June 18, 2013
- SYDNEY, June 18- All the major currencies marked time in Asia on Wednesday as investors waited anxiously to see if the Federal Reserve could clarify the outlook for policy without sending markets into a fresh frenzy.
- Hong Kong's central bank extends its investigation into possible benchmark rate manipulation to include HSBC.
- TOKYO, June 19- Japan's Nikkei share average is expected to rise to a one-week high on Wednesday, helped by a second-straight day of gains on Wall Street as investors bet that the Federal Reserve would temper worries about an imminent roll back of its stimulus programme.
- LONDON, June 19- The fate of Britain's two state-controlled banks will become clearer on Wednesday, when finance minister George Osborne is likely to start the clock ticking for the sale of the government's stakes.
- LONDON, June 19- Britain should introduce laws making it possible to jail "reckless" bankers and claw back past bonus and pension awards, an influential panel of lawmakers said on Wednesday.
- NEW YORK, June 18- Deloitte LLP's financial advisory unit will pay $10 million and refrain for one year from new business with certain New York banks to settle accusations over its review of money laundering controls at Standard Chartered Bank.
- The Fed meeting on Wednesday is critical for the markets. CNBC's Maria Bartiromo shares her observation.
- Industrial and tech shares rally, 3 M at 52- week high. *Boeing shares hit 5 1/ 2- year high. NEW YORK, June 18- U.S. stocks advanced for a second straight day on Tuesday as investors bet the Federal Reserve would temper statements which were interpreted to mean a sooner-than-expected winding down of stimulus efforts.
- NEW YORK, June 18- Most U.S. The Fed's policy statement, to be released after the close of the meeting on Wednesday afternoon, could affirm remarks by Chairman Ben Bernanke last month that the U.S. central bank may decide to trim the amount of bond purchases in the next few meetings if the economic recovery maintains momentum. "
- *Brent crude rises to hover around $106. NEW YORK, June 18- U.S. equities pushed higher on Tuesday as investors grew more confident that the Federal Reserve would temper its recent statements on the future reduction of U.S. monetary support, while still pointing to economic improvement.