EMERGING MARKETS-Most Latam FX weaken; Mexican peso cheers slower rate cut signs

* China, U.S. July retail sales disappoint * Mexican peso outperforms peers for the week * Aeromexico surges after financing announcement * JBS, Natura top gainers in Brazil * U.S.-China trade talks over the weekend awaited (Updates prices) By Shreyashi Sanyal and Susan Mathew Aug 14 (Reuters) – Mexico’s peso firmed for the fourth straight session on Friday on signs […]

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TREASURIES-Yields dip, but stay elevated after record week of supply

By Karen Brettell NEW YORK, Aug 14 (Reuters) – Benchmark U.S. Treasury yields dropped from seven-week highs on Friday but remained relatively elevated, after the Treasury on Thursday completed $112 billion in record coupon-bearing supply that has put pressure on bonds all week. The Treasury saw weak demand for a record $26 billion sale of 30-year bonds on Thursday. It […]

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UPDATE 1-Airline SAS says Sweden and Denmark support tweaked rescue plan

* * Main owner cash injections conditional on debt conversion * Debtholder and shareholder meetings scheduled for September * (Adds company comment, updates shares) STOCKHOLM, Aug 14 (Reuters) – SAS said on Friday its main owners had approved a revised rescue plan after it made changes to a key part of the deal earlier this month to appease holders of […]

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Sri Lankan shares rise for fourth session as industrial stocks gain

Aug 14 (Reuters) – Sri Lankan shares rose for a fourth straight session, closing at more than a five-month high on Friday, helped mainly by gains in industrial stocks. ** The benchmark CSE All Share Index ended 0.50% higher at 5,261.99, its highest closing level since March 10. ** Sri Lanka’s June trade deficit narrowed year on year to $161 […]

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EMERGING MARKETS-Weak China data hits most Asian markets, currencies muted

* Graphic: Foreign flows into Asian stocks tmsnrt.rs/3f2vwbA * South Korea stocks fall most * Malaysia’s economy contracts 17.1% in Q2Indonesia, Taiwan Indonesia, Taiwan markets edge up on China recovery hopes By Nikhil Nainan Aug 14 (Reuters) – Most of Asia’s stock markets weakened on Friday as a surprise drop in China retail sales dented hopes of a swift recovery […]

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TABLE – Pakistan reserves decrease $73 mln to $12,469.3 week ending Aug 7

KARACHI, Pakistan, Aug 13 (Reuters) – Pakistan’s foreign exchange reserves decrease $73 million to $12,469.3 million in the week ending August 7, compared to $12,542.2 million in the previous week, central bank said on Thursday. RESERVES Week ending Previous Week Change/pct ($ billions) Aug 7 Held by the State $12,469.3 mln $12,542.2 mln -0.5 Bank of Pakistan Held by $7,049.0 […]

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UPDATE 1-Israel's Bank Hapoalim profit falls on COVID-19 provision

(Adds analyst comment, stock reaction) JERUSALEM, Aug 13 (Reuters) – Bank Hapoalim, Israel’s largest lender, said on Thursday net profit fell sharply in the second quarter as it set aside a large provision to deal with the COVID-19 crisis. The bank reported net profit of 133 million shekels ($39 million) compared with 871 million a year earlier and a forecast […]

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JGBs bounce back after solid BOJ operation results

TOKYO, Aug 13 (Reuters) – Japanese government bond prices bounced back on Thursday after the Bank of Japan’s bond buying operation results confirmed limited selling interest after the market’s retreat over the past week or so. The market opened lower in line with falls in U.S. bond prices amid a generally upbeat mood in global financial markets, but it erased […]

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Australia's AMP first-half profit slumps as coronavirus slams fee income

Aug 13 (Reuters) – Australia’s largest wealth manager AMP Ltd said on Thursday its first-half profit nearly halved as coronavirus-induced market turmoil led to a plunge in fee income and a higher loan-loss provision at its banking unit Underlying profit from the company’s retained businesses stood at A$149 million($106.62 million), down from A$256 million a year earlier. AMP’s domestic wealth-management […]

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