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  • "Without credible and efficient reforms, China's GDP growth would slow more markedly as a high debt burden dampens business investment and demographics turn increasingly unfavourable. Moody's said its rating committee had discussed China's status at a meeting on Feb. 9, during which the country's institutional and fiscal strength, as well as its...

  • NEW YORK, March 1- A group of Argentine bondholders who reached a $4.65 billion settlement resolving litigation over defaulted bonds urged a U.S. judge on Tuesday to wait longer before lifting injunctions that restrict the country from paying off some debts. Michael Paskin, Argentina's lawyer, countered that no delay was needed, and Argentina deserved...

  • McGraw Hill Financial agreed to sell two smaller S&P market data units to Intercontinental Exchange.

  • NEW YORK, March 1- U.S. "This is a very encouraging report and it suggests that there are signs of stabilization in manufacturing and you're seeing higher yields, especially in the long end because of that," said Tom Simons, money market strategist at Jefferies& Co in New York. Treasury prices were also weighed down by weak manufacturing data out of China and Europe,...

  • March 1- Bond fund manager Bill Gross on Tuesday accused Pacific Investment Management Co of falsely claiming he suddenly decided to abandon the firm he co-founded, in an effort to win dismissal of his $200 million breach of contract lawsuit. In papers filed with a state court in Orange County, California, Gross said Pimco's "misconduct" cost him not only...

  • NEW YORK, March 1- DoubleLine Capital, overseen by widely followed investor Jeffrey Gundlach, said on Tuesday it posted a net inflow of $2.24 billion in February, marking the firm's 25th consecutive month of inflows. The DoubleLine Total Return Bond Fund, the firm's largest fund by total assets, had a net inflow of $2.01 billion in February. The DoubleLine Core...

  • March 1- Bond fund manager Bill Gross on Tuesday accused Pacific Investment Management Co of falsely claiming that he suddenly decided in 2014 to abandon the firm he co-founded, in an effort to win dismissal of his $200 million breach of contract lawsuit. In papers filed with a state court in Orange County, California, Gross said Pimco's "misconduct" cost him not...

  • LONDON, March 1- Almost 4 percent of the 2.7 trillion euro- denominated investment grade corporate bond market in Europe has yields below zero, more than double the number seen just three weeks ago. According to Tradeweb, about 43 percent or 3.1 trillion euros of the 7 trillion euro- denominated government bond market in Europe has yields below zero.

  • Philip Falcone, chairman and chief executive officer of Harbinger Group Inc.

    One-time high-flying fund manager Phil Falcone, plotting a comeback after an industry ban, considers his integrity of "utmost importance."

  • NEW YORK, March 1- U.S. "This is a very encouraging report and it suggests that there are signs of stabilization in manufacturing and you're seeing higher yields, especially in the long end because of that," said Tom Simons, money market strategist at Jefferies& Co in New York. Earlier, disappointing European manufacturing data and weaker-than-expected Chinese...

  • *Russia plans up to $3 bln in Eurobonds in 2016. Russia has invited 25 Western and three domestic banks to bid to organize up to $3 billion in Eurobonds this year, in what would be its first foray into foreign debt markets since 2013.. The U.S. government has warned some banks that bidding for the deal would undermine international sanctions imposed on Moscow for its...

  • NEW YORK, March 1- An agreement between creditors and Puerto Rico's electric power authority PREPA will likely be concluded in the coming months, an executive at bond insurer MBIA Inc said on Tuesday. MBIA has around $4 billion of exposure to Puerto Rico's debt. Puerto Rico's House of Representatives has approved a bill aimed at overhauling PREPA, pushing the...

  • *Russia plans up to $3 bln in Eurobonds in 2016. MOSCOW, March 1- European banks have greater chances than U.S. ones of being on a shortlist of organisers of a Russian Eurobond issue this year, Russian Finance Minister Anton Siluanov said on Tuesday. The U.S. government has warned some banks that bidding for the deal would undermine international sanctions imposed...

  • LONDON/ TOKYO, March 1- Japan became the first G7 nation to auction 10- year government bonds at a negative yield on Tuesday, but a relentless whittling down of global inflation meant investors still lapped up the highly rated debt. Tokyo sold 2.4 trillion yen of the benchmark paper with a yield of -0.015 percent at the lowest accepted price. "Germany will get there...

  • MOSCOW, March 1- European banks have greater chances of being on a shortlist of organisers for a Russian Eurobond issue this year than U.S. banks, Russian Finance Minister Anton Siluanov said on Tuesday. The ministry has invited 25 Western banks and three domestic banks to bid for organising up to $3 billion in Eurobonds this year, in what would be the first time...

  • TOKYO, March 1- Japanese government bond yields were near record lows Tuesday, pushed down after the market confirmed robust investor demand at a 10- year debt auction, despite negative yields. The benchmark 10- year JGB yield was down 1 basis point at minus 0.075 percent. The bid-to-cover ratio, a gauge of demand, at Tuesday's 2.4 trillion yen 10- year sale rose to...

  • NEW YORK/ BUENOS AIRES, Feb 29- Argentina has agreed a $4.65 billion cash payment to its main holdout creditors and will present the deal to Congress this week for a vote which would end 14 years of bitter legal battles and pave the way for its return to global credit markets. Finance Minister Alfonso Prat-Gay said he hoped to issue two or three new sovereign bonds on...

  • MADRID, Feb 29- Spain's Abengoa, on the brink of becoming the country's largest-ever bankruptcy, said on Monday its debt had risen by 492 million euros in 2015' s fourth quarter as it posted a full-year net loss of 1.2 billion euros. The energy firm, which is racing to reach an agreement with its banks and bondholders, said its gross corporate debt at the end of 2015...

  • *Only handful of Panda bond deals so far. A handful of issuers- including HSBC and Standard Chartered Bank- have since issued so-called Panda bonds using the draft rules as a template. Cheaper alternative funding options also mean there is little incentive now for U.S. firms to go to the expense of converting their accounts for the sake of a Panda bond issue.

  • NEW YORK, Feb 29- U.S. Contracts to buy previously owned U.S. homes fell to their lowest level in a year in January, likely weighed down by harsh weather and a shortage of properties for sale, a report by the National Association of Realtors showed. "Looking at recent data, as far as economic reports, it has been a mixed bag with this morning being weaker than anticipated,"...