Borrowers

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European stocks edge ahead as investors await data

Thursday, March 17th, 2011

Europe’s leading stock markets nudged higher on Wednesday as traders awaited key US economic data and assessed the latest batch of company results.

U.S. dollar still rules, but debt level a risk: S&P

Thursday, March 17th, 2011

The U.S. dollar is still the most important world currency, Standard & Poor’s said on Thursday, but added that rising levels of U.S. debt and dependence on foreigners to finance much of pose risks to the currency’s primacy.

Credit card data hints at U.S. consumer rebound

Thursday, March 17th, 2011

Credit card delinquency rates improved at JPMorgan Chase & Co and a majority of others — a sign the lenders still face hurdles in the wake of the deep recession.

China pushes May meeting to ease strains with U.S.

Thursday, March 17th, 2011

A top-level dialogue between China and United States in May will be “very important” for defusing strains between the two big economies, Chinese Premier Wen Jiabao said on Monday.

UBS-US deal failure could lead to more tax evasion lawsuits

Thursday, March 17th, 2011

UBS and other Swiss banks could be hit by more tax evasion lawsuits if a landmark settlement between UBS and the United States falls through, Switzerland’s banking regulator warned Tuesday.

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