Goldman set to cut more than 5pc of fixed-income staff
Goldman Sachs Group plans to eliminate more than 5 per cent of traders and salespeople in its fixed- income business.
Goldman Sachs Group plans to eliminate more than 5 per cent of traders and salespeople in its fixed- income business.
China's credit rating outlook was lowered to negative from stable by Moody's Investors Service, which cited rising government debt, falling currency reserves and uncertainty over the authorities' ability to carry out reforms.
Japan has sold new 10-year bonds with a yield below zero for the first time, meaning the world's most heavily indebted country is getting paid now to borrow.
After eight years of unprecedented intervention in financial markets, the Fed has taken the first baby steps in a long-term mission to extract itself.
Australian bond yields are on course to drop to a record low after the central bank left the door open for an interest-rate cut.
Lead financiers ANZ Banking Group and Nomura have finalised syndication of a $255 million loan to fund the buyout of childcare centre owner,...
Government bond yields fell sharply this week as sub-zero inflation, central bank stimulus and investor flight to low-risk assets amid globa...
Argentina had been frozen out of international financial markets for more than a decade after it defaulted on $US100 billion of debt.
Standard & Poor's affirmed its "A" rating on global miner BHP Billiton's debt, citing a change in the company's dividend policy.
Invesco, the manager of about $US741 billion of assets, is buying large miners' bonds as the industry cuts costs and shareholder payouts.
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