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GLOBAL MARKETS-Stocks climb; Yellen helps offset Ukraine worry

GLOBAL MARKETS-Stocks climb; Yellen helps offset Ukraine worry


GLOBAL MARKETS-Stocks climb; Yellen helps offset Ukraine worry

Posted: 27 Feb 2014 11:01 AM PST

NEW YORK, Feb 27 (Reuters) - Stocks on world markets advanced on Thursday, reversing early declines as comments from U.S. Federal Reserve Chair Janet Yellen offset concerns over tension in Ukraine...

UPDATE 2-Japan says any bitcoin regulation should be international

Posted: 27 Feb 2014 10:24 AM PST

TOKYO, Feb 27 (Reuters) - Any regulation of the bitcoin crypto-currency should involve international cooperation to avoid loopholes, Japanese vice finance minister Jiro Aichi said on Thursday.

Federal Reserve's Yellen: Congress should look at bitcoin regulation

Posted: 27 Feb 2014 10:00 AM PST

WASHINGTON, Feb 27 (Reuters) - The U.S. Congress should look into legal options for regulating virtual currencies such as bitcoin, Federal Reserve Chair Janet Yellen said on Thursday.

Ukraine PM says $37 billion went missing under Yanukovich

Posted: 27 Feb 2014 09:25 AM PST

KIEV, Feb 27 (Reuters) - Ukraine's new prime minister said on Thursday loans worth $37 billion had gone missing from state coffers during ousted President Viktor Yanukovich's rule, and warned that...

FOREX-Dollar inches lower amid Yellen testimony

Posted: 27 Feb 2014 08:56 AM PST

NEW YORK, Feb 27 (Reuters) - The dollar edged lower on Thursday, erasing gains from a day earlier, as market participants looked toward remarks by U.S. Federal Reserve Chair Janet Yellen on the...

GLOBAL MARKETS-Ukraine tensions hit shares; Wall St little changed

Posted: 27 Feb 2014 08:30 AM PST

NEW YORK, Feb 27 (Reuters) - Stocks on world markets edged lower on Thursday, as tension in Ukraine and Russia curbed risk appetite, though Wall Street managed to hold near unchanged as investors...

UPDATE 1-IMF says will be in Kiev next week to discuss possible loan

Posted: 27 Feb 2014 08:26 AM PST

WASHINGTON, Feb 27 (Reuters) - The International Monetary Fund on Thursday said it would send a fact-finding team to Ukraine next week in response to Kiev's request for support after the ouster of...

UPDATE 3-Brazil economy ends 2013 on an upbeat note, boosting Rousseff

Posted: 27 Feb 2014 08:21 AM PST

By Brian Winter and Silvio Cascione SAO PAULO/BRASILIA, Feb 27 (Reuters) - Brazil's economy ended 2013 on a upbeat note thanks to strong consumer spending and investment, providing a much-needed...

S&P retains 'D' rating on Detroit's general obligation debt

Posted: 27 Feb 2014 08:11 AM PST

Feb 27 (Reuters) - Standard & Poor's said Detroit's blueprint to emerge from bankruptcy, announced last week, would have no impact on the 'D' rating assigned to the city's general obligation debt.

Brazil's growth surprised government, will last in 2014-Mantega

Posted: 27 Feb 2014 06:40 AM PST

BRASILIA, Feb 27 (Reuters) - The pace of Brazil's economic recovery in the fourth quarter of 2013 surprised the government and indicates a moderate rate of expansion this year, Finance Minister Guido...

CANADA FX DEBT-C$ flat as caution tempers impact of current account data

Posted: 27 Feb 2014 06:38 AM PST

* Canadian dollar at C$1.1131 or 89.84 U.S. cents * Bond prices higher across the maturity curve By Leah Schnurr TORONTO, Feb 27 (Reuters) - The Canadian dollar was little changed on Thursday as...

GLOBAL MARKETS-Ukraine tensions hit shares, euro drops to 2-week low

Posted: 27 Feb 2014 06:24 AM PST

LONDON, Feb 27 (Reuters) - Tension in Ukraine and Russia curbed risk appetite on Thursday, weighing on world stocks and pushing the euro, already under pressure from talk of interest rate cuts, to a...

As Europe bids for offshore yuan, exchange rate slide gives pause for thought

Posted: 27 Feb 2014 05:46 AM PST

LUXEMBOURG, Feb 27 (Reuters) - Bankers and policymakers across Europe want a slice of the growing market in China's offshore currency, but a slowing economy and the yuan's recent slide may make...

EMERGING MARKETS-Russia, neighbors spooked by geopolitics; Brazil supported by GDP

Posted: 27 Feb 2014 05:44 AM PST

RIO DE JANEIRO/LONDON, Feb 27 (Reuters) - Geopolitical tensions drove Russia's rouble to five-year lows against the dollar while pushing Ukraine's hryvnia 9 percent lower, but Brazilian markets were...

CANADA FX-C$ pares losses after current account deficit data

Posted: 27 Feb 2014 05:42 AM PST

TORONTO, Feb 27 (Reuters) - The Canadian dollar pared declines against the greenback on Thursday after data showed the country's current account deficit widened in the fourth quarter of last year,...

Ukraine's Yatseniuk appointed prime minister

Posted: 27 Feb 2014 05:02 AM PST

KIEV, Feb 27 (Reuters) - Former economy minister Arseny Yatseniuk was on Thursday appointed by the Ukrainian parliament to be prime minister at the head of a government of national unity.

Germany's Merkel says wants a strong UK inside the EU

Posted: 27 Feb 2014 05:00 AM PST

LONDON, Feb 27 (Reuters) - Germany wants a strong United Kingdom with a strong voice inside the European Union to help bring about the reforms needed to strengthen the 28-member bloc, Chancellor...

FOREX-Yen, franc profit from emerging nerves

Posted: 27 Feb 2014 04:57 AM PST

* Euro suffers from safe haven bid on China, Ukraine nerves

Yatseniuk: quick IMF deal key to stabilising Ukraine currency

Posted: 27 Feb 2014 04:53 AM PST

KIEV, Feb 27 (Reuters) - Arseny Yatseniuk, who was nominated on Thursday to be Ukraine's prime minister, said securing a new loan agreement with the International Monetary fund was vital for the...

Merkel says she cannot satisfy all Britain's EU wishes

Posted: 27 Feb 2014 04:35 AM PST

LONDON, Feb 27 (Reuters) - German Chancellor Angela Merkel cautioned Britain on Thursday that she could not promise a fundamental reform of Europe that would satisfy all Britain's wishes.

Brazil fourth-quarter GDP up 0.7 pct after decline in Q3

Posted: 27 Feb 2014 04:11 AM PST

SAO PAULO, Feb 27 (Reuters) - Brazil's economy grew 0.7 percent in the fourth quarter following a downturn in the third quarter, government statistics agency IBGE said on Thursday.

GRAPHIC-Ukraine or not, euro volatility near 7-year low

Posted: 27 Feb 2014 04:10 AM PST

LONDON, Feb 27 (Reuters) - A tumultuous start to 2014 for global emerging markets has put volatility back on the map for many currencies, but those in the developed world remain quiet as the grave.

UPDATE 3-Turkish prime minister targeted in second audio tape

Posted: 27 Feb 2014 04:04 AM PST

* Erdogan scheduled to speak at election rallies (Adds deputy prime minister's comments, background)

EMERGING MARKETS-Russia, neighbours spooked by geopolitics; hryvnia sinks

Posted: 27 Feb 2014 02:50 AM PST

LONDON, Feb 27 (Reuters) - Geopolitical tensions reverberated through emerging markets on Thursday, driving Russia's rouble to five-year lows against the dollar while the newly unshackled Ukrainian...

UPDATE 1-Ukraine's hryvnia sinks again; central bank stymied by dwindling foreign reserves

Posted: 27 Feb 2014 02:42 AM PST

KIEV, Feb 27 (Reuters) - Ukraine's hryvnia fell to a new record low against the dollar on Thursday as investors kept far away from a country in turmoil with a central bank stymied by dwindling...
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