Argentina Business News

Emerging-market borrowing costs dropped to the lowest level in 13 months as signs of a global economic recovery fueled demand for higher-yielding assets...The extra yield investors demand to own developing nations' bonds instead of U.S. Treasuries fell three basis points...

Latin America's third-largest economy is trying to rebuild its reputation with international investors and sell bonds to raise money. It wants to buy $20bn in outstanding defaulted bonds held by investors who refused a previous offer in 2005. Argentina defaulted...

FE, N.M. — The New Mexico Department of Transportation is struggling to cope with a drop in tax revenues that pay for its operations and highway projects. Transportation Secretary Gary Giron has told lawmakers the agency is preparing to cut...