CANADA STOCKS-TSX may open higher on U.S., Chinese comments

Tue Jun 25, 2013 8:25am EDT
 
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June 25 (Reuters) - Canada's main stock index looked set to open higher on Tuesday after comments from top Chinese and U.S. central bankers eased worries about the future of the Federal Reserve's monetary easing policy.

TOP STORIES

* China's central bank will help any banks facing a temporary shortage with cash, and has already provided money to some institutions, it said, in further comments aimed at soothing battered money markets.

* The European Central Bank is far from exiting its accommodative monetary policy and will keep an open mind about fresh measures, which it can still deploy if needed, ECB policymaker Benoit Coeure said.

* CML Healthcare Inc said it would be bought by LifeLabs Medical Laboratory Services in a deal valued at C$1.22 billion, including debt.

* Samsung Electronics is in preliminary talks with the EU regulator to settle charges it abused its market position by barring arch rival Apple from using an essential mobile phone patent, two people familiar with the matter said.

* Google is subject to EU privacy law but is not obliged to delete sensitive information from its search index, an adviser to the highest European Union court said, in a case that tests whether people can erase harmful content from the Web.MARKET SNAPSHOT

* Canada stock futures traded up 0.68 percent

* U.S. stock futures , , were up around 0.43 percent to 0.79 percent   Continued...