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Investing Securities

  • MOSCOW, Sept 22- Demand for a top-up sovereign Eurobond launched by Russia on Thursday exceeded $7.5 billion, a financial market source told Interfax, adding the top-up was priced at 106.75 percent of par.

  • LAGOS, Sept 22- Lafarge Africa said on Thursday it has raised 60 billion naira by issuing three and five-year bonds through book building. The cement and clinker mixer said in April that it was marketing the bond to refinance some dollar-denominated debt at subsidiary United Company of Nigeria, which it bought a year ago. Short-term bank rates have risen in...

  • *Longer-dated U.S. yields fall to two-week lows. *U.S. to sell $11 bln 10- year TIPS at 1700 GMT. NEW YORK, Sept 22- U.S.

  • HONG KONG, Sept 22- One of China's interbank market supervisory bodies has approved the launch of credit default swaps, two sources with direct knowledge of the matter told Reuters on Thursday, signifying another step forward towards helping firms hedge rising risks in the country's corporate bond market. The National Association of Financial Market...

  • MOSCOW, Sept 22- Demand for Russia's Eurobond top up has exceeded $3 billion, sources in the financial sector told Reuters on Thursday.

  • HONG KONG, Sept 22- One of China's interbank market supervisory bodies has approved the launch of credit default swaps, two sources with direct knowledge of the matter told Reuters on Thursday, signifying another step forward towards helping firms hedge rising risks in the country's corporate bond market. The National Association of Financial Market...

  • MOSCOW, Sept 22- Russia's plan to top up its sovereign Eurobond issue, raising an additional $1.25 billion, is not linked to the government's privatisation programme, Russian Economy Minister Alexei Ulyukayev said on Thursday. The privatisation of a stake in Russia's top oil producer Rosneft is possible before the end of this year, Ulyukayev added.

  • MOSCOW, Sept 22- Russia's plan to top up its sovereign Eurobond issue, raising an additional $1.25 billion, is not linked to the government's privatization program, Russian Economy Minister Alexei Ulyukayev said on Thursday. The privatization of a stake in Russia's top oil producer Rosneft is possible before the end of this year, Ulyukayev added.

  • *S&P 500 gains 1.1 percent after Fed decision. NEW YORK, Sept 21- U.S. stocks rallied and the dollar index eased further on Wednesday after the Federal Reserve left U.S. interest rates unchanged, keeping its low-rate environment intact for now. And you could argue the market was satisfied that you didn't see a Fed anxious to raise rates dramatically, "said Quincy...

  • NEW YORK, Sept 21- U.S. "While the case for a rate increase has strengthened, they are not ready to raise rates yet," said Julien Scholnick, portfolio manager at Western Asset Management Co in Pasadena, California. Fed Chair Janet Yellen underscored the cautious approach of most of the central bank's policy-makers.

  • NEW YORK, Sept 21- American Dream, New Jersey's long-stalled mega-mall and entertainment complex, faces a renewed legal challenge from a nonprofit group seeking to block $1.15 billion in tax-exempt financing that developers say they need to finish the project. The New Jersey Alliance for Fiscal Integrity on Wednesday revised an appeal it now has before state...

  • *Fed signals could tighten policy by year end. NEW YORK, Sept 21- U.S. stocks gained and the dollar index eased on Wednesday after the U.S. The body language makes it sound like they're warming people up for December, "said Stephen Massocca, chief investment officer, Wedbush Equity Management in San Francisco.

  • NEW YORK, Sept 21- Investors retreated from U.S.-based funds as stocks and bonds slid, pulling the most cash in the latest week since the British vote to quit the European Union, Investment Company Institute data showed on Wednesday. The mutual funds and exchange-traded funds shed $4.1 billion overall in the week through Sept. 14, the trade group said, as stocks and...

  • 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...

  • 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...