Asian stock markets were mostly higher Friday as exporters gained while the yen took a breather after strong gains recently. The Nikkei rose 0.6%.

British companies are beating the world in the bond market as investors bet Prime Minister David Cameron’s efforts to tame the budget deficit will preserve the U.K.’s top credit rating.

Basis Capital, an Australian hedge fund suing Goldman Sachs Group Inc. for $1 billion for losses related to credit default swaps, made the deal in Australia and can’t sue in the U.S., Goldman Sachs said.

You can still get credit if your finances are a mess. It will just cost dearly. A sweeping credit card law that took effect yesterday is supposed to prevent banks from employing tactics that push borrowers deeper into debt. Yet loans and cards with crushing terms still beckon.

Consumers need to navigate the darker side of credit card reform.

Credit card interest rates soared in the second quarter to a nine-year spike, according to the market research company Synovate.

NEW YORK--(BUSINESS WIRE)--Renewed unrest among telecoms and sovereigns have driven global credit default swap (CDS) spreads 3% wider, according to Fitch Solutions in its latest Risk and Performance Monitor (RPM). Telecommunications companies widened 5.3% and are now trading 8.2% wide of historical levels. 'There is clearly a persistent negative bias toward telecoms, which may prefigure an ...

Asian stock markets closed higher Thursday. In Tokyo, tech plays and automakers drove the market higher, pushing the Nikkei up 1.5%

The cost of insuring against losses on European corporate bonds fell, according to traders of credit-default swaps.

Robert Siravo and Thomas Swedberg are accused of adding millions of dollars to retirement payouts for themselves and other top brass. They and 14 others are also accused of breach of duty. A federal agency is accusing two former executives of a giant failed credit union in Los Angeles County of fraud for their roles in adding millions of dollars to retirement payouts for themselves and other top ...

Ambac Financial Group will cover the $3.29 million bond payment that Pennsylvania’s capital city said it plans to skip on Sept. 15, according to a company spokesman.

European Union regulators would be able to ban abusive short selling of shares and naked selling of credit default swaps and sovereign debt for three months or more under a draft EU law seen by Reuters on Wednesday.