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Asian companies and sovereigns sold no dollar-denominated bonds last week for the first time since January after yields surged on the deepening debt crisis in Europe and slowing industrial output in China.
China Petrochemical Corp., the refiner known as Sinopec Group, sold the last securities in the U.S. currency on May 10, before the slowest […]

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Financial markets are becoming unhooked from economic fundamentals, officials warned in Japan and South Korea, as policy makers monitor the dangers posed by any Greek exit from the euro region.

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President Bill Clinton on Tuesday said those running for office should make reaching a debt deal the top campaign issue in the fall’s elections.
"I think this budget issue should become front and center in this election, Clinton said on Tuesday at a fiscal summit sponsored by the Peter G. Peterson Foundation.

"As soon as this […]

Enterprise Financial Corp. said its first-quarter profit rose 50 percent, to $6.2 million, or 31 cents per share, compared with $4.1 million, or 23 cents per share, in the corresponding period of 2011. Clayton-based Enterprise Financial, the holding company for Enterprise Bank & Trust, said non-performing loans totaled $47 no fax payday loans.2 million, or […]

Shanghai and Beijing, the two cities with Asia

Chesapeake Energy’s CEO is about to lose a controversial perk that allowed him to take personal stakes in wells drilled by the company.
Chesapeake’s board said Thursday Aubrey McClendon agreed to negotiate an early termination of the program, which was overwhelmingly approved by shareholders in 2005 for a 10-year term.

The board is also reviewing […]

Tired of waits to fill orders and lack of control over his Asian factories, Pierrick Haan, chief executive officer of Dupont Medical, decided last year to return production of some wheelchairs and medical equipment to France.
The 150-year-old Dupont Medical created 20 jobs making custom devices at a plant in central France — and will […]

The long legal saga of Francine Katz took another small step forward Wednesday.
Lawyers for Katz and Anheuser-Busch - which Katz sued in 2009 claiming gender discrimination - wrangled in a St. Louis courtroom over how much information in the case will be deemed confidential.
In December, A-B asked Judge Joan Moriarty to grant a protective order […]

McKendree University has acquired the 18-hole Locust Hills Golf Course in Lebanon for $1.4 million, nearly doubling the size of the school’s campus. 
McKendree bought the public golf course for its future development needs but plans to keep the course open for now, the school said in a statement. The golf course is located at 1015 […]

Salvage work to remove the capsized Costa Concordia cruise ship from its rocky perch off Tuscany, where 32 people died, will begin early next month and is expected to take a year, the Italian owner announced Saturday.
The U.S.-owned company Titan Salvage won the bid to remove the ship, which struck a reef off the tourist-dependent […]