Japanese stocks rallied to lead Asian markets higher Monday, tracking a positive global lead after U.S. indexes notched another record finish on Friday, although South Korean shares underperformed, weighed by geopolitical concerns.
With the world's biggest central banks driving yields on safe assets to near zero, some investors are tossing caution to the wind and rushing to buy illiquid and previously overlooked bonds sold by countries with no capital markets track record.
An Italian financial expert has urged European investors to buy sovereign bonds issued by Bulgaria , claiming they are safer even than Germany's and Japan's. "True, the yield on ten-year Bulgarian government debt used to stand at about 5% a year ago, while now it has a yield a bit over 3%. Still, paradoxically, I believe that Bulgaria 's ten-year ... (more)
Public pension plans in Michigan - hammered by stock market declines in the poor economy and mismanagement in some cases - are now seeing their investment portfolios growing at the best rate in years.
Arkansas Treasurer Martha Shoffner has been arrested for extortion by the Federal Bureau of Investigation and is being held in Pulaski County Jail, the Associated Press reported Saturday.
Turkish bonds surged and the lira touched an 11-month low after a bigger-than-forecast cut to interest rates preceded a decision by Moody's Investors Service to raise the nation's credit rating to investment grade.
When it comes to dividend-paying stocks, bigger isn't always better. Oftentimes, dividend investors excitedly uncover a company that pays a huge dividend, only to find it soon slashed.
