May 16 (Reuters) - Detroit's bondholders face a heightened chance of default or bankruptcy by the city under a financial recovery plan released on Monday by a state-appointed emergency manager...
May 16 (Reuters) - A financial recovery plan released on Monday by a state-appointed emergency manager running Detroit has negative consequences for the city's bondholders, Moody's Investors Service...
LONDON, May 16 (Reuters) - British buy-out firm 3i has agreed to work closely with major investment partners to buy into companies together, sidestepping the need to raise new funding in the short...
media dubbed “Abenomics.” He and his Liberal Democratic Party (LDP) started by swiftly passing a US$142 billion stimulus package to jump-start the economy through job creation and a focus on upgrading Japan’s aging infrastructure. Abe also seized
April 2013, in an attempt to end deflation and boost the economy, the central bank introduced a very aggressive monetary stimulus package that aims at almost doubling the amount of yen in circulation by the end of 2014. The additional liquidity is likely to
whose aggressive monetary and fiscal moves are now referred to as Abenomics . Weakening yen should benefit exporters while economic stimulus should help real-estate, banks [ and consumer-oriented sectors ]. Mentioned are Japan-oriented mutual funds CPAWX
HONG KONG (Reuters) - Improving first-quarter results from some of China's biggest steel and cement firms suggest that Beijing's economic recovery plan may be starting to filter through into corporate profits.
HONG KONG, May 3 (Reuters) - Improving first-quarter results from some of China's biggest steel and cement firms suggest that Beijing's economic recovery plan may be starting to filter through into corporate profits.
SEOUL, May 2 (Reuters) - South Korean shares were down on Thursday morning, tracking Wall Street losses, but losses were limited by expectations of early approval of a government stimulus plan to reinvigorate the trade-reliant economy.
SEOUL, May 2 (Reuters) - South Korean shares were flat on Thursday, with expectations of an interest rate cut in Europe and approval of South Korea's stimulus plan lending support but lacklustre economic data from the U.S. and China capping gains.