BEIJING - China’s official news agency says that Beijing will hold a new round of talks with representatives of the Dalai Lama in July.
The auction-rate preferred-security crisis may yet have a happy ending. This is welcome news for every fixed-income investor and anyone who depends on healthy credit markets. It’s especially good news for the holders of $330 billion in ARPS who were among the victims of the credit crisis that gripped financial markets this year. When the credit markets seized, big brokerage firms and investment .