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Mexico's new Finance Minister Carlos Urzua talks as he presents the 2019...

'Positive surprise': Investors soothed by Mexico budget

The first budget presented by Mexico's new leftist government met with a positive initial response from financial markets on Sunday with banks describing the plans to keep a lid on spending as credible and helpful to investor sentiment.

Mexico not planning to improve airport bond offer: ministry

Mexico does not plan to improve a Dec. 11 offer to repurchase bonds issued to fund a partly-built airport that the president is cancelling, the finance ministry said on Sunday, rejecting the complaints of a group of investors seeking a better deal.

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