Debt cap row threatens confidence in US: Bernanke
Posted on June 14, 2011 by
Failure to raise the US debt ceiling in a timely manner could sink investors’ confidence in the economy, Federal Reserve chief Ben Bernanke warned Tuesday.
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Euro zone seeks way out of Irish debt crisis
Posted on November 16, 2010 by
Euro zone finance ministers will try to find a way out of Ireland’s debt crisis on Tuesday, with Dublin resisting calls to seek a state bailout by contending that only its banks may need help.
Continue ReadingCorporate debt "wall of maturity" crumbling: study
Posted on August 24, 2010 by
Financial markets are knocking down a wall of debt maturity that has endangered the U.S. economic recovery and threatened to push more companies into bankruptcy, according to an investment firm report on Tuesday.
Continue ReadingRBS plans major debt restructuring: report
Posted on March 16, 2010 by
Partly-nationalised Royal Bank of Scotland is planning a major debt restructuring, the Financial Times reported on Tuesday.
Continue ReadingForeign Demand for U.S. Debt Plunges as China Dumps Treasurys …
Posted on February 16, 2010 by
The global appetite for US financial assets slowed markedly in December, and demand for federal debt fell by a record amount as China dumped more than $34 billion in American IOUs, the Treasury Department said Tuesday.
Continue ReadingFitch downgrades Greek debt
Posted on December 8, 2009 by
The Fitch rating agency downgraded Greek long-term debt ratings on Tuesday, saying the outlook for Greek public finances was negative, marking the second such rating blow for Greece in two days.
Continue ReadingCreditors mobilize over Dubai debt plan
Posted on December 1, 2009 by
— Bondholders and creditors have begun mobilising in response to Dubai World’s $26bn restructuring plans, as Dubai’s ruler on Tuesday sought to reassure investors that his debt-laden emirate’s economy remained sound.
Continue ReadingDubai World Says Debt Negotiations Only Cover Nakheel – DealBook …
Posted on December 1, 2009 by
Officials in the United Arab Emirates tried Tuesday to calm investors and the public over the Dubai World debt crisis, and the company itself said it was seeking to renegotiate only the obligations held by its troubled real estate …
Continue ReadingUS public debt tops 12 trillion dollars for first time
Posted on November 17, 2009 by
The US public debt topped 12 trillion dollars for the first time in history, Treasury officials disclosed Tuesday, moving past a key barrier that raised hackles in Congress.
Continue ReadingDow Chemical Sells $2.75 Billion in Debt to Pay Loan
Posted on August 5, 2009 by
Dow Chemical said Tuesday that it had priced a $2.75 billion public debt offering, and would use the proceeds to help repay a loan used to acquire smaller rival Rohm & Haas for $16.5 billion earlier this year.
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