Hedge Funds Uses Recent Mexican Peso Sell-off

Macro hedge funds are using the recent sell-off in the Mexican peso as a buying opportunity. (Photo : Reuters)The image shows different currencies against the US dollar.


Dole Food Corp Board Under Investigation

Dole Food Corp board of directors to be investigated for allegations of breach of fiduciary duties and other violations.

Pope Francis appoints Monsignor Ricca for the Vatican Bank

Pope Francis, in the bid to reform the Vatican bureaucracy, appoints Monsignor Ricca to manage the Vatican Bank.

PIMCO fund cuts Treasuries and Mortgages Debt in February

The PIMCO Total Return Fund lowered its holdings of US Treasuries and mortgage debt in February as shown in the fund's website on Monday.


Latest News

Net long position of the US dollar fell, together with other currencies according to the Commodity Futures Trading Commission.
Berkshire Hathaway announces the formation of a new firm specifically for the excess and surplus market.
Organic baby food producer Plum Organics was acquired by Campbell Soup Co. (Photo : forbes. com)This is an image of one of Campbell Soup's products.
With more companies opting to return earnings through dividends. economic growth now falls squarely in governmental action.
Foreign investors, such as China and Japan, have started divesting their US bond holdings. (Photo : Reuters)The image is a bunch of 'Benjamins' in a row.
During the Morningstar Investment Conference, investors expressed their favor to non-agency mortgage loans.
Emerging debt market trading fell by 12% in the first quarter of 2013. (Photo : Reuters)The image is the facade of the New York Stock Exchange. The trading volume for debts from emerging markets declined by 12% in the first quarter of 2013 compared to the previous year.
Tesco stops orders from Bangladeshi supplier after finding structural defects in its factory. (Photo : Reuters)The image is the corporate logo of Tesco UK.
As the dollar wins over other currencies such as the rouble and peso, emerging corporate bonds increase.
The Canadian dollar remains steady against the US dollar, but may change once the Federal Reserve Chairman makes his remarks on quantitative easing.