Recent Posts

BOJ draws line in sand but faces battle to cap bond yields

Bloomberg While the Bank of Japan (BOJ) faced down the market with its offer to buy an unlimited amount of bonds, the battle over yield control may have only just begun. The swift action allowed the BOJ to quickly assert authority over the 10-year yield, bringing it down from a five-month high of 0.105 percent. The question is how far ...

Read More »

Wal-Mart sells first yen bond in 7 years as fund costs fall

Bloomberg Wal-Mart Stores Inc. sold yen bonds for the first time in seven years, taking advantage of falling fundraising costs and Japanese demand for securities issued by well-known US firms. The US retailer offered 170 billion yen ($1.5 billion) of five-year, seven-year and 10-year notes, in its first yen issuance since selling 100 billion yen of debt in July 2010. ...

Read More »

Etihad Holidays expands in Saudi Arabia, Kuwait, Oman and Bahrain

Abu Dhabi / Emirates Business Etihad Holidays has launched operations in Saudi Arabia, Kuwait, Oman and Bahrain to provide a wide choice of package holiday options to travellers in the four countries. The move follows the successful introduction of Etihad Airways’ holiday division in the UAE, UK, Germany, India and North America. Launched in 2004, Etihad Holidays offers dynamically packaged ...

Read More »
Send this to a friend