Market Chilly to Argentine Debt Proposal
Argentina's options are dwindling after its latest proposal to exit default by sidestepping a U.S. court order met with skepticism in financial markets on Wednesday.
Bond Sales in Africa Losing Allure
African governments are on pace to issue a record amount of bonds in 2014, but global investors' appetite for African bonds may be testing its limit.
Nervous Hedge Funds Turn Defensive
Some hedge funds are cutting back on their riskier positions because of fears that certain assets may have become overpriced and concerns about the conflicts in Ukraine and Iraq.
Top U.K. Fund Manager Neil Woodford Says Equities Overvalued
One of the U.K.'s top fund managers of recent years, Neil Woodford, is warning that equity markets are highly overvalued, with growth in Europe and the U.K. particularly worrying.
Citi Japan Unit's Clients Seen as Attractive
Citigroup's plan to sell its Japanese retail-bank unit may draw some interest from Japanese banks not because the unit is a big moneymaker but because it is thought to have a relatively wealthy customer base.
U.S. Stocks Rise, Shrug Off Fed Minutes
U.S. stocks extended their winning streak after a brief turn lower on jitters about the outlook for Fed policy.
Pound Fluctuates on BOE Minutes
The British pound was buffeted by minutes from the Bank of England showing that two officials had pushed for an immediate rise in interest rates in August.
Mexico's Pemex Prepares to Compete With Private Firms
State-owned oil company Petróleos Mexicanos said it is creating drilling, logistics and electricity affiliates as it restructures its operations to compete with private oil firms.
Canada's Big Banks Seen Reporting Mixed Results
Canada's big banks begin reporting third-quarter earnings this week and are expected to produce mixed results year-over-year amid middling loan growth and strong capital-markets activity.
Germany Pays No Return on Debt
Germany paid no return at an auction of a new series of two-year debt, in a sign that the search for havens remains a priority for investors.
Norway Oil Fund Eyes Russia Risks
The effect on European equities of tensions between Russia and the West could pose a challenge to Norway's $890 billion sovereign-wealth fund.
JA Solar's Profit Rises
JA Solar said rising sales of solar panels made it profitable in the second quarter, and the Chinese company increased its forecast for shipments.
Sam Zell, Ex-Partner Face Off in Emerging Markets
Since an acrimonious split, Sam Zell and his former partner Gary Garrabrant have kept their distance. Now they are preparing to square off on turf they once conquered together: emerging-markets real estate.
Asian Shares Mixed
Most Asian stock markets were little changed, though Hong Kong's benchmark Hang Seng reached another six-year high.
U.S. Construction Shifts to Second Tier
Construction projects in cities across the country that stalled during the economic downturn now are getting the green light, an indication that the real-estate recovery is spreading beyond a handful of urban areas.
Tech Sector's Capital Infusion
Washington's commercial-real-estate market is getting a boost from the technology sector.
Plots & Ploys: News Summary
MediaNews Group is putting its real estate on the block; Investors are pouring money into health-care properties; Swedish construction giant Skanska invests in more public-infrastructure projects.
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