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U.S. markets news

German bond yields rise on Fed rate hike risk, debt sale eyed
(Adds detail, analyst comments). By Emelia Sithole-Matarise. LONDON Aug 5 (Reuters) - German Bund yields rose on Wednesday after comments from a top U.S.
Dollar and short-term Treasury yields eye fresh highs  Financial Times
European Shares Increase as Fed Bets Propel Dollar; Oil Advances  Bloomberg
Walt Disney Co. earnings: 5 things to know
Walt Disney Co., the world's largest entertainment firm, has turned in another strong fiscal quarter, setting a new record for quarterly profit.
Disney's mixed results boosted by 'The Avengers'  Irish Independent
Disney misses revenue forecast despite profit rise
Puerto Rico investors could try to force payment on bonds -filing
Aug 4 Holders of at least 20 percent of Puerto Rico's Public Finance Corp bonds, on which the U.S. commonwealth defaulted on Monday, would need to consent to suing Puerto Rico in order for the bondholders' trustee to file a lawsuit on their behalf, a ...
Puerto Rico looks for ways to save cash  CBS News
Hedge Funds Say Puerto Rico Should Shut Down Schools to Pay Its Debts. Is ...  Slate Magazine (blog)
IMF signals doubts on renminbi as reserve currency
The International Monetary Fund has hailed China's progress on financial reform but said the renminbi still lags behind rivals on key metrics that determine whether the fund will formally endorse the redback as a reserve currency.
Yuan stays steady after IMF staff urge SDR inclusion delay  Economic Times
IMF to review Chinese currency's SDR qualification by end of 2015 as ...  Xinhua
At least 24 dead, more than 300 resuced after twin train derailments in India
At least 24 people died and hundreds were rescued after two passenger trains derailed nearly side by side as they crossed a bridge in central India late Tuesday night.
Twin trains veer off flooded bridge in India killing dozens  CNN International
Raising interest rates with zero inflation is a hard sell
LONDON Americans and Britons bracing for their first interest rate rises in almost a decade are puzzled: why are rates about to go up when there's no inflation?
The govt has a lot of control already: Raghuram Rajan  Hindustan Times
Rajan says Guv doesn't need veto on rates  Press Trust of India
Toyota Motor Q1 net profit jumps 10 pct, beats estimates
TOKYO Aug 4 Toyota Motor Corp posted a 10 percent rise in first-quarter net profit on Tuesday, beating analyst estimates, as costs cuts and currency gains made up for weaker global vehicle sales.
Cheap yen, cost cuts give Toyota a boost  CBS News
US airlines ban shipment of hunting trophies after Cecil the lion's killing
The big three US airlines have all banned the shipment of hunting trophies following the killing of Cecil the lion in Zimbabwe. Ads by Google.
More airlines ban shipping of big game trophy kills
Delta, American banning shipment of hunting 'trophies'  Naples Herald
Netflix Gives Employees Unlimited Maternity/Paternity Leave
As if changing the world with TV and movies wasn't enough, Netflix is also changing the way companies deal with maternity and paternity leave.
Netflix offers 'unlimited' paid parental leave for a year  CNET
Business Watch  Wall Street Journal
FOREX-Dollar extends gains after Fed official supports Sept rate hike
... * Rebound in U.S. debt yields supports dollar, euro hits 2-wk low. * Profit-taking chips away at Aussie's big gains. * Kiwi extends losses following decline in milk prices.
NZ dollar falls on soft jobs data, slumping milk prices  The National Business Review
PRECIOUS-Gold struggles near multi-year low as Fed comments buoy dollar  Reuters Africa