Bankrupt Brazilian Utility Rewards Stock Traders With 316% Gain
Veteran investor Nelson Tanure is betting that Light SA, a Brazilian utility that filed for bankruptcy protection, will
2023-08-01 01:19
Argentina’s IMF Deal Is Just One Hurdle to Massa’s Presidential Bid
After months of negotiations with the International Monetary Fund, Sergio Massa pulled off a debt-defying deal that will
2023-08-01 00:51
Mexico Economic Growth Tops Forecasts on Services and Exports
Mexico’s economy grew more than expected in the second quarter as private consumption remains robust and the country
2023-07-31 22:15
Dawn of Interest-Rate Pivots Unlocks Risk in EM’s Standout Trade
One of the year’s top fixed-income trades is facing a critical juncture in Latin America as bond investors
2023-07-30 20:22
Colombia Arrests President Petro’s Son for Money Laundering
The son of Colombian president Gustavo Petro was arrested on Saturday morning on accusations of money laundering and
2023-07-29 23:16
Chile Delivers Jumbo Interest Rate Cut as Latin America Pivots to Easing Cycle
Chile’s central bank slashed its key interest rate by a larger-than-expected 100 basis points, spearheading Latin America’s shift
2023-07-29 09:54
IMF to Loan Argentina as Much as $10.8 Billion This Year
The International Monetary Fund will give Argentina as much as $10.8 billion in loans for the rest of
2023-07-29 08:24
AMLO Props Up Pemex Bulls as Bonds Soar After $4 Billion Bailout
Bonds from Mexican state-owned Petroleos Mexicanos jumped Friday, posting one of the best performances in emerging markets, after
2023-07-29 02:57
Petro Says Colombia to Comply With Fiscal Rule Despite Jump in Debt
Colombia will manage to comply with fiscal rule targets even as the government’s debt load is expected to
2023-07-29 00:53
EM Currency Rally Pauses as Bank of Japan Tests Carry Trade
A gauge of developing nation currencies dropped for the first time this week as a hawkish tweak to
2023-07-28 20:49
Exxon Profit Misses Estimates as Natural Gas, Refining Falter
Exxon Mobil Corp. fell short of analysts’ expectations with a third straight drop in profit — the longest
2023-07-28 18:54
Global Bond Losses Grow as Japan Loosens Yield-Control Policy
Global bonds took another leg lower after the Bank of Japan signaled it will allow yields to climb
2023-07-28 14:54