Global/Emerging Markets

• China Says Financial System Must Better Serve the Economy

  By Xin Zhou, Bloomberg  |  June 19, 2013

  As China's borrowing costs rise, leadership indicates intent to push forward with reforms rather than stimulus.

• Pound Too Strong

  By Lukanyo Mnyanda and Anchalee Worrachate, Bloomberg  |  June 19, 2013

  Analysts predict the pound will fall against the dollar as the Bank of England prepares for a new governor.

• Benchmark Rates in Question

  By Matthew Leising, Bloomberg  |  June 18, 2013

  Probe into rigging of Libor expands to other rates, spreads across Europe and to the U.S. and Singapore.

• Facing Down Bribery and Corruption Risk

  By Treasury & Risk Staff  |  June 17, 2013

  Bribery and corruption risks are on the upswing for many companies, but policies to combat the risks are not particularly effective.

• Failure to Communicate Boosts Government-Bond Yields

  By Simon Kennedy and Rich Miller, Bloomberg  |  June 17, 2013

  Push to improve central-bank transparency results in airing of conflicting views and increased volatility in the U.S., Japan, and the EU.

• Currency Headwinds Blowing Strong

  By Treasury & Risk Staff  |  June 12, 2013

  Study finds currency fluctuations had negative impact on revenue for more than 25 percent of multinationals, with average 3-cent impact on EPS.

• Message from Congress on Cross-Border Swaps

  By Dave Michaels, Bloomberg  |  June 12, 2013

  Bill to limit the CFTC's cross-border authority faces U.S. House vote, but the Senate isn't expected to consider it.

• Formula One's in the Driver’s Seat on Interest Costs

  By Christine Idzelis, Bloomberg  |  June 11, 2013

  Racing company asks lenders to lower rate on $1.33 billion loan.

• German Top Court Expected to Extend ‘Yes, But’ Doctrine

  By Karin Matussek and Jeff Black, Bloomberg  |  June 10, 2013

  Germany's Federal Constitutional Court is reviewing European Central Bank programs to buy bonds from countries in crisis.

• Market Volatility on the Horizon?

  By Bloomberg News  |  June 6, 2013

  Jamie Dimon sees 'scary' world as interest rates return to normal.