Author: KMFSLLP

(The writer is a Reuters contributor. The opinions expressed are his own.) By Chris Taylor NEW YORK, Dec 7 (Reuters) - If any industry is in the throes of total disruption right now, it is retail. Some brick-and-mortar...

NEW YORK, Dec 7 (Reuters) - Influential bond investor Bill Gross of Janus Henderson Investors warned Thursday the Federal Reserve should be "more cautious and easier" in its interest-rate hiking campaign, given the enormous exposure investors have to pricey risk assets including corporate bonds and high-yield junk debt.

* Deal follows govt. review on betting terminals (Adds background, quotes)

LONDON, Dec 7 (Reuters) - Sovereign wealth funds broadly plan to raise exposure to international equities in the coming 12 months, a survey showed, suggesting that the stock market bullrun is set to continue.

BEIJING/SHANGHAI, Dec 7 (Reuters) - Ten Chinese joint-stock banks raised objections to new central bank rules to tighten regulations on the asset management industry during a close-door meeting in Shanghai last week, three sources with knowledge of the matter told Reuters.

LOS ANGELES, Dec 7 (Reuters) - Hot, dry Santa Ana winds are expected to fan several relentless wildfires in southern California on Thursday, where hundreds of houses have burned and tens of thousands have fled their homes around Los Angeles, the second-largest U.S. city.

LONDON, Dec 7 (Reuters) - UK stocks rose for a second consecutive session on Thursday, led by financials, as markets across Europe followed Asian stocks higher and the pound slid on a continuing Brexit deal impasse.

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LONDON, Dec 7 (Reuters) - Big companies are stepping up their plans in case Britain crashes out of the European Union without a deal as Prime Minister Theresa May struggles to get talks back on track after a major setback.

By Nikhil Nainan Dec 7 (Reuters) - Singapore shares fell for a fourth straight session on Thursday, dragged down by industrials and financials, while Philippine stocks rose for a second time in three days. Asian shares hovered above two-month lows as some...