IBT Staff Reporter

12481-12510 (out of 154954)

Japan Banks Target Growth In Cooling U.S. High-yield Debt Market

When Japan's biggest banks helped finance a $34 billion deal last year for medical supply maker Medline, one of the largest leveraged buyouts since the financial crisis, the famously cautious lenders signalled their ambitions in riskier, and more lucrative, low-grade U.S.

Dollar Stands Tall As Fed Eyes Fast Hikes

The dollar rose broadly on Friday as higher U.S. yields hoisted it towards a seventh consecutive weekly gain on the yen and to multi-week highs against the Australian and New Zealand dollars.

U.S. Dollar Hits More Than 2-year High On Aggressive Fed Hike Outlook

The dollar surged to a more than two-year high on Friday, continuing to draw support from Federal Reserve Chair Jerome Powell's comments on Thursday that seemed to back a half a percentage point tightening at next month's policy meeting, as well as his remarks on a likely consecutive rate hikes this year.

Honduran Congress Unanimously Nixes Special Economic Zones

Honduras' Congress unanimously repealed a law overnight which allowed for the creation of special economic zones exempt from some national laws and taxes throughout the country, known as Zones for Employment and Economic Development (ZEDEs).

Brazil's Bolsonaro Pardons Political Ally, Snubbing Supreme Court

Brazilian President Jair Bolsonaro said on Thursday that he would pardon an allied federal congressman who was sentenced to nearly nine years in prison by the Supreme Court, a move likely to heighten tensions between the nation's executive and judiciary during an election year.

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