Kimehra Govindasamy

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The Greek debt crisis turned these European stocks into even better buys

Greece’s dance with default and economic depression, highlighted by its failure Tuesday to make a scheduled payment to international creditors, has …


Belgium adopts law against 'vulture funds'

Under the new law, approved overwhelmingly by the country's main political parties, if a Belgian judge determines a fund is acting as a "vulture," then it cannot claim more than the discounted price paid for the bonds, rather than their face value.<p>The move comes after Belgium was dragged into a …


Moody's further downgrades Puerto Rico's bonds

Moody's Investors Service on Wednesday cut Puerto Rico's ratings one notch further into junk territory, citing the commonwealth's declaration that it …


Greece in limbo: Shuttered banks keep lifeline

Greece braced for more chaos on the streets outside its mostly shuttered banks Thursday, as Athens and its creditors halted talks on resolving the country's deepening financial crisis until a referendum this weekend.<p>Banks have been closed all week to prevent a crash from mass money withdrawals, …