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UPDATE 1-UK economy lags behind G7 after 2017 growth rate cut

LONDON, Feb 22- Britain's economy was weaker than previously thought in 2017, official data showed on Thursday, leaving the country lagging further behind the global recovery as it prepares to leave the European Union. The downgrade of the full-year and fourth-quarter growth rates also raised questions about the strength of the economy as the Bank of England...

Source: Reuters

Earnings and ex-divs blight Britain's FTSE; Barclays a bright spot

*FTSE 100 down 1 pct. LONDON, Feb 22- Disappointing results, big stocks going ex-dividend and concerns over rising bond yields hit Britain's top share index on Thursday, pulling it to a one-week low. Britain's blue chip FTSE 100 index had declined 1 percent to 7,210.67 points by 1001 GMT, while mid caps fell 0.7 percent.

Source: Reuters

US Treasury yields fall amid central banking news

U.S. government debt prices were higher on Thursday.

Source: CNBC.com

EMERGING MARKETS-Stocks feel global chill, South Africa and Serbia stay warm

*IMF cheers Serbia efforts as programme ends. *Turkey's lira sags as Syria conflict rumbles. LONDON, Feb 22- The Korean won, Indonesian rupiah and South African rand led a swathe of emerging market currencies lower on Thursday, as a stronger dollar courtesy of the highest U.S.

Source: Reuters

Euro zone yields drop as German business morale falls

LONDON, Feb 22- Euro zone government bond yields dropped on Thursday after a survey showed German business confidence fell in February, offsetting an earlier rise in yields after the minutes of the last Federal Reserve meeting revived fears of inflation. German business confidence fell more than expected in February but remained high, a survey showed on...

Source: Reuters

Teekay LNG Partners Reports Fourth Quarter and Annual 2017 Results

Reported GAAP net income attributable to the partners and preferred unitholders of $39.9 million and adjusted net income attributable to the partners and preferred unitholders of $34.0 million in the fourth quarter of 2017. Generated distributable cash flow of $52.1 million, or $0.65 per common unit, in the fourth quarter of 2017. Since September 2017, the...

Source: Globe Newswire

Teekay Offshore Partners Reports Fourth Quarter and Annual 2017 Results

Reported GAAP net income attributable to the partners and preferred unitholders of $15.4 million and adjusted net income attributable to the partners and preferred unitholders of $11.3 million in the fourth quarter of 2017. Generated GAAP income from vessel operations of $51.0 million and total cash flow from vessel operations of $144.9 million in the...

Source: Globe Newswire

Teekay Corporation Reports fourth Quarter and Annual 2017 Results

Reported consolidated GAAP net loss attributable to shareholders of Teekay of $13.7 million, or $0.16 per share, and consolidated adjusted net loss attributable to shareholders of Teekay of $9.5 million, or $0.11 per share, in the fourth quarter of 2017. Generated GAAP consolidated income from vessel operations of $66.7 million and consolidated total cash...

Source: Globe Newswire

World stocks lower after Fed report renews bond yield fears

HONG KONG— World stock markets generally declined Thursday, tracking Wall Street's fall after the latest Fed report rekindled fears about inflation and rising bond yields. Britain's FTSE 100 slid 1 percent to 7,205.21 and Germany's DAX lost 0.5 percent to 12,384.33. ASIA'S DAY: Japan's benchmark Nikkei 225 index sank 1.1 percent to close at 21,736.44 and...

Source: The Associated Press

Long-end JGBs gain after solid 20-year bond auction

TOKYO, Feb 22- Prices of long-term Japanese government bonds edged higher, pushing the 40- year JGB yield down to the lowest in more than a year on Thursday, after an auction of 20- year bonds attracted solid demand. The 40- year JGB yield slipped to as low as 0.900 percent, its lowest level since January 2017. The 30- year JGB yield touched a low of 0.770 percent, its...

Source: Reuters