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Yen climbs after minister's comments; BOJ and Bernanke in focus
ReutersTOKYO/SYDNEY (Reuters) - The yen bounced off a 4-1/2-year low against the dollar on Monday after Japan's economy minister suggested the government might be satisfied with its current level, following a sharp decline over the past six months. The dollar...Tags: Inflation and Deflation, Central Bank, Petroleum Industry, Cypriot Banking Crisis (2013), Elections
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Yen edges up from lows, Asian shares rise
ReutersSINGAPORE (Reuters) - The yen edged higher on Monday after Japan's economics minister said further weakness in the yen could harm households, while Asian shares rose in response to U.S. equities rallying on upbeat economic data. The dollar fell to as low...Tags: Central Bank, IBM, Cypriot Banking Crisis (2013), Netflix Inc., Malaysia
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FOREX-Yen bounces off lows, eyes on BOJ and Bernanke
Reuters* Yen jumps on report Japanese govt may be happy with current level * Other major currencies subdued ahead of key events this week * BOJ meeting, Bernanke's Congressional testimony in focus By Ian Chua SYDNEY, May 20 (Reuters) - The yen bounced off...Tags: The Wall Street Journal, Foreign Exchange Market, Market and Exchange, Ben Bernanke, Economy, Business and Finance
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For Detroit in crisis, next six weeks determine bankruptcy fate
ReutersDETROIT (Reuters) - Bond restructurings, negotiated settlements with bondholders and bond insurers, and tough talk with unionized workers are on the agenda as Detroit's emergency financial manager tries to meet a self-imposed, six-week deadline to...Tags: Wage Contract Issues, Career and Workplace, Bankruptcy, Rick Snyder, Interior Policy
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JGB market sentiment turns positive - Thomson Reuters survey
ReutersTOKYO, May 20 (Reuters) - Sentiment in the Japanese government bond market recovered into positive territory ahead of this week's Bank of Japan meeting, the latest weekly Thomson Reuters poll showed on Monday. JGB trading has been volatile since the BOJ'...Tags: Thomson Corporation, Finance, Economy, Business and Finance, Weather, Japan
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PREVIEW-BOJ may seek ways to calm bond market, policy on hold
Reuters(Recasts with new lead, adds Reuters surveys) * Board meets May 21-22; decision seen May 22 0330-0500GMT * No policy action expected after massive April stimulus * BOJ may fine-tune market operations to stem bond rout * Strong GDP may prompt BOJ to revise...Tags: Central Bank, Inflation and Deflation, Finance, Economy, Business and Finance, Credit Ratings
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BOJ may seek ways to calm bond market, policy on hold
ReutersTOKYO (Reuters) - The Bank of Japan is expected to stand pat on monetary policy this week despite jitters over the recent volatility in bond markets, hoping it can prevent a renewed spike in yields by fine-tuning market operations. The central bank may...Tags: Central Bank, Inflation and Deflation, Weather, Tokyo (Japan), Weather Reports
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Ghosts of incinerator bond deal haunt Harrisburg election
Reuters* Democratic Party primary is on Tuesday * City is poster child for mismanaged public finances By Hilary Russ May 19 (Reuters) - In Harrisburg, Pennsylvania's cash-hungry capital city, local political battles are waged much as they are across the...Tags: Health Insurance Cost, Career and Workplace, Parties and Movements, Bank of America Corp., Elections
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How should the county pay for bridge repairs?
Q: More than 50 of Northampton County's bridges are in need of repair, including 17 identified by the state as needing priority maintenance. Would you be willing to raise taxes or borrow up to $20 million to repair the county's bridges designated in...Tags: Finance, Government, Economy, Business and Finance, Executive Branch, Science and Technology
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Treasury gears up to buy time under reimposed debt cap
ReutersWASHINGTON (Reuters) - The Obama administration on Friday notified Congress it was prepared to take a series of steps to free up about $260 billion so it can keep paying the nation's bills once a temporary suspension in the government's debt ceiling...Tags: Budgets and Budgeting, National Government, Fannie Mae, Labor Day, Public Finance
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High-yield bond funds see lower demand after record rally
ReutersNEW YORK (Reuters) - Investors worldwide cut back on commitments to high-yield "junk" bond funds in the latest week, giving just $100 million to the funds globally after committing over $1 billion the prior week, according to Bank of America Merrill...Tags: Emerging Market, Stock Market, Personal Finance, Bank of America Corp., Google Inc.
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Investors dump Double B names as rates spike higher
ReutersBy Danielle Robinson and Joy Ferguson NEW YORK, May 17 (IFR) - If anyone needed evidence that parts of the high-yield bond market no longer offer protection against rising interest rates, then they received it this week, when the highest quality, longest...Tags: Freescale Semiconductor Incorporated, Prices, The Bon-Ton Stores Inc., Money and Monetary Policy, Finance
May 19, 2013
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May 19, 2013
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May 19, 2013
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May 18, 2013
|Story| Allentown Morning Call
May 17, 2013
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May 17, 2013
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May 17, 2013
|Story| Reuters
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