[LONDON] Nomura Holdings suspended a London-based trader and his boss, according to people with knowledge of the matter.

BACK in the Dark Ages of Wall Street, when Dow 1,000 was heady stuff, a small company from Texas did something extraordinary. It sold new junk bonds. That was 40 years ago, and few could have...

IT COULD be the beginning of the end for an 18-month rally in junk bonds. A high-yield bond fund run by BlackRock Inc slumped on Thursday to its lowest level since March, a day after Morgan Stanley...