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UPDATE 4-Trump takes aim at US environmental regulations to boost oil sector

Trump said he would pull the United States out of the U.N. global climate accord, approve the Keystone XL oil pipeline from Canada and rescind measures by President Barack Obama to cut U.S. emissions and expand protections for U.S. waterways. "Any regulation that's outdated, unnecessary, bad for workers or contrary to the national interest will be scrapped and...

Source: Reuters

UPDATE 1-Liberia grand jury indicts Sable Mining, officials for bribery

MONROVIA, May 25- A grand jury in Liberia has indicted government officials, including the speaker of parliament and the head of the ruling party, along with London AIM-listed Sable Mining on charges including bribery. In a statement released on Thursday, Sable Mining said it had noted "the recent media comment and speculation regarding allegations of bribery...

Source: Reuters

Stocks aim at new highs, but correction worries bubble

Technically, the stock market looks set to break out to new highs. But there are still nagging doubts that could create a summer of uncertainty.

Source: CNBC.com

Liberia grand jury indicts Sable Mining, officials for bribery

MONROVIA, May 25- A grand jury in Liberia on Wednesday indicted government officials, including the speaker of parliament and the head of the ruling party, along with London AIM-listed Sable Mining on charges including bribery. President Ellen Johnson Sirleaf ordered an inquiry into Sable's acquisition of an iron ore concession in northern Liberia after the...

Source: Reuters

EXCLUSIVE-ECB credit buying to start small, betting on issue boom - sources

FRANKFURT, May 25- The European Central Bank will aim to start small when it begins buying corporate debt in June, seeking first to lure new issuers and then slowly raise the monthly pace of purchases to 5- 10 billion euros, several central bank sources have told Reuters. The difficulty is that the 600 billion euro market for such notes is largely limited to big...

Source: Reuters

Republicans aim to block stricter rule on retirement savings

WASHINGTON— Republicans controlling the Senate are moving to block new Obama administration rules that require financial professionals to put their client's best interest first when giving advice on retirement investments like individual retirement accounts. The Senate is debating a measure to overturn the new regulations, commonly known as the "...

Source: The Associated Press

US stocks aim to push higher

U.S. stock futures indicated a higher open after equities failed to hold gains in the previous session as Fed rate hike fears weighed.

Source: CNBC.com

UPDATE 3-Erdogan ally takes over as Turkish PM, vowing stronger presidency

*Yildirim says new constitution a top priority. ANKARA, May 22- Turkish President Tayyip Erdogan confirmed Binali Yildirim, a close ally for two decades and a co-founder of the ruling AK Party, as his new prime minister on Sunday, taking a big step towards the stronger presidential powers he has long sought. His main aim, he said, was to deliver a new constitution and...

Source: Reuters

G7 takes aim at terrorist financing; rifts on policy remain

AKIU, Japan— The Group of Seven major economies showed a united front on fighting terrorist financing and tax evasion in talks that ended Saturday, but shied away from coordinated action on policies to revive stalling growth. An "action plan" issued after the talks by G7 finance ministers and central bank governors at a hot springs hotel in northern Japan called...

Source: The Associated Press

U.S. securities regulator takes aim at exchange-traded funds

The statements by Mary Jo White, chair of the Securities and Exchange Commission, were the frankest warning yet that the agency could tighten regulation of the funds. They now have a total of $2 trillion in net assets, according to the Investment Company Institute, a trade group. In addition, the SEC's staff has analyzed the 2010 "Flash Crash" and the wild market...

Source: Reuters