Greece readies debt swap under bailout deal
ATHENS - Greece's parliament will endorse a debt swap with private bondholders on Thursday to help reduce the country's debt and secure an international bailout, despite new protests against the tough terms of the deal.
Recent Business News
Liberty Global mulls bid for Ziggo: paper
AMSTERDAM - U.S. cable group Liberty Global is considering a bid for Dutch cable firm Ziggo, estimated to be worth 8 billion euros ($10.6 billion) and which is planning a stock listing, Dutch daily De Telegraaf reported on Thursday without citing sources.
Burned before, Fed officials cautious on rebound
WASHINGTON - U.S. central bank officials have good reason to be skeptical about the strength of the economy: excessive optimism has caught them flat-footed before.
U.S. wants more talks on Japan bid to join Pacific trade group
WASHINGTON - The United States said on Wednesday it was still considering whether to support Japan's bid to join talks on a trans-Pacific regional free trade agreement, three months after Tokyo announced interest in the negotiations.
Buffett's Berkshire muscles into Thai reinsurance
HONG KONG/BANGKOK - Warren Buffett's Berkshire Hathaway is pushing into the Thai reinsurance market and selling cover for higher rates, taking advantage of the retreat of competitors such as France's CCR after they suffered losses from last year's floods.
Fitch downgrades Greece on debt swap plan
ATHENS - Fitch cut Greece's long-term ratings on Wednesday to its lowest rating above a default, becoming the first ratings agency to make the widely expected downgrade after the country announced a bond exchange plan to ease its massive debt burden.
Markets
- U.S.
- Europe
- Asia
- Sectors
| DOW | 12,938.67 |  -27.02 |
-0.21% |
| S&P 500 | 1,357.66 | -4.55 |
-0.33% |
| NASDAQ | 2,933.17 | -15.40 |
-0.52% |
| TR US Index | 123.75 | -0.43 |
-0.34% |
Sector Summary
| Energy |  +0.08% |
| Basic Materials | +0.32% |
| Industrials | +0.11% |
| Cyclical Goods & Services | +0.15% |
| Non-Cyclical Goods & Services | -0.01% |
| Financials | +0.28% |
| Healthcare | +0.18% |
| Technology | +0.12% |
| Telecoms | -0.11% |
| Utilities | +0.05% |
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