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Articles in category: Business, Economy & Finance
172 Articles (43 Pages, 4 Articles per Page)
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The bank today announced a fully underwritten SKr15bn ($2bn) rights issue to shore up their balance sheet hit hard by economic turmoil in eastern Europe.
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The Federal Reserve plans to slow the pace of its purchases of U.S. Treasuries as the recession eases, and signaled that the $300bn program will end in October.
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The Bank of Englandâ??s monetary policy committee voted to extend its so-called quantitative easing programme of buying government and corporate bonds from £125bn to an unexpectedly large £175bn, while holding interest rates at 0.5 per cent.
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The prices of the most traded risky European and US loans have reached their highest levels for more than a year, in a further sign of improving conditions in credit markets.
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