BUSINESS: NBA free agent forward Evan Turner has reached agreement on a 4-year, $75 million deal with Portland, per agent Kevin Bradbury – @WojVerticalNBA – @AceFinanceNews

#AceFinanceNews – July.01: NBA free agent forward Evan Turner has reached agreement on a 4-year, $75 million deal with Portland, per agent Kevin Bradbury – @WojVerticalNBA

http://bit.ly/29eZryx

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MARKETS: European stocks finish with solid gains; FTSE marks best week since 2011 and Stoxx 600 gains 0.6% – CNBC – @AceFinanceNews

#AceFinanceNews – July.01: European stocks finish with solid gains; FTSE marks best week since 2011 and Stoxx 600 gains 0.6% – CNBC

European stocks finish with solid gains; FTSE marks best week since 2011 and Stoxx 600 gains 0.6% – CNBC

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BUSINESS: Germany makes additional 1.3 billion euros ($1.45 billion) available to expand broadband internet access to poorly connected areas – Reuters – @AceFinanceNews

#AceFinanceNews – July.01: Germany makes additional 1.3 billion euros ($1.45 billion) available to expand broadband internet access to poorly connected areas – Reuters

http://reut.rs/29aHO3E

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JUST IN: Brazilian forward Neymar signs 5-year contract extension with FC Barcelona through 2021, includes b uy-out clause of up to €250 million – FC Barcelona – @AceFinanceNews

#AceFinanceNews – July.01: Brazilian forward Neymar signs 5-year contract extension with FC Barcelona through 2021, includes buy-out clause of up to €250 million – FC Barcelona

http://bit.ly/29l8ahM

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BRITAIN: UK Investors cut their equity holdings and convert them back into cash leading to investment into bond markets – @AceFinanceNews

#AceFinanceNews – July.01: UK funds cut stocks, dash for cash and bonds amid Brexit vote tremors

UK investors have cut equity holdings, raised bond allocations to nine-month highs and are holding the largest proportion of their money in cash since January as Britain’s shock Brexit vote and worries about the world economy and politics hurt sentiment….

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EMPLOYMENT: US: weekly jobless claims total 268,000 against an estimate of 267,000 – CNBC – @AceFinanceNews

#AceFinanceNews – July.01: US weekly jobless claims total 268,000 against an estimate of 267,000 – CNBC

http://cnb.cx/29hI9js

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MARKETS: JAPAN: Benchmark 10-year government bond yield falls to record low – Reuters – @AceFinanceNews

#AceFinanceNews – July.01: Benchmark 10-year Japanese government bond yield falls to record low – Reuters

http://yhoo.it/296csas

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MARKETS: US:Dow up 135 points in midday trading as 3M and Boeing contribute gains; S&P 500 up 0.6%; NASDAQ up 0.65% – CNBC – @AceFinanceNews

#AceFinanceNews – July.01: Dow up 135 points in midday trading as 3M and Boeing contribute gains; S&P 500 up 0.6%; NASDAQ up 0.65% – CNBC

http://cnb.cx/29cHPoP

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USA: Greed of rich causes financial inequality as it widens in the average income for the top 1% of households surges 7.7% to $1.36 million in 2015 – AP – @AceFinanceNews

#AceFinanceNews – July.01: Financial inequality widens in the US; average income for the top 1% of households surges 7.7% to $1.36 million in 2015 – AP

http://abcn.ws/2958KgV

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BRITAIN: Greedy ‘ Buy to Let ‘ landlords cash in on converting family homes to student accommodation or shared to boost the rental – @AceFinanceNews

#AceFinanceNews – July.01: Landlords converting homes to student digs or shared properties to boost rent

Buy-to-let landlords are finding ways to maximise rental income and improve profitability despite these headwinds – by converting family homes into shared accommodation.

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