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Traders work on the floor of the New York Stock Exchange June 30, 2010. (Xinhua/Reuters Photo) NEW YORK, June 30 (Xinhua) — Wall Street ended first half of the year on bitter note on Wednesday, with all three major indexes closing at new 2010 lows, as a late-session sell-off erased all earlier gains in the [...]

RIO DE JANEIRO, June 28 (Xinhua) — World-renowned credit rating agency Fitch Ratings announced on Monday the confirmation of Brazil’s investment grade. Fitch stated that Brazil’s Issuer Default Rating will be maintained at the BBB- level, the lowest investment grade granted by the agency. The country ceiling will remain at the BBB level, and the [...]

AGRICULTURAL Bank of China could net a maximum US$23.1 billion in its dual-listing, based on its A-share price range announced yesterday. That could make it the world’s largest initial public offering with its dual-listing in Shanghai and Hong Kong. The third biggest bank in China by assets priced its yuan-backed A-shares between 2.52 yuan (37 [...]