Markets am: Stocks rally on hopes for US budget deal, HK exchang...

 
 
To view this email as a webpage, click here
 
 
Thursday October 10 2013
 
 
Markets
 
Stocks rally on hopes for US budget deal
 
Nascent optimism over a budget deal in Washington boosts US and European equities and bolsters the dollar.
 
 
 
HK exchange prepares for US bond default
 
The possibility of a US default on short-term Treasury bonds has prompted Hong Kong's exchange to implement extra financial buffers
 
 
Repo market plans for possible US default
 
Money market lenders are asking banks to exclude the more vulnerable shorter-term T-bills from repo deals
 
 
Sinopec raises €550m from euro bond sale
 
Sinopec becomes the second state-owned group to raise money in the euro bond market, as the country seeks to lower its reliance on the dollar
 
 
Meredith Whitney to launch hedge fund
 
Meredith Whitney Securities, launched in 2009 amid high expectations, requested deregistration by Financial Industry Regulatory Authority in August
 
 
Massachusetts probes Puerto Rico bonds
 
Inquiry aims to determine whether investors in the US state were 'adequately made aware of the risks associated with the securities'
 
 
Advertisement1
 
 
Video
 
Malala tipped to win Nobel Peace Prize
 

The Pakistani girl who stood up to the Taliban and who was shot on her way home from school as a result is the favorite to win the Nobel Peace Prize. She has also spoken at the UN, met world leaders and written a book. But while she is being lauded in the West for her bravery, some in Pakistan are less impressed.

 
 
 
 
 
Manage email
  
Forward this email
 
Feedback
  
Manage portfolio
 
Subscribe to the FT
 
Follow the FT
twitter facebook google plus linkedin
 
Unsubscribe | My Account | RSS | Privacy Policy | About Us | Help
 
You have received this email because you have signed up from the NBE preference page.
This email was sent by a company owned by Pearson plc, registered office at 80 Strand, London WC2R 0RL.
Registered in England and Wales with company number 53723.