Archive for the ‘News’ Category

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August 05, 2011, 5:24 AM EDT By Chiara Vasarri Aug. 5 (Bloomberg) -- Italy’s economic growth gained pace in the second quarter, with the recovery of Europe’s fourth- largest economy...

Spanish risk premium soars

August 4, 2011 | In: News

Spain's debt risk premium shot to another record high Wednesday, forcing the prime minister to interrupt his...

Pretty much every bank, national treasury, pension fund, insurer and mutual investment fund in the world has got some money tied up in United States Treasury bonds. They are by far the most widely held, actively traded and liquid financial...

Italy’s borrowing costs soar

July 31, 2011 | In: News

By Valentina Za and Marius Zaharia MILAN/LONDON – Italy’s borrowing costs soared at a closely watched bond auction on Thursday as investors worried by the eurozone debt crisis and an impasse over the U.S. debt ceiling exacted a high risk...

MILAN/LONDON (Reuters) - Italy's borrowing costs soared at a closely watched bond auction on Thursday as investors worried by the euro zone debt crisis and an impasse over the U.S. debt ceiling exacted a high risk premium. The 8 billion euro ($11.4...

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July 18, 2011, 7:58 AM EDT By Arif Sharif July 18 (Bloomberg) -- National Bank of Abu Dhabi PJSC, the United Arab Emirates’ second-biggest bank by assets, sold the Persian Gulf...

State and local governments rely on municipal bonds to finance projects like highway construction. But those funds are under fire as Congress considers eliminating tax exemptions on muni bonds.NEW YORK (CNNMoney) -- As lawmakers are busy trying to...