News

New benchmark of 1.5% aimed at fighting inflation.

President argues for long-term solution for government's finances.

Third hike this year as Chinese inflation hits fastest pace since 2008.

Downgrade of Portugal kills revival in corporate issuance.

FASB's dropping fair-value model eased convergence process, Hoogervorst says.

Rollover would trigger default, S&P says, but it might be temporary.