UPDATE 1-U.S.-based taxable bond funds suffer first outflows in 3 weeks -Lipper
NEW YORK, Aug 1 - Investors in funds based in the United States pulled $954.9 million out of taxable bond funds in the week ended Wednesday as investors awaited signs from the Federal Reserve regarding its bond-buying stimulus, data from Thomson Reuters' Lipper service showed on Thursday.
UPDATE 1-Brazil says backs aid to Greece after remarks by its IMF rep
BRASILIA, Aug 1 - Brazil called back its International Monetary Fund representative on Thursday after he voiced opposition to fresh loans for debt-ridden Greece, a stance that the South American country said was taken without its support.
Fairfax Financial takes quarterly loss on bond investments
TORONTO, Aug 1 - Fairfax Financial, the Canadian property and casualty insurer run by investment guru Prem Watsa, on Thursday reported a second-quarter loss due to losses on its bond portfolio.
U.S.-based taxable bond funds suffer first outflows in 3 weeks -Lipper
NEW YORK, Aug 1 - Investors in funds based in the United States pulled $954.9 million out of taxable bond funds in the week ended Wednesday while continuing to put cash in stock funds, data from Thomson Reuters' Lipper service showed on Thursday.
US municipal bond funds report $3.1 bln weekly outflows-Lipper
WASHINGTON, Aug 1 - U.S. municipal bond funds reported $3.1 billion of net outflows in the week ended July 31, more than twice the $1.2 billion of outflows the previous week, according to data released by Lipper on Thursday.
UPDATE 2-SEC prevails as jury finds Goldman's Tourre liable for fraud
NEW YORK, Aug 1 - A jury found former Goldman Sachs Group Inc vice president Fabrice Tourre liable for fraud for his role in a failed mortgage deal that cost investors $1 billion, giving the U.S. Securities and Exchange Commission a big victory.
Mexico president to present energy reform next week
MEXICO CITY, Aug 1 - Mexican President Enrique Pena Nieto said on Thursday his sweeping energy reform, which is expected to include constitutional changes to lure private investment to help stem a slide in output, will be presented to Congress next week.
U.S. Fed balance sheet shrinks for first time in nine weeks
NEW YORK, Aug 1 - The U.S. Federal Reserve's balance sheet shrank for the first time in nine weeks with reduced holdings of mortgage-backed securities, Fed data released on Thursday showed.
UPDATE 1-Republicans say ex-staffers of consumer financial agency profiting
WASHINGTON, Aug 1 - Republicans in the U.S. House of Representatives demanded information on Thursday about several former top staffers of the Consumer Financial Protection Bureau who the lawmakers say have turned their inside knowledge of the agency into a lucrative business.
CANADA FX DEBT-C$ eases as U.S. data lifts greenback; focus on U.S. jobs
* C$ ends at C$1.0348 vs US$, or 96.64 U.S. cents * U.S. data buoys greenback, boosts Fed "taper" expectations * Market focus on U.S. jobs data on Friday * Canadian bond prices mostly lower By Andrea Hopkins TORONTO, Aug 1 - The Canadian dollar weakened against the U.S. dollar on Thursday as U.S. economic data came in strong and major central banks kept monetary policy loose, bolstering expectations that the U.S. Federal Reserve will start scaling back its stimulu
McCain, Biden coming together for Sedona, Arizona forum
These days Washington is not known for bipartisanship, but every now and then a breakthrough is made. It is noteworthy that Vice President Joe Biden, a Democrat, and Senator John McCain, a Republican, are appearing together at a forum in Sedona, Arizona on Friday.


