LONDON, June 26- The dollar rose on Wednesday as expectations dwindled for aggressive cuts in U.S. interest rates after comments by Federal Reserve officials. Fed Chairman Jerome Powell stressed the central bank's independence from U.S. Louis Fed President James Bullard, considered one of the most dovish U.S. central bankers, surprised some investors by...
SINGAPORE, June 26- Chicago corn and soybean futures slid on Wednesday with prices weighed down by forecasts of dry weather in parts of the U.S. The most-active corn contract on the Chicago Board Of Trade was down 0.6% at $4.45 a bushel, as of 0334 GMT, soybeans lost 0.6% to $8.98-1/ 2 a bushel and wheat gave up 0.3% at $5.38-1/ 4 a bushel. The USDA also rated 56% of the U.S....
*UK's FCA, Italian central bank call for more information. LONDON/ ZUG, Switzerland, June 25- Facebook's fledgling cryptocurrency faced mounting scrutiny on Tuesday as European central bankers and regulators demanded more detail on the social media giant's Libra project. "They are not going to walk through authorisation without that," Andrew Bailey, chief...
FACEBOOK SAYS IT ROLLS OUT TRANSPARENCY ENFORCEMENT ON POLITICAL ADS IN CANADA AND UKRAINE.
The hackers also used tools linked to other attacks attributed to Beijing by the United States and its Western allies, said Lior Div, chief executive of Cybereason. Div later presented a step-by-step breakdown of the breach at a cybersecurity conference in Tel Aviv in the same session that the heads of U.S. and British cyber intelligence units and the head of...
LONDON, June 25- Global green bond issuance has surpassed the $100 billion mark already this year, the first time the milestone has been reached in the first half of this year, the Climate Bonds Initiative said on Tuesday. Issuance has now reached $100 billion three times- the last time was in Sept. 2018. So far this year, the largest corporate bonds issued have been by...
PARIS, June 25- French and Ugandan campaign groups including Friends of the Earth have filed a legal notification with Total, claiming it has failed to address the human and environmental impact of its Ugandan operations as required by French law. A spokeswoman said Total was waiting to receive the group's full notification before commenting, and said Friends...
*UK's FCA, Italian central bank call for more information. LONDON/ ZUG, Switzerland, June 25- Facebook's fledgling cryptocurrency faced mounting scrutiny on Tuesday as European central bankers and regulators demanded more detail on the social media giant's Libra project. "They are not going to walk through authorisation without that," Andrew Bailey, chief...
LONDON, June 25- Boris Johnson, the favourite to become British prime minister, said he was prepared to lead Britain out of the European Union without a deal on Oct. 31 and said any EU attempt to impose trade tariffs would be akin to a Napoleonic-era blockade. "My pledge is to come out of the EU at Halloween on 31 October," Johnson, 55, told BBC TV, adding that there were "...
LONDON, June 25- German government bond yields fell to a record low on Tuesday before a speech by Federal Reserve chief Jerome Powell, who is coming under strong pressure from U.S. As major central banks around the world trend towards looser monetary policy- the European Central Bank said last week it might cut rates and restart money printing, prompting the rally...
*Ex-PM Brown: unity of United Kingdom under threat. LONDON, June 25- Boris Johnson, the favourite to become British prime minister, said he was prepared to lead Britain out of the European Union without a deal on Oct. 31 and said any EU attempt to impose trade tariffs would be akin to a Napoleonic-era blockade. "My pledge is to come out of the EU at Halloween on 31 October,"...
LONDON, June 25- Dollar weakness allowed the pound to briefly scale a one-month high on Tuesday, though the risk of no-deal Brexit stemming from the Conservative Party leadership contest kept the currency hemmed into a narrow trading range. But many traders are increasingly concerned that the favourite to replace Prime Minister Theresa May- the eurosceptic...
LONDON, June 25- Global green bond issuance has surpassed the $100 billion mark already this year, the first time the milestone has been reached in the first half of this year, the Climate Bonds Initiative said on Tuesday. Issuance has now reached $100 billion three times- the last time was in Sept. 2018. So far this year, the largest corporate bonds issued have been by...
LONDON, June 25- The U.S. dollar fell to a three-month low against the euro and dropped to its weakest against the Japanese yen since early January as the prospect of monetary easing by the Federal Reserve knocked demand for the U.S. currency. The euro hit a three-month high of $1.1412, having gained 2.0% from a two-week low of $1.1181 touched a week ago.
By Amy Caren Daniel and Medha Singh. June 25- The multi-billion euro merger of two of Europe's big business consultancies capped losses for its major stock markets on Tuesday as Middle East tensions and doubts about the chances of progress in U.S- China trade talks this week weighed on sentiment. President Donald Trump targeted Supreme Leader Ayatollah Ali...
LONDON, June 25- Boris Johnson, the favourite to become British prime minister, said he will seek a new Brexit deal with the European Union but if the bloc refuses his demands then he will lead the world's fifth largest economy out without agreement on Oct. 31. The United Kingdom's three-year Brexit crisis could be about to deepen as Johnson's pledge to leave the EU...
LONDON, June 24- Seeking to regain momentum in his bid to become the next prime minister of Britain, Boris Johnson said on Monday he was seriously prepared to take the country out of the European Union in October even if a deal with the bloc had not been reached. The former London mayor is still the frontrunner in the race to succeed Theresa May but his lead had been...
*U.S.- Iran tension underpins safe-haven support for yen. *Bitcoin breaks $11,000 for first time since March 2018. Federal Reserve may lower interest rates more than once this year, while tensions between Iran and the United States provided safe-haven support for the yen.
NEW YORK/ LONDON, June 24- Raw sugar futures on ICE inched higher after dipping to a two-week low on Monday with dealers focused on the expiry of the July contract later in the week, while arabica coffee prices jumped. *July raw sugar settled up 0.05 cent, or 0.4%, at 12.27 cents per lb after setting a more than two-week low of 12.11 cents. *September arabica coffee settled...
The move followed the EU not extending stock market equivalence to Switzerland after Brussels grew frustrated with Swiss foot-dragging over the long-discussed agreement. Bern said in response it would withdraw recognition from trading venues in the EU from July 1 to "protect the Swiss stock exchange infrastructure in the event of non-extension".
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