S&P slashes credit rating of 103 US corporates

S&P cut the corporate credit rating of 103 US corporate issuers in the June quarter citing weaker credit metrics following...

Global investors: Massively overweight shares versus bonds

Despite strong bond issuance, the market value of the global bond market has dropped this year as the rise in bond yields and...

China’s currency options: Intervention or benign neglect

Beijing has a number of options to consider with regard to the weakness in its currency but will likely follow a policy of benign...

Banks struggle with high structural funding costs

Morgan Stanley’s Richard Wiles continues to push the view that rising regulatory scrutiny will limit the big four banks'...

ASIC tells retail OTC brokers to lift their game

Australia’s corporate watchdog has warned brokers dealing in foreign exchange, contracts for difference and binary options to...

BIS warns asset managers are a threat

Claudio Borio, one of the world’s most senior central banking officials, said the tough new rules that the banks are forced to...

Liquidity dries up as markets enter next phase

Suddenly, markets are worried about liquidity again.

It’s been a while since markets saw a liquidity fright. In August...