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  • WASHINGTON, Jan 11- The U.S. Supreme Court on Monday declined to hear an appeal filed by three former executives of Swiss global investment bank UBS AG convicted of conspiring to deceive U.S. cities and towns by rigging bids to invest municipal bond proceeds. The court left in place a June 2015 ruling by the 2nd U.S. Court of Appeals that upheld the 2012 convictions...

  • Jan 11- U.S. stock index futures were slightly higher on Monday, with Wall Street coming off its worst-ever start to a year and ahead of the start of corporate earnings season. *Not even a surge in U.S. nonfarm payrolls in December stemmed the bleeding, as investors went on the defensive over increasing worries about Beijing's ability to manage the world's...

  • MANILA, Jan 11- Congress on Monday asked the Philippine government to study a proposal to issue a 150 billion peso retail bond to fund a long-term military modernization plan to secure its strategic reserves in the South China Sea. Ariel Try, deputy minority leader at the lower house of Congress, said Congress will ask the Treasury to consider a bond issue to...

  • SHANGHAI, Jan 11- China stocks fell more than 2 percent on Monday, shrugging off a firmer yuan, as data pointed to growing deflationary risks in the world's second-largest economy. China CSI300 stock index futures for January fell 2.4 percent, to 3,256, 32.80 points below the current value of the underlying index, suggesting investors see further losses.

  • People walk past a panel displaying China stock market indexes, which were down more than seven percent and were suspended for the rest of the day, for the second time this week, in Hong Kong, China January 7, 2016.

    China's market turmoil hasn't just rocked financial markets this week; it's also shaken confidence in policymakers' ability to stem the volatility.

  • NEW YORK, Jan 8- U.S. Labor Department data showed U.S. nonfarm payrolls increased by a larger-than-expected 292,000 last month. "None of the additional labor market items, such as hours worked or average hourly earnings, rose along with payrolls," said Jim Vogel, interest rate strategist at FTN Financial in Memphis, Tennessee.

  • NEW YORK, Jan 8- U.S. Labor Department data showed U.S. nonfarm payrolls increased by a larger-than-expected 292,000 last month. "The average hourly earnings pushes rate hikes back at the margin, but the payrolls number pushes them forward, so the market is putting those two elements together and concluding that the message is pretty neutral," said David Keeble,...

  • *Concerns over China have hit European stocks this week. LONDON, Jan 8- This week's rocky start for European stocks is driving equity traders to seek protection against any further sharp declines as concerns over China weigh on markets. Fears of a slowdown in China, the world's second-biggest economy and a major export market for European companies, intensified...

  • Jan 8- U.S. stock index futures extended gains on Friday after data showed hiring surged in December and employment for the prior two months was revised sharply higher. The strong report suggested that a recent manufacturing-led slowdown in economic growth would be temporary. Futures snapshot at 8:31 a.m. ET:.

  • *Growing debate on Finland's euro zone membership a risk factor. LONDON, Jan 8- An economy in recession rocked by anti-austerity protests, hefty debt issuance and worries about its top credit rating- the year is not shaping up well for Finland's bond market. Even finance minister Alexander Stubb has declared Finland the "sick man of Europe", and its debt has...

  • Jan 8- U.S. stock index futures were higher on Friday as Chinese stocks recovered, oil prices clawed back after touching 12- year lows and the yuan was firmer, ahead of the monthly U.S. jobs report. The report is expected at 8:30 a.m. ET. *China nudged the yuan higher for the first time in nine days, while traders welcomed the country's decision to suspend a circuit...

  • *Lawsuit is first from creditors over Puerto Rico defaults. The lawsuit by Assured Guaranty and Ambac Financial, filed in U.S. federal court in Puerto Rico, asks a judge to declare that Puerto Rico violated the U.S. constitution when it diverted $163 million from revenue streams meant to pay debt at the island's infrastructure, highway and other agencies.

  • TOKYO, Jan 8- The benchmark 10- year Japanese government bond yield fell to a new one-year low on Friday as the market remained on the front foot thanks to central bank buying and ongoing risk aversion. Reflecting the bullish mood, the average accepted yield at Friday's 3.5 trillion yen six-month bill auction came in at a record low of -0.0608 percent.

  • By Anshuman Daga and Umesh Desai. SINGAPORE/ HONG KONG, Jan 8- Standard& Poor's cut its credit rating on Noble Group to junk, adding to concerns about financing costs for Asia's biggest commodity trader a week after a similar downgrade by Moody's Investors Service and sending its stocks and bonds sliding. The company, with a market cap of $1.5 billion, has a total of...

  • NEW YORK, Jan 7- Investors pulled more than $12.2 billion out of U.S. stock funds over the week that ended Jan 6, Lipper data showed on Thursday, slicing their risk as U.S. markets tumbled. The withdrawals struck both mutual funds and exchange-traded funds during a week that saw concerns about a slowdown in China weigh heavily on U.S. markets. Taxable bond funds saw...

  • CHICAGO, Jan 7- Illinois' ongoing state budget battle is being downplayed by Governor Bruce Rauner's administration ahead of a $480 million bond sale- the state's first in 20 months. In a report on Thursday, Standard& Poor's said "ideologically divisive policy initiatives" were impeding progress on tackling Illinois' fiscal woes. Despite Rauner's repeated...

  • U.S-BASED INFLATION-PROTECTED BOND FUNDS ATTRACT $7.5 MLN INFLOWS, TRIMMING INFLOWS FROM WEEKS PRIOR- LIPPER.

  • U.S.-BASED CORPORATE INVESTMENT-GRADE BOND FUNDS POST $1.1 BLN OUTFLOWS OVER WEEKLY PERIOD; SEVENTH STRAIGHT WEEK OF WITHDRAWALS- LIPPER.

  • U.S.-BASED HIGH-YIELD BOND FUNDS POST $809 MLN OUTFLOWS OVER WEEKLY PERIOD, AFTER $114 MLN INFLOWS IN WEEK PRIOR- LIPPER.

  • U.S.-BASED MONEY MARKET FUNDS POST $16.7 BLN OUTFLOWS OVER WEEKLY PERIOD; REVERSING PREVIOUS WEEK OF INFLOWS- LIPPER.