Argentina has until late Wednesday to either pay out or reach a deal with the hedge funds that are suing for full payment on their bonds to avert a second default in little over a decade in Latin America's No. 3 economy.
BRASILIA/ SAO PAULO, July 23- Brazil's Treasury on Wednesday sold $3.5 billion worth of a new 30- year global bond, while offering to buy back shorter-dated maturities that had been issued under costlier terms.
BRASILIA/ SAO PAULO, July 23- Brazil's Treasury launched $1 billion worth of a new 30- year benchmark global bond on Wednesday and offered to buy back costlier, shorter-dated maturities as it seeks to take advantage of a growing appetite for Brazilian assets.
SAO PAULO/ BRASILIA, July 23- Brazil's Treasury is offering on Wednesday a new 30- year global bond and buying back as many as eight shorter-dated issues, in a bid to take advantage of growing appetite for Brazilian assets and improve the country's dollar-denominated yield curve.
LONDON, July 23- Emerging equities hit new 17- month highs on Wednesday, buoyed by strong post-election gains in Indonesia and a rise in Russian stocks after a conciliatory tone from the Kremlin over the downed Malaysian Airlines jet.
BRASILIA, July 21- Brazilian President Dilma Rousseff until recently appeared to be cruising toward re-election in October but she now finds herself in a tight race as an already sluggish economy takes a turn for the worse. Frustration in Brazil's biggest cities is also mounting.
SAO PAULO— Brazil's president has met with the head of the European Commission to discuss ways to potentially increase trade between Europe and South America.
BRASILIA, July 18- The market is getting ahead of itself if it thinks Brazil's central bank could start cutting interest rates again to rescue a weakening economy, a member of the government's economic team told Reuters.
The eruption of conflict earlier this year over Ukraine's borders and subsequent economic sanctions against Russia has caused a sharp drop-off in corporate debt issuance from Eastern Europe, including Russia, and massive capital flight from that country.
BRASILIA, July 17- China expanded its trade partnership with Brazil on Thursday with $7.5 billion in financing for Brazilian miner Vale, the purchase of 60 passenger jets from planemaker Embraer and renewed commitment to invest in infrastructure.
BRASILIA, July 17- Brazilian aircraft maker Embraer agreed to sell up to 60 commercial passenger jets to China and mining company Vale received two new credit lines from Beijing, as the presidents of the two countries signed agreements to deepen commercial ties.
BRASILIA, July 17- China and Brazil sealed their expanding commercial partnership on Thursday with a $5 billion credit line for Brazilian miner Vale and the purchase of 60 passenger jets from Brazilian planemaker Embraer.
BRASILIA, July 17- Brazil's Embraer SA agreed to sell 60 E-190 commercial passenger jets to China as part of a raft of deals signed by the presidents of the two countries to deepen commercial ties, the Brazilian government said on Thursday.
BRASILIA, July 17- Brazilian planemaker Embraer SA will sign a deal on Thursday to sell 60 E-190 commercial passenger jets to two Chinese airlines, two diplomatic sources told Reuters, asking not to be named because the deal had not been formalized.
BRASILIA, July 16- Brazil held interest rates unchanged for a second straight time on Wednesday but did not commit to keeping them stable for long as inflation remains high in Latin America's top economy.
BRASILIA, July 16- Brazil hopes that during a visit by Chinese President Xi Jinping it can boost ties with its biggest trade partner beyond the exchange of commodities for manufactured goods, but that may be wishful thinking.
FORTALEZA, Brazil, July 15- Leaders of the BRICS emerging market nations launched a $100- billion development bank and a currency reserve pool on Tuesday in their first concrete step toward reshaping the Western-dominated international financial system.
FORTALEZA, Brazil, July 15- The new development bank of the group of BRICS countries will be headquartered in Shanghai, China, with the presidency initially held by India, Brazilian president Dilma Rousseff said on Tuesday.
The BRICS group consists of Brazil, Russia, India, China and South Africa.
RIO DE JANEIRO, July 15- Brazil's sluggish economy faces substantial risk of falling into a light recession in 2014, and may already have done so, providing opposition candidates with extra ammunition in the run-up to October's presidential election.