Latest Government securities News

EXPLAINER: Can Ukraine pay for war without wrecking economy?

Dec. 03, 2022 02:26 AM EST

FRANKFURT, Germany (AP) — Even as Ukraine celebrates recent battlefield victories, its government faces a looming challenge on the financial front: how to pay the enormous cost of the war effort without triggering out-of-control price spikes for ordinary people or piling up debt that could hamper...

Japan OKs $216B extra budget to counter impact of inflation

Dec. 02, 2022 06:24 AM EST

TOKYO (AP) — Japan’s parliament approved a hefty 29 trillion yen ($216 billion) supplementary budget Friday aimed at countering the blow to household finances from rising food and utility costs and the weaker yen. It is the second batch of supplementary spending this year to...

How major US stock indexes fared Thursday 12/1/2022

Dec. 01, 2022 16:34 PM EST

Stocks ended mixed after an uneven day of trading and bond yields fell broadly after the government reported that a measure of inflation that’s closely watched by the Federal Reserve eased in October. The S&P 500 ended 0.1% lower Thursday. The benchmark index is coming off its...

El Salvador to repurchase more of its debt

Nov. 29, 2022 19:41 PM EST

SAN SALVADOR, El Salvador (AP) — El Salvador’s government announced Tuesday that it will make a second buyback of its sovereign debt bonds maturing in 2023 and 2025 as it tries to calm market concerns that it could default on its debt. The government set the maximum for the...

Japan says repayment of TEPCO Fukushima cleanup delayed

Nov. 08, 2022 03:12 AM EST

TOKYO (AP) — Repayment of the more than 10 trillion yen ($68 billion) government funding for cleanup and compensation for the Fukushima Daiichi nuclear plant disaster has been delayed, the Japanese government says. The Board of Audit said in a report released Monday that the delay...

Inflation hits new record in Europe, slowing economy

Oct. 31, 2022 07:45 AM EDT

FRANKFURT, Germany (AP) — Inflation hit a new record in the 19 countries that use the euro currency, fueled by out-of-control prices for natural gas and electricity due to Russia's war in Ukraine. Economic growth also slowed ahead of what economists fear is a looming recession, largely as a...

Canada sanctions more Russians, offers bonds for Ukraine

Oct. 28, 2022 13:27 PM EDT

WINNIPEG, Manitoba (AP) — Canada's government announced Friday it is imposing sanctions on 35 more Russians in response to that country’s invasion of Ukraine and issuing bonds that individuals can purchase to support the Ukrainian government. Prime Minister Justin Trudeau said...

Japan Cabinet OKs $200B spending plan to counter inflation

Oct. 28, 2022 11:47 AM EDT

TOKYO (AP) — Japan’s Cabinet approved Friday a hefty economic package including 29 trillion yen ($200 billion) in government spending to counter the blow to household budgets from inflation, signaling that the greater concern of its policymakers is that the economy will stall, not overheat. ...

EXPLAINER: How will we know if the U.S. is in recession?

Oct. 27, 2022 15:08 PM EDT

WASHINGTON (AP) — The U.S. economy grew faster than expected in the July-September quarter, the government reported Thursday, underscoring that the United States is not in a recession despite distressingly high inflation and interest rate hikes by the Federal Reserve. But the...

Europe sees fastest pace of rate hikes since euro launched

Oct. 27, 2022 12:13 PM EDT

FRANKFURT, Germany (AP) — The European Central Bank piled on another outsized interest rate hike aimed at squelching out-of-control inflation, increasing rates at the fastest pace in the euro currency’s history and underscoring the bank's determination to control prices despite the threat of...