China and other governments have little choice but to keep buying U.S. Treasury debt to store swelling foreign reserves even after Washington's credit rating was cut by Standard & Poor's.
Asia To Keep Buying Us Debt Despite Downgrade
Joe McDonald, AP Business Writer, Boston Globe: Business
Tue, 08/09/2011 - 4:19am
RELATED ARTICLES
- Duang! Jackie Chan meme takes off on Chinese Internet
Thank Jackie Chan. The Internet has a new meme, and it rhymes (sort of) with “wrong.” It’s “duang!” More - Philippines mulls pullout of Syria peacekeepers
The Philippine foreign secretary says he is recommending to President Benigno Aquino III to pull out all Filipino U.N. peacekeepers from the Golan Heights following the abduction of four by Syrian rebels. More - Bangladesh Factory Collapse Death Toll Hits 1,034
Death toll from factory collapse in Bangladesh passes 1,000 as recovery operation continues. More - 8 die in clothing factory fire in Bangladesh as Rana Plaza toll passes 900
Eight people were killed when a fire swept through a clothing factory in Bangladesh, police and an industry association official said on Thursday, as the death toll from the collapse of another factory building two weeks ago climbed above 900. More - S&P cuts Egypt's credit ratings
Ratings agency Standard & Poor's has pushed Egypt's sovereign credit ratings deeper into junk status, citing "continued pressure" on foreign reserves. More
BING NEWS:
- Xerox to buy printer maker Lexmark from Asian investors in $1.5 bn deal
Lexmark, spun off in 1991 by International Business Machines Corp., is already a partner and supplier to Xerox ...
12/24/2024 - 5:01 am | View Link - DAZN Buys Australia’s Foxtel in $2.2 Billion Deal With News Corp and Telstra
Sports streaming company DAZN is buying Australia’s Foxtel Group from majority shareholder ... in full in cash at closing,” according to News Corp. Foxtel’s current debt will be refinanced at closing ...
12/22/2024 - 10:46 am | View Link - Small Japanese firms are going broke at rapid pace as labour shortage turns dire
In the first half of this year, 182 companies went under in the country which faces a deficit of 3.4 million workers by decade’s end.
12/19/2024 - 9:38 pm | View Link - More
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more