Global/Emerging Markets

• 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.’

• Microsoft Debuts Euro Bond

  By Katie Linsell, Bloomberg  |  April 25, 2013

  LVMH, Nestle also issue euro-denominated bonds to take advantage of record-low rates

• Chinese Yuan Jumps to 19-Year High

  By Fion Li, Bloomberg  |  April 25, 2013

  Central bank sets record reference rate amid growing use of the currency.

• ISDA Rolls Out Standardized Interest-Rate Swap Contract

  By Mary Childs, Bloomberg  |  April 24, 2013

  Group seeks to standardize OTC market in the wake of Dodd-Frank.

• Gensler Expresses Renewed Doubt Over Libor Integrity

  By Liam Vaughan, Bloomberg  |  April 23, 2013

  Libor and similar benchmarks ‘unsustainable in the long run,' CFTC head says.