Search Results for: international bond
Twitter Debt Rated as Junk
November 14th, 2014
Twitter Inc. ’s debt was rated as junk on Thursday by Standard & Poor’s Ratings Services, a sobering grade that comes a day after executives of the social media service tried to reassure skeptics on Wall Street of its long-term ...
Chinese, Canadian central banks agree to 200 bln yuan currency swap
November 10th, 2014
The central banks of China and Canada have agreed to a currency swap worth 200 billion yuan ($32.67 billion) or C$30 billion, according to a Canadian government statement issued at a meeting of Asia Pacific nations on Saturday. The swap will ...
Brothers slammed for forex ‘gamble’
November 10th, 2014
Two financial advisers and a company of which they are both directors have been ordered to repay a couple who lost more than R700 000, because they invested most of their savings – including the proceeds from the sale ...
E.C.B. Threatened to End Funding Unless Ireland Took Bailout, Letters Show
November 10th, 2014
Newly released documents suggest that Ireland was pressured into a controversial 67.5 billion euro bailout that left taxpayers rescuing crippled banks, reigniting a fierce debate about the international aid that Dublin accepted after the financial crash. An exchange of letters, ...
EU leaders weigh plan for Greek exit from bailout
November 4th, 2014
Eurozone leaders are weighing a plan to allow Greece to exit its four-year-old bailout at the end of the year by converting nearly €11bn of unused rescue funds into a backstop for Athens for when it raises cash from ...
GAIN Capital to acquire City Index
November 4th, 2014
New York-based forex trading firm GAIN Capital Holding has entered into a definitive agreement to acquire City Index (Holdings) Limited, a leading online trading firm specializing in contracts-for-difference (CFDs), forex and UK spread betting, for approximately $118 million, or ...
Japan’s Central Bank unexpectedly moves to stimulate economy
October 31st, 2014
The Bank of Japan will buy larger quantities of government debt in an effort to battle deflation. After insisting for more than a year that its aggressive monetary policy was sufficient to revive Japan’s economy and end deflation, the ...
European Stock-Index Futures Advance After Fed Ends QE
October 30th, 2014
European stock-index futures rose, indicating European equities will extend a two-day gain, after the Federal Reserve judged the U.S. economy strong enough to end its asset-purchase program. U.S. index futures were little changed, while Asian shares retreated. Bayer AG ...
Investors are eager for African sovereign debt, despite risks
October 24th, 2014
Five men in dark business suits gathered before Maria Kiwanuka in a semicircle. They were international bankers and they had a pitch to make. Ms. Kiwanuka, the finance minister of Uganda, was sitting up on a small riser, her ...
Asian Equities Lower on Growth Woes
October 23rd, 2014
European and Asian stock markets ground lower on Thursday, worries over banks and corporate results again darkening the mood despite a surprisingly upbeat survey of Germany’s manufacturing and service sectors. U.S. stocks were on course to open a touch ...
