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Investing Securities

  • Leon Cooperman

    The SEC announced it is pursuing insider trading charges Wednesday against billionaire hedge fund manager Leon Cooperman and his firm Omega Advisors.

  • NEW YORK, Sept 21- Global stock indexes rose and the dollar fell to its lowest against the yen in nearly a month on Wednesday after the Bank of Japan overhauled its monetary policy to target interest rates and ahead of a Federal Reserve decision later in the day. The Fed will announce its policy decision at 2 p.m. EST. "The BOJ made some dovish comments and that has given...

  • Japan still accounted for 63 percent of the total sovereign debt in negative yield territory, but the amount of Japanese government bonds trading at negative yields fell by $1.0 trillion from June 27 to $6.9 trillion. France, Germany, and Italy are the next largest contributors to the pool of global negative yielding sovereign debt with $1.1 trillion, $1.0...

  • *Yields climb earlier as BOJ changes policy stance. NEW YORK, Sept 21- U.S. It held its policy rate at -0.10 percent and left its annual asset purchase at 80 trillion yen.

  • By John Geddie and Dhara Ranasinghe. LONDON, Sept 21- Long-term euro zone bond yields rose and curves steepened on Wednesday after the Bank of Japan set a long-term rate target and "curve controls" in a move seen as a shift away from money-printing. "We had the initial market impact to the shift in policy and now there's a question over whether that shift can have the...

  • *Equities mostly track rebound in Western Europe, Asia. BUDAPEST/ WARSAW, Sept 21- Equities in Central Europe rebounded on Wednesday, except in Poland where continuing concerns over a possible constitutional crisis weighed on the country's assets. On Tuesday the forint weakened because Hungary's central bank eased policy, capping the year-end level of funds...

  • Japan still accounted for 63 percent of the total sovereign debt in negative yield territory, but the amount of Japanese government bonds trading at negative yields fell by $1.0 trillion from June 27 to $6.9 trillion. France, Germany, and Italy are the next largest contributors to the pool of global negative yielding sovereign debt with $1.1 trillion, $1.0...

  • LONDON, Sept 21- World stocks rose on Wednesday, led by a surge in bank shares, after the Bank of Japan overhauled its monetary policy to target interest rates, though the yen recovered initial losses against the dollar on skepticism those moves would stoke inflation. Expectations of a rate increase have all but evaporated after some weak economic data, and Wall...

  • LONDON, Sept 21- Long-term euro zone bond yields initially rose and curves steepened on Wednesday after the Bank of Japan set a long-term rate target and "curve controls" in a move seen as a shift away from money-printing. "We had the initial market impact to the shift in policy and now there's a question over whether that shift can have the desired impact," said...

  • Sept 21- U.S. stock index futures were higher on Wednesday as investors shifted their focus to the Federal Reserve after the Bank of Japan announced a massive overhaul of its monetary policy. *Also supporting futures was a 2 percent rally in oil prices spurred by a surprise drop in U.S. crude inventories and a strike by oil workers in Norway which could affect...

  • TOKYO, Sept 21- The Bank of Japan made an abrupt shift on Wednesday to targeting interest rates on government bonds to achieve its elusive inflation target, after years of massive money printing failed to jolt the economy out of decades-long stagnation. "The impression is that the BOJ is starting to pull back some of its troops from the battlefront," said...

  • TOKYO, Sept 21- The Bank of Japan overhauled its monetary policy framework on Wednesday, switching to targeting interest rates and the shape of the government bond yield curve from its previous policy of targeting base money. The following is a look at what is new and what has changed:. The new centrepiece of the BOJ's monetary policy is controlling the shape of the...

  • LONDON/ SAO PAULO, Sept 21- Eldorado may offer a cautionary tale for investing in Brazilian bonds, yet a 20 percent fall in the pulpmaker's debt since it borrowed $350 million in June has not reduced appetite for the country's corporate credit. Investors in Eldorado's bonds were caught out by the country-wide corruption probe which spread to the company and its...

  • *US dollar hits one-week high of 102.79 yen. SINGAPORE, Sept 21- The Bank of Japan's monetary policy reboot on Wednesday was met with a rising dollar, tepid Asian stock markets and a broad uptick in bond yields, indicating investors struggled for clarity on what the changes mean for global risk appetite. "The measures don't add a lot of stimulus into the system," said...

  • *Markets surprised by 10- year bond yield target. TOKYO, Sept 21- Japanese government bond yields rose on Wednesday after the Bank of Japan surprised markets by introducing an explicit target for the 10- year bond yield around zero percent as it overhauled the framework of its stimulus. The surprise announcement caused volatile trading as investors scratched...

  • *Dollar/ yen +0.3 pct, euro/ yen +0.5 pct. LONDON, Sept 21- World stocks rose on Wednesday, led by a surge in bank shares, while the yen weakened after the Bank of Japan surprised markets by adopting a target for long-term interest rates. Europe's STOXX 600 was up 1 percent in early trading with euro zone banking shares up nearly 3 percent and poised for their best day in...

  • *Japan stocks lift Asia after BOJ overhauls policy. HONG KONG, Sept 21- Japanese stocks rallied and lifted Asian equities on Wednesday, while the yen weakened after the Bank of Japan surprised markets by adopting a target for long-term interest rates in an overhaul of its massive monetary stimulus program. Financial markets gave the announcement an initial...

  • TOKYO, Sept 21- The Bank of Japan added a long-term interest rate target to its massive asset-buying programme on Wednesday, overhauling its policy framework and recommitting to reaching its 2 percent inflation target as quickly as possible. The BOJ said it would continue to buy long-term government bonds at a pace that ensures its holdings increase by 80...

  • *Rich margins crimped by changes to market structure. LONDON/ NEW YORK, Sept 21- Home to trillions of dollars of global wealth, mutual fund firms face an unfamiliar round of belt-tightening as changes in the way people invest and rising costs chip away at rich margins. "Strong inflows over a number of years have mitigated the need to make hard, cost-cutting decisions,"...

  • TOKYO, Sept 21- Japanese government bond yields rose on Wednesday after the Bank of Japan surprised markets by saying it would aim to guide the 10- year bond yield to around zero percent as part of an overhaul of its policy framework. The benchmark 10- year JGB yield rose to as high as plus 0.005 percent, rising to a positive level for the first time since mid-March.