June 19, 2013
- SINGAPORE, June 20- London copper fell to a near seven-week low on Thursday after U.S. Federal Reserve Chairman Ben Bernanke signalled the central bank would likely start reducing its stimulus measures later this year. *The most-traded copper contract on the Shanghai Futures Exchange eased 1.2 percent to 50,160 yuan a tonne.
- SINGAPORE, June 20- Gold fell for a fourth straight session on Thursday to its lowest in a month after the Federal Reserve said the U.S. economy was recovering strongly enough for the central bank to slow the pace of bond purchases later this year. *Spot gold fell 0.4 percent to $1,344.9 an ounce by 0013 GMT, after falling 1.2 percent on Wednesday.
- TOKYO, June 20- Japan's Nikkei share average fell on Thursday after Federal Reserve Chairman Ben Bernanke confirmed market fears that the U.S. central bank could trim its bond buying programme later this year.
- LONDON, June 19- Britain is ready to start selling its shares in Lloyds Banking Group and will examine whether to break up Royal Bank of Scotland, Finance Minister George Osborne said on Wednesday, after acknowledging the re-privatisation of RBS remains a long way off.
- WASHINGTON, June 19- Federal Reserve Chairman Ben Bernanke said on Wednesday the U.S. economy is expanding strongly enough for the central bank to begin slowing the pace of its bond-buying stimulus later this year.
- *Shares tumble after Fed chief signals stimulus could be pared back. *Adobe, FedEx rise after results; Sprint tumbles. NEW YORK, June 19- U.S. stocks fell more than 1 percent on Wednesday after Federal Reserve Chairman Ben Bernanke said the central bank would start to reduce its stimulus measures later this year if the economy is strong enough.
- NEW YORK, June 19- Benchmark U.S. Treasury yields surged to their highest levels in 15 months on Wednesday as Federal Reserve Chairman Ben Bernanke suggested the U.S. central bank was prepared to reduce bond purchases if its economic outlook proves correct, even though the U.S. economy remained stuck at a sluggish pace.
- *Fed says risks to growth, jobs have lessened since fall. WASHINGTON, June 19- Federal Reserve Chairman Ben Bernanke said on Wednesday the U.S. economy is expanding strongly enough for the central bank to begin slowing the pace of its bond-buying stimulus later this year.
- Fed Chairman Bernanke spoke out about when the monthly pace of purchases might be moderated. CNBC's Maria Bartiromo shares her observation.
- NEW YORK, June 19- Oil prices came under pressure on Wednesday while gold and copper fell after Federal Reserve Chairman Ben Bernanke said the central bank could begin to scale back its stimulus measures for the U.S. economy later this year. Wheat had its biggest rally since April on bargain buying and expectations the grain will be used as a livestock feed.