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Global Deals Review: Q4 2009

Two men shakes hands in this file photo. REUTERS/Files

Hot sectors in a tepid recovery

The energy, finance, technology and healthcare industries are expected to be the hottest areas for dealmaking in 2010.   Full Article | Full Coverage 

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Ecuador debt prices plunge after default declared

Fri Dec 12, 2008 2:30pm EST

NEW YORK, Dec 12 (Reuters) - Ecuador's sovereign dollar-denominated Global 2012 bond fell more on Friday after President Rafael Correa said the government would not pay a $31 million coupon payment on its debt, declaring default.

Bonds

The 2012 bond ECUGLB12=RR were bid 10.25 points lower at 25.313, driving the yield up to 90.643 percent. The bonds were bid down 4.25 points in price prior to the announcement. (Reporting by Daniel Bases, Editing by Chizu Nomiyama)

Bonds


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Plot exposes fissure in U.S. intelligence community

WASHINGTON (Reuters) - Last week's failed plot to bomb a U.S. passenger jet has exposed lingering fissures within the U.S. intelligence community, which had information from interviews and clandestine intercepts but did not put the pieces together, officials said.

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Floor traders work at the Hong Kong Stocks Exchange, January 16, 2008. REUTERS/Bobby Yip

My way or the highway?

Hong Kong is poised to accept Beijing's accounting standards. That's good. The system, though, is prone to scandal. That's bad.  Full Article 

Global Markets
People walk past a branch of Bank of America in New York's financial district April 28, 2009. REUTERS/Brendan McDermid
Rolfe Winkler:

Move your money

Boycotting "too big to fail" banks is a great idea -- so long as investors remember that banks aren't the only ones responsible for the crisis.  Full Article 

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