Given all that transpired globally over the Thanksgiving weekend, the idea of holding risky assets like stocks should give investors heartburn. Perhaps a strong Black Friday weekend and holiday selling season will draw traders’…
One thing investors are probably thankful for is that this holiday-shortened trading week is finally over. The U.S. stock market logged just a half day Friday but not before posting more deep and broad-based losses, as European sovereign debt fears con…
Heavy equipment manufacturer Caterpillar is marketing a two-year 1 billion renminbi bond to institutional investors in Hong Kong. It’s only the second multinational company to test the waters of the “dim sum” market, and its o…
Ireland’s credit rating was lowered two notches by Standard & Poor’s, as the country prepares to offer a four-year budget aimed at slashing the deficit.
“The Irish government looks set to borrow over and above our previous projections to fund furt…
Hong Kong took a new step this week to let some air out of its real estate bubble, levying a heavy tax on property flippers — a move that has already sent asking prices there downward. But Hong Kong’s real estate risks are dwa…