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.

US$1 Trillion Public Pension Cuts Japan’s Bond, Increases Stocks

Prime Minister Shinzo Abe announced cutting down Japan's pension fund and focusing into stocks, away from government bonds.

India Set To Suffer as US Rates Rise

India's rapidly declining currency is a clear sign that US policy affects the whole world. (Photo : REUTERS)Indian currency of different denominations are seen in this picture illustration taken in Mumbai India is emerging as the canary in the mine for Asia's money market.


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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.
Curacao retained its A minus credit rating from Standard and Poor's but declines in outlook. (Photo : R)The image is the corporate headquarters facade of Standard & Poor's.
SOCAR, the Azeri state energy company, had started negotiations with the Greek government for the purchase of natural gas grid operator DESFA.