Japan's Bonds Decline as Investors Avoid Yields Near Lowest in Eight Weeks

(Bloomberg) -- Japan's government bonds fell on
speculation investors will avoid buying 10-year securities with
the lowest yields in eight weeks.

The yield on the benchmark 10-year bond rose 2 basis points
to 1.8 percent as of 12:48 p.m. in Tokyo at Japan Bond
Trading Co., the nation's largest interdealer debt broker.
Yields earlier touched 1.78 percent, matching the lowest since
June 1.


Read more at Bloomberg Bonds News

TREASURIES-Benchmark yields hit 7-week lows on stocks

(Reuters) - However, a lack of liquidity and perceptions that
Treasuries were at expensive levels limited safe-haven flows
from the equity market, analysts said. Shares on Wall Street
tumbled after poor profits from companies related to the
housing market spooked investors. For details, see [.N].




"We are getting a little bit of it, but not much. The
liquidity in both bonds and stock markets is less than
desirable," said Carley Garner, an analyst at Alaron Trading
in Chicago.


Read more at Reuters.com Bonds News

Japan's Bonds Drop for Fourth Day After Machinery Orders Beat Expectations

(Bloomberg) -- Japan's 10-year bonds fell for a
fourth day after government report showed machinery orders rose
for a second month in May, increasing speculation the central
bank will raise interest rates next month.

Yields on benchmark 10-year bonds rose 2 basis points to
1.95 percent as of 9:11 a.m. in Tokyo at Japan Bond Trading Co.,
the nation's largest interdealer debt broker.


Read more at Bloomberg Bonds News

UPDATE 1-U.S. panel sets July 11 hedge funds risk hearing

(Reuters) - WASHINGTON, July 5 - The U.S. House of
Representatives Financial Services Committee said on Thursday
it will hold a July 11 hearing into systemic risks to the
economy and the financial system posed by hedge funds.




Chairman Barney Frank, a Massachusetts Democrat, said in a
statement that senior officials from the Federal Reserve, the
Treasury Department, the Securities and Exchange Commission and
the Commodity Futures Trading Commission are scheduled to
testify.


Read more at Reuters.com Government Filings News

Stocks seen mixed, manufacturing report eyed

(Reuters) - The Indicative Dow Jones industrial average , which tracks the 30 index blue chips as they are traded on the Deutsche Boerse's electronic trading platform, XETRA, and translates the prices into dollars, was 0.19 percent higher.




Trading is set to be fairly quiet prior to the July 4 Independence Day holiday in the middle of the week, when U.S. financial markets are closed, and investors are likely to take a breather in the mean time.


Read more at Reuters.com Business News

Nymex Gas Declines on Reduced Concern Over Hot Weather, Threat of Storms

(Bloomberg) -- Natural gas in New York fell for the
eighth consecutive session as intense hot weather that spurs
demand and storms that pose a possible threat to production
haven't materialized.

``Both July and August are down, basically anticipating
another big injection,'' said Phil Flynn, vice president of risk
management at Alaron Trading Corp. in Chicago. ``It seems we're
starting to put aside the fears of a long, hot summer and
hurricane season and just focusing on supply.''


Read more at Bloomberg Energy News

Roche makes hostile offer to buy Ventana

(Reuters) - PHILADELPHIA, June 25 - Swiss drugmaker Roche said on Monday it would launch a tender offer to acquire Ventana Medical Systems Inc. for about $3 billion, or $75 per share in cash, after its efforts to negotiate a merger were rebuffed.



The offer represents a 45 percent premium to Ventana's closing stock price of $51.74 on Monday on Nasdaq. Trading in shares of Ventana was halted for the announcement. When extended trading resumed, Ventana's share jumped 52 percent.


Read more at Reuters.com Mergers News

China Life, Citic Resources, China Unicom: Asia Ex-Japan Equity Preview

(Bloomberg) -- The following stocks may rise or fall
in Asian markets, excluding Japan. This preview includes news
that broke after markets closed. Prices are from the local
market's last close. Stock symbols are in parentheses after
company names.

Citic Resources Holdings Ltd. (1205 HK): The company owned
by China's fourth-largest oil producer said it will sell new
shares to Temasek Holdings Pte. for HK$450 million ($58 million)
to raise funds for expansion. Ellington Investments Pte. Ltd., a
wholly owned unit of Temasek, has conditionally agreed to
subscribe to 101 million new shares at HK$4.46 each, Citic
Resources said in an e-mailed statement. Citic climbed 3 cents,
or 0.7 percent, to HK$4.49 on June 15, its last trading day
before suspension. Trading in Citic shares will resume today.


Read more at Bloomberg Stocks News

Japan's 10-Year Government Bonds Decline; Yields Trade at Seven-Month High

(Bloomberg) -- Japan's 10-year government bonds
declined, pushing yields to the highest in more than seven months.

The yield on the 1.8 percent bond due in June 2017 gained 1.5
basis points to 1.85 percent as of 10:04 a.m. in Tokyo at Japan
Bond Trading Co., the nation's largest interdealer debt broker.
The level is the highest for 10-year yields since Oct. 24. A basis
point is 0.01 percentage point.


Read more at Bloomberg Bonds News

Japan Shares Rebound, Led by Honda, on Weak Yen, Higher Commodity Prices

(Bloomberg) -- Japanese stocks rebounded from their
biggest loss in a month, led by exporters after the yen weakened
against the dollar and euro, boosting the value of their
overseas sales. Trading companies gained after commodities
prices rose at the end of last week.

Nintendo Co., Japan's second-largest video-game maker, rose
for the first time in three days. Mitsubishi Corp., the nation's
largest trading company, jumped 2.2 percent.


Read more at Bloomberg Stocks News