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Asian Stocks Slip on Yen Gains as Corn Climbs With Rupiah

08-07-2014 11:13:11

Asian stocks fell, with the regional index slipping from a six-year high, as the yen extended gains amid speculation over the outlook for U.S. interest rates. Corn futures rose from the lowest since 2010, while Indonesia’s rupiah rallied.

American Apparel Investor Said to Weigh Paying Off Loan

07-07-2014 14:50:50

American Apparel Inc. (APP)’s largest investor, Standard General LP, is considering paying off a $10 million loan for the retailer to help it avoid deeper legal disputes, according to a person familiar with the situation.

Bond Anxiety in $1.6 Trillion Repo Market as Failures Soar

07-07-2014 14:10:32

In the relative calm that is the market for U.S. Treasuries, a sense of unease over a vital cog in the financial system’s plumbing is beginning to rise.The Federal Reserve’s bond purchases combined with demand from banks to meet tightened regulatory requirements is making it harder for traders to easily borrow and lend certain desired securities in the $1.6 trillion-a-day market for repurchase agreements. That’s causing such trades to go uncompleted at some of the highest rates since the financial crisis.

Ukraine Chases Rebels From Strongholds as Showdown Looms

07-07-2014 14:08:12

Ukraine’s army turned the tide against pro-Russian insurgents with its biggest victories of a three-month campaign, sending the rebels fleeing to the eastern strongholds where they have vowed to make a stand.