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07 Nov 2009 10:38
, Nov 07 13:37, Nov 07 18:37, Nov 08 03:37Geithner, Brown Split on Transaction Tax as G-20 Seeks Rebalanced Economy Group of 20 governments split on whether to tax financial speculation as part of a broader strategy to ensure the global economy’s expansion is less crisis-prone.
Zhou Seeks to Deflect European, Japanese Appeals for Yuan to Strengthen Chinese central bank Governor Zhou Xiaochuan said he doesn’t think his country is facing too many foreign demands to let the yuan strengthen, deflecting calls from Europe and Japan to do just that.
Berkshire Net Income Triples to $3.2 Billion on Buffett's Stock, Bond Bets Billionaire investor Warren Buffett’s Berkshire Hathaway Inc. said third-quarter profit tripled on gains in derivatives tied to stocks and bonds.
Rupert Murdoch Would Like One of His Children to Succeed Him at News Corp. News Corp. Chairman Rupert Murdoch, who began building his media group with the Adelaide News in 1953, said he’d like one of his children to succeed him, amid regular discussions about who will take over at the U.S. company.
Dollar Falls on Bets U.S. Jobless Rate of 10.2% Will Keep Fed Rates Low The dollar fell against the euro on speculation the Federal Reserve will keep borrowing costs near zero into next year after the U.S. unemployment rate exceeded 10 percent for the first time since 1983.
Galleon Scandal Scorecard: Hedge Funds, Traders, Lawyers and `Octopussy' Twenty people, including Galleon Group LLC co-founder Raj Rajaratnam, have been criminally charged in what federal authorities call the biggest prosecution of alleged hedge-fund insider trading in the U.S. Prosecutors in Manhattan say they have evidence from wiretaps, trading records and cooperating witnesses to prove widespread trafficking in illegal insider information. Except for those who have pleaded guilty, all those charged have denied wrongdoing and are free on bail. One suspect remains
UCBH Holdings' Bank Is Seized, Becomes 120th U.S. Lender Closed This Year UCBH Holdings Inc.’s United Commercial Bank, a San Francisco-based lender with $11.2 billion in assets, was seized by regulators, becoming the 120th U.S. bank to fail this year.
Democrats Agree to Allow Abortion Vote as House Health-Care Debate Opens House Democrats moved to clear one of the last hurdles to a historic debate on legislation to overhaul the U.S. health system, agreeing to a demand by 40 lawmakers to allow a vote on restricting funds for abortion.
Massacre at Fort Hood Prompts U.S. Army to Re-Examine Stress on Soldiers The shooting that killed 13 people on a U.S. Army base in Texas has spurred the Obama administration to re-examine the stresses on a military force that has been at war for eight years.
Dalai Lama's Visit to Indian Border Town Prompts Tensions, More Security Indian police stepped up security in the border town of Tawang on the eve of the Tibetan spiritual leader Dalai Lama’s trip to Tawang, where he first crossed into exile 50 years ago. The visit has raised tensions with China.
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