Indonesia’s rupiah weakened to a 2009 low and the Thai currency fell after the countries missed fundraising targets amid protests in Bangkok and concern the Federal Reserve will bring forward a plan to trim stimulus.
U.S. government bonds are acting more like equities than any time since before the credit crisis, making Treasuries a hidden risk to investors becalmed by the prospect of the Federal Reserve prolonging stimulus into 2014.
Treasury yields will “trend sideways” through September amid tepid economic growth before rising at year-end as the Federal Reserve begins scaling back its debt buying, according Standish Mellon Asset Management Company LLC.
Three former Synthes Inc. executives were sentenced to prison terms ranging from five months to nine months each for their roles in the unapproved trial of a bone- cement drug in which three patients died.
Foreign investors, the bulwark of the U.S. government bond market as it more than doubled in size during the financial crisis, are adding Treasuries at the slowest pace since 2006 amid the worst rout in four years.
International rules adopted in Australia requiring thoroughbreds to physically mate to produce offspring eligible for racing are seen to illegally curb competition and a lawyer said they should be abolished.
No one does mean like Alan Rickman. With a sneering smile and an evil twinkle in his eye, he can reduce anybody dumb enough to challenge him -- whether it’s Harry Potter or the four novice writers under his tutelage in “Seminar” -- with little more than a single word.
European lenders, more reliant than ever on emergency aid after borrowing $1.3 trillion from their central bank, may need additional cash infusions until policy makers stem the crisis engulfing Spain and Italy.