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By Tom Stoukas, Maria Petrakis and Marcus Bensasson, Bloomberg |
March 28, 2013
Cyprus’s banks opened for the first time in almost two weeks, with new rules curbing access to cash preventing an initial panic to withdraw deposits.
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By Stephen Kirkland and Sarah Pringle, Bloomberg |
March 27, 2013
Stocks fell and the euro weakened to a four-month low against the dollar, while Treasuries rallied and Italian and Spanish bonds slumped, as concern about Europe’s debt crisis deepened.
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By Scott Rose and Marina Sysoyeva, Bloomberg |
March 25, 2013
Russian President Vladimir Putin signaled acceptance of an accord reached by Cyprus on an international bailout, a week after berating an earlier rescue plan as “unfair, unprofessional and dangerous.”
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By Emma Charlton, Bloomberg |
March 22, 2013
The euro rose from near a four-month low against the dollar amid speculation Cyprus is moving closer to a deal to stave off financial collapse and prevent contagion from infecting the rest of the region.
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By Stephen Treloar, Bloomberg |
February 27, 2013
Norway’s bond haven is about to become a lot smaller. The government is preparing to repay a record 66.5 billion kroner ($11.8 billion) in 6.5% bonds maturing May 15.
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By John Brinsley, Bloomberg |
February 25, 2013
The Bank of Japan may pack a bigger punch under Haruhiko Kuroda, an opponent of deflation who ran the nation’s currency policy and then built an international reputation leading the Asian Development Bank.
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By Tsuyoshi Inajima and Sally Bakewell, Bloomberg |
February 20, 2013
Japanese Prime Minister Shinzo Abe will ask U.S. President Barack Obama to allow shale gas exports as the world’s third-largest economy grapples with soaring energy costs after 2011’s nuclear disaster closed reactors.
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By Isis Almeida, Bloomberg |
February 12, 2013
Brazilian ethanol prices trading above raw sugar futures for the first time in almost two years are spurring speculation that millers will favor making the biofuel over the sweetener in the season starting in April.
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By Toru Fujioka and Masahiro Hidaka, Bloomberg |
February 11, 2013
The Bank of Japan could usher in a growth spurt unseen in a generation by stepping up stimulus and ending deflation, according to Haruhiko Kuroda, the head of the Asian Development Bank and a potential contender for BOJ chief.
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By Blake Schmidt and Marisa Castellani, Bloomberg |
February 8, 2013
Brazil’s real touched a nine-month high as Finance Minister Guido Mantega signaled that the government will allow the currency to appreciate another 5% before the central bank intervened to stem gains.
