Pimco Says Indonesia May Win Investment Grade Rating (Update2) (Bloomberg)
More info…
Oct. 23 (Bloomberg) — Pacific Investment Management Co., which oversees $842 billion globally, said there is a good chance Indonesia will regain its investment grade debt rating in three to five years. Standard & Poors today raised the nations outlook to positive.
Georgia Looks to Middle East to Kick-Start Investment After War (Bloomberg)
Oct. 23 (Bloomberg) — Georgia is turning to the Middle East in a bid to revive foreign investment that slowed to a trickle this year as the Black Sea countrys economy struggled to recover from a war with Russia and the global slump.
Early Glance: Investment Banks companies (AP via Yahoo! Finance)
NEW YORK (AP) — Shares of some top investment banks companies are mixed at 10 a.m.: Goldman Sachs rose $1.10 or .6 percent, to $184.79. Morgan Stanley fell $.14 or .4 percent, to $35.60.
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