Developing countries are in a bind with high yield returns for bonds Developing countries are finding themselves in market situations that are leaving them high and dry.
Sectors
US$2.25 trillion hedge fund industry hurt by June sell-off
The US$2.25 trillion hedge fund industry continued to be hit by June sell-off because of Fed Chairman's remarks.
Asian stocks rose with Europe rally, euro frets
Asian stocks were swept up by Europe's rally while Euro continued to sulk. On Friday, Asian stocks increased as Euro tended its losses. This transpired after Europe's two most influential banks assured venture capitalists.
China Puts Pressure on Singapore's Temasek
China's current slow growth put pressure on Singapore's Temasek. Temasek Holdings Pte Ltd. came under pressure to force the review of its exposure to Chinese banks in the wake of China's current financial and economic conditions.
Brazil stocks gain 2% as investors snap up Vale, OGX
Brazil's benchmark Bovespa stock index increased by 2% after investors picked up Vale and OGX. On Thursday, Brazil's benchmark Bovespa stock index increased by 2%.
Latest News
According to a new accounting rule, pensions were in bad shape. According to a new accounting rule that would take effect next year, US pensions were only 60% funded in 2012.
Michael Wekerle obtained Difference Capital Financial Icc's Convertible Unsecured Subordinated Debentures for US$10.75 million.
ICI reported to the Federal Reserve a rise in total money market mutual funds The Investment Company Institute (ICI) issued a report for money market mutual funds assets: "Total money market mutual fund assets increased by $12.
Asian currencies are expected to gains some ground within the next 12 months Bangalore currencies are expected to gain some ground against the US dollar despite the downturn in regional economies and low yields.
NY DFS sent a letter to foreign reinsurers asking if they were linked with Iran. The New York's Department of Financial Services sent a letter, dated June 25, to 20 non-US reinsurers of any business transactions they had with entities linked to Iran.
Goldman Sachs targets further gains in STOXX 600 index. Goldman Sachs targets further gains for the pan-European STOXX 600 index. The Goldman team wrote, "Coming into the year, our expectation was that Europe would be a smaller source of destabilising shocks for the global economy and markets but that, equally, it would not be a source of positive catalysts either.
Australia's Brambles planned to spin off Recall Holdings. Brambles Ltd. has announced a revival of a previous plan to exit Recall Holdings. Recall Holdings, a data management business, would then be listed on the Australian Securities Exchange (ASX).
Last May, the demand for capital goods at home experienced a slide in Germany. The German demand for capital goods at home experienced a slide in May. The decrease was at 1.
Creditors for Rede Energisa gave the Energisa offer the green light Creditors for Grupo Rede Energia SA, a Brazilian power distributor currently seeking to exit a backruptcy protection, approved for a takeover plan initiated by rival company Energisa SA.
