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AIRSHOW-CFM to announce AirAsia engine order-sources
PARIS, June 19 | Wed Jun 19, 2013 2:43am EDT PARIS, June 19 (Reuters) - Aircraft engine maker CFM International is expected to announce on Wednesday that it has won orders to power 100 Airbus A320 planes for AirAsia, industry sources said. The orders for 200 engines, worth more than 1 billion dollars, will be a combination of current-generation CFM56-5B engines and next-generation LEAP ...
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BRIEF-ING offers to buy back government guaranteed bonds
AMSTERDAM, June 19 | Wed Jun 19, 2013 2:32am EDT AMSTERDAM, June 19 (Reuters) - ING Groep NV : * Ing group : ing announces cash tender offers for government guaranteed notes * Ing - asks to tender any and all of the outstanding notes with a total principal amount outstanding of EUR 4.0 billion * Ing - also has tender offer for certain of ing bank's US ...
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Investors show interest in bonds
South African government bonds that protect against inflation are regaining investor favour, after demand came up short at a sale last month, as the rand – close to a four-year low – threatens to speed up consumer price ...
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GLOBAL MARKETS-Asian markets tense before Fed Nikkei outperforms
Wed Jun 19, 2013 2:16am EDT * Asian stocks softer as Fed outcome awaited * Markets hope for clarity on any pullback in Fed stimulus * Nikkei outperforms as softer yen boosts exporters * Major currencies, commodities mostly steady By Ian Chua SYDNEY, June 19 (Reuters) - Japanese stocks rose on Wednesday, thanks to a positive lead from Wall Street and a softer yen, outperforming the rest of Asia ...
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Tropical Depression Two moving over southern Bay of Campeche-NHC
June 19 | Wed Jun 19, 2013 2:15am EDT June 19 (Reuters) - Tropical Depression Two that formed over the northwestern Caribbean Sea was moving over the southern Bay of Campeche, home to key Mexican oil operations, U.S. government forecasters said early Wednesday. The depression was located about 110 miles (175 km) north east of Coatzacoalcos, a major port city in the southern part of ...
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AstraZeneca Bristol diabetes drug fails to show heart benefit
LONDON, June 19 | Wed Jun 19, 2013 2:15am EDT LONDON, June 19 (Reuters) - AstraZeneca and Bristol-Myers Squibb's diabetes drug Onglyza failed to reduce heart risks in a large clinical study. The companies, which jointly sell several diabetes drugs, said on Wednesday the so-called SAVOR trial showed that patients on Onglyza had no fewer adverse cardiovascular events, such as heart ...
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European stock index futures signal slight gains
LONDON, June 19 | Wed Jun 19, 2013 2:11am EDT LONDON, June 19 (Reuters) - European stock index futures pointed to a slightly higher open on Wednesday, with investors positioning for no changes in the U.S. monetary policy and the continuation of stimulus measure for a while longer. At 0608 GMT, futures for Euro STOXX 50, Britain's FTSE 100, Germany's DAX and France's CAC ...
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US Treasury Secretary Upgrades Signature
US Treasury Secretary Jacob Lew has upgraded his famously squiggly signature. Mr Lew's new John Hancock - which will be stamped on all newly printed paper bills - was unveiled by the Treasury Department on Tuesday. It is a marked improvement from the loopy scribble made public a few months ago when he took the post in President Barack Obama's ...
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Poland - Factors to Watch on June 19
Here are news stories, press reports and events to watch which may affect Poland's financial markets on Wednesday. ALL TIMES GMT (Poland: GMT + 2 hours): PENSION REFORM Polish state-guaranteed private pension funds have a negative impact on public finances and their influence on economic growth is disputed due to a potentially low investment effectiveness, finance ministry's Chief ...
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Currencies Dollar slips vs. yen with Fed outlook in sight
LOS ANGELES (MarketWatch) -- The U.S. dollar slipped against the Japanese yen and the euro Wednesday, ahead of highly anticipated guidance from the U.S. Federal Reserve on what it plans to do with its bond-buying ...
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US intelligence director defends surveillance program says plot against Wall Street thwarted
WASHINGTON - The U.S. foiled a plot to bomb the New York Stock Exchange because of the sweeping surveillance programs at the heart of a debate over national security and personal privacy, officials said Tuesday at a rare open hearing on intelligence led by lawmakers sympathetic to the spying. The House Intelligence Committee hearing provided a venue for officials to defend the once-secret ...
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Indias PFC raised 43 bln rupees via dual-tranche bonds
MUMBAI, June 19 | Wed Jun 19, 2013 1:42am EDT MUMBAI, June 19 (Reuters) - India's Power Finance Corp Ltd raised about 43 billion rupees ($731.73 million) through its dual-tranche bond sale, said three sources with direct knowledge of the deal. The firm raised about 12.50 billion rupees in 2-year debt at 8.29 percent and about 30.50 billion rupees in 3-year bonds at 8.27 percent, ...
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UPDATE 2-Japans exports pick up pace give economy momentum in rough markets
* Exports +10.1 pct yr/yr in May vs +6.5 pct forecast * Japan logs trade deficit for 11th straight month * Higher energy costs continue to weigh on trade balance By Kaori Kaneko and Stanley White TOKYO, June 19 (Reuters) - Japan's exports rose in May at the fastest annual rate in more than two years with the help of a weak yen and a moderate pick-up in global demand, boding well for the ...
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A guide to the Federal Reserves events Wednesday
In this Wednesday, May 22, 2013 photo, Federal Reserve Chairman Ben Bernanke testifies on Capitol Hill in Washington. The Federal Reserve ends a policy meeting Wednesday, June 19, 2013. Investors have been nervously speculating that the Fed will soon scale back its economic stimulus and send interest rates up and stock prices down. (AP Photo/Manuel Balce ...
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European Factors to Watch-Shares to open steady focus on Fed
LONDON, June 19 (Reuters) - European shares are expected to open steady on Wednesday, with investors seen avoiding strong bets ahead of the Federal Reserve's meeting that could provide hints about the timing of its move to scale down stimulus. The market's focus will be on Fed Chairman Ben Bernanke's news conference, half an hour after the central bank's post-meeting statement ...
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UPDATE 2-Australian tycoon Tinkler sells out of Whitehaven Coal
Wed Jun 19, 2013 1:13am EDT * Lenders swap Tinkler debt for 20 pct stake in Whitehaven * Hedge fund Farallon becomes top shareholder * Farallon in no rush to sell down stake-source * Coal assets plentiful in weak market-analysts * Whitehaven shares jump 9 pct By Sonali Paul MELBOURNE, June 19 (Reuters) - Australia's Nathan Tinkler has handed his stake in Whitehaven Coal Ltd to lenders to pay ...
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FEATURE-U.S. builders complain they cant find skilled carpenters
By Lucia Mutikani WASHINGTON, June 19 | Wed Jun 19, 2013 12:59am EDT WASHINGTON, June 19 (Reuters) - Where have all the carpenters gone? Home builders across the United States are scratching their heads for an answer as they struggle to assemble crews to keep up with growing demand. In some parts of the country, the shortage of skilled carpenters - especially framers - is so bad that ...
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WRAPUP 1-Fed seen keeping options open on pace of bond buying
Wed Jun 19, 2013 12:59am EDT * No change expected in Fed's bond purchase pace * Fed's inflation language to face scrutiny * Bernanke to stress difference between tapering, tightening By Alister Bull WASHINGTON, June 19 (Reuters) - Federal Reserve policymakers will likely announce on Wednesday that they will keep buying bonds at a monthly pace of $85 billion, while keeping their options ...
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GM says no plans to invest more in struggling PSA
SHANGHAI, June 19 | Wed Jun 19, 2013 12:57am EDT SHANGHAI, June 19 (Reuters) - General Motors Co reiterated on Wednesday that it has no immediate plans to invest further in its struggling European partner PSA Peugeot Citroen , which is cutting 8,000 jobs and closing a domestic plant to stay afloat. "We don't have any intention of investing additional funds into PSA at this ...
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The European currencies and yen are consolidating
The appetite for risk is limited by the Fed meeting ending later on Wednesday. The equity markets have been in a seesaw recently while trying to gauge the Fed's pace of tempering its quantitative easing. The European currencies and yen are consolidating, and the commodity currencies are trading lower, essentially preserving Tuesday's pattern. The Asian stock markets are rising in line ...
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REFILE-FOREX-Dollar edges down vs yen as Fed Bernanke awaited
* Market seeks clarity on Fed's next policy step * Aussie in the crosshairs against US dollar, euro By Lisa Twaronite and Wayne Cole TOKYO/SYDNEY, June 19 (Reuters) - The dollar drifted lower against the yen in Asia on Wednesday but major currency moves were small as investors waited the outcome of the Federal Reserve's policy meeting and hoped for some clear signals on the future of ...
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Rhode Island on track to make payment on 38 Studios bonds
Reuters © Former MLB player Curt Schilling talks with a reporter at the Electronic Entertainment Expo, or E3, in Los Angeles, California June 9, 2011. REUTERS/David ...
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Wall Street opens higher boosted by New York manufacturing data
U.S. stocks opened broadly higher Monday, as investors awaited Wednesdays Fed policy meeting, with increasing confidence that the Fed wont start tapering in super-easy ...
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Wall Street close in green ahead of the Feds meeting tomorrow
U.S. stocks closed higher Tuesday after U.S. housing starts and consumer inflation rose below estimates last month as investors await the end of the Federal Open Market Committee meeting ...
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EU shares rose ahead of the Federal Reserve decision
The European Union saw its market opening and closing the day in green to actually rebound from their longest streak of weekly losses in 14 months as investors awaited this week’s Federal Reserve meeting for signs on the pace of stimulus ...
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