Date: 2016-05-25 00:00:00
S&P 500 (SPY) — open: 206.17, high: 208.24, low: 206.14, close: 207.87, volume: 93537800, daily change: 0.013
News headlines:
COLUMN-What's so scary about falling population, growth and prices? - James Saft
BRIEF-CPT Technology's units sign agreements to sell stakes in Xiamen Overseas Chinese Electronic
FOREX-Risk aversion shores up yen, commodity currencies sag on declining oil
Reuters Business News Schedule at 0430 GMT/00.30AM ET
PRESS DIGEST - Wall Street Journal - May 24
BRIEF-Boomsense Technology to pay 2015 dividend on May 31
China, Hong Kong shares fall; resource sector hit by economic gloom
European Factors to Watch-Shares seen lower at open
RPT-Financial tech startups compete for overlooked U.S. immigrant market
U.S. refiners see surprise surge in diesel demand
Financial tech startups compete for overlooked U.S. immigrant market
BRIEF-Basellandschaftliche Kantonalbank appoints new CEO
SE Asia Stocks-Bearish as worries linger over Fed rate rise
BRIEF-Aevis Victoria proposes distribution of CHF 0.55 per share
UK Stocks-Factors to watch on May 24
BRIEF-Alpha Microelectronics completes share repurchase
BRIEF-New Venturetec H1 2016 loss of $52.3 million
NORDIC STOCKS - Factors to watch on May 24
GLOBAL MARKETS-Asian stocks near 11-week lows, dollar bounces on Fed rate view
UPDATE 1-Hong Kong Exchange to work quickly to build a China bond connect scheme
MIDEAST STOCKS-Gulf may have weak bias; little positive news
BRIEF-CdR Advance Capital FY net profit jumps to EUR 2.6 mln
Spanish stocks - Factors to watch on Tuesday
European Factors to Watch-Shares seen lower at open
BRIEF-Simple issued 51 series B bonds
COLUMN-Coking coal's sensible response to China's steel boom: Russell
PRESS DIGEST- New York Times business news - May 24
BRIEF-Aker, Ferd and Charles Street to invest NOK 150 million in Cxense
BRIEF-CVC's Evonik shares placed at 25.50 eur apiece - JP Morgan
Private consumption, construction investment propel German Q1 growth
BRIEF-Tecnoinvestimenti Q1 net profit stable at EUR 2.3 mln
BRIEF-Micro Focus Intl says full-year earnings to be at top end of expectations
BRIEF-Intermediate Capital assets up 20 pct to record 21.6 bln euros
BRIEF- Ichigo Office REIT Investment completes acquisition of eight properties
European Factors to Watch-Equity futures fall
BRIEF-Allied Irish net interest margin improves in Q1
BRIEF-BGEO Q1 profit rises about 40 pct year-on-year
BRIEF-Human Metabolome Technologies to issue 430,000 shares for 356.5 mln yen via private placement
BRIEF-Shanghai Fosun Pharmaceutical Group issues 500 mln yuan worth super short-term debentures
German stocks - Factors to watch on May 24
BRIEF-Xinhua Holdings issues new shares through private placement for HK$ 2,898,000
Swiss stocks - Factors to watch on May 24
BRIEF-IMS publishes FY 2016 financial forecast, goals for 2017-2019
BRIEF-Icade approves share repurchase of up to 10% capital
BRIEF-Allied Biotech to pay 2015 dividend on Aug. 12
Intermediate Capital FY assets up 20 pct to record high
UK lender Paragon's first-half profit rises
BRIEF-Allied Irish Banks says Q1 NIM at 2.09 pct
European Factors to Watch-Equity futures fall
BRIEF-GVC Holdings Q2 avg pro forma revenues per day rise
REFILE-UK's Clydesdale Bank posts 2.5 pct rise in H1 net interest income
UPDATE 1-Nationwide profits rise 9 percent amid mortgage boom
Old Mutual confirms approaches for stake in U.S. fund arm
Old Mutual confirms approaches for stake in U.S. fund arm
UPDATE 2-UK Stocks-Factors to watch on May 24
BRIEF-Shenzhen Soling Industrial unit to set up intelligent vehicle industrial fund
BRIEF-Exiqon says if QIAGEN takeover offer fails, co risks short-term profitability
BRIEF-CYBG first-half net interest income rises
Allied Irish margins increase, bad loans fall in first quarter
PRECIOUS-Gold holds near 3-1/2 week low as U.S. rate hike outlook drags
BRIEF-Beate Uhse plans early prolongation of corporate bond 2014/2019 by five years to 2024
China stocks close lower, resources firms hit by weak commodities
UPDATE 1-UK's Clydesdale Bank posts higher H1 net interest income
Israel's Elbit Systems wins $40 mln European contracts
Evonik and Richemont fall as European stock markets slip
BRIEF-Changzhou Qianhong Biopharma to pay 2015 dividend on May 31
BRIEF-USU Software Q1 consolidated net profit down at EUR 882,000
JGBs little changed, investors uncertain over fiscal policy
TABLE-Foreign trading in South Korean stocks
BRIEF-Chenguang Biotech Group announces electronic trading platform project
UPDATE 1-Private consumption, construction investment propel German Q1 growth
BRIEF-TOPY INDUSTRIES announces private placement of treasury stock
Hedge fund TCI says first-quarter performance flat as VW, Porsche drag 
UPDATE 1-China's steel industry not encouraging large exports -industry body
FOREX-Aussie tumbles on talk of more interest rate cuts
BUZZ-KBC and ING: Goldman Sachs upgrade boost stocks
BRIEF-Invesco Office J-Reit prices new units issue for totally 25.14 bln yen
S.Korea finmin: support for state-run banks to include direct fiscal support
BRIEF-Shanghai Electric's unit acquires stake in Germany's Manz AG
BRIEF-Guangdong Xinbao Electrical Appliances Holdings to pay 2015 dividend on May 31
BRIEF-Bombardier Business Aircraft releases 10-year forecast for private aviation market
Ping An becomes first Chinese member of R3 blockchain consortium
MIDEAST STOCKS-Gulf mixed, Dubai's Shuaa jumps on stake sale hopes
Ping An becomes first Chinese member of R3 blockchain consortium 
Factbox: Indonesia eases foreign investment ownership in 'Big Bang' liberalization
US State Dept warns companies of risks ahead of Russia's US dollar bond deal
Hong Kong shares close up
BRIEF-Jupai Holdings qtrly EPS $0.24 per ads
Britain opens books for 30-year index-linked gilt syndication
European shares rise as financial stocks gain ground
Dubai Group selling Shuaa stake, other assets in 2016-official
U.S. refiners see surprise surge in diesel demand 
China's steel industry not encouraging large exports: industry body
BUZZ-Imperial Brands: Barclays upgrade lifts stock
Tataâs portfolio power still just about adds up
UPDATE 1-Serbian central bank revises up 2016 growth as investment, exports rise
REFILE-BRIEF-Guizhou Yibai Pharmaceutical to issue up to 1.2 bln yuan bonds
Serbian central bank revises up 2016 growth on stronger investment
S.Korea stock trading hours extension to take effect Aug 1
India's state banking troubleshooter says it's time for mergers
BRIEF-Santander chairman says banking industry needs more "clarity" on regulation
BRIEF-EcoBio Holdings announces rights issue worth 32.94 bln won
MOVES-HSBC hires former Citigroup FX trading head Bibbey
BRIEF-E.SUN Financial Holding unit to issue 2016 3rd unsecured dollar-denominated subordinated financial bonds of $95 mln
BRIEF-E.SUN Financial Holding unit to issue 2016 4th unsecured non-maturity dollar-denominated non-cumulative subordinated financial bonds of $95 mln
BRIEF-DAEWOO SECURITIES announces name change
BRIEF-Zhejiang Jingxin Pharmaceutical to jointly set up health industry investment fund
UPDATE 2-HSBC brushes off Brexit noise to market US dollar AT1
ASIA CREDIT CLOSE: Credit bid wider but primary market busiest this year
Britain attracts orders in excess of 14.5 bln sterling on linker syndication-bookrunner
The money to Mexico finds a new path in apps
De La Rue seeks partners for banknote paper business
Temasek sees no sharp rebound in global startup valuations
UK watchdog study finds cautious banks ditching customers
BRIEF-Shenzhen Keybridge Communications's share trade to halt pending announcement
INSIGHT-In Iran, dividends of nuclear deal are slow to appear
BRIEF-Czech bank Moneta says share stabilisaton period after IPO has ended
BRIEF-Jiangsu Lugang Science & Technology to invest in Changchun Rural Commercial Bank
GLOBAL MARKETS-Shares climb as markets play Fed waiting game
German investor morale falls in May as Brexit risks cloud outlook
Temasek sees no sharp rebound in global startup valuations
BRIEF-Bluedon Information Security Technology completes setting up subsidiary in Hong Kong
In Iran, dividends of nuclear deal are slow to appear  
CEE MARKETS-Zloty falls further as EU-Poland tensions flare
UPDATE 4-Chinese billionaire Chen's Shanda buys 11.7 pct of LendingClub
Chinese billionaire Chen's Shanda buys 11.7 percent of LendingClub 
BRIEF-Blackcow Food's shares to halt trading pending announcement
Fitch Rates Axis Bank's USD500m Green Bonds Final 'BBB-'
EMERGING MARKETS-Turkish lira bounces on cabinet news; emerging assets feel dollar heat
Column: China's aluminium market shrouded by statistical smoke and mirrors - Andy Home
Kazakh sovereign fund raises forecast for 2016 average tenge rate
BRIEF-Dolphin Integration FY revenue down slightly at 14.5 million euro
BRIEF-Yintech Investment reports Q1 earnings per share RMB2.81
SE Asia Stocks-Bearish on U.S. rate rise concerns, falling oil
Britain sells 3.5 bln stg of 2046 index-linked gilt via syndication - bookrunner
BRIEF-Konfio receives new round of investment for $8 mln
Financial tech startups compete for overlooked U.S. immigrant market
BRIEF-Exco Resources streamlines board with concentrated equity ownership
Indian shares snap 4 days of losses on better corporate earnings
Investors bank on bookies for Brexit trends as pollsters sow confusion
BRIEF-Patterson-UTI Energy sees 2016 capex $170 mln vs reported capex $744 mln in 2015
SWIFT to unveil new security plan after hackers' heists
UPDATE 1-Energy group CEFC to lease crude storage to ChemChina for strategic reserves
BRIEF-Firstfarms Q1 EBIT drops to DKK 1,000
Egyptian pound stable at Tuesday's auction, weaker on black market
Hedge funds, anticipating ECB buys, move into long-dated euro zone debt
Hedge funds, anticipating ECB buys, move into long-dated euro zone debt
European shares rise as financial stocks gain ground
BRIEF-Nant Health sees IPO of 6.5 mln shares priced between $12.50-$15.50/shr
DP World may increase 2017 sukuk buy-back on tender response
BRIEF-Kirkland's Q1 earnings per share $0.06
SWIFT to unveil new security plan after hackers' heists
Investors bank on bookies for Brexit trends as pollsters sow confusion
China's Li says reducing excess capacity is key task in supply-side reform
Energy companies tend to skip bankruptcy loans - Fitch
BRIEF-Qingdao Haier's asset acquisition plan passes Mexico's anti-monopoly review
BRIEF-China Hainan Rubber's share trade to halt from May 25 pending announcement
UPDATE 2-EDF says cannot give timing for UK nuclear investment decision
Preview: Penguins at Lightning
UPDATE 1-Kenya's central bank sees 2016 growth up, current account deficit down
MasterCard ties up with Softbank's robot for Asia payment services
Danske Bank to raise mortgage fees as tougher regulations loom
Buy UK bank bonds, long-dated gilts regardless of Brexit vote -Pimco
BRIEF-WL Ross Holding says $182.6 mln investment by First Pacific Advisors
BRIEF-Best Buy says current chief strategic growth officer Orie barry to be co's CFO
UPDATE 1-UK banks ditching fintech, foreign customers to cut costs
Dubai's Noor Bank launches $500 mln 5-yr sukuk at 6.25 pct
COLUMN-China's nickel imports still flattering to deceive: Andy Home
US STOCKS-Futures rise, but focus still on Fed
BRIEF-Best Buy says CFO Corie Barry will receive annual base salary of $750,000
BRIEF-Root9b sees FY 2016 revenue about $48 million
MasterCard ties up with Softbank's robot for Asia payment services
BRIEF-Sky-Mobi reports Q1 earnings per share RMB 0.01
Shell says oil sector needs to invest trillions even within climate limits
Nigeria FX reserves down 2.7 pct as markets eye rate decision
Solid Kingfisher, banks lift Britain's FTSE 100
CANADA STOCKS-Futures trade slightly higher
Risks to euro zone financial stability have increased, ECB warns
RPT-COLUMN-Coking coal's sensible response to China's steel boom: Russell
COLUMN-What's so scary about falling population, growth and prices? - James Saft
COLUMN-What's so scary about falling population, growth and prices? - James Saft
RPT-U.S. refiners see surprise surge in diesel demand
Total CEO says will "seriously reconsider" investments in France due to strikes - iTele
Japan an alluring target for Standard Bank ATM thieves
Property bug, spending boost German GDP
G7 statement: Finance ministers agreed to avoid competitive devaluation
G7 to examine economic risk, vow policy mix to spur growth: sources
BRIEF-Euroseas Q1 loss per share $0.40
FOREX-Dollar rallies on expectations of summer interest rates hike
BRIEF-Montea to list 447,231 new shares on Euronext Brussels - Euronext
LME report shows funds cut net long copper positions
BRIEF-Efore lowers 2016 earnings forecast
BRIEF-Wells Fargo to launch mobile wallet
BRIEF-UMT United Mobility Technology resolves cash capital increase
BRIEF-Primeline says plans to start arbitration proceedings against CNOOC
BRIEF-iStar appoints new CFO
BRIEF-Bancorp names Damian Kozlowski CEO
BRIEF-First Internet Bancorp offering of 896,000 shares priced at $24/shr
BRIEF-Behrman Capital to sell Data Device Corp to TransDigm for $1 bln
Japan an alluring target for Standard Bank ATM thieves
BRIEF-Pegroco Invest Q1 operating loss widens to SEK 3.7 million
GLOBAL MARKETS-Shares, dollar climb as markets play Fed waiting game
BRIEF-Xiangxue Pharma plans to acquire 1.57 bln yuan worth of assets
BRIEF-Best Buy Co Inc says Corie Barry to become CFO
US STOCKS-Wall St set to open higher, focus on Fed
BRIEF-Shell investor Royal London 'disappointed' over executive pay
CORRECTED-(OFFICIAL)-Sovereign funds seek out yield in illiquid private debt funds
ECB working on fresh non-performing loan proposals: Nouy
India drugmaker Cipla profit falls short of forecast, down 69 pct
BRIEF-Tower says to raise up to 820 mln rand via issuance of new shares
BRIEF-Standard Life Investments votes against appointing EY as Shell auditors at AGM
BRIEF-PennyMac units previously announced postpones private offering
Fitch: Brexit Impact on UK Bank Ratings Dependent on Terms
BRIEF-Humboldt Capital reports qtrly earnings per share $0.04
TREASURIES-U.S. 2-to-10-year yield gap tightest since 2007
BRIEF-Digital China Information Service to raise up to 1.15 bln yuan in private placement
BRIEF-Hertz Global says in 2016, expect to benefit from continued growth in non-oil, gas markets
Fed rate hikes good for world, bad for emerging markets: ECB's Constancio
BRIEF-Hunan TV & Broadcast to buy stakes in two online tech firms for 1.2 bln yuan
US STOCKS SNAPSHOT-U.S. stocks open higher
BRIEF-Agrarius FY 2015 group EBITDA at 452,000 euros
Your Money: Three ways to budget for fun in retirement
BRIEF-AT&T; says names Anthony Robbins as Vice President-Global Defense in public sector solutions business
CANADA STOCKS-TSX rises to a 7-month high, led by financials
BRIEF-Sumner redstone names National Amusements EVP Jankowski & former media executive and analyst Jill Krutick to his trust - CNBC
CANADA FX DEBT-C$ pares losses against greenback as oil rises
BRIEF-Viacom board poised for Sumner Redstone to make changes - CNBC
PRECIOUS-Gold hits 4-week low as U.S. rate hike outlook weighs
Swiss exports edge down in April but bring in more earnings
U.S. new home sales race to eight-year high, prices soar
US STOCKS-Wall St opens higher, banks gain on rates speculation
UPDATE 1-Bank of India sees better year ahead after Q4 loss
Japan, Canada share "serious concerns" on South China Sea-PM Abe
TREASURIES-U.S. bonds extend losses on robust home sales data
Top banks gain from discontent over hefty LME fee increases
Japan, Canada share 'serious concerns' on South China Sea: PM Abe
Top banks gain from discontent over hefty LME fee increases
UPDATE 1-Shell CEO warns renewables shift could spell end if too swift
UPDATE 1-Dubai's DP World launches $1.2 bln sukuk issue to cover tender
UniCredit freezes Pioneer deal with Santander, awaits new CEO-sources
As disaster risks rise, 20 vulnerable nations get help to prepare
Consumers and construction drive German growth, Brexit clouds outlook
Russia's Eurobond order book still open - two financial sources
BRIEF-Royal Canadian Mint says on track to achieve financial goals for current fiscal yr
Britain's FTSE 100 hits three-week high as banks, Kingfisher rally
CEE MARKETS-Forint rebounds as Hungary ends rate-cutting cycle
Shell CEO warns renewables shift could spell end if too swift
UPDATE 3-Best Buy forecasts profit below estimates, shares plunge
MIDEAST STOCKS-Gulf mostly rises, quieter as Ramadan nears
BRIEF-Phillips 66 Partners director Haney buys 8,000 of co's common units on May 20
European shares climb to 4-week highs as financial stocks rally
UPDATE 1-India's Cipla Q4 profit lags due to one-off charges in Europe, emerging markets
BRIEF-Moody's says "encroaching" competition to chip away at Boeing-Airbus duopoly
BRIEF-Moody's says central, eastern European banks to face revenue challenges in 2016-17
BRIEF-Contemplated sale of shares of NEL ASA
Highlights: Bank of England policymakers appear before parliament
BRIEF-GoPro's CEO says Red Bull's stake in company is less than 1 pct - CNBC
UPDATE 2-Shell faces rising investor discontent over executive pay
BRIEF-Midland States Bancorp shares open at $22.06 in debut
U.S. household debt rises to $12.25 trillion in Q1 -New York Fed
Wells Fargo lowers targets for returns on equity, assets
U.S. household debt rises to $12.25 trillion in first quarter: New York Fed
Russia's Eurobond not to be included in Barclays indices - statement
RPT-UniCredit freezes Pioneer deal with Santander, awaits new CEO-sources
FOREX-Dollar rallies as bets on June-July Fed rate hike increase
BRIEF-New Equity Venture: Associated company MobilÃ¥tervinnig i Sverige approved for listing
BRIEF-AHT Syngas Technology: price of new shares set at 7.0 euros
TREASURIES-U.S. bond prices fall on stocks, homes sales data
Intesa chosen as consultant for Rosneft privatisation - Interfax
BRIEF-Net Element Inc will effect a one-for-ten reverse stock split
BRIEF-Time Inc acquires CCI Asia-Pacific Ltd
BRIEF-DIVERGENT Energy Services reports qtrly basic loss per share of $0.02
CANADA STOCKS-TSX rises to a 7-month high, led by banks and energy stocks
UPDATE 1-ECB preparing fresh non-performing loan proposal -Nouy
BRIEF-Williams, ETE set trial, shareholder vote for late June
GLOBAL MARKETS-Dollar climbs on Fed expectations; stocks jump
Indian regulator bars two companies from securities markets
US STOCKS-Wall St rises more than 1 pct as bank, tech stocks jump
BRIEF-Mackinac Financial Corporation to acquire Niagara Bancorporation
Buenos Aires back in market after year's hiatus
UPDATE 1-Britain's 2046 syndication draws record demand for index-linked gilt - DMO
Fitch Affirms Wynn Resorts' IDR at 'BB'; Stable Outlook
BRIEF-Epigenomics issues new shares by way of private placement
As disaster risks rise, 20 vulnerable nations get help to prepare
UPDATE 1-Total says strikes could jeopardise its investments in France
BRIEF-Toll Brothers says there's no demand weakness at "high end" of market
Best Buy forecasts profit below estimates, shares plunge
CORRECTED-UPDATE 1-Wells Fargo lowers targets for returns on equity, assets
EMERGING MARKETS-Brazil stocks, currency rise on local politics, austerity measures
BRIEF-Airbnb says to "increasingly" invest in localizing Airbnb in China - Startup Fest Europe
European shares climb to 4-week highs as financial stocks rally
BRIEF-Financiera TFC buys 49.995 pct in Latina Broker Asesores y Corredores de Seguros
BRIEF-Ceres Global appoints Robert Day as interim CEO and president
BRIEF-Merge Labs Inc says raised about $10.1 million in equity financing - SEC Filing
Factbox: Climate change proposals for Exxon, Chevron shareholders
Oil rises on U.S. crude drawdown hopes, Wall Street rally
BRIEF-Banco Financiero del Peru to increase capital by 12 pct
BRIEF-Moody's reviews Bayer's ratings for downgrade on Monsanto acquisition announcement
Britain's FTSE 100 hits three-week high as banks rally
US STOCKS-Wall St jumps as tech, bank stocks rally
BRIEF-Monsanto views Bayer's current proposal financially inadequate; says open to discussions
Fitch Affirms Sunrise Communications Holdings S.A. at 'BB+'/Stable
Britain's Serious Fraud Office re-examines funding model
GLOBAL MARKETS-Dollar hits 8-wk high on Fed views; stocks jump
It's time to buy mortgage-backed securities
BRIEF-Orix will raise 94 bln yen at the end of May through 60-year hybrid loans - Nikkei
U.S. refrains on Treasury trade disclosure - Treasury's Singh
French government weighing possible PSA stake sale - Les Echos
BRIEF-Zensho Holdings' beef bowl unit likely to earn operating profit of nearly 9 bln yen for FY ending in March 2017 - Nikkei
Foreign investors bought $1.3 bln of Russia Eurobond - source
BRIEF-Norinchukin Bank to likely report group net profit of around 270 bln yen for year ended in March - Nikkei
PRECIOUS-Gold hits 4-week low as U.S. rate hike outlook weighs
BRIEF-Quattro exploration and production expects financial statements will be completed and filed on or before May 30, 2016
BRIEF-Clickd Holdings, LLC says it has sold $32.9 mln in equity financing - SEC filing
Apple rehires prominent security pro as encryption fight boils
BRIEF-SEC reviewing Valeant's use of 'Non-GAAP' financial measures - WSJ
WRAPUP 2-U.S. new homes sales hit 8-year high, point to firming economy
Apple rehires prominent security pro as encryption fight boils
BRIEF-Weis Markets Inc to purchase five Mars Super Markets in Baltimore county
Apple rehires prominent security pro as encryption fight boils
BRIEF-International Frontier Resources Corp reports Q1 loss per share of C$0.004
Russia, China add more gold reserves; Venezuela sells more
Tribune twists governance to wager investorsâ cash
Russia finmin: foreign interest in Eurobond showed high trust in Russia
U.S. business borrowing for equipment falls in April - ELFA
U.S. business borrowing for equipment falls in April: ELFA
US STOCKS-Wall St surges over 1 percent, banks and tech rally
U.S. Treasury's Sheets says China yuan needs to show upside 'flexibility'
Congress to weigh spending cuts to U.S. securities regulator
Congress to weigh spending cuts to U.S. securities regulator
Congress to weigh spending cuts to U.S. securities regulator
FOREX-Dollar rallies as bets on June-July Fed rate hike increase
TREASURIES-U.S. bond prices end down but off lows on strong auction
U.S. bank registry for misconduct gains traction in quest to fight recidivism
BRIEF-Gibsons Energy announces $200 mln equity financing and $100 mln debenture offering
GLOBAL MARKETS-Dollar nears 10-wk high on Fed views; stocks rally
UPDATE 2-U.S. refrains on Treasury trade disclosure -Treasury's Singh
MOVES- Bank Hapoalim, HSBC, Allianz Global
Deals of the day- Mergers and acquisitions
US STOCKS SNAPSHOT-Wall St jumps on bank, tech rally
BRIEF-Nimble Storage reports Q1 loss per share $0.51
CANADA STOCKS-Bank shares boost TSX ahead of earnings
BRIEF-PDL Biopharma says agreed to equity investment in Noden Pharma
Rare U.S. coins expected to fetch up to $27 million at New York auction
Stung by loss of secrecy at home, Swiss banks run into trouble in Asia
U.S. refrains on Treasury trade disclosure: Treasury's Singh
Bill to cloak U.S. 'dark money' seen as harmful to charity fraud fight
BRIEF-Intuit Inc Q3 GAAP earnings per share $3.94
Clinton: Trump cheered housing crisis to "make some money"
BRIEF-Aspect Software says it expects to emerge from restructuring process imminently
US STOCKS-Banks and tech drive Wall St up over 1 percent
NYSE short interest rose 1.6 percent in mid-May
Wealth Management News - May 24
BRIEF-Thomson Reuters renews NCIB, may repurchase up to 37.5 mln shares
UPDATE 1-U.S. Treasury to press China to improve investment climate -official
U.S. Treasury to press China to improve investment climate: official
BRIEF-Nasdaq announces mid-month open short interest positions
Strongest day in three months for stocks
SEC raises concerns about Valeant's use of "Non-GAAP" measures
BRIEF-Dycom Industries posts Q3 adjusted non-gaap EPS of $1.08
US STOCKS-Banks and tech drive Wall St up over 1 percent
BRIEF-Pacific Coast Oil Trust says there will be no June cash distribution
BRIEF-Universal Corp Q4 earnings per share $1.72
BRIEF-CNinsure Q1 revenue RMB 697.5 million
CANADA FX DEBT-C$ stabilizes against greenback as oil rises
DoubleLine's Gundlach says recent US stock rally feels like short squeeze
BRIEF-Cub Energy Inc posts quarterly EPS of $0.00
CANADA STOCKS-Bank shares boost TSX ahead of earnings
BRIEF-Dominion Citrus Income Fund to sell assets for $10.8 mln
EMERGING MARKETS-Brazil stocks, currency rise on local politics, austerity measures
BRIEF-Energy Recovery to buy up to $10 mln of outstanding stock
BRIEF-Till Capital reports 1st qtr net loss of $758,280
BRIEF-Computer Sciences Corp posts adj profit of 73 cents/ share
UPDATE 3-Wells Fargo lowers financial targets, cuts energy loan exposure
Wells Fargo lowers financial targets, cuts energy loan exposure
Stung by loss of secrecy at home, Swiss banks run into trouble in Asia 
UPDATE 1-DoubleLine's Gundlach says U.S. stock market is 'dead money'
BRIEF-Empery Asset Management reports 8.58 pct passive stake in Sophiris Bio
UPDATE 1-SEC raises concerns about Valeant's use of "Non-GAAP" measures
SEC raises concerns about Valeant's use of 'Non-GAAP' measures
Australia shares set to open up 1.4 pct, rebounding from two-week low
SEC raises concerns about Valeant's use of "Non-GAAP" measures
BRIEF-Realty Income closes 6.5 mln share common stock offering
Exclusive: ItaÃº to appoint Ferraz as head of U.S.-based asset manager - source
Banks and tech drive Wall Street up over 1 percent
REFILE-GLOBAL MARKETS-Dollar nears 10-week high on Fed views; stocks rally
Dollar nears 10-week high on Fed views; stocks rally
From hinterland to wonderland: China's "teapot" refinery boomtowns
China's wary lenders force rust-belt country to take expensive shadow bank loans
S.Korea 1st-qtr short-term external debt burden eases further
Taiwan banks explore promise, peril of Southeast Asia
PRESS DIGEST- Financial Times - May 25
BRIEF-Breitburn Energy announces trading to begin on the OTC market
DIARY-Emerging Markets Economic Events to June 1
DIARY-Top Economic Events to June 6
PRESS DIGEST- British Business - May 25
Singapore final Q1 GDP +0.2 pct q/q, slightly better than forecast
FOREX-Dollar boosted by robust U.S. housing data, pound solid
RPT-Stung by loss of secrecy at home, Swiss banks run into trouble in Asia
PRECIOUS-Gold hits 7-week low as Fed rate hike prospects boost dollar
Fitch downgrades Credit Suisse on challenging capital markets
Euro zone hails "breakthrough" with Greece, IMF debt deal
Fitch: Global Logistic Properties' Rating Unaffected by China Slowdown
China's Belle annual profit down 38 pct as consumer taste changes
DoubleLine's Gundlach says U.S. stock market is 'dead money'
BRIEF-Tibet Urban Development and Investment says 2015 dividend payment date
China studying to open up commodities futures market-CSRC
Pemex discusses potential business opportunities with Lukoil
China's Peak Sport controlling shareholder plans to take firm private, shares jump
BRIEF-Tianjin Quanyechang Group issues corporate bonds worth 300 mln yuan
BRIEF-Sunyard System Engineering to invest 12.8 mln yuan to set up JV with partners
RPT-UPDATE 1-Energy group CEFC to lease crude storage to ChemChina for strategic reserves
Taiwan stocks at nearly 1-month high; techs jump
BRIEF-Jiangsu Sunshine to provide 200 mln yuan loan guarantee for shareholder
Nikkei rebounds on weaker yen; Sony soars on growth outlook
BRIEF-Suzhou Hesheng Special Material says shareholding change
Australia shares rebound 1.7 pct, energy, resources firms lead
China to protect IP, won't over-regulate innovation - Premier Li
BRIEF-Japan's Universal Entertainment affiliate Tiger Resort hikes Manila casino investment
China to protect IP, won't over-regulate innovation: Premier Li
UPDATE 6-Clinton knocks Trump for cheering housing bubble burst
UPDATE 1-China looking at opening up commodities futures markets -regulator
China looking at opening up commodities futures markets: regulator
BRIEF-Ourpalm updates coupon rate of 2016 corporate bonds
BRIEF-Hangzhou CNCR-IT forms strategic partnership with Jusfoun Big Data
UPDATE 2-Fitch downgrades Credit Suisse on challenging capital markets
UPDATE 2-Singapore slashes trade outlook after anaemic Q1 GDP growthChinese Shares Down Thursday Over Sustained Currency Worries
Brent Oil Futures Rise Above $50, Highest Since November
LendingClub Fund Falters
Costco’s Third-Quarter Sales Stagnate
Google, Fiat Chrysler Begin Work on Self-Driving Minivans
Brazil Names New Heads of Banco do Brasil and Caixa Economica Federal
Australia Regulator Flags Concerns about A$8.9B Asciano Bid
Hong Kong Aims to Launch First Yuan Benchmark Index
Have Department Stores Lost Their Way?
U.S. Addresses Banks’ Complaint Over Pacific Trade Deal
Insurers Seek Big Premium Boosts
Golfer Phil Mickelson’s Gambling Entanglements Put Legacy on Line
Arca Continental to Bottle and Distribute Coca-Cola in Southwest U.S.
Roundup of Form D Regulatory Filings--May 25
Exxon, Chevron Shareholders Reject Climate-Change Stress Tests
Top IMF Official Calls for New Look at Capital Controls
TransferWise Valued at $1.1B in New Round
Citibank to Pay $425 Million in Benchmark Probes
New York REIT, JBG Cos. Agree to Merge
Shrinking Oil Revenues Prompt Gulf States to Sell Bonds
The Fed’s Amazing Self-Fulfilling Forecast
Guess Inc. Reports First-Quarter Loss
Zohar Funds Manager Turns Up Pressure on Funds’ Creator
The Structure of the International Monetary System
Lions Gate Tops Wall Street Views on Strong TV Results
Bank of Montreal Posts Profit Decline, More Layoffs Coming
PVH Raises Earning Guidance on Strong Sales
Natural Gas Rises Ahead of Inventory Data
Dollar Edges Lower as Traders Look to Yellen’s Speech
Stocks Extend Rally, Buoyed by Oil
J.Crew Sales Slip Amid Weakness in Brand Name
IMF: No Cash Now for Greece in Absence of Debt Relief
Banks Ramp Up Risk With Big Trades to Help Companies Sell Stock
Bayer’s Room to Raise Monsanto Bid Looks Limited
Crash Is a Test of EgyptAir’s Mettle
Bank of Mexico Sticks to 2016 Growth Outlook, Trims 2017 Forecast
Fed’s Kaplan Seeks Rate Rise Soon, but Not Necessarily in June
Sarepta: FDA’s Decision on Dystrophy Drug Delayed
Voices: How One Adviser Helps Clients With Emotionally Fraught Decisions
Mobile Financial Services and the ‘Underbanked’
Oil Prices at Seven-Month High as U.S. Stockpiles Drop
Wi-Fi Router System Eero Raises $50M
Bank of Korea Chief Suggests GDP May Now Be a Less Reliable Gauge
U.S. Natural-Gas Inventories Seen Up in Week
London-Listed Cocoa Company Operating Illegally, Peru Says
Report Finds Big Banks Have to Improve  ‘Living Wills’
Sanofi Moves to Replace Medivation Board
Drug Developer Arrivo BioVentures Launches With $49M
Fed’s Neel Kashkari: Fed Not Good at Predicting Oil Prices
Monsanto Rejects Bayer Merger Bid, Will Weigh Talks
Bank of Canada Maintains Key Interest Rate at 0.5%
MSG, Las Vegas Sands Plan 17,500-Seat Concert Venue
Fed Survey Finds Improvement in Household Finances
Hedge Fund Activism and Innovation
New York Times to Offer Buyouts
The Bright Side of Globalization
Regional Fed Officials Push Back at Reform Proposal
Russia Eyes Another Bond Sale After Falling Short of Target
U.S. Crude Supplies Fall More Than Expected
Yellen Letter Suggests Fed Can’t Bail Out Puerto Rico
Neither Hawk Nor Dove: Philadelphia Fed Chief Claims He’s a Policy ‘Eagle’
Chevron-Led Consortium to Invest Up to $37 Billion in Kazakh Oil Field
Exelon Says Two Plants Fail to Clear Auction
Shell to Lay Off Another 2,200 Staff
China Fixes Yuan at Five-Year Low Against Dollar
Singapore Exchange in Exclusive Talks to Buy Baltic Exchange
Hormel Names Accounting Chief as CFO Successor
Tiffany Sales Decline More Than Expected
China Looks to Open Up Commodities Futures Market, Regulator Says
Express Cuts Guidance as Sales Growth Slumps
Buddybuild Raises $7.6M To Automate Mobile App Development
Dashlane Secures $22M To Boost Payment Services
Viptela Raises $75M as Valuation Leaps to $875M
Health Plans Turn to Data Analysis Startups for Help With Disease Prevention
Demisto Grabs $6M To Help Security Professionals Collaborate
EquipmentShare Gets $5.5M to Rent Construction Equipment
Stada Arzneimittel Holds Buyout Talks With CVC Capital
Tracy’s Take: Global Regulators Raise a Red Flag on Their Blind Spots
French Banking Chief Defends Draghi Against German Critics
Hilsenrath’s Take: China Yuan Pressures Showing up in U.S. Real Estate
Tracy’s Take: Global Regulators Raise a Red Flag on Their Blind Spots
German Survey Shows Economy Still Robust
Asia Shares Rise on Oil Price Gains
M&S Earnings Tumble, Profit Warning Rattles Investors
Developing Economies and Unconventional Monetary Policy
The Impact of Negative Rates on Derivatives Activity
Dollar Flat Against Yen, Euro
Market direction: Neutral