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...European countries issued €20.3bn of ABS in 2022, down from €30bn, in 2021, according to S&P....
...That would further drain liquidity from developers, which account for the majority of annual Asian high-yield bond issuance, according to S&P....
...A version of this article was first published by the Nikkei Asian Review on February 14 2020. @2020 Nikkei Inc. All rights reserved....
...Shareholders of Campbell Soup will next week decide if they will vote in favour of five board candidates proposed by Dan Loeb’s Third Point....
...S&P chief US economist Beth Ann Bovino said a default on US government debts would be “devastating” to markets and the economy....
...Yes, if failure includes being bailed out by the government, having losses imposed on bondholders through a bail-in, or some combination of the two....
...US index futures suggest the S&P 500 will lose 9 points to 2,041, writes Jamie Chisholm....
...Instead taxpayer money must be put on the line to bail out these private companies when they get into trouble....
...(FT) Markets Data 05:34 BST Asian markets Nikkei 225 up +94.89 (+0.47%) at 20,078 Topix up +10.87 (+0.67%) at 1,630 Hang Seng down -26.28 (-0.09%) at 28,407 US markets S&P 500: -0.41% at 2,109 DJIA down...
...(FT) Markets Data 05:32 BST Asian markets Nikkei 225 down -397.27 (-1.98%) at 19,662 Topix down -35.12 (-2.16%) at 1,592 Hang Seng down -264.05 (-0.93%) at 28,136 US markets S&P 500: -0.37% at 2,107 DJIA...
...The S&P 500 closed 0.1 per cent higher at 2,039.68, the Dow Jones Industrial Average was flat at 17,614.90. The Nasdaq Composite rose 0.2 per cent to 4,660.56....
...Mizuho Financial Group has become the first of Japan’s banks to sell a “bail-in” bond that would force losses on investors if the group were to hit serious trouble....
...PM has been engaged in dogged salesmanship, pitching his vision on overseas tours of his country’s reinvigorated foreign and economic policy ** BB recent & required reading ** - Guest post: can China bail...
...The S&P 500 rose 0.7 per cent, helped by some encouraging earnings reports, after losing 2.7 per cent last week....
...(NYT) S&P warns of higher risk in bank bail-in bonds: The “bail-in” bonds issued by banks to absorb losses in the case of financial difficulty are much riskier than first thought, Standard & Poor’s has...
...Monte Paschi shareholders voted overwhelmingly to back the capital raising which will allow it to pay back a first tranche of €4.1bn in state bail out bonds....
...(WSJ) Mizuho Financial Group has become the first of Japan’s banks to sell a “bail-in” bond that would force losses on investors if the group hits serious trouble....
...(Financial Times) Tony Hayward, the former chief exec of BP, is teaming up with dealmaker Ian Hannam to bail out gas-to-liquids technology company CompactGTL, according to people familiar with the matter...
...Owning Vanguard’s S&P 500 tracker and its total bond fund since 1990, rebalancing every new year, an investor would have made 8.3 per cent a year, after fees....
...the circulation of outside people” (WSJ) OVERNIGHT MARKETS Asian markets Nikkei 225 up +260.50 (+1.75%) at 15,137 Topix up +19.94 (+1.64%) at 1,238 Hang Seng up +337.60 (+1.49%) at 22,987 US markets S&...
...(Financial Times) Banks face new bail-in-able debt requirements: Mark Carney “said the move was a necessary component in the “ambitious” desire of the Group of 20 nations to stop the most important banks...
...basis of their value before the bail-in....
...(NYT) Bail-ins are no better than fool’s gold (Financial Times) ‘JR’ at Grangemouth (Financial Times) Bahrain: “moar tear gas, please” (Financial Times) Commodities traders face increased competition...
...(Reuters) - How to make bank bail-ins work. (Reuters) - Japanese housewives cooling on AUD uridashi....
...(Financial Times) Apple in record $17bn US bond issue: Apple set a record for the global bond market with a blockbuster $17bn debt sale on Tuesday as the iPhone maker raised capital to fund its plan to...
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