Global Business & Emerging Markets

Government moves to cap foreign investors' holdings of company debt and bank debentures.

Local governments are required to transfer cash balances to central bank, to support payment of IMF debt and salaries of government workers.

U.S. Treasury Secretary encourages Greece and creditors to reach a compromise to avoid exit from Eurozone.

American-made collateralized loan obligations now being served in yield-starved Japan.

Japan just replaced China as the foreign holder of the most U.S. government securities.

News that Greece made 450 million euro payment to IMF lifts stock market.