India's Debt Complicates Growth Plans
Debt at India’s big infrastructure companies is complicating plans to boost the economy.
European Stocks Fall
European stocks and bonds fell sharply Tuesday amid continuing uncertainty over Greece’s future, as last week’s abrupt shakeout in markets showed no sign of slowing.
China Shares Slump on Margin-Trading Worries
Shanghai shares suffered their second largest daily fall this year, putting a halt to the market’s 39% year-to-date rally.
Australia Central Bank Cuts Benchmark Rate
Australia’s central bank cut interest rates for the second time this year, moving to shore up growth in the face falling commodity prices and a China slowdown.
Brazilian Firm Set to Issue Debt
Brazilian cement and concrete producer Vortorantim Cimentos SA is likely to become the first Brazilian player to tap the international debt market this year.
Indonesia High-Yield Corporate Bonds Are Stars in Asia
Junk bonds in Indonesia are Asia’s top performer this year, a sign of how investors are venturing into riskier markets.
Indian Court Admits Aberdeen Petition on Tax Claim
A legal battle between foreign investors and Indian tax authorities over a new tax moved forward as an Indian court admitted a petition by a fund of U.K. money-manager Aberdeen Asset Management that has challenged the tax claim.
Nonbank Lending's Shadow Grows in Asia
As debt has grown across Asia, an increasing portion of the lending has come from nonbank lenders—raising regulators’ concerns.
Asia Shares Bounce Back After Data
China shares rebounded from early losses as data suggested Beijing may need to further bolster the economy, while Indonesia and the Philippines both bounced back from losses last week.
Saudi Arabia Issues Rules for Foreign Investing in Stocks
The kingdom will open its $590 billion stock market to foreigners, one of the last major bourses to have remained mostly shut to international investors, in June.
Asian Block Trades Hit Records
Shareholders are taking advantage of booming markets to sell stock, lifting block trades in Asia.
Trading in Greek Government Bonds Slows to a Trickle
Greece’s standoff with creditors has slashed trading in its government bonds, with prices swinging wildly recently.
China's Cloud Live to Partially Repay Investors
The first Chinese company to default on the principal of a locally-issued bond said it would repay investors 35% of what it borrowed.
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