Investing Securities

  • TOKYO, March 15- The Bank of Japan said on Tuesday it would maintain its massive asset buying program at existing levels but offered a bleaker view of the economy, suggesting it may roll out more stimulus as it struggles to reach an elusive inflation target. The BOJ also widened exemptions to its new negative rate policy to include $90 billion in short-term funds...

  • TOKYO, March 15- Japanese government bond prices slipped on Tuesday after the Bank of Japan refrained from further monetary easing, preferring to spend more time gauging the impact on the economy of its decision in January to adopt negative interest rates. It has climbed steadily from a record low of minus 0.100 percent following last week's shock statement by...

  • SEOUL, March 15- South Korea's competition watchdog said it had fined HSBC Holdings Plc's Hong Kong unit and Deutsche Bank AG a combined 59 million won for colluding on foreign exchange swap bids- its first-ever penalty for an FX derivatives-related case. Officials at the banks agreed to avoid competition and alternately win four rounds of bidding for a...

  • TOKYO, March 15- Asian stock markets were tentative on Tuesday as they braced for a run of policy announcements from the world's major central banks this week, with all eyes on the Bank of Japan's meeting later in the day after it stunned markets in January by adopting negative rates. MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.1 percent...

  • March 14- Iron ore producer Cliffs Natural Resources Inc's bondholders are suing the company over a bond exchange offer in January that was prompted by falling commodity prices, and aimed at reducing the company's debt. The plaintiffs allege that Cliffs only favored larger bondholders to participate in the offering, while reducing the value of notes of...

  • NEW YORK, March 14- U.S. Benchmark 10- year yields hit a five-week high on Friday, capping broad gains on the back of the European Central Bank's suite of stimulus measures to revive a slumping euro zone economy. Kim Rupert, managing director of global fixed income at Action Economics in San Francisco, said the market may be overpricing the prospect of interest rate...

  • March 14- Three American International Group Inc units will pay more than $9.5 million to settle allegations that they steered clients toward more expensive mutual fund share classes in order to collect more fees, U.S. securities regulators said on Monday. The units, Royal Alliance Associates, Sagepoint Financial, and FSC Securities Corp, together collected...

  • CAIRO, March 14- Egypt's 5- year and 10- year treasury bond yields jumped at Monday's auction, data from the central bank showed, hours after the central bank devalued the pound in a special foreign currency auction, as bankers expect an imminent rate hike. Egypt's central bank devalued the pound on Monday and said it would move to a more flexible exchange rate...

  • NEW YORK, March 14- U.S. Benchmark 10- year yields hit a five-week high on Friday, capping broad gains on the back of the European Central Bank's suite of stimulus measures to revive a slumping euro zone economy. I don't think there is anything more significant to it than that, "said David Keeble, global head of interest rates strategy at Credit Agricole.

  • LONDON, March 14- Peripheral government bonds led euro zone yields down on Monday, propelled by last week's monetary stimulus from the European Central Bank, which is seen as benefiting southern European economies the most. German bonds, which initially underperformed their peers, were also in focus a day after voters punished Chancellor Angela Merkel's...

  • March 14- U.S. stock index futures were slightly lower on Monday, heading into a busy week that includes the release of a slew of economic data and the U.S. *Crude prices, which have dictated the direction of the stock market this year, fell about 2 percent after Iran quashed hopes of a quick deal by major producers to freeze production. *Wall Street is coming off a strong...

  • LONDON, March 14- Currency markets were off to a relatively quiet start on Monday, stabilising after last week's wild swings, as investors geared up for Japanese and U.S. central bank policy meetings that could offer them fresh direction. There are also interest rate decisions from the Swiss, Australian and Norwegian central banks this week along with the Bank of...

  • LONDON, March 14- Peripheral government bonds led euro zone yields lower on Monday, with German bonds underperforming a day after voters punished Chancellor Angela Merkel's conservatives in three German regional elections. Southern Europe is seen as the main beneficiary of last week's monetary easing from the European Central Bank, pushing bond yields in...

  • TOKYO, March 14- Japanese government bond prices gained on Monday, helped by buyback after a market correction over the last three sessions, and ahead of the Bank of Japan's policy meeting outcome on Tuesday. The 10- year JGB yield fell 3.5 basis points to minus 0.050 percent, slipping from three-week high of plus 0.015 percent touched on Friday.

  • TOKYO, March 14- Bank of Japan officials have been scurrying to commercial banks to explain and apologise for its surprise adoption of negative interest rates in January, while Prime Minister Shinzo Abe has distanced himself from a decision that is proving unpopular with the public. Some officials close to the premier say it could cause a rift in his once close...

  • *Moody's cuts outlook on Hong Kong sovereign credit rating. HONG KONG, March 12- Moody's downgraded its outlook on Hong Kong's sovereign credit rating on Saturday, citing risks from China's growing political influence over the financial hub and linkages with mainland's slowing economy. "Hong Kong's economic and financial linkages with China also give rise to...

  • NEW YORK, March 11- U.S. Treasury yields climbed in volatile trading on Friday as investors bet the U.S. economy is strong enough for an interest rate increase by the Federal Reserve and after the European Central Bank president said he did not anticipate more rate cuts. "What Draghi said yesterday about no more rate hikes drove yields yesterday and overnight," said...

  • NEW YORK, March 11- Many bond investors who benefited from the recent rally in battered energy debt prices are maintaining or seeking to add to their holdings, viewing the rally as the start of a longer-lasting uptrend rather than a blip. Fund managers including MacKay Shields, Thornburg Investment Management and BlueBay Asset Management said they had...

  • NEW YORK, March 11- U.S. Treasury yields rose in choppy trading on Friday as investors bet the U.S. economy is strong enough for the Federal Reserve to raise interest rates this year and after the European Central Bank president said he did not anticipate more rate cuts. "What Draghi said yesterday about no more rate hikes drove yields yesterday and overnight," said...

  • LONDON, March 11- Recent signs of stabilisation in emerging markets may merely be the calm before the storm- a $1.6 trillion debt mountain is due for repayment in the next five years, a steep rise in maturities that could stir fresh trouble. The debt-servicing hump- with annual repayments jumping by more than $100 billion by 2020 compared with 2015- is a result of a...