SINGAPORE/TOKYO, April 11 (Reuters) - At least one soybean cargo defaulted on by Chinese importers was sold by Japan's Marubeni Corp, three sources said, as slowing demand and tightening credit in the world's top importer hits oilseed trade.
simplify its business focus, a view that has been supported by its dividend cut in 2009 . Global economic conditions and the credit crunch threatened GE Capital (GECC) at the time, and management's moves since then have been to diversify away from its financial
noting that the Street is bracing for limited-to-no upside to FY 2014 guidance because of uncertainty over the impact of tightening credit on Ukrainian seed volumes going forward and Brazilian weather impact on Intacta supply availability for next season. The
37%. However, the preponderance of the return has been driven by declining long-term interest rates as opposed to tightening credit spreads. The recent flight to safety has driven the yields on the 10-year and 30-year Treasury bonds down 33 basis
new future for the 119-year-old former banking giant and its diehard shareholders. Brought down in September 2008 by tightening credit markets, poor mortgage investments, short sellers, and now accusations of LIBOR price fixing, the FDIC seized the bank
March 24 (Reuters) - Developer Greentown China said on Monday it was on the lookout for acquisition opportunities as smaller developers fail and plans various promotions to clear inventories.
March 24 (Reuters) - Property developer Greentown China is on the lookout for acquisition opportunities as small developers fail, and plans various promotions to clear inventories as a credit crunch bites, a top company official said on Monday.
(The opinions expressed here are those of the author, a columnist for Reuters.)
NEW YORK, March 11 (Reuters) - At least one U.S. scrap copper trader has suffered "large" losses after a buyer in China defaulted on a deal in the past week, one of the first signs that sinking prices and tightening credit are taking a toll on the physical market.
Mortgage REITs use short-term financing. They could be forced to accept unfavorable terms or a margin call during a credit crunch .The sector has yet to recover from its 2008 clobbering, making REM look deceptively low-volatility.REM's distributions