Global/Emerging Markets

• Dollar Rallies, Jobless Claims at Lowest Level in Five Years

  By John Detrixhe and Joseph Ciolli, Bloomberg  |  May 9, 2013

  The 'market is changing its mind regarding U.S. data'—as the dollar makes gains against euro and yen.

• Apple Avoids $9.2 Bln in Taxes with Bond Deal

  By Peter Burrows, Bloomberg  |  May 3, 2013

  Company would have paid 35% tax to repatriate overseas cash.

• Euro-Area Economy Headed for 2-Year Slump

  By Rebecca Christie, Bloomberg  |  May 3, 2013

  EC lowers forecast; now predicts 0.4% decline in GDP in 2013.

• ECB Eyes Negative Deposit Rate

  By Matthew Brockett and Jana Randow, Bloomberg  |  May 2, 2013

  After the central bank cuts benchrate rate to record low, Draghi suggests that it could shift to charging banks for overnight deposits.

• SEC Plan Gives Exemptions to Swap Dealers’ Overseas Branches

  By Silla Brush and Dave Michaels, Bloomberg  |  May 2, 2013

  U.S. regulators face pressure to limit the international reach of swaps rules.

• SEC Weighs Cross-Border Swap Rules

  By Dave Michaels and Silla Brush  |  May 1, 2013

  Regulators face calls to limit the rules’ international reach.

• Greek Legislators Approve Job Cuts

  By Natalie Weeks and Marcus Bensasson, Bloomberg  |  April 29, 2013

  Plan to fire 15,000 workers is part of Greece’s effort to secure more international aid.

• Europe Poised to Soften on Austerity

  By Patrick Donahue, Bloomberg  |  April 29, 2013

  New Italian government may unwind some budget measures.

• Euro-Dollar Trades Help UPS Cover TNT Breakup Fee

  By Mary Jane Credeur and John Detrixhe, Bloomberg  |  April 26, 2013

  Profit on trades related to proposed purchase offset the fee UPS paid when regulators blocked the deal.

• Libor Must Shift to Market-Pricing System, Say U.S. Regulators

  By Silla Brush, Bloomberg  |  April 26, 2013

  FSOC says benchmark rates should be ‘anchored in observable transactions.’