Billionaire Anil Ambani Taps Chinese Loans After Stock Plunge

Indian billionaire Anil Ambani is tapping Chinese lenders for a second time in less than a year after a decline in the value of his flagship company left him with almost $1 billion of convertible bonds to repay by March.

China's growth ebbs in final quarter of 2011

China's economic growth slowed in the final quarter of 2011 to its lowest rate in 2 1/2 years as U.S. and European demand plunged and Beijing fought inflation.

The economic week ahead: Decisions, decisions

With a full economic calendar this week, Matt Quigley gives the guide to the data, events and decisions likely to move the markets.

Treasury Yields Drop to Year Low as European Crisis Intensifies

Treasuries rose, pushing yields to the lowest levels this year, as France was stripped of its top credit rating and talks to restructure Greek’s debt stalled, boosting demand for the safety of U.S. government debt.

Credit ratings cut for eurozone nations

Standard & Poor's has swept the debt-ridden European continent with punishing credit downgrades.

Japan Builders Tout Quake-resistant Features

Ken Saishoji, a 46-year-old Tokyo real-estate agent, used to answer questions from potential apartment buyers about the proximity to train stations and prices. After the March 11 earthquake, that changed.

Fed confirms strong finish to 2011

WASHINGTON The final weeks of 2011 were the economy's strongest since it appeared to be slipping toward recession in late spring.

MARKET CLOSE: NZ shares fall; Fletcher drops

Jan. 9 – New Zealand shares fell, with the biggest company on the bourse Fletcher Building sinking to a 2 1/2-year low on speculation further delays to the rebuild of Christchurch may force it to lower earnings guidance.

Bond Traders Diverge From Bearish Economists on Treasuries

Economists, emboldened by gains in everything from U.S. manufacturing to consumer confidence and jobs, are advising clients to get out of Treasuries. Traders aren’t so eager to give them up.

Here’s how to have a happy financial New Year

Every New Year brings resolutions to be a better manager of your money. The key to turning resolutions into reality is ensuring that your financial goals reflect what you really want. You also must be willing to change your ways.