-
By Bloomberg News |
April 9, 2013
Fitch Ratings Ltd. cut China’s long-term local-currency debt rating, citing increasing risks to the country’s financial stability given the lack of transparency in the increased borrowing of local governments.
-
By Anthony Effinger and Mary Childs |
January 8, 2013
Andrew Feldstein, the Harvard-educated lawyer who leads BlueMountain Capital Management LLC, has had a good run.
-
By Scott Moritz, Bloomberg |
October 12, 2012
Sprint Nextel Corp. CEO Dan Hesse’s talks to align with Softbank Corp. have the potential to reshape the U.S. wireless landscape, creating a more viable competitor to Verizon Wireless and AT&T Inc. and sparking a new round of consolidation.
-
By John Detrixhe, Bloomberg |
October 9, 2012
U.S. debt has shrunk to a six-year low relative to the size of the economy as homeowners, cities and companies cut borrowing, undermining rating companies’ downgrading of the nation’s credit rating.
-
By Christine Harper and Hugh Son, Bloomberg |
September 4, 2012
Shareholders of Wall Street banks who agree with former Citigroup Inc. Chief Executive Officer Sanford “Sandy” Weill that the companies should be broken up face an obstacle: Bondholders.
-
By Greg Farrell and Tiffany Kary, Bloomberg |
August 15, 2012
Standard Chartered Plc, having settled a New York money laundering probe for $340 million the day before it was to defend its right to operate in the state, still faces federal inquiries.
-
By Shannon D. Harrington and Mary Childs |
June 26, 2012
Saba Capital Management LP, which bet that Bruno Iksil's large trades distorted credit-derivatives indexes, is exiting its positions as the bank unwinds.
-
By Lilian Karunungan and Yumi Teso, Bloomberg |
May 30, 2012
Just three months ago, emerging nations from Indonesia to Brazil were intervening in foreign exchange markets to make exports more competitive. Now they are selling dollars to stem currency declines and quell inflation.
-
By Mariko Yasu and Shunichi Ozasa, Bloomberg |
April 10, 2012
Sony Corp. and Sharp Corp. posted a combined 900 billion-yen ($11 billion) loss as the first decline in global TV shipments in six years and a stronger yen hurt overseas sales at Japan’s biggest LCD TV makers.
-
By Sridhar Natarajan, Bloomberg |
March 26, 2012
A benchmark gauge of U.S. company credit risk snapped two days of increases as Federal Reserve Chairman Ben S. Bernanke’s comment that accommodative policy is still needed encouraged investors.
