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Argentina planning $15 billion bond sale in market return

  Bloomberg Argentina plans to sell as much as $15 billion of bonds in its return to global bond markets after more than a decade of isolation, setting the stage for the biggest emerging-market sovereign sale since at least 1999. The nation reduced the yields it was initially offering investors after surveying potential buyers about their interest in the sale. ...

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Peru keeps 4.25 pc rate as inflation retreats amid sol’s rally

  Bloomberg Peru kept borrowing costs unchanged for a second month as slowing inflation and a rally in the sol give policy makers more time to gauge the impact of earlier rate increases. The central bank board, led by bank President Julio Velarde, maintained the key rate at 4.25 percent, matching the forecasts of 11 of 14 economists surveyed by ...

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No money from Brazil means no work by Keppel

  Bloomberg Keppel Corp., the world’s largest builder of oil rigs, said it won’t resume work for a key Brazilian client until the customer restarts making payments on its orders. Sete Brasil Participacoes SA, embroiled in a corruption probe known in Brazil as Lava Jato and debating whether it should file for bankruptcy, stopped paying Keppel last year on its ...

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