| The 2010 Outlook for Big Pharma Stocks (Morningstar.com) Reform or no reform, the pharmaceutical industry is well-positioned. us.rd.yahoo.com |
The express route to China (at FT.com) China is the most seductive growth story of our age. The most populous nation on earth has already transformed itself into an economic superpower and shows no signs of stopping. Even as the worst slump since the 1930s struck the world in 2009, China kept expanding at a rate that others could only dream of. us.rd.yahoo.com |
Moody's puts American Capital on downgrade review (AP) Moody's Investors Service on Friday put American Capital Ltd.'s rating under review for a possible downgrade, saying there's a growing possibility the private equity firm will file for Chapter 11 bankruptcy. us.rd.yahoo.com |
Morgan Stanley takes subprime hit (at Fortune) Morgan Stanley is coughing up $102 million to settle charges it helped a notorious subprime mortgage lender gouge borrowers in Massachusetts. The state's attorney general, Martha Coakley, said Morgan Stanley would provide $58 million in principal reduction and other payments to aggrieved subprime borrowers. us.rd.yahoo.com |
Japan illustrates conundrum of deflation [at Financial Times] - Last year, the Bank of Japan surveyed its population about attitudes towards deflation. You might have thought this would paint a picture of pain, if not panic. After all, during most of the past decade, as Japanese prices gently drifted down, Western economists and policymakers have recoiled in horror; "deflation" has been a dirty word. us.rd.yahoo.com |