SIA Raises Funds; Pemex, South Africa, Oman Downgraded

At the time of this writing, Asian equity markets were lower with Topix down 4%, Nikkei down 3.65%, Kospi down 2.35%, Hang Seng down 1.6% and Shanghai composite down 1.37%. US markets were down 1%-2% on Friday and US futures are opening down around 1% this morning. US...

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SoftBank Downgraded; Ford Becomes Junk

The US stock market saw its first consecutive daily gain after more than a month. This syncs up well with the first new bond issue in Asia that has also come after a month. Markets are upbeat as the US Congress closes in for a fiscal stimulus plan to alleviate the...

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