UPDATE 6-Argentine markets fall post-default, NY hearing on Friday

* Latest debt crisis in sharp contrast to 2001-2002 crash (Adds Moody's outlook change in paragraph 29)

from Reuters: Bonds News http://ift.tt/UPbZl4

Disappointment, uncertainty after India blocks WTO trade deal

SYDNEY/GENEVA (Reuters) - Several member states of the World Trade Organisation voiced frustration after India's demands for concessions on agricultural stockpiling led to the collapse of the first major global trade reform pact in two decades.

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Australia shares slump 1.4 pct from six-year highs in broad selloff

* ASX 200 slumps 1.4 percent from 6-year highs in broad selling

from Reuters: Financial Services and Real Estate http://ift.tt/1zBkOPj

China Rongsheng shares fall after first-half profit warning

SHANGHAI, Aug 1 (Reuters) - Shares of China Rongsheng Heavy Industries Group, the country's largest private shipbuilder, fell 4.4 percent on Friday after the company said it expects to post a...

from Reuters: Hot Stocks http://ift.tt/1zBeIOT

UPDATE 3-U.S. Congress extends transport funding though May, averting cuts

WASHINGTON, July 31 (Reuters) - The U.S. Congress on Thursday approved a $10.9 billion funding extension for transportation construction projects through May 2015, averting a cutback in federal...

from Reuters: Bonds News http://ift.tt/1pKriUG

China Rongsheng shares fall after first-half profit warning

SHANGHAI, Aug 1 (Reuters) - Shares of China Rongsheng Heavy Industries Group, the country's largest private shipbuilder, fell 4.4 percent on Friday after the company said it expects to post a...

from Reuters: Financial Services and Real Estate http://ift.tt/1uMT8Ie

UPDATE 5-Argentine markets fall post-default, NY hearing on Friday

* Latest debt crisis in sharp contrast to 2001-2002 crash (Adds Argentine president comments in third paragraph, trims)

from Reuters: Bonds News http://ift.tt/1pKri7f

CORRECTED-France's Iliad confirms bid for T-Mobile US

(Corrects paragraph three to say T-Mobile US is the fourth-largest U.S. carrier, not the third largest)

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UPDATE 5-France's Iliad challenges Sprint for control of T-Mobile

* Iliad bids $15 billion cash for 56.6 pct at $33 per share

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GLOBAL MARKETS-Asia stocks pressured by Wall St, but China helps

* US dollar well supported on speculation of early Fed rate rise

from Reuters: Bonds News http://ift.tt/XmeSvA

UPDATE 5-Argentine markets fall post-default, NY hearing on Friday

* Latest debt crisis in sharp contrast to 2001-2002 crash (Adds Argentine president comments in third paragraph, trims)

from Reuters: Financial Services and Real Estate http://ift.tt/1s9dJmw

GLOBAL MARKETS-Asia stocks pressured by Wall St, but China helps

* US dollar well supported on speculation of early Fed rate rise

from Reuters: Financial Services and Real Estate http://ift.tt/1m3rVHZ

Business as unusual for sanguine Argentines in default deja vu

BUENOS AIRES, July 31 (Reuters) - Argentina may have defaulted on its debt for the second time in 12 years on Thursday, but the packed elegant cafes in Buenos Aires show little sign of distress and...

from Reuters: Financial Services and Real Estate http://ift.tt/1s9dHLi