Bonds News Headlines

UPDATE 2-Puerto Rico threatened with transit shutdown in political spat

Nov 26 - Puerto Rico's public transit system will shut down on Monday if lawmakers do not increase a tax on oil, the U.S. commonwealth's Government Development Bank said, accusing politicians of taking an "irresponsible" gamble on the island's economy.

GLOBAL MARKETS-Asia shares ride on stimulus hopes, dlr hit by weak US data

* Asian shares edge up, helped by stimulus around the world

Credit Suisse, Assured Guaranty settle U.S. mortgage lawsuit

Nov 26 - Credit Suisse Group AG has reached a confidential settlement with Assured Guaranty Ltd on claims related to what the insurer said were defective loans underlying mortgage-backed securities, court documents showed.

UPDATE 2-Canada's Alberta cut budget surplus, oil price forecast

(Recasts lead with forecast lower price for oil, adds economist comment in fourth paragraph)

Bonds, Markets 5:54pm EST

UPDATE 1-Puerto Rico public transit may shut down without oil tax hike

Nov 26 - Puerto Rico's public transit system will shut down on Monday if lawmakers do not increase a tax on oil, the U.S. commonwealth's Government Development Bank said, in what would be a major escalation of the island's debt crisis.

Bonds, Markets, Utilities 5:43pm EST

CORRECTED-UPDATE 1-Canada's Alberta sees budget surplus despite lower oil prices

(Corrects previous forecast in second paragraph to C$1.1 billion from C$2.6 billion)

Bonds, Markets 5:27pm EST

CORRECTED-Canada's Alberta says budget in black despite lower oil prices

(Corrects previous forecast in second paragraph to C$1.1 billion from C$2.6 billion)

Markets, Bonds 5:25pm EST

CANADA FX DEBT-C$ shrugs off crude's pre-OPEC fall and strengthens

(Adds comment, details, closing figures) * Canadian dollar at C$1.1236 or 89.00 U.S. cents * Bond prices higher across the maturity curve By Solarina Ho TORONTO, Nov 26 - The Canadian dollar strengthened against the greenback on Wednesday despite lower oil prices and uncertainty ahead of looming events such as Thursday's OPEC meeting and Friday's release of Canadian gross domestic product figures. The currency, which often follows movements in oil prices, rose eve

Currencies, Bonds, Markets 5:03pm EST

Illinois asks state's top court to revive pension overhaul

Nov 26 - Illinois, which is struggling to bolster a shaky public pension system weighed down by a $104.6 billion shortfall, has asked the state's highest court to reverse a lower court ruling that declared a planned overhaul unconstitutional.

India-focused hedge funds up over 40 pct YTD, Russia down 12 pct -HFR

NEW YORK, Nov 26 - Hedge funds invested in emerging markets have seen sharp declines this year, led by Russia and Latin America, but India stands out as a bright spot.

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Key retirements mean a changing of the guard next year in U.S. Congress

Regardless what voters decide in the November elections, there will be a major changing of the guard next year in the U.S. Congress as result of a number of key retirements.