Date: 2016-01-06 00:00:00
S&P 500 (SPY) — open: 201.4, high: 201.9, low: 200.05, close: 201.36, volume: 110845800, daily change: 0.0017
News headlines:
COLUMN-Stock-market-by-diktat not working for China: James Saft
Canada's Manulife seeks to revive Singapore REIT IPO this year -exec
UPDATE 2-Australian electronics collapse highlights risks of PE turnarounds
UPDATE 1-China rail freight volumes post largest annual decline-Caixin
Australia, NZ shares stumble as China weighs
MIDEAST STOCKS-Markets may stabilise on global equities, oil
PRESS DIGEST- New York Times business news - Jan 5
Bank of China taps Goldman for $3 bln BOC Aviation IPO -sources
BRIEF-Trigano Q1 revenue up at 311.1 million euros
China insurance fund to invest in Russia's Yamal LNG
WRAPUP 2-China battles to shore up stocks, yuan after globe-shaking slide
Nikkei falls in choppy trade as weakness in China stocks sours mood
European Factors to Watch-Shares seen bouncing back
UK Stocks-Factors to watch on Jan 5
PRESS DIGEST - Wall Street Journal - Jan 5
UPDATE 1-At least 10 Chinese companies say major shareholders would extend share sale ban
At least 10 Chinese companies say major shareholders would extend share sale ban
BRIEF-Oncodesign and Bristol-Myers Squibb enter into strategic drug discovery collaboration
BRIEF-GRENKELEASING FY 2015 new business volume up 26 pct at EUR 1.70 bln
BRIEF-Germany's Brain AG plans IPO on Frankfurt stock exchange
MIDEAST STOCKS-Gulf markets soft, some local retail traders cash out
Swiss stocks - Factors to watch on Jan 5
UPDATE 1-Toyota undershoots expectations with 2.7 pct China growth target in 2016
German bond yields rise as stocks bounce back
China stock indexes close mixed after volatile day as regulators fight retail bears
British retailer Next reports disappointing Christmas sales
German stocks - Factors to watch on January 5
Fitch Rates Bank Sinarmas 'A(idn)'; Outlook Stable
PRECIOUS-Gold extends gains on stock rout, Middle East tensions
TABLE-Foreign trading in South Korean stocks
SE Asia Stocks-Most fall back; Malaysia, Indonesia recover
BRIEF-Nanobiotix starts new research program in Immuno Oncology with NBTXR3
BRIEF-Zhengzhou Yutong's bus sales down 1.3 pct in Dec
GLOBAL MARKETS-Asia shares retreat again as China stocks' recovery short-lived
BRIEF-Eurocastle Investment to invest in two loan portfolios and sell Zama portfolio
BRIEF-Shanghai Jiaoda Onlly to boost Hong Kong unit's capital
BRIEF-G5 Entertainment preliminary Oct-Dec revenue SEK 100 mln
Foreign banks in China could face curbs if they snub gold benchmark
BRIEF-Gaming Innovation to issue 23,000,000 new shares
UPDATE 2-UK Stocks-Factors to watch on Jan 5
European Factors to Watch-Shares seen bouncing back, miners may outperform
BRIEF-Shennong Gene Tech's controlling shareholder, executives extend period of not selling shares
China fights off another markets plunge
Dassault's Falcon jet deliveries sag with emerging markets
BRIEF-Shanghai Fosun Pharma gets regulatory approval to issue up to 5 bln yuan bonds
Miners and telecoms help European shares bounce back
Dassault's Falcon jet deliveries sag with emerging markets
Hong Kong shares fall, tracking weak global markets
BRIEF-Ariston Holdings's informs Co is negotiating transaction involving proposal from Origin Global Holdings
BRIEF-Deutsche Grundstuecksauktionen FY property turnover of EUR 105 mln
WRAPUP 3-China battles to shore up stocks, yuan after globe-shaking slide
China battles to shore up stocks, yuan after globe-shaking slide
BRIEF-UK-based WKM Ltd buys 29 pct stake in Macro Games
BRIEF-Serendipity Innovations changes name to Sdiptech AB
BRIEF-Hunan Investment's unit sells commercial property in Changsha city
Vietnam index drops 0.8 pct amid weak China
German bond yields steady as China tries to stem market rout
BUZZ-Next: Worst European retail stock as Christmas disappoints
Oman sovereign fund, others plan $260 mln mining venture
ASIA CREDIT CLOSE: Lack of new supply supports benchmark bonds
UPDATE 1-Bank of China taps banks for world's biggest aircraft leasing IPO -sources
Bank of China taps banks for world's biggest aircraft leasing IPO -sources
Fitch: Sector Outlook for French life Insurers Remains Negative
BRIEF-Lancy Co to issue 900 mln yuan worth of corporate bonds
Indian shares choppy after China sell-off, earnings awaited
BRIEF-Henan Kedi Dairy's share trade to halt pending share issue
Spread between onshore, offshore yuan widest since September 2011
Foreign banks in China could face curbs if they snub gold benchmark
BUZZ-Aberdeen: Barclays points out risks beyond EM exposure
Rally in mining and telecom shares helps European equities
BRIEF-Beijing Utour's unit plans to invest $25 mln in Qyer Inc
BRIEF-Guangdong Chant Group to divest stake in unit for 254 mln yuan
BRIEF-CSY lowers its stake in RSY to 27.76 pct after capital increase
FOREX-Euro falls as investors' appetite for risk stabilises
MIDEAST STOCKS-Saudi edges down as Savola plunges; Egypt up in thin trade
Stubborn oversupply through 2016 to curb oil price recovery: poll
End of easy money for mini-refiners splitting U.S. shale?
GLOBAL MARKETS-Share market settles after stormy start to year
BRIEF-Ping An Bank's CFO resigns due to personal reasons
BUZZ-Bunzl: 2nd top FTSE gainer on Credit Suisse TP hike
BRIEF-Kangmei Pharma's controlling shareholder, executives pledge not sell shares until 2017
India cbank likely intervened to curb rupee fall - traders
Analysis: New Saudi-Iran crisis threatens wider escalation
UPDATE 3-S.China Sea tensions surge as China lands plane on artificial island
China regulator queries Microsoft on findings in anti-trust probe
Britain's FTSE outperforms Europe, Royal Mail and Tesco rise
Euro zone inflation lower than expected in Dec
U.S. small businesses borrowed less in November -PayNet
BRIEF-China's GEM to acquire stake in management firm
China regulator queries Microsoft on findings in anti-trust probe
BRIEF-Deutsche Beteiligungs secures 50 mln euro credit line
RBI likely intervened to curb rupee fall - traders
Fitch Rates KAS BANK 'A-'; Outlook Stable
U.S. small businesses borrowed less in November: PayNet
Indian shares close at lowest level in over 2 weeks
BRIEF-Future Land's unit to acquire Wuhan property firm for 168.6 mln yuan
Sensex closes at lowest level in over two weeks
BRIEF-Sanan Optoelectronics' unit receives supporting fund of 150 mln yuan
UPDATE 1-German trade group fears "erosion" of Europe, slams France and ECB
German trade group fears 'erosion' of Europe, slams France and ECB
S.China Sea tensions surge as China lands plane on artificial island
UPDATE 1-Euro zone core inflation dip adds to ECB's headache
BRIEF-Future Land's 2015 contract sales at 31.9 billion yuan
UPDATE 1-ECB raises bar for banks' payouts if capital is low
Global investment banking fees fall 8 pct in 2015
Global investment banking fees fall 8 percent in 2015
RPT-UPDATE 1-ECB raises bar for banks' payouts if capital is low
UPDATE 1-Former head of China's COFCO named Sinochem chairman
China decries 'groundless accusations' over missing HK booksellers
SE Asia Stocks-Thai index at 2-yr low on telecoms selling
MOVES-Aviva Investors appoints David Clayton as CFO
BRIEF-Drax says EC opened investigation into award of contract to co
BRIEF-Chongqing Lummy Pharma plans private placement of bonds
Some Yahoo investors want to sell Internet business even if it triggers big tax bill
GLOBAL MARKETS-Stocks slide as China fails to quell stormy start to year
CANADA STOCKS-China continues to scare investors, futures trade lower
German bond yields stabilise after Chinese intervention
FOREX-Yen soars as investors lose their risk appetite, again
Exclusive: Barclays to cut Asia investment banking jobs next week - sources
US STOCKS-Futures lower on global growth worries
REFILE-European shares inch lower as China uncertainty continues to weigh
MOVES-Hermes Investment names David Stewart as chairman
BRIEF-Aspocomp lowers its profit forecast for 2015
EU data protection reform may promise more than it delivers
COLUMN-Stock-market-by-diktat not working for China: James Saft
Stock-market-by-diktat not working for China: James Saft
Financial institutions may invest in Polish coal miner KW- minister
China fails to quell stormy start to 2016
Emirate of Sharjah picks banks for potential benchmark sukuk - sources
Britain's FTSE outperforms in Europe as miners regain ground
Fairchild terms China Resources offer superior to ON Semi's
Fairchild terms China Resources offer superior to ON Semi's
Euro zone: unsteady start to 2016
U.S. fed funds rate back within Fed's target range
Israel government kick starts growth funds for mid-sized firms
Fitch: U.S. Hospitals Face Challenges to Profitability in 2016
FINRA to examine "firm culture" in Wall Street brokerages
LME report shows funds' net copper long position rising
Egypt M2 money supply rises 19.4 pct in November - central bank
EMERGING MARKETS-Latam currencies strengthen slightly; China concerns linger
BRIEF-Co-Operative Bank of Kenya secures USD 105 mln from IFC
US STOCKS SNAPSHOT-Wall St opens flat after Monday selloff
CANADA STOCKS-TSX seesawed as weaker oil prices weigh on energy, financials rise
Online Chinese travel agency Qunar faces airline revolt
US STOCKS-Wall St higher as investors recover from selloff
Nuverra turns to Lazard for debt restructuring: sources
China battles to shore up stocks, yuan after globe-shaking slide
Britain's FTSE outperforms in Europe as miners regain ground
CORRECTED-CANADA FX DEBT-C$ little changed as global stocks sell-off slows
UPDATE 8-Oil prices drop as weak China data and stronger dollar drag
Gold gains as stock rout, Middle East tensions trigger demand
MEDIA-Mitsubishi UFJ said to establish division for fintech research -Bloomberg
BRIEF-Koumbas proposes dissolution and liquidation
BRIEF-Wojas Dec. 2015 revenue down 22.1 pct yoy
CANADA STOCKS-TSX falls as weaker oil weighs on energy stocks
European shares led higher by miners, China worries persist
TREASURIES-Long-dated yields rise on reduced global growth concerns
Deutsche Bank sale of Postbank faces delay -WirtschaftsWoche
DoubleLine Capital posts 23rd straight month of inflows in December
German bond yields stabilise after Chinese intervention
UPDATE 1-Denmark's FX reserves drop the most since 2008
Euro zone core inflation dip adds to ECB's headache
U.S. 'alt' mutual funds, pitched for safety, carry risk of their own
U.S. 'alt' mutual funds, pitched for safety, carry risk of their own
FOREX-Yen jumps on jitters over China, Middle East
BRIEF-Trigano Q1 revenue up 29.3 pct at 311.1 million euros
BRIEF-ING Groep to sell 33 million shares in NN Group
US STOCKS-Wall St muted as investors recover from selloff
UPDATE 1-Argentina peso slides more than 5 pct on weak dollar inflows
Goldman Sachs invests $66 million in Indian hotel firm Samhi: statement
Ally Financial turns down Lion Point request to explore alternatives
U.S. candidate Sanders to lay out plan to break up big banks in 1st year
GLOBAL MARKETS-Stocks slide as China growth worries fester
U.S. naval chief eyes new approaches for quickly changing threats
Britain's FTSE outperforms in Europe as miners regain ground
Nigeria needs new revenues - IMF chief
Candidate Sanders to lay out plan to break up big banks in 1st year
Fiat Chrysler's Canadian sales rise in 2015
Nevsky Capital founders call time on $1.5 bln hedge fund
Nevsky Capital founders call time on $1.5 billion hedge fund
Q&A;: Ropes & Gray's Andrew Thomases and Steven Baughman on patent trends for 2016
LVMH, Catterton and Groupe Arnault partner for investments
Some Yahoo investors want to sell Internet business even if it triggers big tax bill 
LVMH, Catterton and Groupe Arnault partner for investments
UPDATE 3-UK's Home Retail spurns Sainsbury's bid approach
MOVES-Mizuho Bank appoints Avrum Spiegel co-head of U.S. tech banking
UPDATE 3-IMF chief welcomes Nigeria anti-corruption drive, urges flexible naira
US STOCKS-Wall St lower as investors turn cautious; Apple drags
Pullback in tech stocks is in the works - Wunderlich's Art Hogan
U.S. banks pin Treasury market headaches on high-speed trading -Fed
U.S. banks pin Treasury market headaches on high-speed trading: Fed
Swift Energy gets loan approval from U.S. bankruptcy court
Deutsche Bank cuts U.S. GDP forecasts
Swift Energy gets loan approval from U.S. bankruptcy court
PRECIOUS-Gold gains as stock rout, MidEast tensions spur demand
Swift Energy gets loan approval from U.S. bankruptcy court
UPDATE 1-Global dairy prices unexpectedly fall in overnight auction
FOREX-Yen extends rally on China, Middle East worries
Yen extends rally on China, Middle East worries
U.S. presidential candidate Sanders says he would reform the Fed
GLOBAL MARKETS-Stocks slide as China growth worries fester
US STOCKS-Wall St stabilizes after weak start to year
Cox: How gun control is like zero interest rates
TREASURIES-Long-dated yields rise on less global growth jitters
UPDATE 3-Wall St. watchdog homes in on high-frequency trades to combat spoofing
Message apps pose growing risk for China securities regulator
US STOCKS SNAPSHOT-Wall St stabilizes after selloff
Message apps pose growing risk for China securities regulator
CANADA STOCKS-TSX falls for fifth straight session; pares worst of losses
Sucafina-backed coffee trader enters U.S. to tap specialty market
Deals of the day- Mergers and acquisitions
Wealth Management News - January 5
Sucafina-backed coffee trader enters U.S. to tap specialty market
UPDATE 1-FINRA orders Wall St. brokerages to return $96.2 mln for 2015
US STOCKS-Wall St stabilizes after Monday's steep declines
JPMorgan names Virtu Financial as its NYSE market maker
JPMorgan names Virtu Financial as its NYSE market maker
FINRA orders Wall St. brokerages to return $96.2 million for 2015
Wall St. watchdog homes in on high-frequency trades to combat spoofing
MOVES-Macquarie Securities names Christine Farkas head of U.S. equity research
CANADA STOCKS-TSX dips for fifth straight session, energy stocks resilient
CANADA FX DEBT-C$ weakest in 12 years; oil, China, rate outlook weigh
GLOBAL MARKETS-Oil down again as China growth worries fester; stocks flat
Oil down again as China growth worries fester; stocks flat
Pimco Total Return Fund posts $1.3 bln inflow in December
Stocks stabilize after selloff
EMERGING MARKETS-Latam currencies rebound after sharp losses amid China concerns
MOVES-Boston Private, Mizuho Bank, Aviva Investors, Guy Carpenter
Exclusive: Verizon launches auction to sell data centers - sources 
UPDATE 1-Puerto Rico shows more evidence of Jan. 1 default with PRIFA bonds shortfall
Puerto Rico shows more evidence of Jan. 1 default with PRIFA bonds shortfall
Wall Street stabilizes after Monday's steep declines
Valeant planning to appoint a new CEO - CNBC, citing Dow Jones
UPDATE 2-Pimco Total Return posts December inflow on reinvestments
Pimco Total Return posts December inflow on reinvestments
DIARY-Top Economic Events to Jan 18
DIARY-Emerging Markets Economic Events to Jan 18
FOREX-Yen buoyed as growth concerns fan risk-averse mood
PRECIOUS-Gold holds gains from two-day rally on safe-haven demand
Gold holds gains from two-day rally on safe-haven demand
PRESS DIGEST- British Business - Jan 6
30 listed Chinese firms say big shareholders to extend selling ban
30 listed Chinese firms say big shareholders to extend selling ban
RPT-30 listed Chinese firms say big shareholders to extend selling ban
China stocks rise at market open after repo
China Vanke shares set to fall 11 pct in resume trade
RUBBER-Tokyo futures hit 7-year low on worries over China
New World China Land to open over 20 pct up on privatization offer
LG Display says expects earnings to rebound starting in Q2
Samsung Electronics to expand mobile payments to new countries, smartwatches
Australia shares down 1.2 percent as China concerns linger
Samsung Electronics to expand mobile payments to new countries, smartwatches
UPDATE 1-China Dec Caixin services PMI falls to 17-month low as new business cools
REFILE-Nikkei falls for 3rd day as investors remain nervous about China
China December Caixin services PMI falls to 17-month low as new business cools 
China to keep share sales ban in effect until new rules promulgated: Shanghai Securities News
LG Display says expects earnings to rebound starting in second-quarter
New World China Land to open over 20 percent up on privatization offer 
KDB markets US dollar bonds after Korean upgrade
Japan December services expand again, firms see increase in new orders: PMI
North Korea says plans major announcement following 5.1 earthquake - Yonhap
U.S. Stock futures fall 1 percent on worrying news on China, North Korea
Pentagon 'looking into reports of a possible seismic event near North Korean nuclear facilities'
China's Li Ning expects to report break-even in 2015, stock jumps
China's anti-graft body investigates Changjiang Securities chairman
China's Wanda to invest $2.3 bln in hospital developments
North Korea says plans major announcement following 5.1 earthquake - Yonhap
FOREX-Yen jumps after PBOC, China data, North Korea drive risk-aversion
Pentagon 'looking into reports of a possible seismic event near North Korean nuclear facilities' 
MIDEAST STOCKS - Factors to watch - Jan 6
BRIEF-Minsheng Securities receives regulator's measures due to lack of corporate governance
RPT-GLOBAL MARKETS-Asia stocks buffeted by China worries, N.Korea nuclear test
Samsung Elec at risk of 2016 profit drop on components headwinds
China stocks rise on hopes share sale ban will be extended; Hong Kong drops
Samsung Electronics at risk of 2016 profit drop on components headwindsOffshore Bets Against Yuan Gain Momentum
Crude Oil Falls Further, to Fresh Multiyear Lows
Tax-Trade Mess Lingers at Bank of America
Morgan Stanley Shake-Up Leaves Colm Kelleher as Top Lieutenant
Penn Station’s Latest Grand Plan Unveiled
Federal Authorities Investigate Chipotle Outbreak
Cutting a Path Through Emerging-Markets Turmoil
Natural Gas Prices Fall
United CEO Oscar Munoz Receives Heart Transplant
Dow Falls 252 Points to Three-Month Low
Oil Firm Resists Oklahoma’s Call to Shut Down Wells
Macy’s to Cut Costs, Jobs
Energy Companies Cut Drilling Budgets—and Are Punished
Fed Minutes Reveal Officials’ Concern About Low Inflation
Gasoline’s Sharp Drop Ignites Energy-Market Rout
Analysts See 100-Billion-Cubic-Feet Drop in U.S. Natural-Gas Inventories
TransCanada Starts Legal Actions Over Keystone XL Pipeline Denial
EPA Says Insecticide May Pose Risk to Bees
Zumiez Shares Jump on Guidance Boost
Dollar Rises on China, Oil
Asian Morning Briefing: U.S. Stocks Tumble
Bernanke: How Does Fed Policy Affect Global Financial Stability?
New York Fed to Give Supporting Data Behind Benchmark Rates
NBER Paper Looks at Minimum-Wage Increases and the Recession
Canadian Dollar Hits Multiyear Low
U.S. Trade Gap Narrows in November
Key Passages From the Fed’s December Meeting Minutes
Mexican Peso Hits New Low Versus Dollar
Brent Crude Falls to 11-Year Low
Is Your Macy’s Closing?
United Technologies to Post $870 Million Charge in Pratt & Whitney Unit
Constellation Brands Earnings: What to Watch
U.S. Rents Leap at Fastest Pace in Years
New York-Based Grocer Ordered to Recall Chicken
Colt’s Bankruptcy Exit Roiled by Sciens Default
Volvo to Make Semiautonomous Driving a Standard Feature on S90
SolarCity to Eliminate 550 Nevada Jobs, Citing New Rates
New Year, New Job? Could Be Tricky
Two More Caesars Bondholder Lawsuits Must Go to Trial
Dollar Falls Further Versus Euro, Yen
Why It’s Getting Harder to Understand China
Gold Rises on Global Tensions, North Korea Bomb Test
Copper Falls on China Economy Concerns
Monsanto Struggles to Get Syngenta to Bargaining Table
U.K. Regulator Probes Lloyds Traders for Possible Gilt-Market Manipulation
Stanford Announces ‘Boot Camp’ for Gay Business Leaders
J.P. Morgan Misled Customers on Broker Compensation, SEC Says
Confusion Over Valuation Casts Doubt on 1MDB Restructuring Plan
New York Fed Concludes Mortgage Bond Trading Pilot
U.S. Service Sector Expanded at Slower Pace in December
Fed’s Fischer: Four Interest-Rate Increases Possible This Year
U.S. Crude Supplies Fall; Gasoline Stockpiles Up
Natural Gas Prices Hold as Weather Stabilizes
AIG Sees Profits in Tracking Workers’ Moves
Canada’s Trade Deficit Narrows in November
Eurozone Economic Activity Accelerated at End of 2015
Private Payrolls Rise 257,000 in December
Southwestern Energy Names New CEO
Honeywell Buys Remaining UOP Russell Stake
Consol Energy, CNX Coal Cut Outlooks on Commodity Weakness
Credit Suisse Tardiness Likely to Extend Monitor’s Sojourn
Credit Suisse’s U.S. Stock-Trading Chief to Leave
Hilsenrath’s Take: Central Banks Face Exhaustion in 2016
ON Semiconductor Extends Fairchild Offer
Malaysia Bans Bauxite Mining Temporarily
No Alternative to Stimulus, Says ECB’s Chief Economist
Most Asian Shares Fall on North Korea Worries, China Stocks Rise
Market direction: Fall