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Buchanan school projects go forward
South Bend Tribune CorrespondentBUCHANAN -- Work has started on making $14.9 million worth of improvements to Buchanan schools, but it may be a while before people see many changes, such as putting walls in the classrooms at Buchanan Middle School. Voters approved the $14.9 million... -
U.S. dollar marks worst week versus yen in a year
ReutersNEW YORK (Reuters) - The dollar posted its worst week against the yen in a year on Friday as volatility in stocks and uncertainty about the outlook for U.S. monetary policy spurred investors to pare back bets against the Japanese currency. Some...Tags: Economy, Business and Finance, Japan Earthquake and Tsunami (2011), Norway, Prices, Career and Workplace
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U.S. muni bond sales to total $4 billion next week
ReutersNEW YORK, May 24 (Reuters) - U.S. municipal bond sales are expected to fall to $4 billion next week, shortened for Monday's Memorial Day holiday, from this week's revised $5.2 billion, according to Thomson Reuters estimates released on Friday....Tags: Metropolitan Transportation Authority, Economic Stimulus Plan, Thomson Corporation, Memorial Day, Bank of America Corp.
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Japan's top leaders defend 'Abenomics' economic strategies as roiled markets settle
AP Business WriterTOKYO (AP) — Japan's top leaders are defending the economic strategies championed by Prime Minister Shinzo Abe, though the central bank chief acknowledged a need for better communication with financial markets, a day after Tokyo shares suffered...Tags: Central Bank, Shinzo Abe, Economy, Business and Finance, Financial Markets, Japan Earthquake and Tsunami (2011)
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GLOBAL MARKETS-Stimulus fears haunt share markets, dollar weak
Reuters* World shares steady but liquidity fears remain * U.S. stocks set to follow European markets lower * German Ifo index seen pushing back ECB rate cut * Dollar index down 0.3 pct, yen resumes rise By Richard Hubbard LONDON, May 24 (Reuters) - World...Tags: Central Bank, Economy, Business and Finance, Germany, Morgan Stanley Dean Witter & Company, Japan
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RPT-REUTERS SUMMIT-Rating agencies alert to Argentina debt ruling, souring economy
Reuters(Repeats story to more subscribers) By Hilary Burke BUENOS AIRES, May 24 (Reuters) - Argentina's dismal credit ratings might get a boost if U.S. courts rule in the country's favor in a long-running dispute with creditors over a 2002 default, but souring...Tags: Trials, Debt Market, Government Debt, Ratings, Crime, Law and Justice
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TREASURIES-Prices rise, 10-year yields hold at 2 percent
Reuters* Prices rise, 10-year yields hold at 2 percent * Focus remains on likelihood of Fed tapering purchases * Market will close early for Memorial Day holiday weekend * Treasury to sell $99 billion in 2, 5 and 7-year notes next week By Karen Brettell NEW...Tags: Holidays, Memorial Day, Ben Bernanke
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Swings in Japan govt bonds could trigger sell-off
ReutersBy Helen Bartholomew LONDON, May 24 (IFR) - Extreme volatility in the Japanese government bond market could trigger a sell-off on a par with what happened throughout the third quarter of 2003, when local banks and foreign investors were forced to dump...Tags: Central Bank, Credit Ratings, BNP Paribas, Japan, Deutsche Bank AG
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INVESTMENT FOCUS-Dollar builds steam, unnerves emerging markets
ReutersBy Mike Dolan LONDON, May 24 (Reuters) - As the dust settles on a volatile week, many strategists now sense a green light for a long-brewing multi-year rise of the U.S. dollar - with unnerving portents for emerging markets. The U.S. Federal Reserve's...Tags: Mutual Funds, Central Bank, Economy, Business and Finance, Currency Values, Government Debt
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US high-yield investors absorb 19 deals this week
ReutersBy Joy Ferguson NEW YORK, May 24 (IFR) - High-yield investors digested another 19 US dollar deals worth USD10.53bn this week, bringing the month-to-date total to USD43.63bn from 83 deals. This is more than double the amount priced for the full month...Tags: Elan Corporation Plc, Financial Markets, Thomson Corporation, Century Aluminum Company, Banking
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U.S. loan funds gain $1.2 billion as Fed sparks fears of rising rates
ReutersNEW YORK (Reuters) - Investors worldwide poured $1.2 billion into corporate loan funds based in the United States in the latest week as signs the Federal Reserve could scale back on stimulus sparked fears of rising U.S. interest rates, according to Bank...Tags: Mutual Funds, S&P 500, Central Bank, U.S. Congress, Economy, Business and Finance
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Stimulus fears haunt share markets, dollar recovers
ReutersNEW YORK (Reuters) - Global equity markets slipped on Friday over worries the U.S. Federal Reserve may curb a stimulus program that has lifted stocks, while the dollar recovered against the euro after better-than-expected U.S. durable goods data for...Tags: Kim Jong Un, Nasdaq Composite, Pharmaceuticals, Pension and Welfare, Economy, Business and Finance
May 25, 2013
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