Italian Banks Plunge as Ratings Review Fuels Debt Crisis Concern
UniCredit SpA and Intesa Sanpaolo SpA shares slumped in Milan after a review of lenders’ credit ratings sparked concern the European debt crisis may spread.
BusinessWeek.com — Finance
UniCredit SpA and Intesa Sanpaolo SpA shares slumped in Milan after a review of lenders’ credit ratings sparked concern the European debt crisis may spread.
BusinessWeek.com — Finance
Pacific Investment Management Co., which runs the world’s biggest bond fund, said Asian debt will benefit from quickening economic growth and improving ratings.
BusinessWeek.com — Finance
Federal Reserve Chairman Ben S. Bernanke said investor speculation over which money market mutual funds are likely to be bailed out by their parent companies during a crisis can undermine the stability of the industry that manages $ 2.79 trillion.
BusinessWeek.com — Finance
Japan’s Nikkei 225 Stock Average plunged the most in seven weeks on concern China will act further to slow inflation and as steelmakers and banks dropped after analysts cut investment ratings.
BusinessWeek.com — Finance
Japanese stocks fell, dragging down the Nikkei 225 Stock Average by the most this month, on concern China will take more steps to slow inflation and as banks and steelmakers dropped after analysts cut investment ratings.
BusinessWeek.com — Finance
Japanese stocks rose, driving the Nikkei 225 Stock Average to the highest close since June, as the yen at a two-month low against the dollar improved the outlook for export earnings and analysts boosted investment ratings.
BusinessWeek.com — Finance
Japanese stocks rose, driving the Nikkei 225 Stock Average to the highest level since June, as the yen at a two-month low against the dollar improved the outlook for export earnings and analysts boosted investment ratings.
BusinessWeek.com — Finance
Japanese stocks rose, driving benchmark indexes to their highest levels in a week, as the yen at a two-month low against the dollar improved the outlook for export earnings and after analysts boosted investment ratings.
BusinessWeek.com — Finance