Acquisitions cool down as IPOs heat up
Mergers and acquisitions cooled in the last quarter as activity in public offerings heated up, according to a report from Dow Jones VentureSource. View the full article HERE .
Source: EETimes
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South Korea to clamp down on "kimchi bonds"
SEOUL (AFP) - South Korea said Tuesday it would ban banks and other financial firms from buying foreign-currency bonds sold by local firms for domestic projects, in an attempt to curb foreign debt and...
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Former chair of News International steps down
NEW YORK – Les Hinton, chief executive officer of News Corp’s Dow Jones and Co unit, announced his resignation yesterday, the second company executive to step down in a day.
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Stocks end up on earnings, but down for week
Stocks advanced Friday, as blowout earnings from Google and a big corporate takeover overshadowed another warning about the US credit rating and a depressed reading on consumer sentiment. The Dow Jones...
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News Corp. Says Dow Jones CEO Les Hinton Is Stepping Down
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A fourth of Europe's banks would be at risk in another downturn, stress tests find
Europe's banking system remains heavily dependent on government support and would be at risk if another economic downturn hits, the European Banking Authority said Friday in a report that highlights...
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S&P warns of US downgrade
WASHINGTON - The United States' second debt downgrade warning in two days jacked up the stakes Thursday for the country's financial stability as politicians battled over how to cut the deficit.
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US Federal Debt Ceiling: Moody’s Downgrade Shows How to Trade It
The US Debt Ceiling represents a key risk to financial markets, but what does it mean for currencies and how can we trade it? Legislative deadlock threatens to place the US Treasury in a form of default...