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UPDATE 1-JPMorgan reaches proposed $4.5 bln mortgage securities deal for most trusts

NEW YORK, Aug 1 - Trustees involved in JPMorgan Chase & Co's proposed $4.5 billion settlement with investors in money-losing mortgage bonds accepted the bank's offer on Friday for the vast majority of the trusts holding the securities.

7:25am IST

UPDATE 5-Argentina debt talks must continue after default: U.S. Judge

(Updates with Argentina seeking domestic probe into litigation, court order on Euroclear and Clearstream)

5:09am IST

Argentina to investigate if debt case biased by holdout speculation

BUENOS AIRES, Aug 1 - Argentina's economy ministry said on Friday it had asked the national securities watchdog to investigate whether litigation in the United States against the nation by holdouts was merely the "facade of speculative manoeuvre in favour of vulture funds."

4:30am IST

Michael Jackson's Neverland estate being considered for sale

LOS ANGELES, Aug 1 - Late pop singer Michael Jackson's Neverland estate is being considered for sale, a spokesman for the company controlling the property said on Friday.

4:26am IST

UPDATE 4-Allergan sues Valeant, Ackman for alleged insider trading

Aug 1 - Botox maker Allergan Inc on Friday accused rival Valeant Pharmaceuticals International and billionaire investor William Ackman of violating securities laws by using insider information as they prepared a takeover bid for the drug company.

4:16am IST
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India says WTO deal not dead, can sign in Sept if concerns addressed

NEW DELHI/GENEVA - India is willing to sign a global trade deal, which it has torpedoed, if other World Trade Organization members can agree to its parallel demand for concessions on stockpiling food, senior officials in New Delhi said on Friday.