New Issues

Australian lawmaker proposes to same-sex partner on floor of parliament

Australian lawmaker proposes to same-sex partner on floor of parliament

Published 04/12/2017

MELBOURNE (Reuters) - An Australian conservative politician on Monday proposed to his long-term partner on the floor of parliament, ahead of the expected passage of [more…]

Japan plans extra budget of $24-26 billion for fiscal 2017: sources

Japan plans extra budget of $24-26 billion for fiscal 2017: sources

Published 27/11/2017

TOKYO (Reuters) - Japan’s government is set to compile an extra budget worth around 2.7-2.9 trillion yen ($24-26 billion) for the fiscal year to March [more…]

Illinois returns to muni market with $750 million bond sale

Illinois returns to muni market with $750 million bond sale

Published 22/11/2017

CHICAGO (Reuters) - Illinois, which sold $6 billion of bonds last month to raise money to pay overdue bills, will be back in the U.S. [more…]

Toshiba $5 billion stock issue results in huge dilution but delisting risk removed

Toshiba $5 billion stock issue results in huge dilution but delisting risk removed

Published 20/11/2017

FILE PHOTO: The logo of Toshiba Corp is seen as window cleaners work on the company's headquarters in Tokyo, Japan, February 14, 2017. REUTERS/Toru Hanai/File [more…]

AXA`s U.S. insurance, asset management unit files for IPO

AXA`s U.S. insurance, asset management unit files for IPO

Published 13/11/2017

The U.S. unit of the French insurer AXA has filed for an initial public offering (IPO), according to a U.S. regulatory filing on Monday. [more…]

Muni market breathes `sigh of relief` over Senate tax plan

Muni market breathes `sigh of relief` over Senate tax plan

Published 11/11/2017

The U.S. Senate Republican tax bill helped soothe nerves in the municipal bond market on Friday, just over a week after the House of Representatives proposed changes that would decrease its future supply of tax-free debt. [more…]

U.S. junk bond sector ends rough week on calmer note

U.S. junk bond sector ends rough week on calmer note

Published 10/11/2017

Cracks in the red-hot U.S. high-yield bond market are starting to widen, with two junk-rated companies pulling their deals on Friday and U.S.-based high-yield funds suffering their second consecutive week of cash withdrawals. [more…]

Russia, bracing for U.S. sanctions, to woo Chinese investors for its bonds

Russia, bracing for U.S. sanctions, to woo Chinese investors for its bonds

Published 10/11/2017

Russia plans to hold a non-deal road show in China soon to pitch its OFZ treasury bonds denominated in yuan to Chinese investors, as a safeguard against new U.S. sanctions causing other foreign investors to exit the bonds, a Russian deputy finance minister said. [more…]

Stock market fall `not the Big One`, says BAML

Stock market fall `not the Big One`, says BAML

Published 10/11/2017

Investors poured a record $1.3 billion into funds managing tech shares over the past week, contrasting with a picture of ebbing inflow into world equity vehicles and losses on U.S. stock funds, Bank of America Merrill Lynch (BAML) said on Friday. [more…]

Investment veterans launch real estate, hospitality buyout vehicle

Investment veterans launch real estate, hospitality buyout vehicle

Published 09/11/2017

The former chairman of fund manager Man GLG and the ex-president of Vornado Realty Trust are behind a buyout vehicle that will seek deals in the real estate and hospitality sectors, according to marketing materials seen by Reuters on Thursday. [more…]