Archive for January 2010
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International regulators will present plans in July on how major banks can be wound down in an orderly way as an alternative to a state bailout or going bust, the Swiss central bank head was
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The Saudi billionaire whose investment firm is one of the biggest stakeholders in Rupert Murdoch's News Corp said he is looking to expand his alliances with the media giant, in the latest indication that his
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Google Inc enters a second week of high stakes brinkmanship with China's government, amid speculation the firm has decided to pull out of the world's biggest Internet market over cyber-spying concerns. Google, the world's most
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Kuwait's state-run Petrochemical Industries Co (PIC) said on Sunday it has declared force majeure to customers of its aromatics plant after an outage last week and expects to restart the facility on January 24. "We
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Myanmar has created a new national rice industry association in an effort to boost the country's rice exports to rival those of Thailand and Vietnam, media reports said Sunday. The Myanmar Rice Industry Association (MRIA)
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Japan warned China on Sunday that it would take action if Beijing starts gas production in a disputed field in the East China Sea, Japan's Kyodo news agency reported. Although the two countries reached a
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The Turkish lira eased slightly on Friday in a corrective move due to frustration over long-running IMF talks and the absence of an expected upgrade for Turkey from the credit rating agency Standard and Poor's.
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The Turkish lira eased slightly on Friday in a corrective move due to frustration over long-running IMF talks and the absence of an expected upgrade for Turkey from the credit rating agency Standard and Poor's.
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A German government spokesman dismissed market rumours on Friday that Chancellor Angela Merkel was to resign, and the euro recovered some poise in early European trade after taking a hit in Asia overnight. The origin
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Euro zone government bonds mostly rose on Friday, tracking gains in US Treasuries after a solid 30-year US debt auction helped soothe supply concerns, but Greek bonds remained under pressure. With the market sceptical about
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