Bernanke signals desire for more Fed stimulus US Federal Reserve Chairman Ben Bernanke expressed deep worry over the US economy Friday and argued for fresh action to stimulate growth from the central bank.
German region to buy more Swiss tax cheat data The German region of North Rhine-Westphalia will continue to buy data on people suspected of stashing assets in Swiss banks to avoid taxes, the state premier was quoted as saying on Sunday.
Manchester United shares fall below IPO price Shares in legendary football club Manchester United closed below their IPO price for the first time Thursday, as apparent price support efforts gave out after five days of trade.
Japan lawmakers to approve long-awaited tax hike An unpopular bill to double Japan's sales tax and partially plug its gaping debt hole is set to be passed by lawmakers Friday in a triumph for the prime minister that could also herald the end of his job.
11 August 2012
Manchester United slashes price for US IPO Britain's world-renowned football club Manchester United slashed the price of its US share launch, cutting the amount it was raising in Friday's IPO to $233 million from a hoped-for $300 million or more.
10 August 2012
Japan invests in Atyrau refineryKazakhstan's Atyrau refinery signed a loan agreement with Japan Bank for International Cooperation and Bank of Tokyo Mitsubishi UFJ for $297.5 million.
Commodity prices mostly fall on lack of stimulus measures Global commodity markets mainly fell in subdued trade this week as investors expressed disappointment at the lack of central bank action to kick-start the struggling global economy.
04 August 2012
BHP chief forgoes bonus after $2.84 bln US gas writedown BHP Billiton on Friday said chief executive Marius Kloppers will forgo his annual bonus after the world's biggest miner was forced to write down the value of its US shale gas assets by US$2.84 billion.
British finance minister fighting for survival: press British finance minister George Osborne must urgently form a plan to rectify the country's recession-hit economy after it shrank alarmingly in the second quarter.
27 July 2012
Moody's cuts Germany outlook Moody's took the first step toward stripping Germany of its coveted AAA credit rating on Monday, cutting the outlook for Europe's largest and most pivotal economy to "negative."
24 July 2012
Indonesia's weakening rupiah raises concerns Indonesia's weakening rupiah and widening current account deficit are raising concerns about Southeast Asia's largest economy, which is struggling against contagion from the global crisis.
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