#Debt / Fixed Income Markets
China stocks fall again despite support measures
SHANGHAI Chinese stocks fell on Tuesday, taking little comfort from a slew of support measures unleashed by Beijing in recent days, and unnerved by Chinese Premier Li Keqiang’s failure to mention the market chaos in a statement on the economy. Before the marke... More »
BlackRock’s Koesterich: Greece vote raises chances of euro exit
NEW YORK Greece’s sound rejection of a bailout at a referendum on Sunday increased the chances it may leave the euro zone, but Athens and its creditors could still reach a deal, said a top strategist for BlackRock Inc, the world’s largest asset manager. “It do... More »
Keeping Greece in euro zone still the aim: Dijsselbloem
THE HAGUE Greece’s ‘No’ vote has made discussions with its creditors more difficult, but the aim remains to keep the country in the euro zone, the head of the bloc’s finance ministers said on Monday. “It doesn’t bring us closer to a solution right away. In fac... More »
Greece proposes tax amnesty for funds parked in Switzerland: paper
ZURICH Greece has proposed a tax amnesty in an effort to collect revenue on billions of euros that its citizens are believed to have quietly stashed in Swiss bank accounts, the NZZ am Sonntag paper reported. The plan, which still needs Greek parliamentary appr... More »
Pimco Total Return Fund stabilizes while Pimco Income gains
NEW YORK Investors pulled $3 billion in assets from Pacific Investment Management Co’s flagship fund in June, compared with $2.7 billion the previous month, in another sign Pimco is stabilizing since last fall’s departure of star manager Bill Gross. The Pimco ... More »
Puerto Rico governor calls for bankruptcy- adviser says island ‘insolvent’
NEW YORK Puerto Rico’s governor on Monday called for the commonwealth to be allowed to restructure its debts under U.S. bankruptcy code, while a newly appointed adviser to the U.S. territory said it is “insolvent” and will soon run out of cash. Governor Alejan... More »
Anti-austerity protests in Greece as bank shutdown bites
ATHENS Tens of thousands of Greeks rallied on Monday to back their leftwing government’s rejection of a tough international bailout after a clash with foreign lenders pushed Greece close to financial chaos and forced a shutdown of its banking system. With a po... More »
Gundlach says purchased ‘lots’ of Treasuries, Ginnie Maes on Friday
NEW YORK Jeffrey Gundlach, a widely followed investor who oversees DoubleLine Capital, said in an interview on Monday his firm had purchased “lots of Treasuries and Ginnie Maes” on Friday, ahead of new developments in the Greek and Puerto Rico crises. The U.S.... More »
Portuguese PM says no country immune to Greek fallout
LISBON The euro zone needs to strengthen cooperation to avoid contagion in financial markets as no country is immune to the consequences of a potential Greek exit from the single currency, Portuguese Prime Minister Pedro Passos Coelho said on Monday. “Nobody c... More »
s1.reutersmedia.net/resources/r/?m=02&d=20140430&t=2&i=893007544&w=&fh=545px&fw=&ll=&pl=&sq=&r=CBREA3T0PE000s1.reutersmedia.net/resources/r/?m=02&d=20140430&t=2&i=893007544&w=&fh=545px&fw=&ll=&pl=&sq=&r=CBREA3T0PE000U.S. small business borrowing rises: PayNet
PayNet President William Phelan speaks at the 2011 Reuters Manufacturing and Transportation Summit in New York December 12, 2011. REUTERS/Brendan McDermid U.S. small businesses boosted borrowing in March, signaling a renewal of confidence in growth prospects a... More »
Nasdaq plan market for trading stakes in buyout funds: WSJ
Pedestrians walk past the NASDAQ MarketSite in New York’s Times Square in this June 4, 2012 file photo. REUTERS/Eric Thayer/Files Private equity firm KKR & Co LP (KKR.N) plans to allow investors to sell parts of their stake in buyout funds through a new privat... More »
Spanish banks face tough rivalry in small companies bet
The logo of Spanish bank Santander is seen outside a building in Madrid October 27, 2011. REUTERS/Andrea Comas Across Spain, the message is hard to miss in office windows showcasing offers: banks want to lend to small companies again. More »
