Finance news

• U.S.-based stock funds attract record $36.5 billion inflows in week: Lipper

  26-12-2014 23:50
  NEW YORK (Reuters) - Investors in U.S.-based funds poured $36.5 billion into stock funds in the week ended Dec. 24, marking the biggest inflows on record, data from Thomson Reuters' Lipper service...
  
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• UPDATE 3-Mourners gather for slain New York policeman

  26-12-2014 23:42
  (Adds lengthening of mourners' line, well-known attendees, other details)
  
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• US stocks at records as Santa rally persists

  26-12-2014 23:40 via news.yahoo.com
  
  The "Santa Claus rally" kept rolling on Wall Street this week, picking up momentum from an outstanding US GDP report that lifted the market to new records. For the week, the Dow Jones Industrial Average gained 248.91 points (1.40 percent) to 18,053.71. Hugh Johnson, head of Hugh Johnson Advisors, said he was heartened by gains in sectors linked to economic growth, like consumer discretionary spending and industrials.
  
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• U.S.-based stock funds attract record $36.5 bln inflows in week -Lipper

  26-12-2014 23:36
  NEW YORK, Dec 26 (Reuters) - Investors in U.S.-based funds poured $36.5 billion into stock funds in the week ended Dec. 24, marking the biggest inflows on record, data from Thomson Reuters' Lipper...
  
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• Court allows Aereo to auction TV streaming technology assets

  26-12-2014 23:14
  Dec 26 (Reuters) - A bankruptcy court has allowed defunct
  video streaming company Aereo Inc to auction its TV streaming
  technology assets, according to court papers published on
  Friday.
  
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• Mexico's Pemex oil output holds steady in November, exports up

  26-12-2014 23:14
  MEXICO CITY, Dec 26 (Reuters) - Mexico's state-run oil company Pemex said on Friday its crude oil production held steady in November from the previous month at 2.363 million barrels per day (bpd),...
  
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• US stocks close higher, extending gains for the week

  26-12-2014 22:47 via news.yahoo.com
  
  Wall Street's "Santa Claus" rally kept delivering gifts a day after Christmas.
  
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• GLOBAL MARKETS-Shares rise in thin post-holiday trade; oil, natural gas slip

  26-12-2014 22:40
  * Dollar hovers near multi-year highs (Updates to close of U.S. stock and bond markets, adds analyst comment)
  
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• Wall Street weekahead: Big questions for markets for 2015

  26-12-2014 22:30 via news.yahoo.com
  
  By Sinead Carew REUTERS - Wall Street was generally calmer in 2014 than in previous years, but that doesn't mean the stock market was devoid of drama. Big selloffs in biotechnology and social media stocks had strategists predicting doom in the spring, and the plunge in oil prices has clouded the outlook for the coming year. It was a year when Cynk Technology, a development-stage company with no revenue, was briefly worth $6 billion, and when a long-forgotten closed-end fund focused on Cuba
  
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• US STOCKS-Wall St ends at record in second straight weekly gain

  26-12-2014 22:22
  * Markets up for 2nd straight week; Dow, S&P end at records
  
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• WALL ST WEEK AHEAD-Big questions for markets for 2015

  26-12-2014 22:17
  Dec 26 (Reuters) - Wall Street was generally calmer in 2014 than in previous years, but that doesn't mean the stock market was devoid of drama.
  
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• In 2014, US economy began shaky, finished strong

  26-12-2014 22:13 via news.yahoo.com
  
  WASHINGTON (AP) — The U.S. economy flexed its old muscles in 2014.
  
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• Mexico's Penoles agrees to pay $75 million in tax dispute

  26-12-2014 22:08
  MEXICO CITY, Dec 26 (Reuters) - Industrias Penoles , a Mexican miner and metals processor, said on Friday it had agreed to pay Mexico's tax office about 1.1 billion pesos ($75 million) to settle a...
  
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• Wall Street ends at record in second straight weekly gain

  26-12-2014 22:07 via news.yahoo.com
  
  NEW YORK (Reuters) - U.S. stocks ended higher on Friday, with both the Dow and S&P 500 closing at records in a broad rally, though trading was light with many market participants still out for the Christmas holiday. The Dow Jones industrial average rose 25.17 points, or 0.14 percent, to 18,055.38, the S&P 500 gained 6.92 points, or 0.33 percent, to 2,088.8 and the Nasdaq Composite added 33.39 points, or 0.7 percent, to 4,806.86. For the week, the Dow was up 1.4 percent, the S&P rose
  
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• US STOCKS SNAPSHOT-Wall St ends at record in second straight weekly gain

  26-12-2014 22:03
  NEW YORK, Dec 26 (Reuters) - U.S. stocks ended higher on Friday, with both the Dow and S&P 500 closing at records in a broad rally, though trading was light with many market participants still out...
  
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• WRAPUP 2-Kiev, rebels exchange POWs; trains, buses to Crimea suspended

  26-12-2014 22:00
  (Adds presidential spokesman comments, paragraph 7; updates prisoner totals, paragraph 2)
  
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• Jolie's 'Unbroken' sprints to front of Christmas Day box office

  26-12-2014 21:56
  LOS ANGELES, Dec 26 (Reuters) - Director Angelina Jolie's World War II drama "Unbroken" finished first at the Christmas Day box office in its debut and edged out another new film for the holiday...
  
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• In 2014, US economy showed increasing resilience

  26-12-2014 21:41 via news.yahoo.com
  
  WASHINGTON (AP) — The U.S. economy flexed its old muscles in 2014.
  
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• UPDATE 10-Oil declines amid stronger dollar, crude oversupply in U.S.

  26-12-2014 21:14
  * Libyan output just 352,000 bpd, storage tank fire spreads
  
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• TREASURIES-Prices recover after selloff, yield curve flattens

  26-12-2014 20:41
  (Updates prices) * Prices gain in light trading, no market-moving events * Five-year, thirty-year curve flattest since mid-2008 * U.S., German five-year yield spread widest since 1999 By Karen...
  
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• Spain PM promises economy will 'take off' in 2015

  26-12-2014 20:29 via news.yahoo.com
  
  Spain's Prime Minister Mariano Rajoy promised Friday the country's economy would "take off" again in 2015, but opponents branded his optimism "indecent" with many Spaniards still suffering from cutbacks. After a gradual return to growth, "2014 has been the year of recovery and 2015 will be the year when our economy really takes off," Rajoy told a news conference. The new left-wing anti-austerity party Podemos has overtaken Rajoy's conservative Popular
  
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• Brazil's Christmas shoppers pull back in weak economy

  26-12-2014 20:25
  SAO PAULO, Dec 26 (Reuters) - Brazilians cut down on Christmas spending this year as the weak economy depressed consumer confidence, data released on Friday showed.
  
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• U.S. Fed awards $41.49 bln reverse repos Friday

  26-12-2014 20:11
  NEW YORK, Dec 26 (Reuters) - The U.S. Federal Reserve on Friday awarded $41.49 billion of three-day, fixed-rate reverse repurchase agreements to 33 bidders at an interest rate of 0.05 percent, the...
  
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• UPDATE 5-Russia forecasts economic slump as bailed-out bank gets more funds

  26-12-2014 19:46
  * Central bank to lend over $2 bln to bailed-out Trust bank
  
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• Russian economy minister sees inflation at 10 pct by end of 2015

  26-12-2014 19:09 via news.yahoo.com
  
  MOSCOW (Reuters) - Russian Economy Minister Alexei Ulyukayev sees inflation at 10 percent by the end of next year, he told Rossiya 24 television on Friday, as the rouble crisis persists.
  
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• Wall St hits records in broad rally, volume light

  26-12-2014 18:50 via news.yahoo.com
  
  By Ryan Vlastelica NEW YORK (Reuters) - U.S. stocks rose on Friday, with major indexes hitting records and on track for a second straight weekly advance, though trading was light with many traders still out for the Christmas holiday. The day's gain was broad, with all 10 S&P 500 industry sectors higher on the day. The advance continued Wall Street's recent upward bias, with the S&P up about 6 percent from a recent closing low hit earlier this month. ...
  
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• BRIEF-Spain says net debt issuance to be 55 bln euros in 2015

  26-12-2014 18:16
  * Says net debt issuance to be 55 billion euros ($66.96 billion) in 2015
  
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• UPDATE 2-Visa, MasterCard stop supporting bank cards in Crimea

  26-12-2014 18:00
  MOSCOW, Dec 26 (Reuters) - The world's two largest credit and debit card companies, Visa Inc and MasterCard Inc , said on Friday they could no longer support bank cards being used in Crimea,...
  
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• Albania hikes electricity prices to help power company pay debts

  26-12-2014 17:56
  TIRANA, Dec 26 (Reuters) - Albania's power regulator ERE raised the price of electricity for businesses and scrapped its cheaper rate for households on Friday to help companies in the sector pay off...
  
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• Bursa likely to stage mild follow-through rebound

  26-12-2014 17:14 via news.yahoo.com
  
  FOLLOW-THROUGH technical rebound on the Wall Street and regional stock markets provided the impetus for the local bourse to rebound in tandem.
  
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• Wall St hits records in broad, thinly traded rally

  26-12-2014 17:08 via news.yahoo.com
  
  By Ryan Vlastelica NEW YORK (Reuters) - U.S. stocks rose on Friday, with major indexes hitting records and on track for a second straight weekly advance, though trading was light with many traders still out for the Christmas holiday. The day's gain was broad, with all 10 S&P 500 industry sectors higher on the day. The advance continued Wall Street's recent upward bias, with the S&P up about 6 percent from a recent closing low hit earlier this month. ...
  
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• US open: S&P 500 and Dow Jones Industrials hit intra-day records

  26-12-2014 17:01 via news.yahoo.com
  
  The main US equity gauges continued to glide higher, albeit on very light trading volumes, as is commonplace at this time of year and with just a handful of trading sessions left until the end of 2014....
  
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• US stocks rise; Dow up for 7th straight session

  26-12-2014 16:56 via news.yahoo.com
  
  New York (AFP) - Wall Street stocks Friday rose in early trade as the positive momentum from this week's US economic growth report lifted the market higher.
  
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• Russia c.bank to offer 1.1 trln roubles at credit auction on Jan 12

  26-12-2014 16:53
  MOSCOW, Dec 26 (Reuters) - Russia's central bank said on Friday it would provide up to 1.1 trillion roubles ($20.4 billion) at a three-month credit auction secured by non-marketable assets on Jan....
  
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• U.S. holiday sales show steady growth - MasterCard

  26-12-2014 16:30
  Dec 26 (Reuters) - The 2014 holiday season showed steady growth over the last year on strong demand for jewelry and women's apparel, according to data published by MasterCard Advisors SpendingPulse,...
  
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• Visa says can't support bank cards in Crimea due to U.S. sanctions

  26-12-2014 16:28
  MOSCOW, Dec 26 (Reuters) - International credit and debit card company Visa Inc said on Friday it could no longer support bank cards being used in Crimea, following U.S. sanctions imposed earlier...
  
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• Wall St at records, on track for 2nd straight weekly gain

  26-12-2014 16:11 via news.yahoo.com
  
  By Ryan Vlastelica NEW YORK (Reuters) - U.S. stocks rose on Friday, with major indexes hitting new records and on track for a second straight weekly advance, though trading was light with many traders still out for the Christmas holiday. The day's move was broad, with all 10 S&P 500 industry sectors higher on the day. The advance continued Wall Street's recent upward bias, with the S&P up about 6 percent from a recent closing low hit earlier this month. ...
  
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• UPDATE 1-Russia's new military doctrine names NATO as key risk

  26-12-2014 15:46
  MOSCOW, Dec 26 (Reuters) - Russian President Vladimir Putin has signed a new military doctrine, naming NATO expansion among key external risks, the Kremlin said on Friday, days after Ukraine made...
  
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• EMERGING MARKETS-Brazil Bovespa drops with Petrobras; real gains

  26-12-2014 15:36
  SAO PAULO, Dec 26 (Reuters) - Shares of Brazil's state-run oil company Petroleo Brasileiro SA drove the benchmark Bovespa index lower on Friday, while the Brazilian real posted gains in a thin...
  
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• Russia forecasts economic slump as bailed-out bank gets more funds

  26-12-2014 15:08 via news.yahoo.com
  
  By Darya Korsunskaya and Vladimir Abramov MOSCOW (Reuters) - Slumping oil prices have put Russia's economy on course for a sharp recession next year, its finance minister said on Friday, as authorities scaled up their bailout for the first bank to succumb to the recent rouble crisis. The economy is slowing sharply as Western sanctions over the Ukraine crisis deter foreign investment and spur capital flight, and as a slump in oil prices severely reduces Russia's export revenues and pumm
  
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• Spain premier announces modest minimum wage raise

  26-12-2014 14:54 via news.yahoo.com
  
  MADRID (AP) — Spain's prime minister has announced minimal increases to the minimum wage and for government-funded pensions and predicted the nation's economy will "take off" in 2015 following years of crushing financial pain.
  
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• Russia's Putin signs new military doctrine

  26-12-2014 14:08
  MOSCOW, Dec 26 (Reuters) - Russian President Vladimir Putin has signed a new military doctrine, the Kremlin said in a statement on Friday.
  
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• Russia gears up for sharp slump as bailed-out bank gets more funds

  26-12-2014 13:55 via news.yahoo.com
  
  By Darya Korsunskaya and Vladimir Abramov MOSCOW (Reuters) - Slumping oil prices have put Russia's economy on course for a sharp recession next year, its finance minister said on Friday, as authorities scaled up the bailout of the first bank to succumb to the country's currency crisis. Russia's economy is slowing sharply as Western sanctions over the Ukraine crisis deter foreign investment and spur capital flight, and as a sharp slump in oil prices severely reduces Russia's e
  
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• Russia's FinMin to offer $3 bln at fx deposit auction

  26-12-2014 13:32
  MOSCOW, Dec 26 (Reuters) - Russia's Finance Ministry will offer $3 billion at a forex deposit auction on Dec. 29 for 28 days, the Treasury said on Friday.
  
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• Russia's ruble ends 5-day rally, drops 4 percent

  26-12-2014 12:45 via news.yahoo.com
  
  MOSCOW (AP) — The Russian currency has ended its five-day rally and declined 4 percent as the markets remain jittery over the outlook of the Russian economy.
  
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• Sri Lankan stocks rise to 5-wk closing high in thin trade

  26-12-2014 12:44
  COLOMBO, Dec 26 (Reuters) - Sri Lankan stocks closed at its highest in five weeks Friday in thin trading, led by large caps such as Ceylon Tobacco Company Plc even as investors stayed away amid...
  
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• Japan shortlists Macquarie, Changi for Kansai airport concession

  26-12-2014 12:34
  TOKYO, Dec 26 (Reuters) - New Kansai International Airport Co said on Friday it shortlisted 20 bidders for a multi-billion-dollar concession to run Japan's fifth-busiest passenger airport for 44...
  
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• Russia's Finance Minister sees economy shrinking 4 percent in 2015

  26-12-2014 12:34 via news.yahoo.com
  
  MOSCOW (Reuters) - Finance Minister Anton Siluanov said on Friday that the Russian economy could contract by 4 percent next year and that the budget could have a deficit of more than 3 percent of gross domestic product if oil prices average $60 a barrel. Siluanov also told journalists that his ministry had recalculated its budget forecasts to take into account oil prices at $60 a barrel and that he expected the ruble's average exchange rate to be around 51 rubles per dollar in 2015. He adde
  
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• Russia's FinMin sees economy shrinking 4 pct in 2015

  26-12-2014 12:30
  MOSCOW, Dec 26 (Reuters) - Finance Minister Anton Siluanov said on Friday that the Russian economy could contract by 4 percent next year and that the budget could have a deficit of more than 3...
  
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• SE Asia Stocks-Malaysia posts best week since May 2013

  26-12-2014 12:24
  BANGKOK, Dec 26 (Reuters) - Malaysia's key index hit a more than two-week high on Friday, marking the best weekly gain in 19 months, as inflows from domestic institutions lifted large caps while the...
  
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