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Swaps Show Developing Nations Gaining on G-7: Credit Markets

Credit-default swaps on bonds sold by Brazil, Russia, India and China are closing in on those tied to the world’s largest economies, which are piling on debt in an attempt to stoke growth.

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Swaps Show Developing Nations Gaining on G-7: Credit Markets

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Air Canada Forgoes Buying Planes to Cut Debt as Bonds Gain: Canada Credit

Air Canada is forgoing replacing aircraft as it tries to repay almost C$1 billion ($976 million) of debt in the next two years while Canada’s corporate bond market begins to outperform the rest of the world.

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Air Canada Forgoes Buying Planes to Cut Debt as Bonds Gain: Canada Credit

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Franken moves to curb abusive debt collection

The senator seeks to increase and improve protections for consumers who owe money.

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Franken moves to curb abusive debt collection

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Credit card outage hits Wal-Mart

A Wal-Mart Stores data system failure left shoppers unable to use some credit and debit cards on Thursday, a spokesman for the world’s largest retailer said.

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Credit card outage hits Wal-Mart

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Microsoft sells debt at record U.S. low rate

Microsoft Corp on Wednesday sold $4.75 billion in new debt, some of it at the lowest U.S. corporate borrowing rate on record, as the world’s largest software company takes advantage of low interest rates to raise cash.

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Microsoft sells debt at record U.S. low rate

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Debt deal brings positive results

DUBAI – UNITED Arab Emirates stock markets rose Monday, after Dubai World announced a debt restructuring deal with creditor banks that analysts say is positive although uncertainty over Dubai’s debt remains. Dubai World announced on Friday that 99 per cent of its creditor banks have agreed to its proposal to restructure some 24.9 billion dollars of debt. The Dubai Financial Market rose 2.43 per …

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Debt deal brings positive results

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Dubai World Debt Accord Is `Credit Positive’ for U.A.E Banks, Moody’s Says

Dubai World’s approval from creditors to alter the terms on $24.9 billion of debt is “credit positive” for banks in the United Arab Emirates, according to Moody’s Investors Service.

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Dubai World Debt Accord Is `Credit Positive’ for U.A.E Banks, Moody’s Says

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Emerging-Market Credit-Linked Note Sales Boosted as Investors Seek Yield

Investors are seeking higher returns from credit-linked notes tied to the debt of some of the world’s lowest-rated countries.

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Emerging-Market Credit-Linked Note Sales Boosted as Investors Seek Yield

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Finally, credit where credit is due

WALKING into an electronics store in the West usually means bombardment by interest-free credit signs on the latest televisions, computers and other home appliances.

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Finally, credit where credit is due

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HarborOne Credit Union MultiCultural Banking Center Hosts International Guests

Around 20 credit union officials fro m Brazil accompanied by two staff members of the World Council of Credit Unions Inc. recently visited HarborOne Credit Union’s MultiCultural Banking Center in downtown Brockton.

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HarborOne Credit Union MultiCultural Banking Center Hosts International Guests

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