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S.Korea stocks slip on Wall Street losses, Fed tapering talks

* KOSPI falls, foreigners net sellers * Korean won weakens against U.S. dollar * South Korea benchmark bond yield rises SEOUL, Jan 12 (Reuters) - Round-up of South Korean financial markets: ** South Korean shares fell on Tuesday, tracking Wall Street losses, as investors worried equities may be runn

UPDATE 1-IMF says board approves $487.5 mln disbursement to Angola

(Adds details, link to Angolan finance minister’s Reuters Next comments) WASHINGTON, Jan 11 (Reuters) - The International Monetary Fund said on Monday its executive board approved a disbursement to Angola of about $487.5 million after completing a fourth review of the African oil exporter’s $3.7 bil

Silver Lake in talks for stake in New Zealand's All Blacks - source

SYDNEY (Reuters) - U.S. private equity firm Silver Lake is in advanced talks to acquire a minority stake in the commercial activities of New Zealand Rugby, home of the world-renowned All Blacks team, a source with knowledge of the negotiations told Reuters. The potential transaction was for a stake

Oil prices sapped by rising virus cases; anticipated drop in U.S. inventory stems losses

* Worldwide coronavirus cases cross 90.37 million - poll * U.S. crude stockpiles seen down for fifth week - Reuters poll * Coming up: API oil inventory data at 2130 GMT SINGAPORE, Jan 12 (Reuters) - Oil prices slipped on Tuesday as investors remained concerned about climbing coronavirus cases global

IMF says board approves $487.5 mln disbursement to Angola

WASHINGTON, Jan 11 (Reuters) - The International Monetary Fund said on Monday its executive board approved a disbursement to Angola of about $487.5 million after completing a fourth review of the African oil exporter’s $3.7 billion loan program. The Fund said that the COVID-19 pandemic continues to

FOREX-Dollar buoyed by rising U.S. yields amid new stimulus prospects

* Graphic: World FX rates in 2020 By Kevin Buckland TOKYO, Jan 12 (Reuters) - The dollar held four days of gains against major peers on Tuesday as the prospect of massive fiscal stimulus pushed U.S. yields higher. President-elect Joe Biden, who takes office on Jan. 20 with his Demo

UPDATE 1-Japan bank lending, deposits keep rising in Dec as pandemic strains persist

* Dec bank lending up 6.2% yr/yr to new record - BOJ data * Total deposits surge as companies pile up cash * Some firms holding back on capex, cutting costs - BOJ official (Recasts with milestone, details on loan increase and context on deposits) TOKYO, Jan 12 (Reuters) - Japanese bank lending conti

State Street says will not support candidates who undermine legitimate election outcomes

Jan 11 (Reuters) - U.S. custodian bank State Street Corp said late on Monday it will not support lawmakers or candidates who demonstrate views or engage in acts that are intended to undermine “legitimate election outcomes.” “As a result, our Political Action Committee (PAC) will not contribute to la

UPDATE 1-Fed's Kaplan hopes to begin QE weaning this year

(Adds comments on QE) Jan 11 (Reuters) - Dallas Federal Reserve President Robert Kaplan on Monday said he expects broad vaccine distribution to unleash strong economic growth later this year, allowing the U.S. central bank to begin to pull back on some of its extraordinary monetary support. “We shou

GLOBAL MARKETS-Asia shares mostly lower amid rising coronavirus cases, Washington turmoil

NEW YORK, Jan 11 (Reuters) - Asian stocks were mostly lower on Tuesday, tracking Wall Street declines as political turmoil in Washington and rising coronavirus cases worldwide weighed on sentiment ahead of the start of the quarterly earnings season. Political uncertainty dominated trading as House D

UK consumer spending slides in December as pandemic flares: Barclaycard

LONDON (Reuters) - British consumer spending fell in December at the fastest rate in six months, with pubs and restaurants especially hard hit by a resurgence of coronavirus cases, a survey showed on Tuesday. Payment card provider Barclaycard said consumer spending contracted 2.3% in year-on-year te

Argentina's Cordoba province claims victory in debt restructuring

BUENOS AIRES, Jan 11 (Reuters) - The governor of the central Argentine province of Cordoba, Juan Schiaretti, said on Monday an agreement had been reached with creditors to restructure around $1.7 billion in debt as the country battles an enduring recession worsened by COVID-19. The country’s second

Fed's Kaplan sees 5% growth this year, unemployment dropping

(Reuters) - Dallas Federal Reserve President Robert Kaplan on Monday said that despite what he expects to be a challenging next few months because of surging coronavirus cases, the U.S. economy probably isn’t going to shrink this quarter and will deliver 5% growth for the year as the whole. Unemploy

Blackstone hires co-head from university for hedge fund unit

BOSTON, Jan 11 (Reuters) - Blackstone Group, the world’s biggest hedge fund investor, is bringing in a former endowment chief at Brown University as the co-head of its Blackstone Alternative Asset Management (BAAM) unit. The company has hired Joe Dowling to join John McCormick who has run the $78 bi

FACTBOX-U.S. companies suspend political donations after Capitol attack

Jan 11 (Reuters) - A number of large U.S. companies, including AT&T Inc, American Express and Dow Inc, have said they would cut off campaign contributions to those who voted to challenge President-elect Joe Biden's victory, with Republicans in the U.S. Congress facing growing blowback from Corpo

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