Business Aug 23, 2008

Wal-Mart gives credit-starved companies samurai bond with Japan

Corporate borrowers are turning to Japan for cash that is becoming increasingly hard to get anywhere else in the world. Debt sales in Japan by overseas issuers from Bentonville, Ark.-based Wal-Mart Stores Inc., the world's largest retailer, to Zurich-based bank UBS AG rose 37 percent ...