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RUGAO, China/SINGAPORE (Reuters) - Deserted flats and boarded-up shops in the Yangtze river town of Changqingcun serve as a blunt reminder of the area's reliance on China Rongsheng Heavy Industries Group <1101.HK>, the country's biggest private shipbuilder. Like Rongsheng's shipyards, the area is struggling to survive. Rongsheng lost an annual record 572.6 million yuan ($92 million) last year ... Read News
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U.S. Corporate Debt Seen Hurt By Baucus Repeal Of Tax Law
U.S. companies could encounter higher borrowing costs under a congressional tax plan that would reverse a 29-year-old policy making it easier for other countries’ residents to invest in U.S. corporate debt. ... Read News
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