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Moody's may remove Brazil "positive" outlook as growth lags
ReutersBRASILIA (Reuters) - Moody's Investor Service says it will become more difficult to justify its "positive" outlook on Brazil's investment-grade credit rating if the country remains in the grip of weak economic growth and its debt burden fails to decline,...Tags: Moody's Corporation, Economic Policy, Credit and Debt, Ratings, Economy
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US high-grade market gets back to issuance
ReutersBy John Balassi June 18 (IFR) - Cautious optimism has returned to the US high-grade primary market this week, with four sizable deals looking to price on Tuesday after an USD8bn print on Monday. But issuers remain conservative, announcing IPTs that...Tags: Bonds, Agilent Technologies Incorporated
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JGBs little changed as investors seek clarity on Fed policy
ReutersTOKYO, June 19 (Reuters) - Japanese government bonds were little changed on Wednesday in thin trading as investors look to how the U.S. Federal Reserve plans to slow down its bond buying. * Investors think Fed Chairman Ben Bernanke might signal the...Tags: Tokyo (Japan), Ben Bernanke, Federal Reserve
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S&P cuts Detroit pension debt rating to D on default
ReutersJune 18 (Reuters) - Standard & Poor's Ratings Services on Tuesday lowered the rating on Detroit's pension obligation certificates of participation to D from CC in the wake of the city's decision to stop payments on the debt. "The downgrade reflects non-...Tags: Moody's Corporation, Standard & Poor's Financial Services LLC, Stock Market
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Tim Hortons pressed by a second hedge fund, shares jump
ReutersTORONTO (Reuters) - Canada's Tim Hortons Inc is under mounting pressure from activist investors to boost shareholder value a few weeks before a new CEO takes over after a second hedge fund said it had amassed a big stake in the coffee and doughnut chain....Tags: Business, Panera Bread Company, Toronto Stock Exchange, Buyback, IHOP Corporation
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Wall St. extends rise, investors see no change in Fed policy
ReutersNEW YORK (Reuters) - Stocks advanced for a second straight day on Tuesday as investors bet the Federal Reserve would temper statements which were interpreted to mean a sooner-than-expected winding down of stimulus efforts. Strong market breadth showed an...Tags: Land Price, NASDAQ, Finance, JPMorgan Chase & Co., Financial Markets
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Brazil ready to face more volatility from abroad: Tombini
ReutersBRASILIA (Reuters) - Monetary policy will help mitigate the impact a weaker local currency could have on inflation in Brazil, central bank chief Alexandre Tombini said on Tuesday. Tombini spoke after Brazil's currency, the real, touched its weakest level...Tags: Currency Values, Moody's Corporation, Marketing, Finance, Central Bank
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PRESS DIGEST - British Business - June 19
ReutersJune 19 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Telegraph UK HOUSE PRICE GROWTH SLOWS TO 2.6 PCT IN APRIL House prices...Tags: Moody's Corporation, Citigroup Incorporated, United Kingdom, Summits, G8
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FOREX-Euro in demand as Fed faces crunch time
Reuters* USD shade firmer on yen, but near four-month lows on euro * Euro and Swissy in demand vs emerging market currencies and A$ * Tensions running high before Fed statement, Bernanke conference * Investors aching for clarity over Fed's next step, might...Tags: Emerging Market, Finance, Money and Monetary Policy, Foreign Exchange Market, Ben Bernanke
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Hong Kong shares seen subdued ahead of Fed policy guidance
ReutersHONG KONG, June 19 (Reuters) - Hong Kong shares may start lower on Wednesday, with turnover likely weak as most investors stay on the sidelines awaiting the outcome of a two-day U.S. Federal Reserve rate-setting meeting later in the day. On Tuesday,...Tags: HSBC Holdings plc, Japan, Hong Kong, China, China Enterprises
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Hong Kong shares to open down 0.2 pct, Mengniu jumps after Yashili offer
ReutersHONG KONG, June 19 (Reuters) - Hong Kong shares are poised to start lower on Wednesday, with high yielding names in the local property and utilities sectors mostly weaker as investors await the outcome of a two-day U.S. Federal Reserve rate-setting...Tags: Hong Kong, China, China Enterprises, Federal Reserve
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UPDATE 1-S&P downgrades Venezuela's sovereign credit rating to B
ReutersNEW YORK, June 17 (Reuters) - Standard & Poor's on Monday downgraded the sovereign foreign currency credit rating for Venezuela to B from B-plus, citing political turmoil as an impediment to enacting meaningful reforms in order to stop a slide in economic...Tags: Moody's Corporation, Petroleum Industry, Hugo Chavez, Credit and Debt, Ratings
Jun 18, 2013
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Jun 17, 2013
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