Market News

Small U.K. Banks Show Big Rivals How To Travel Light

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Picture a life without the baggage of the past. In the U.K., smaller banks are showing established rivals how that could be.

Puerto Rico's Power Authority Reaches Deal With Bondholders

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Puerto Rico’s power authority said Wednesday that it agreed to the terms of a restructuring plan with a group of bondholders, who are slated to receive 85% of the value of their existing bonds.

China's Car Slowdown Punishes Dealers

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Even if China’s car market improves, auto makers will leave little for the dealers, such as Hong Kong-listed Zhongsheng Group.

Global Stocks Try to Regain Footing

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Global stock markets rebounded slightly though investors remained cautious amid lasting concerns over China’s economy.

Investors Betting on More ECB Stimulus

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Six months after the European Central Bank launched its blockbuster bond-buying program to rouse the region’s economy, some investors are betting that authorities will crank stimulus efforts even higher.

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