam. *Crude prices resumed their slide after a strong two-day rally as output from Iraq reached record highs. Federal Reserve's next move on interest rates when the Federal Open Market Committee meets on Jan. 26-27.

  • TOKYO, Jan 25- Japanese government bond prices were firm on Monday, helped by expectations that the Bank of Japan could expand its massive bond-buying programme further as soon as this week. The 10- year JGB yield fell 1 basis point to 0.220 percent, while the 30- year yield fell 0.5 basis point to 1.175 percent, near one-year low of 1.170 percent touched earlier...

  • NEW YORK/ SAN JUAN, Jan 24- Puerto Rico's struggling power utility PREPA said on Sunday it had reached a deal with some lenders that protects it from litigation through Feb. 12, but the agency's future remains uncertain after the collapse of a restructuring plan on Friday. Fixing PREPA, which is hamstrung by inefficient governance and out-of-date plants, is a key...

  • Cars pass a construction site in Fajardo, near San Juan, Puerto Rico, on Dec. 1, 2015.

    A deal to restructure $8.2 billion in Puerto Rican utility debt collapsed, after lawmakers missed a deadline to approve conditions for the bond swap.

  • NEW YORK, Jan 22- Legg Mason Inc said on Friday it bought a stake in a company re-engineering exchange-traded funds in the hope of improving the performance of the popular investment products. Legg's stake in Precidian Investments also gives the Baltimore money manager a new foothold in a campaign by legacy mutual fund brands to enter the ETF market.