Debt Market

* U.S. appeals court ruling expected in coming weeks * Argentina could take its case to the Supreme Court * Market is prepared for a technical default By Hilary Burke BUENOS AIRES, May 13 (Reuters) - When Argentina defaulted on its debt in 2002, the...

By Nick Carey and Steve Neavling DETROIT, May 12 (Reuters) - Six weeks into his work as Detroit's emergency manager, former bankruptcy lawyer Kevyn Orr has found the city's finances in worse shape than expected, with long-term debt at $15 billion, $2...

ATHENS (Reuters) - Greece has hopes of returning to bond markets around the end of 2014, its finance minister said on Thursday after its bond yields dropped to their lowest levels since last year's debt restructuring. Greek 10-year bond yields dropped...

BERLIN (Reuters) - German Finance Minister Wolfgang Schaeuble signaled a softer stance on European banking union on Tuesday, saying that rather than waiting for a treaty change, governments should coordinate policies on closing banks. A banking union...

The $81.76 million budget proposed for the next fiscal year drew little interest from residents Monday, even though it would increase both spending and taxes. Residents could express their opinion on the budget at the annual budget meeting Monday. A...

SHANGHAI (Reuters) - A Chinese local government has apparently used public funds to repay the debt of a private firm, in a case that raises fresh questions about whether recent estimates of local government debt properly account for the full range of...

ROME (Reuters) - The euro zone must keep control of its public finances and high debt countries in particular must not reverse budget reforms, European Central Bank President Mario Draghi said on Monday. In a speech delivered in Rome, Draghi addressed...

* Letta eyes wider backing in meeting with Spanish PM * Wants EU policy shift towards more growth, less austerity * ISTAT says economy will shrink 1.4 pct this year * But data suggests recession gradually easing By Gavin Jones ROME, May 6 (Reuters) -...

MANILA, May 2 (Reuters) - Standard & Poor's raised the Philippines' credit rating to investment grade on Thursday, the second debt agency to do so in less than two months, putting the Southeast Asian country on track to attract more foreign capital flows....

May 2 (Reuters) - U.S. regulators are considering requiring certain large, complex banks to maintain a minimum level of unsecured long-term debt to ensure that creditors bear any losses if a firm collapses, the Wall Street Journal reported, citing...

(Reuters) - In the past week we've had two object lessons in the madness of the bond market: Rwanda and Apple. Apple Inc, maker of the ubiquitous iPhone and iPad, on Tuesday sold $17 billion of bonds, the largest-ever corporate issue, at rates of...

TOKYO (Reuters) - From the moment he assumed the job in March, Bank of Japan Governor Haruhiko Kuroda had a number in mind: 9. The number had nothing to do with the scale of the bank's stimulus plan, which the market had been buzzing about. It was a...