The European Commission will on Friday flesh out ideas for revamping EU budget discipline rules, including a plan to broaden the scope of a get-out clause to take more account of protracted economic slowdowns. The

Read More

China is believed to have named Merrill Lynch as the global co-ordinator for the US dollar tranche of a planned US $1.5 billion sovereign bond issue, market sources said on Monday. Goldman Sachs and J.P.

Read More

China is believed to have named Merrill Lynch as the global co-ordinator for the US dollar tranche of a planned US $1.5 billion sovereign bond issue, market sources said on Monday. Goldman Sachs and J.P.

Read More

UBS AG is expected to buy Charles Schwab Corp's institutional research and trading unit for about $265 million, a source familiar with the matter said on Monday. The acquisition would strengthen UBS's stock-trading operations and

Read More

China's Skyworth Digital Holdings Ltd will announce plans later this week to enter the rear-projection television market, a source close to the matter said on Monday, becoming the latest player in a fast-growing field. Japan's

Read More

Malaysia's top lender, Malayan Banking Bhd, reported a 4.7 percent fall in fourth-quarter net profit on Monday on lower non-interest income and higher overhead expenses, but the figure beat forecasts. State-controlled Maybank, Malaysia's largest listed

Read More

Malaysia's top lender, Malayan Banking Bhd, reported a 4.7 percent fall in fourth-quarter net profit on Monday on lower non-interest income and higher overhead expenses, but the figure beat forecasts. State-controlled Maybank, Malaysia's largest listed

Read More

Sona Koya Steering Systems Ltd, India's biggest maker of car steering systems, is considering a diversification into truck steering and will take a decision by March, its chairman said on Monday. Sona is also exploring

Read More

The times they are a-changin' - at least for the one and two cent pieces that clutter the pockets of shoppers and tills of retailers across the eurozone. The cumbersome coppers have only been in

Read More

First Financial Holding Co, Taiwan's third-largest financial firm, said on Monday it aims to double its foreign ownership to 30 percent in three years through improved profits and more sophisticated products. The company hopes greater

Read More