03/17/2010 11:00 PM
|
|
Oil groups urge Indian wealth fund
|
India is facing demands from the local state-owned oil industry to create its first sovereign wealth fund to compete with China in the race to secure global energy assets
|
03/17/2010 11:51 PM
|
|
MGM Mirage in N Jersey deal over Ho links
|
Gambling regulators in New Jersey reached a deal for MGM Mirage to step away from its Atlantic City interests after the casino group declined to sever its connections to Stanley Ho, the king of the Macao gambling industry, who they allege has ties to organised crime
|
03/18/2010 12:03 AM
|
|
Fed chief defends role as watchdog
|
Ben Bernanke, chairman of the Federal Reserve, warned that US monetary policy and financial stability would be damaged if Congress limits the Fed’s regulatory powers
|
03/17/2010 07:31 PM
|
|
Beijing warned of business damage from text crackdown
|
Chinese internet company says crackdown on mobile text messaging is starting to hurt its business
|
03/17/2010 02:13 PM
|
|
Four banks face trial over derivatives deals
|
UBS, JPMorgan Chase, Deutsche Bank and Depfa were charged with fraud for their roles in a €1.7bn financing package for the Italian city of Milan in a case that will fuel debate about the use of complex derivatives
|
03/18/2010 01:22 AM
|
|
BoJ move is more than a smokescreen
|
The Bank of Japan’s decision to lend an extra Y10,000bn to banks for three months at 0.1 per cent was not only a smokescreen, the move is also meant to show that it is ready to support a shaky economic recovery.
|
03/17/2010 08:08 PM
|
|
Europe split on role of IMF in Greece
|
The eurozone’s united front against involving the International Monetary Fund in a rescue operation for Greece is cracking
|
03/17/2010 11:25 PM
|
|
IMG goes to Brazil in emerging markets push
|
Sports and entertainment marketing group is planning a joint venture with Brazil’s Globo television network
|
03/17/2010 11:35 PM
|
|
Pakistan premier pushes for greater powers
|
Yusuf Raza Gilani, Pakistan’s prime minister, is strongly pushing for the imminent transfer of powers from the country’s presidency to the prime minister’s office in an effort to reverse a much-resented concentration of powers under military rule
|
03/17/2010 11:20 PM
|
|
Nomura appoints first foreigner to board
|
The group is to re-organise its non-retail operations and hand leadership of the global unit to a former top Lehman Brothers banker who had planned to leave the Japanese bank this month
|