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NBA tentatively approves Clippers sale, cancels Sterling hearing

NBA tentatively approves Clippers sale, cancels Sterling hearing


NBA tentatively approves Clippers sale, cancels Sterling hearing

Posted: 30 May 2014 04:06 PM PDT

LOS ANGELES, May 30 (Reuters) - The National Basketball Association said on Friday that it has reached an agreement with Shelly Sterling to sell the Los Angeles Clippers to former Microsoft Corp...

Twelve major banks seek dismissal of forex price-rigging lawsuit

Posted: 30 May 2014 03:52 PM PDT

NEW YORK, May 30 (Reuters) - Twelve major banks asked a U.S. judge on Friday to throw out a consolidated antitrust lawsuit accusing them of colluding to rig prices in the $5 trillion-a-day foreign...

GLOBAL MARKET-Wall Street closing highs buck trend as most equities flat

Posted: 30 May 2014 02:04 PM PDT

* S&P 500 and Dow set closing highs; global measure down slightly

UPDATE 2-Colombia central bank raises interest rate 25 basis points

Posted: 30 May 2014 01:43 PM PDT

(Adds no foreign exchange measures adopted, fin min quote)

CANADA FX DEBT-C$ weakens on sluggish Canadian economic growth data

Posted: 30 May 2014 01:39 PM PDT

* Canadian dollar at C$1.0842 or 92.23 U.S. cents * Bond prices higher across the maturity curve (Adds details, quotes, updates prices) By Leah Schnurr TORONTO, May 30 (Reuters) - The Canadian dollar...

GLOBAL MARKET-Shares flat on wary growth outlook, but S&P 500 at new high

Posted: 30 May 2014 01:27 PM PDT

* S&P 500 sets closing high, but global measure down slightly

Specs lift US dollar bets to highest since mid-March -CFTC, Reuters

Posted: 30 May 2014 12:50 PM PDT

May 30 (Reuters) - Speculators increased bullish bets on the U.S. dollar in the latest week to their highest since around mid-March, according to data from the Commodity Futures Trading Commission...

Low volatility sparks concern at Fed over investor complacency

Posted: 30 May 2014 12:28 PM PDT

WASHINGTON, May 30 (Reuters) - Low financial market volatility has crept onto the list of concerns weighing on officials at the Federal Reserve.

GLOBAL MARKET-Shares edge down on wary growth outlook, though U.S. data strong

Posted: 30 May 2014 12:15 PM PDT

* Global shares markets off slightly after setting 6-year high on Thursday

FOREX-Dollar softens as traders look to ECB policy meeting

Posted: 30 May 2014 12:08 PM PDT

NEW YORK, May 30 (Reuters) - The dollar retreated from recent highs against other major currencies and closed lower on Friday as traders braced for potentially market-moving meetings next week by the...

Venezuela to release $2.1 bln in hard currency to companies

Posted: 30 May 2014 11:29 AM PDT

CARACAS, May 30 (Reuters) - Venezuela will begin releasing $2.1 billion in hard currency to companies that have struggled to obtain greenbacks through currency controls, the country's top economic...

Colombia's central bank says rate decision was unanimous

Posted: 30 May 2014 11:21 AM PDT

BOGOTA, May 30 (Reuters) - The decision of Colombia's central bank to raise its benchmark interest rate to 3.75 percent on Friday was reached unanimously by its board, said director Jose Dario Uribe....

Colombia central bank raises lending rate 25 basis points to 3.75 pct

Posted: 30 May 2014 11:20 AM PDT

BOGOTA, May 30 (Reuters) - Colombia's central bank on Friday raised its benchmark lending rate by 25 basis points for the second straight month, an increase aimed at containing a recent rise in...

GLOBAL MARKET-Shares edge down on wary growth outlook, though US data strong

Posted: 30 May 2014 09:55 AM PDT

* Global shares fall slightly day after setting 6-year high

UPDATE 3-Brazil economy stuck in doldrums as Rousseff seeks re-election

Posted: 30 May 2014 09:29 AM PDT

SAO PAULO/BRASILIA, May 30 (Reuters) - Brazil's economy barely grew in the first quarter as investment plunged, reflecting a broad malaise that has stirred recent labor unrest and street protests as...

Fitch Affirms Namibia at 'BBB-'; Outlook Stable

Posted: 30 May 2014 09:05 AM PDT

(The following statement was released by the rating agency) LONDON, May 30 (Fitch) Fitch Ratings has affirmed Namibia's Long-term foreign and local currency Issuer Default Ratings (IDR) at 'BBB-' and...

GLOBAL MARKET-Shares edge down on wary growth outlook, though US data strong

Posted: 30 May 2014 08:38 AM PDT

* Dollar slips as ECB action seen weakening euro (Adds opening of U.S. markets; changes byline; dateline previously LONDON)

UPDATE 1-Formal countdown begins for Scottish vote that could break up United Kingdom

Posted: 30 May 2014 07:56 AM PDT

EDINBURGH, May 30 (Reuters) - The formal campaign for a Scottish independence vote that could break-up the United Kingdom began on Friday, although polls currently show Scots are unlikely to choose...

FOREX-Dollar eases as traders eye ECB policymakers

Posted: 30 May 2014 07:00 AM PDT

* Aussie dips after rise (Adds latest prices, comments and changes byline and dateline; previous LONDON)

CANADA FX DEBT-C$ weakens on slowing Canadian economic growth data

Posted: 30 May 2014 06:46 AM PDT

* Canadian dollar at C$1.0847 or 92.19 U.S. cents * Bond prices up across the maturity curve By Leah Schnurr TORONTO, May 30 (Reuters) - The Canadian dollar weakened against the greenback on Friday...

UPDATE 1-Canada producer prices fall 0.2 pct in April on metals

Posted: 30 May 2014 05:36 AM PDT

OTTAWA, May 30 (Reuters) - Canada's industrial product prices unexpectedly fell 0.2 percent in April, Statistics Canada said on Friday, mainly because of a decline in primary non-ferrous metal...

GLOBAL MARKETS-Shares edge lower after setting highs, all eyes on ECB

Posted: 30 May 2014 05:30 AM PDT

* st euro steady again (Adds details, updates share prices))

Brazil 1st-qtr GDP up 0.2 pct, slows from 4th-qtr

Posted: 30 May 2014 05:04 AM PDT

SAO PAULO, May 30 (Reuters) - Brazil's economy grew 0.2 percent in the first quarter from the previous quarter, slowing its rate of growth, government statistics agency IBGE said on Friday.

CORRECTED-GLOBAL MARKETS-Shares steady after hitting record high; all eyes on ECB

Posted: 30 May 2014 04:45 AM PDT

LONDON, May 30 (Reuters) - Global shares steadied on Friday after hitting record highs as investors positioned cautiously on the last trading day of the month, with the market's focus on next week's...

FOREX-Yen rally slackens off, all eyes on ECB meeting

Posted: 30 May 2014 04:26 AM PDT

* Japan core CPI up, does little to dissipate lowered BOJ easing expectations
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