global

IMF: China currency undervalued but policy sound (AP)

AP - The International Monetary Fund said China’s yuan is undervalued in a mildly worded assessment Wednesday of its controversial currency controls and praised Beijing’s response to the global crisis.

View post: 
IMF: China currency undervalued but policy sound
(AP)

global

Summary Box: China promises investors bigger role (AP)

AP - STATE ADVANCES, SOCIETY RETREATS: China is promising private investors a bigger role in state-dominated industries like oil drilling and finance. Businesses have complained that state firms were boosted by Beijing’s huge stimulus while private enterprise withered in the global crisis.

Read the original here: 
Summary Box: China promises investors bigger role
(AP)

global

Investors find some reassurance in Europe’s bank tests (Reuters)

Reuters - Investors in Asia took some reassurance that European banks had passed “stress tests” on their ability to deal with a debt crisis, which has been a cloud over the global economic recovery.

Continued here: 
Investors find some reassurance in Europe’s bank tests
(Reuters)

global

BP CEO to walk away with $18 million: report (Reuters)

Reuters - BP Chief Executive Tony Hayward will collect a pay and pension package worth at least 11.8 million pounds ($18.03 million) when he steps down from his role at the company, the Times newspaper reported on Sunday.

Read the original post: 
BP CEO to walk away with $18 million: report
(Reuters)

global

Gloomy investors ignore plump profits, dump stocks (AP)

AP - Profit is so boring.

View post:
Gloomy investors ignore plump profits, dump stocks
(AP)

global

Asian stocks lifted by Wall Street, China trade (AP)

AP - Asian stock markets rose Monday, lifted by robust Chinese trade figures that eased worries the global recovery is losing momentum.

View original post here:
Asian stocks lifted by Wall Street, China trade
(AP)

global

Asia must brace for possible economic shocks: IMF (AFP)

AFP - Asian policymakers must brace for possible further shocks given risks to the global economy such as the eurozone turmoil, the International Monetary Fund chief said Monday.

Here is the original post:
Asia must brace for possible economic shocks: IMF
(AFP)

global

White House confident latest BP effort will work (AP)

AP - A senior adviser to President Barack Obama says the administration is confident that BP’s latest effort to contain the oil spill in the Gulf of Mexico will work.

Read the rest here:
White House confident latest BP effort will work
(AP)

global

Some oil spill events from Saturday, July 10, 2010 (AP)

AP - A summary of events Saturday, July 10, Day 81 of the Gulf of Mexico oil spill that began with the April 20 explosion and fire on the drilling rig Deepwater Horizon, owned by Transocean Ltd. and leased by BP PLC, which is in charge of cleanup and containment. The blast killed 11 workers.

Here is the original post:
Some oil spill events from Saturday, July 10, 2010
(AP)

global

Vatican posts financial loss for third year in a row (AFP)

AFP - The effects of the global financial crisis put the Holy See’s budget in the red for the third consecutive year, the Vatican said in a statement on Saturday.

Here is the original:
Vatican posts financial loss for third year in a row
(AFP)

Next Page »