Investing Securities

  • LONDON, March 23- Tom Hayes, a former star trader serving an 11- year jail sentence for manipulating Libor interest rates, was on Wednesday ordered to hand over 878,806 pounds in a London proceeds-of-crime court hearing. Hayes, a 36- year-old former UBS and Citigroup derivatives trader, was held up as an example to errant bankers when he was convicted last August...

  • March 23- U.S. stock index futures were little changed on Wednesday as investors remained cautious a day after the attacks in Brussels and ahead of the Good Friday market holiday. *Nike shares were down 4.9 percent at $61.75 in premarket trading after the world's largest footwear maker reported quarterly revenue below estimates. *Gilead Sciences was down 2.6...

  • TOKYO, March 23- Japanese government bond prices pared earlier losses and edged up on Wednesday in response to strong liquidity-enhancing auction results. In a monthly sale to enhance market liquidity, the finance ministry offered 500 billion yen of off-the-run government bonds on Wednesday which attracted firm investor demand. Treasury yields rose on...

  • Treasury Secretary Jack Lew said on Tuesday that Puerto Rico was "for all practical purposes" in default and needed a full restructuring of all its debt, including general obligation bonds. However, he added: "I believe the worst thing for the municipal bond market would be a disorderly unwinding in Puerto Rico, which is what will happen if Congress doesn't act."

  • *Weakness overturns early safety buying on Brussels attacks. NEW YORK, March 22- U.S. "There are no new buyers at higher prices and the short base has gone," said Tom Tucci, head of Treasuries trading at CIBC in New York.

  • *Weakness overturns early safety buying on Brussels attacks. NEW YORK, March 22- U.S. "There're no new buyers at higher prices and the short base has gone," said Tom Tucci, head of Treasuries trading at CIBC in New York.

  • NEW YORK, March 22- S&P Dow Jones Indices is negotiating with asset managers to license its new index, which it says represents companies that focus on the long term rather than the current quarter. The Long-Term Value Creation Global Index could be the basis for one or more mutual funds, exchange-traded funds or structured products, Vinit Srivastava, S&P's...

  • US TREASURY YIELDS RISE TO SESSION HIGHS AFTER FED'S EVANS SEES STRONG US ECONOMIC GROWTH.

  • US TREASURIES ERASE MOST EARLIER PRICE GAINS, 10- YEAR NOTE YIELDS RISE TO 1.92 PCT.

  • An Argor-Heraeus SA stamp sits on a two hundred and fifty gram gold bar in this arranged photograph at Solar Capital Gold Zrt. in Budapest, Hungary.

    Goldman Sachs has a price target of $1,000 on gold. But Michael Pento says that's not happening anytime soon. Here's why.

  • US TREASURIES EXTEND PRICE GAINS, 10- YEAR NOTE YIELDS FALL TO 1.89 PCT.

  • *Yields fall on safety buying, after Europe attacks. Treasury yields fell on Tuesday on safety buying after twin attacks on Brussels airport and a rush-hour metro train in the Belgian capital triggered security alerts across western Europe. The blasts occurred four days after the arrest in Brussels of a suspected participant in November militant attacks in...

  • LONDON, March 22- An investment trust launched less than a year ago by star fund manager Neil Woodford is increasing its focus on early-stage companies and abandoning near-term plans to raise more capital, it said on Tuesday, after its net asset value fell nearly 3 percent. The Woodford Patient Capital Trust, one of two funds managed by Woodford Investment...

  • March 22- U.S. stock index futures were lower on Tuesday after explosions in Brussels sparked fresh geopolitical concerns and sent investors scurrying for safety. * "Anything like the events we're seeing in Brussels this morning is going to weigh on risk sentiment and risk appetite," said Michael Hewson, chief market strategist at CMC Markets in London.

  • JAKARTA, March 22- Indonesia needs to increase revenue growth, cut fuel subsidies and implement reforms to attract foreign investment in order to win a rating upgrade from Standard& Poor's, a senior official with the ratings agency told Reuters on Tuesday. S&P, which raised its 12- month speculative-grade outlook rating to positive from stable last year, will...

  • LONDON, March 22- An investment trust launched less than a year ago by star fund manager Neil Woodford is increasing its focus on early-stage companies and abandoning plans to raise more capital, it said on Tuesday, after its net asset value fell nearly 3 percent. The Woodford Patient Capital Trust, one of two funds managed by Woodford Investment Management,...

  • LONDON, March 22- Top-rated German bond yields fell near a two-week low on Tuesday as explosions in Brussels spurred demand for safe haven assets amid fears the incident could be the latest in a number of militant attacks in Europe. "The tragic events in Brussels have led to a flight-to-quality, which we are seeing in the bond markets," said Nick Stamenkovic, a bond...

  • LONDON, March 22- Euro zone yields fell on Tuesday as explosions in Brussels firmed demand for safe haven bonds amid fears the incident could be the latest in a number of militant attacks in Europe. Yields across the region, which move inversely to prices, were 1-3 basis points lower with top-rated German debt seeing the biggest falls after reports of explosions...

  • TOKYO, March 22- Japanese government bond prices gained on Tuesday, with the 30- year yield reaching a new record low, as investors reinvested proceeds from maturing debt back into the market. June 10- year JGB futures nudged up 0.02 point to 151.73. The 30- year yield touched a life-time low of 0.455 percent.

  • SHANGHAI, March 22- China stocks fell on Tuesday as the market weighed new guidelines on pension products and recent comments by the central bank governor that some short-term speculative funds may be leaving the country. China CSI300 stock index futures for April fell 0.3 percent, to 3,198.2, or 24.92 points below the current value of the underlying index.