Fixed Income Securities
US stocks drop on Cyprus, weak earnings
Mar 21, 2013 16:54 EDT
US stocks fell Thursday, hit by uncertainty over the Cyprus banking crisis and some surprisingly weak corporate earnings.
S&P cuts Cyprus rating one notch to 'CCC'
Mar 21, 2013 16:24 EDT
Ratings firm Standard & Poor's cut troubled Cyprus' sovereign credit rating by one notch on Thursday citing "acute problems" in Cyprus's banking sector.
Moody's cuts Egypt bond rating to Caa1
Mar 21, 2013 12:15 EDT
Credit ratings agency Moody's said on Thursday it has downgraded Egypt's government bond ratings by one notch to Caa1 from B3, saying political instability had "significantly weakened" the economy.
Freddie Mac sues big banks over Libor rigging
Mar 20, 2013 13:00 EDT
US government-controlled mortgage giant Freddie Mac has sued more than a dozen of the world's biggest banks over losses from the alleged rigging of the Libor interest rate.
US stocks hold up despite Cyprus crisis
Mar 19, 2013 16:55 EDT
US stocks closed mixed Tuesday, holding on as the Cyprus financial crisis threatened to ignite more turmoil across the European financial system.
Cyprus urged to 'swap bank deposits for CDs'
Mar 19, 2013 11:19 EDT
A top US debt restructuring expert has recommended that Cyprus convert large bank deposits into term deposits to stem the crisis and avert a run on the country's banks when they reopen.
UBS poised to quit scandal-hit Euribor panel
Mar 19, 2013 07:34 EDT
Swiss financial giant UBS said Tuesday it was poised to quit the panel which sets the Euribor benchmark rate for lending in euros between banks, becoming the latest player to leave.
US stocks fall on Cyprus bailout worries
Mar 18, 2013 18:13 EDT
US stocks fell for a second straight day Monday as the Cyprus banking crisis sent jitters through markets.
International lending shows smallest growth in 13 years: BIS
Mar 17, 2013 16:10 EDT
Cross-border lending saw its smallest growth in 13 years in the third quarter of 2012, according to a report published Sunday by the Bank for International Settlements (BIS).
Spanish debt hits record 84.1% of GDP
Mar 15, 2013 10:02 EDT
Spain's public debt hit a new record of 84.1 percent of gross domestic product (GDP) at the end of 2012, owing to increases both at the federal level and that of the country's 17 autonomous regions, official data released on Friday showed.
European stocks rise on Irish news before EU summit
Mar 14, 2013 09:16 EDT
Europe's main stock markets rose on Thursday as investors took heart from news that Ireland could become the first eurozone nation to emerge from its bailout programme, dealers said.
Dow extends record-setting streak to seven days
Mar 13, 2013 16:54 EDT
The Dow Jones Industrial Average set a new record closing for the seventh straight day Wednesday as US stocks registered small gains.
Ireland returns to 10-year bond market
Mar 13, 2013 15:14 EDT
Ireland on Wednesday returned to the 10-year bond market for the first time since it benefited from an international bailout in 2010, raising almost double the amount predicted by analysts.
Dow squeaks out 6th record high, S&P 500 falls
Mar 12, 2013 16:50 EDT
US stocks closed mostly lower Tuesday in quiet trade, but the Dow squeezed out a sixth straight day of record-high closings.
US stocks mixed; Apple weighs on Nasdaq
Mar 12, 2013 10:52 EDT
US stocks were mostly higher in early trade Tuesday, with the Dow and the S&P 500 extending seven days of gains, while the Nasdaq sank under pressure from tech heavyweight Apple.
Spain's short-term borrowing costs ease
Mar 12, 2013 07:46 EDT
Spain's borrowing costs eased as it sold 5.832 billion euros in short-term debt on Tuesday, in a sign of further-strengthening market confidence in the crisis-hit country.
Bundesbank 2012 profits stall on risk provisions
Mar 12, 2013 06:39 EDT
The Bundesbank said on Tuesday that its net profit for last year rose only slightly from a year earlier, owing to a steep increase in risk provisions.
US stocks push higher; Dow in fresh record
Mar 11, 2013 17:30 EDT
US stocks brushed off an early move toward a correction and added to the bull run, with the Dow setting a fresh record for the fifth straight day.
Fitch downgrades Italy to 'BBB+' with negative outlook
Mar 08, 2013 15:51 EST
The international ratings agency Fitch said Friday it had downgraded Italy's sovereign debt rating by one notch to "BBB+" from "A-" and added that the outlook was negative.
Dow rise sets fresh high despite Fed report
Mar 06, 2013 16:41 EST
The Dow pushed to fresh highs Wednesday one day after notching an all-time record, even as the Federal Reserve said economic growth continued at a dull pace.
