. Space Industry and Business News .




.
POLITICAL ECONOMY
Foreign, China buys of US securities strong in April
by Staff Writers
Washington (AFP) June 15, 2011

Foreign demand for US securities remained strong in April despite worry about the country's debt level, with China buying more Treasury bonds for the first time since October, the Treasury said Wednesday.

Net foreign buying of US long-term securities -- incoming foreign investment less outgoing US investment in foreign debt -- rose by $30.6 billion in April.

Driving that was foreign government investment in US government debt while private investors pared their buys of debt while boosting holdings of US stocks.

China's closely watched purchases of US debt rose $7.6 billion to $1,152.5 billion, the first month-on-month rise since Beijing's holdings peaked at $1,175.3 billion in October and steadily dropped since, according to Treasury data.

China is by far the biggest foreign holder of US debt, and any shift in its demand has the potential to impact the US government's cost of borrowing.

Moreover, with US Republicans blocking an increase in the country's already maxed-out $14.29 trillion debt ceiling, bond investors are increasingly on edge as the country nears August 2, when the US government could be forced to default on its obligations without a ceiling hike.

Japan remained the second-largest foreign buyer of US debt, holding $906.9 billion at the end of April, down $1.0 billion from March, the data showed.




Related Links
The Economy

.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries






. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



POLITICAL ECONOMY
BoJ holds rates, expands growth-sector lending
Tokyo (AFP) June 14, 2011
The Bank of Japan on Tuesday said it would expand a programme of lending to companies in growth areas with a new $6 billion credit line to support the post-quake economy. The BoJ's policy panel voted unanimously after a two-day meeting to keep its key rate unchanged between zero and 0.1 percent, and expand last June's 3 trillion yen ($37.4 billion) lending facility to encourage banks to chan ... read more


POLITICAL ECONOMY
Three in China convicted for iPad design theft

New Sensor To Measure Structural Stresses Can Heal Itself When Broken

A flexible virtual system makes any reality possible

THAICOM 6 Satellite Project

POLITICAL ECONOMY
Indra To Supply Satellite Communications Systems To Brazil's MoD

Lockheed system proves its worth

Intelsat General To Support Armed Forces Radio And Television Service

Northrop Grumman Awarded Continuing Operation of Battlefield Airborne Communications Node Contract

POLITICAL ECONOMY
SES-3 Satellite Arrives At Baikonour Launch Base

Shipments Of Sea Launch Zenit-3Sl Hardware Resume On Schedule

US Army supports student launch program

Boeing Opens Exploration Launch Systems Office in Florida

POLITICAL ECONOMY
Helping shape space-based technology policies

Russia plans to launch six Glonass satellites in 2011

India plans to make GPS more accurate with GAGAN

EU to launch Galileo satellites this fall

POLITICAL ECONOMY
More flight delays in Australia as ash plays havoc

Australia's Qantas cancels orders, trims targets

Hong Kong Airlines plans to place order for A380s

Aircraft systems tested in the environmental chamber

POLITICAL ECONOMY
Researchers Develop Biological Circuit Components

Renesas chip supply to recover faster than expected

Quantum knowledge cools computers

New method for creating single crystal arrays of graphene

POLITICAL ECONOMY
Satellite and Radar Data Reveal Damage Track of Alabama Tornadic Thunderstorms

New NASA Map Reveals Tropical Forest Carbon Storage

Google applies for China mapping licence: report

NASA launches ocean-watch satellite

POLITICAL ECONOMY
Bangladesh shipyards back in business

Rock-climbing garbage collectors clean Rio hills

Medvedev alarmed over tonnes of 'dangerous' waste in Russia

In Kabul, air pollution a bigger killer than war


Memory Foam Mattress Review
Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News
.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2011 - Space Media Network. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement