Investing

In escape from Japan doomsday, capital takes flight

Hiroshi Kosaka has an unorthodox pitch for his realty business: instead of pictures of swanky condominiums his website features Japanese debt statistics and budget meltdown scenarios usually left to credit rating agencies.

Bond prices firm on Spanish bank worries

Government debt prices rose on Tuesday as worries about contagion over the deterioration of Spain's banking system stoked demand for bonds and other low-risk investments.

Brazil's PDG Realty shares rise on new offer

Shares of PDG Realty, Brazil's largest home building company, rose on Monday following an offer from a local private-equity firm.