Credit Suisse bond wipe-out will not trigger credit insurance payout
By Chiara Elisei LONDON (Reuters) -Holders of credit insurance linked to Credit Suisse bonds will not get a payout after…
Economy
China’s domestic travel recovery marred by anti-spending ‘special forces’
By Casey Hall SHANGHAI (Reuters) – When graduate student Cai Zhishan decided to spend her Labour Day holidays in northern…
Column-Investors favor Japan’s rising sun over China’s fading star: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) – Long Japan, short China. If there is a general macro, relative value trade…
New Zealand set to deliver no frills budget as election looms
By Lucy Craymer WELLINGTON (Reuters) – New Zealand is set to deliver what it calls a “no frills” budget on…
Tyre-makers under pressure as too much rubber hits the road
By Nick Carey and Barbara Lewis LONDON (Reuters) – Tyre-makers are under pressure to almost literally reinvent the wheel as…
Jordan must accelerate reforms to drive faster growth -IMF
By Suleiman Al-Khalidi AMMAN (Reuters) – The International Monetary Fund said on Wednesday Jordan needed to accelerate structural economic reforms…
Netflix ad tier has nearly 5 million monthly active users
By Lisa Richwine LOS ANGELES (Reuters) -Netflix Inc’s recently launched ad-supported tier reaches nearly 5 million active users per month,…
Wall St rallies on debt ceiling optimism, regional bank rise
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks rose sharply on Wednesday, fueled by optimism over a potential deal…
Fed’s watchdog defends work before Senate amid questions over his independence
By Michael S. Derby NEW YORK (Reuters) – The Federal Reserve’s in-house watchdog defended his agency’s independence and ability to…
Charles Schwab to raise $2.5 billion in long-term debt – WSJ
(Reuters) – Charles Schwab Corp is looking to raise $2.5 billion in long-term debt, the Wall Street Journal reported on…