Morgan Stanley Asia-Pacific Fund, Inc. (the Fund), is a non-diversified, closed-end management investment company. The Fund’s investment objective is long-term capital appreciation through investments primarily in equity securities of Asian-Pacific issuers and in debt securities issued or guaranteed by Asian Pacific governments or governmental entities. Its portfolio includes common stocks, warrants, and short-term investments, including repurchase agreements. ...
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Corporate cash management The empirical corporate finance literature suggests four primary motives for firms to hold cash. These motives include the tra
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Former Fed Chair Janet Yellen worries about U.S. government debt accumulation, expects new interest rate increases, and warns of the next economic recession
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All of the 18 systemically important banks pass the annual Federal Reserve stress tests. Many of the largest lenders announce higher cash payouts to shareho
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Michael Sandel analyzes what money cannot buy in stark contrast to the free market ideology of capitalism. Michael Sandel (2013) What money
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The European Central Bank expects to further reduce negative interest rates with new quantitative government bond purchases. The ECB commits to further cutt