 Debt-payment cut to fatten solons’ pork rejected
Mon, 06 Sep 2010 23:56:04 -0700
Congressmen could no longer cut the debt service allocation in the national budget to boost their pork barrel funds, Budget and Management Secretary Florencio Abad told the Senate on Monday.
Greek Debt Deals Hidden From EU Probed as 400% Yield Gap Shows Bond Doubts
Tue, 07 Sep 2010 15:06:45 -0700
Four months after the 110 billion- euro ($140 billion) bailout for Greece, the nation still hasn’t disclosed the full details of secret financial transactions it used to conceal debt.
Health Management Associates, Inc. to Present at the Morgan Stanley Global Healthcare Conference
Tue, 07 Sep 2010 13:05:00 -0700
NAPLES, Fla.----Health Management Associates, Inc. announced today that its management will present at the Morgan Stanley Global Healthcare Conference to be held September 13-14, 2010, at the Grand Hyatt Hotel in New York City.
Pa. capital citys debt mounts amid political feud
Tue, 07 Sep 2010 16:21:47 -0700
Pennsylvanias financially troubled capital city is trying to avoid painful budget cuts while city leaders feud over how to deal with a staggering debt that is threatening to drag the city into bankruptcy.
Israeli Debt Sales Increase to 3-Year High on Tumbling Yields
Tue, 07 Sep 2010 01:57:44 -0700
Israeli companies from Gazit Globe Ltd. to Israel Corp. are on pace to raise the most financing through local debt sales in three years after borrowing costs sank and the government scaled back offerings.
Integrated Asset Management Launches Capital Management Business
Tue, 07 Sep 2010 08:06:02 -0700
Integrated Asset Management Corp. announced Tuesday that it has officially launched River Plate House Capital Management, a new firm that will be ideal for pension funds as they revise their investment strategies.
Dana Gas, Aldar Lead Convertible Debt Rally: Islamic Finance
Tue, 07 Sep 2010 00:28:04 -0700
Convertible Islamic debt sold by Dana Gas PJSC and Aldar Properties PJSC are headed for the best quarter in a year, a sign the Persian Gulf market is reviving.
Europe debt concerns hit banks as FTSE falls
Tue, 07 Sep 2010 05:14:32 -0700
LONDON: Britains top shares dropped on Tuesday, , Sept 7 paring gains over the previous seven sessions, with banks falling on European debt worries and miners hit as the threat of a punitive tax in Australia resurfaced. By 1045 GMT, the FTSE 100 was down 43.82 points, or 0.8 percent, at 5,395.37. The index had gained almost 6.5 percent over the previous seven days to reach its highest close ...
U.S. Stocks Decline on Concern European Debt Crisis May Worsen
Tue, 07 Sep 2010 10:49:00 -0700
Bank of America Corp. and Citigroup Inc. fell at least 1.8 percent as European banks slid on concern stress tests understated potential losses from sovereign debt. ConocoPhillips and Freeport-McMoRan Copper & Gold Inc. dropped more than 1 percent as copper slid and oil declined the most in a... Business - Equities - Investing - Stocks and Bonds - Dow Jones Industrial Average
Deepening debt market needs to be prioritised: survey
Mon, 06 Sep 2010 23:09:11 -0700
Deepening of the wholesale debt market will have to be accorded top priority, a survey said, while listing out some recommendations to further strengthen the countrys financial system.
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