The logo of Network Ten Pty Ltd which is displayed above the company’s headquarters in Sydney, Australia, April 26, 2017. REUTERS/Steven Saphore Australian television broadcaster Ten Network Ltd (TEN.AX) called in administrators on Wednesday after creditors in... More »
Greek Prime Minister Alexis Tsipras attends a cabinet meeting at the parliament in Athens, Greece June 13, 2017. REUTERS/Costas Baltas Greek Prime Minister Alexis Tsipras has said he is optimistic that a deal paving the way for new loans for Greece will be rea... More »
Jeffrey Gundlach, CEO of DoubleLine Capital, speaks during the Sohn Investment Conference in New York City, U.S., May 8, 2017. REUTERS/Brendan McDermid The lengthy low-risk, low-volatility U.S. financial environment should not be viewed as a “new paradigm,” in... More »
Bill Gross, Portfolio Manager, Janus Capital Group, speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., May 3, 2017. REUTERS/Lucy Nicholson – RTS150R8 Bond investor Bill Gross warned on Tuesday that investors should reduce ... More »
Greek Prime Minister Alexis Tsipras (L) welcomes French Finance Minister Bruno Le Maire at his office in Maximos Mansion in Athens, Greece, June 12, 2017. REUTERS/Costas Baltas Euro zone finance ministers and the International Monetary Fund are likely to strik... More »
Flags fly over the Federal Reserve Headquarters on a windy day in Washington, U.S., May 26, 2017. REUTERS/Kevin Lamarque A surprisingly weak run of U.S. inflation data has investors backing off bets the Federal Reserve will meet its three targeted interest rat... More »
Qatar’s Finance minister Ali Sherif al-Emadi speaks during a briefing on the financial outlook for Qatar, in Doha, Qatar, February 7, 2017. REUTERS/Naseem Zeitoon Qatar can easily defend its economy and currency against sanctions by other Arab states, Qatari f... More »
Bank of Korea Governor Lee Ju-yeol speaks during a news conference at Seoul Foreign Correspondent’s Club January 22, 2015. REUTERS/Kim Hong-Ji South Korean President Moon Jae-in said on Monday unemployment was “very serious” and it could turn into a national c... More »
FILE PHOTO: South Korean President Moon Jae-in delivers a speech during a ceremony marking Korean Memorial Day at the National Cemetery in Seoul, South Korea, June 6, 2017. REUTERS/Kim Hong-Ji/File Photo South Korea’s President Moon Jae-in said on Monday the o... More »
FILE PHOTO: The flags of the U.S. and Puerto Rico fly outside the Capitol building in San Juan, Puerto Rico May 4, 2017. REUTERS/ Alvin Baez The economically struggling U.S. island territory of Puerto Rico voted overwhelmingly on Sunday in favor of becoming th... More »
The offices of Pacific Investment Management Co (PIMCO) are shown in Newport Beach, California August 4, 2015. REUTERS/Mike Blake The Pimco Income Fund, overseen by Pimco group chief investment officer Dan Ivascyn, attracted $2.8 billion of inflows during the ... More »
People walk in front of the headquarters of the Brazil’s largest fixed-line telecoms group Oi, in Rio de Janeiro, Brazil, June 22, 2016. REUTERS/Sergio Moraes Bernal and Alexandra Alper More »
Investors in U.S.-based funds poured $1.4 billion into mutual funds and exchange-traded funds that invest in U.S. Treasuries in the week ended June 7, marking the biggest inflows since late January, data from Thomson Reuters’ Lipper service showed on Thursday.... More »
FILE PHOTO: A parliament worker carries a laptop at the Chamber of Deputies in Rome, Italy October 14, 2011. The Berlusconi government won a confidence vote on Friday in the lower house of Parliament. REUTERS/Alessandro Bianchi/File Photo A deal between Italy’... More »
European Central Bank President Mario Draghi listens during a news conference following the Governing Council meeting in Tallinn, Estonia, June 8, 2017. REUTERS/Ints Kalnins Euro zone bond yields hit multi-month lows and the euro dipped below $1.12 on Thursday... More »
FILE PHOTO: European Central Bank President Mario Draghi (R) and his wife (L) arrive at the Petruzzelli Theatre during a G7 for Financial ministers in the southern Italian city of Bari, Italy May 11, 2017. REUTERS/Alessandro Bianchi/File Photo European Central... More »
Japan’s financial regulator will adopt a new regulation requiring regional banks to guard against potential losses they could incur on their bond holdings from sharp interest rate swings, the Nikkei reported on Thursday. More »
Illinois must increase payments to Medicaid providers despite an ongoing budget impasse, after a U.S. District Court judge on Wednesday ruled the minimal payments made by the state do not comply with federal consent decrees. More »
The California State Teachers’ Retirement System board voted unanimously on Wednesday to divest from non-U.S. thermal coal, affecting a very small fraction of the public pension fund’s portfolio. More »
A man walks past the U.S. Capitol building at sunset in Washington, U.S. May 17, 2017. REUTERS/Zach Gibson The U.S. Congress may be headed for a reckoning with the federal debt limit within weeks, thanks to wealthy Americans and corporations deferring tax paym... More »
Loomis Sayles Vice Chairman Dan Fuss said his popular Loomis Sayles Bond Fund (LSBDX), which has outperformed 92 percent of its peer category over the last 15 years, has amassed one of its highest exposures to short-term reserves, which include U.S. and Canadi... More »
FILE PHOTO: A view of the London skyline shows the City of London financial district, seen from St Paul’s Cathedral in London, Britain February 25, 2017. REUTERS/Neil Hall/File Photo Global investors are distinguishing between the UK and the rest of Europe as ... More »
The China City Construction Holding Group, a state-owned infrastructure and property developer, has warned it is facing cash flow problems and could struggle to repay debts due on June 12. More »
File photo: Scott Minerd speaks at the 2014 Milken Institute Global Conference in Beverly Hills, California April 28, 2014. REUTERS/Lucy Nicholson Guggenheim Investments, overseen by high-profile bond investor Scott Minerd, posted net inflows totaling more tha... More »
Several large investment firms are betting on U.S. energy bonds on the view that they have more room to run even after a sharp rebound in performance in 2016. More »
An European Union (EU) flag is pictured during a ceremony in Lausanne, Switzerland May 4, 2017. REUTERS/Denis Balibouse The EU executive will suggest on Wednesday the euro zone might need to issue collective debt and run a joint budget, among proposals for bol... More »
Standard & Poor’s is likely to follow its regular ratings review schedule for China, and does not see any basis at this point for an out-of-schedule committee meeting, a senior director at the ratings agency told Reuters on Monday. More »
New rules on pricing investment research are shaking up the European fixed income, currency and commodity (FICC) industry, with many funds planning to scale back or ditch a service that banks use to drum up business. More »
Venezuela’s Oil Minister Nelson Martinez talks to journalists after a meeting in Vienna, Austria May 24, 2017. REUTERS/Leonhard Foeger Venezuela is considering several options to repay its debts, the oil minister said on Thursday, after a deep recession and lo... More »
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 22, 2017. REUTERS/Brendan McDermid U.S. interest rate futures ended higher on Wednesday as traders scaled back bets on two more rate increases by the end of 2017 following t... More »
Graduates celebrate receiving a Masters in Business Administration from Columbia University during the year’s commencement ceremony in New York in this May 18, 2005 file photo. REUTERS/Chip East/Files Little known private colleges that are already struggling t... More »
Greek Finance Minister Euclid Tsakalotos attends a eurozone finance ministers meeting in Brussels, Belgium May 22, 2017. REUTERS/Francois Lenoir Euro zone finance ministers failed to agree on debt relief for Greece with the International Monetary Fund on Monda... More »
German Foreign Minister Sigmar Gabriel address the media after a private meeting in Mexico City, Mexico, May 19, 2017. REUTERS/Edgard Garrido German Foreign Minister Sigmar Gabriel on Monday urged euro zone finance ministers and the International Monetary Fund... More »
Dutch Finance Minister and Eurogroup President Jeroen Dijsselbloem talks to the media as he arrives at European Union finance ministers meeting in Brussels, Belgium February 21, 2017. REUTERS/Francois Lenoir A decision on debt relief for Greece will only be ta... More »
The headquarters of the European Central Bank (ECB) are pictured in Frankfurt, Germany September 8, 2016. REUTERS/Ralph Orlowski/File Photo Discord between the euro zone’s three largest countries is stalling the European Central Bank’s efforts to come up with ... More »
German Chancellor Angela Merkel and French President Emmanuel Macron listen to national anthems during a ceremony at the Chancellery in Berlin, Germany, May 15, 2017. REUTERS/Fabrizio Bensch German Chancellor Angela Merkel said she and France’s new president, ... More »
Two people walk towards the entrance of the Reserve Bank of New Zealand located in the New Zealand capital city of Wellington, March 22, 2016. REUTERS/Rebecca Howard/File Photo New Zealand’s central bank on Monday said that a world of “radical uncertainty” has... More »
Canada’s Finance Minister Bill Morneau (R) speaks with Bundesbank President Jens Weidmann during the G7 for Financial ministers meeting in the southern Italian city of Bari, Italy May 12, 2017. REUTERS/Alessandro Bianchi An economic recovery and robust outlook... More »
The Los Angeles Unified School District, California’s largest school district, plans to sell nearly $1.1 billion of general obligation refunding bonds in the biggest U.S. municipal bond offering next week. More »
FILE PHOTO: U.S. dollar notes are seen in this November 7, 2016 picture illustration. REUTERS/Dado Ruvic/Illustration/File Photo Investors stampeded into U.S.-based stock funds that invest in Europe, plowing the second-largest amount on record into those produ... More »
Two people walk towards the entrance of the Reserve Bank of New Zealand located in the New Zealand capital city of Wellington, March 22, 2016. REUTERS/Rebecca Howard/File Photo The Reserve Bank of New Zealand (RBNZ) defied market expectations it would adopt a ... More »
FILE PHOTO: Illinois Gov-elect Bruce Rauner speaks to the media after a meeting with U.S. President Barack Obama and other Governor-elects from seven U.S. states at the White House in Washington December 5, 2014. REUTERS/Larry Downing/File Photo An Illinois bi... More »
Jeffrey Gundlach, CEO of DoubleLine Capital, speaks during the Sohn Investment Conference in New York City, U.S., May 8, 2017. REUTERS/Brendan McDermid European and emerging markets equities are more attractive than U.S. equities, and volatility in stock marke... More »
U.S. fund investors charged into international stocks at the fastest pace in nearly two years, betting on a continued fillip for the global economy, Investment Company Institute data for the latest week showed on Wednesday. More »
French President-elect Emmanuel Macron celebrates on the stage May 7, 2017 at his victory rally near the Louvre in Paris, France. REUTERS/Christian Hartmann Germany on Monday reiterated its opposition to the introduction of joint euro zone bonds a day after th... More »
People walk through the lobby of the London Stock Exchange in London, Britain August 25, 2015. REUTERS/Suzanne Plunkett/File photo World stock markets dipped on Friday, as U.S. equities retreated after a soft reading on first-quarter economic growth, while the... More »
FILE PHOTO: A man runs past the Bank of Japan (BOJ) building in Tokyo, Japan, July 29, 2016. REUTERS/Kim Kyung-Hoon/File Photo The Bank of Japan kept monetary policy unchanged on Thursday and offered its most optimistic assessment of the economy in nine years,... More »
U.S. President Donald Trump speaks after signing the Antiquities Executive Order at the Department of the Interior in Washington, DC, U.S. April 26, 2017. REUTERS/Kevin Lamarque Even if President Donald Trump wins an appeal of a court ruling blocking his execu... More »
FILE PHOTO: A worker packs pipelines onto a truck at a local plastic pipe factory in Donghegang village on the outskirts of Xiongxian county, one part of the new special economic zone Xiong’an New Area, Hebei province, China, April 6, 2017. REUTERS/Jason Lee/F... More »
Christopher Ailman, chief investment officer of the California State Teachers’ Retirement System (CalSTRS), poses for a portrait before an interview with Reuters in New York City, U.S., April 26, 2017. REUTERS/Lucas Jackson Record high U.S. stock prices are pr... More »
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., April 24, 2017. REUTERS/Brendan McDermid Investors in U.S.-based mutual funds and exchange-traded funds poured $4.7 billion into stock funds in the week ended April 19, marking ... More »
A graduating student has “To Begin Anew” written on her cap as she attends a service before the 365th Commencement Exercises at Harvard University in Cambridge, Massachusetts, U.S. May 26, 2016. REUTERS/Brian Snyder Millennials face the greatest risk among all... More »
Vlad Tenev, co-founder and co-CEO of investing app Robinhood, speaks during the TechCrunch Disrupt event in Brooklyn borough of New York, U.S., May 10, 2016. REUTERS/Brendan McDermid Commission-free trading startup Robinhood has raised $110 million in a round ... More »
U.S. President Donald Trump looks on as Treasury Secretary Steve Mnuchin speaks at a signing ceremony at the Treasury Department in Washington, U.S., April 21, 2017. REUTERS/Aaron P. Bernstein President Donald Trump put pressure on Democrats on Sunday as U.S. ... More »
Investors stocked up on safe-haven U.S.-based gold and bond funds ahead of France’s closely watched presidential election, while trimming purchases of European stock funds, Lipper data showed on Thursday. More »
Greg Peters at the Reuters Global Investment Summit in New York, November 17, 2015. REUTERS/Brendan McDermid PGIM Fixed Income senior portfolio manager Greg Peters said on Thursday that he has been reducing his overweight position in junk bonds because the “ri... More »
A woman walks past a sign of Japanese life insurer Mitsui Life Insurance Co., Ltd. at the company’s headquarters in Tokyo July 27, 2009. The characters read, ”Mitsui Life”. REUTERS/Stringer Mitsui Life Insurance Co plans to shift some funds to euro-denominated... More »
FILE PHOTO – People pass the JP Morgan Chase & Co. Corporate headquarters in the Manhattan borough of New York City, May 20, 2015. REUTERS/Mike Segar/File Photo Big U.S. banks revealed more evidence of a slowdown in loan growth in their earnings reports on Thu... More »
An emergency sign points to the entrance to Scripps Memorial Hospital in La Jolla, California, U.S. March 23, 2017. REUTERS/Mike Blake The Trump administration on Thursday issued a final rule that will shorten the Obamacare enrollment period and give insurers ... More »
Marine Le Pen, French National Front (FN) political party leader and candidate for French 2017 presidential election, attends a political rally in Pageas, France April 13, 2017. REUTERS/Stephane Mahe Far-right National Front presidential candidate Marine Le Pe... More »
FILE PHOTO – The BlackRock logo is seen outside of its offices in New York City, U.S., October 17, 2016. REUTERS/Brendan McDermid/File Photo One of the portfolio managers behind BlackRock Inc’s largest mutual fund says his team has been buying safe-haven asset... More »
Influential bond investor Bill Gross on Thursday stepped up his warning to investors not to be tempted into buying equities, high-yield junk bonds and other asset classes, given the possibility that U.S. President Donald Trump might fail to enact policies that... More »
FILE PHOTO: A steel-worker is pictured at a furnace at the plant of German steel company Salzgitter AG in Salzgitter, Lower Saxony on March 17, 2015. REUTERS/Fabian Bimmer/File Photo The German economy, Europe’s largest, picked up speed at the beginning of thi... More »
FILE PHOTO: A woman walks out of the headquarters of the People’s Bank of China (PBOC), the central bank, in Beijing November 20, 2013. REUTERS/Jason Lee/File Photo China’s central bank has been quietly boosting its policy independence and regulatory reach as ... More »
Students of the University of Puerto Rico protest as a meeting of the Financial Oversight and Management Board for Puerto Rico is taking place at the Convention Center in San Juan, Puerto Rico March 31, 2017. Picture taken March 31, 2017. REUTERS/Alvin Baez Ba... More »
German Finance Minister Wolfgang Schaeuble before the weekly cabinet meeting in Berlin, Germany, April 5, 2017. REUTERS/Fabrizio Bensch German Finance Minister Wolfgang Schaeuble said in an interview published on Wednesday he would propose moderate tax cuts fo... More »
South Korea’s Prime Minister and acting President Hwang Kyo-ahn attends a ceremony celebrating the 98th anniversary of the Independence Movement Day in Seoul, South Korea, March 1, 2017. REUTERS/Kim Hong-Ji South Korea’s acting president Hwang Kyo-ahn on Wedne... More »
The logo of cable and mobile telecoms company Altice Group is seen during a news conference in Paris, France, March 21, 2017. REUTERS/Philippe Wojazer Altice USA, the cable operator that Netherlands-based Altice NV (ATCA.AS) put together by acquiring Cablevisi... More »
FILE PHOTO: The sign of Japan’s Government Pension Investment Fund (GPIF) is seen after a news conference in Tokyo, Japan, April 1, 2016. REUTERS/Thomas Peter/File Photo Japan’s Government Pension Investment Fund (GPIF) on Tuesday began recruiting asset manage... More »
Investment management firm Brinker Capital announced Monday the launch of the Destinations Funds, a series of 10 multi-manager mutual funds advised by Brinker Capital that it said aims to cut investors’ overall costs and lower the account minimum on portfolios... More »
U.S. President Donald Trump speaks during a joint news conference with Jordan’s King Abdullah (not pictured) in the Rose Garden after their meeting at the White House in Washington, U.S., April 5, 2017. REUTERS/Yuri Gripas U.S. President Donald Trump said on W... More »
A general view shows a residential area of Pudong district in Shanghai, China April 4, 2017. REUTERS/Aly Song China’s housing ministry has called on cities with large unsold housing inventories to reduce or suspend land supply for residential housing. More »
A California pension fund has fired Franklin Templeton Investments, JPMorgan Chase & Co and Pacific Investment Management Co from some portfolio-management responsibilities in a shakeup that puts more of its assets in lower-fee, index-tracking investments, the... More »
MGM Holdings Inc said it would acquire the 81 percent of premium U.S. channel Epix it does not already own from two of its partners, Viacom Inc and Lionsgate Entertainment Corp, for about $1 billion. More »
File photo: Jeffrey Gundlach, Chief Executive Officer, DoubleLine Capital LP., speaks at the Sohn Investment Conference in New York City, U.S. May 4, 2016. REUTERS/Brendan McDermid There is no risk of a high-yield junk bond “meltdown” because the risk of a rec... More »
The offices of Pacific Investment Management Co (PIMCO) are shown in Newport Beach, California August 4, 2015. REUTERS/Mike Blake Pacific Investment Management Co regained its perch as the manager behind the world’s largest actively managed bond fund, data fro... More »
Ecuadorean presidential candidate Lenin Moreno (C) gives a speech alongside Ecuadorean President Rafael Correa (2nd R) and his wife Rocio Gonzalez (L) during a national election day in a hotel, in Quito, April 2, 2017. REUTERS/Mariana Bazo Leftist government c... More »
Third Avenue Management and its founder Martin Whitman have reached a $14.25 million settlement of a lawsuit by investors who accused the well-known value investment firm of mismanaging a junk bond mutual fund that collapsed in December 2015. More »
File photo: A stands outside Fannie Mae headquarters in Washington February 21, 2014. REUTERS/Kevin Lamarque U.S. mortgage finance giants Fannie Mae (FNMA.PK) and Freddie Mac (FMCC.PK) may write down $21 billion of tax-related assets if there is a deep cut in ... More »
Greek Finance Minister Euclid Tsakalotos speaks during a news conference at the Ministry of Finance in Athens, Greece March 30, 2017. REUTERS/Alkis Konstantinidis Euro zone deputy finance ministers have recommended that Greek bailout review talks continue in A... More »
Investors grew more confident during the latest week, reversing last week’s withdrawals from U.S.-based stock funds, data from Lipper showed on Thursday. More »
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 30, 2017. REUTERS/Brendan McDermid Equities in world markets edged higher on Thursday, led by gains on Wall Street after an upward revision to U.S. economic growth, whil... More »
FILE PHOTO: A woman walks at the Bund in front of the financial district of Pudong in Shanghai March 5, 2015. REUTERS/Aly Song As China’s banks prepare for a rigorous quarterly inspection of their books by the central bank, the ructions in money markets and an... More »
Pedestrians walk by the main entrance of the Buenos Aires Stock Exchange, Argentina, April 18, 2016. REUTERS/Marcos Brindicci – RTX2AHAB Latin American governments and companies could soon step up bond sales, seizing on an increased appetite for deals as a reg... More »
Two passengers aboard a ferry look at the Sydney Harbour Bridge as they approach Circular Quay in Sydney, Australia, March 29, 2017. REUTERS/Steven Saphore Australian households saw their wealth balloon to a record A$11.7 trillion ($8.97 trillion) last quarter... More »
U.S. money market fund assets increased by $5.47 billion to $2.632 trillion in the week ended March 28, the Money Fund Report said on Wednesday. More »
Investors hesitated to take more risk in the U.S. stock market, finding cover in bonds and outside their home market during the latest week, Investment Company Institute data showed on Wednesday. More »
FILE PHOTO: Eurogroup President Jeroen Dijsselbloem holds a news conference during a Euro zone finance ministers emergency meeting on the situation in Greece in Brussels, Belgium June 27, 2015. REUTERS/Yves Herman/File Photo By upsetting southern Europeans wit... More »
FILE PHOTO: U.S. dollar notes are seen in this November 7, 2016 picture illustration. REUTERS/Dado Ruvic/Illustration/File Photo All eyes in global financial markets were fixed on stuttering Republican efforts to pass a replacement for Obamacare on Friday, wit... More »
European Central Bank executive board member Peter Praet attends the 2016 Institute of International Finance (IIF) Spring Membership meeting in Madrid, Spain, May 25, 2016. REUTERS/Susana Vera The European Central Bank’s chief economist stood by the ECB’s pled... More »
China’s debt risks are “very much under control”, but local governments must ensure that the increase in their debt spending this year is within stipulated limits, Vice Finance Minister Liu Wei said on Friday. More »
A promotional footage on a property development of China Evergrande Group is shown at a news conference on the company’s interim results in Hong Kong, China August 30, 2016. REUTERS/Bobby Yip/File Photo China Evergrande Group (3333.HK), the country’s top home ... More »
Rising short-term interest rates in the United States are prompting Lipper Award-winning bond fund managers to add emerging-market debt and non-agency backed residential mortgages that they say offer more potential for gains in the year ahead. More »
Investors eased off from “Trump trade” bets during the latest week, snatching the most money from bank sector funds in more than a year and stockpiling bonds, Lipper data for U.S.-based funds showed on Thursday. More »
Consumers stand in front of an Oi store, Brazil’s largest fixed-line telecoms group, in Sao Paulo, Brazil June 24, 2016. REUTERS/Paulo Whitaker A new reorganization plan from Brazil’s debt-laden phone carrier Oi SA boosted shares on Thursday, but analysts cont... More »
Dutch Finance Minister and Eurogroup President Jeroen Dijsselbloem talks to the media as he arrives at European Union finance ministers meeting in Brussels, Belgium February 21, 2017. REUTERS/Francois Lenoir The chairman of euro zone finance ministers Jeroen D... More »
European Competition Commissioner Margrethe Vestager holds a news conference at the EU Commission’s headquarters in Brussels, Belgium March 13, 2017. REUTERS/Francois Lenoir The European Commission’s Competition Commissioner Margrethe Vestager criticized on We... More »
A banner hangs at the facade of the Greek Finance Ministry during a protest of taxation officers in Athens, Greece March 20, 2017. The banner reads ‘A decrease of the tax income threshold means new salary and pension cuts. Stop austerity.’ REUTERS/Alkis Konsta... More »
FILE PHOTO – U.S.Treasury Secretary Steven Mnuchin speaks at a press briefing at the White House in Washington, U.S. on February 14, 2017. REUTERS/Kevin Lamarque/File Photo Wary of their first official encounter with U.S. President Donald Trump’s blustery trad... More »
Lower Manhattan including the financial district is pictured from the Manhattan borough of New York, U.S. June 1, 2016. REUTERS/Carlo Allegri/File Photo After several years of restructuring and regulatory pressure, investment banks have reached a turning point... More »
