Investing Securities

  • NEW YORK, April 6- Exchange-traded funds that hold bonds took in record cash globally and in the United States during the first quarter this year, BlackRock Inc data showed on Wednesday. The fixed-income ETFs pulled in $43.7 billion globally as investors turned to the funds for safety from the market rout earlier this year. The ETFs' positive flows have mostly...

  • SAN JUAN, April 6- Puerto Rico's governor on Wednesday signed an emergency bill allowing the government to halt payments on its debt, throwing into doubt broader restructuring plans to stave off a financial collapse of the U.S. territory. The measure, which earlier passed Puerto Rico's legislature, lets Governor Alejandro Garcia Padilla declare a moratorium...

  • U.S.-LISTED FIXED-INCOME ETFS ATTRACTED RECORD $31.8 BLN DURING 1 ST QUARTER- BLACKROCK.

  • NEW YORK, April 6- U.S. "What we're looking at is... a reversal in risk assets, i.e., there was a little bit of a bounce," said CRT Capital senior government bond strategist Ian Lyngen in Stamford, Connecticut. But yields pared gains slightly after the minutes were released as they suggested a less dovish outlook for the Fed than the one signaled by Chair Janet Yellen in...

  • NEW YORK, April 6- Investors pulled money out of U.S.-based mutual funds for the first time in more than a month as their desire for stocks cooled further in the latest week, Investment Company Institute data showed on Wednesday. Overall, mutual funds based in the United States posted $3.7 billion in net cash withdrawals in the week ended March 30, according to the...

  • NEW YORK, April 6- U.S. Few were expecting much in the way of market-moving news from the minutes, analysts said, as remarks from Fed Chair Janet Yellen since the March 16 announcement that the U.S. central bank would not raise interest rates have cemented expectations of the bank's bias to stand down in the near term. "Given that Yellen's comments post-meeting have...

  • Puerto Rico, burdened by a $70 billion debt load it says it cannot pay and a 45 percent poverty rate that has led to a steady exodus of its American citizens to the mainland, faces economic collapse without a solution that either changes laws or involves an agreement with creditors. He said the law could "close the door to anyone extending new credit to Puerto Rico,...

  • SAO PAULO, April 6- A rally of Brazil's real should allow the central bank to swiftly unwind dollar swaps it has used to support the currency but whose $24 billion price tag last year drew criticism from economists as the government struggled to tighten its budget. In the last two weeks, the bank has reduced the amount of traditional currency swaps to $102 billion...

  • SHANGHAI, April 6- China's top planning agency has ordered issuers of so-called enterprise bonds and their underwriters to assess the risks of default and report back to the government in a nationwide campaign to limit systemic financial risk. In China's fragmented bond issuance system, the NDRC is responsible for approval of "enterprise bonds" of one-year...

  • *Basel consults on amending leverage ratio. *Basel starts work on top up leverage ratio for big banks. LONDON, April 6- Banks that trade large numbers of derivatives may benefit from proposals by regulators unveiled on Wednesday that take a softer line on broad capital rules designed to bolster the finance industry's defences against market shocks.

  • *Basel consults on amending leverage ratio. *Basel starts work on top up leverage ratio for big banks. LONDON, April 6- Global regulators on Wednesday proposed softer capital requirements for banks that trade large numbers of financial derivatives in the latest sign of a more accommodative stance towards the finance industry.

  • SYDNEY, April 6- It's a vote of confidence Reserve Bank of Australia Governor Glenn Stevens would really rather not have right now. His global peers have been buying Australian government bonds, drawn by its gold-plated credit rating and yields that are positively sumptuous compared to the sub-zero fare on offer in Europe and Japan. Mitchell Taylor, managing...

  • TOKYO, April 6- Japanese government bonds mostly slipped on Wednesday, though the Bank of Japan's buying operations kept losses in check. The central bank offered to buy 350 billion yen of JGBs in the 1- to 3- year zone, 440 billion yen of JGBs in the 3- to 5- year zone, and 450 billion yen of JGBs in the 5- to 10- year zone, under its asset purchase programme.

  • *Activity in China's service sector strengthened in March. SHANGHAI, April 6- China's main share indexes stayed firm at their highest levels since early January as the latest survey on China service sector activity provided fresh evidence of a nascent economic recovery. March's moderate expansion in the service sector, which follows rises in...

  • SAN JUAN, April 5- Bondholders with nearly a third of Puerto Rico's $17 billion outstanding General Obligation bonds on Tuesday unveiled a proposal for a debt restructuring they claim would help the island avoid outright default. "Incurring additional debt at a higher cost is not the answer to the Commonwealth's fiscal issues," Melba Acosta, president of Puerto...

  • SAN JUAN, April 5- Puerto Rico's House of Representatives on Tuesday debated a bill to halt debt payments, while a government official fired back at creditors who suggested the U.S. territory was shirking efforts to hold restructuring talks. Burdened by a $70 billion debt load it says it cannot pay and a 45 percent poverty rate that has led to a steady exodus of its...

  • SAN JUAN, April 5- Bondholders with nearly a third of Puerto Rico's $17 billion outstanding General Obligation bonds on Tuesday unveiled a proposal for a debt restructuring they claim would help the island avoid outright default. These bondholders earlier criticized legislation being rushed through Puerto Rico's Senate and House on Tuesday that would...

  • April 5- Minneapolis Federal Reserve president Neel Kashkari, who is pushing the government to consider breaking up the country's biggest banks, has booked former Federal Reserve chairman Ben Bernanke to speak at his second conference. Kashkari, a former top Treasury Department official who became president of the Federal Reserve Bank of Minneapolis...

  • *Loonie touches its weakest since March 28 at C $1.3219. Canada's trade deficit unexpectedly jumped to C $1.91 billion in February from C $628 million in January as exports slumped by their most in nearly seven years. "Not cause for panic yet, but I think some concern which may be echoed by the Bank of Canada next week," said Scott Smith, senior market analyst at...

  • NEW YORK, April 5- U.S. Treasury yields fell on Tuesday led by long-dated bonds, which touched their lowest in more than a month, as weak economic data in the United States and Europe soured the outlook for growth and boosted investor demand for safe-haven government debt. "There was just a general growing wall of worry," said Michael Wallace, global market strategist...