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- TOKYO/BERLIN, April 8 (Reuters) - Japan prepared to unveil details of a $150 billion plan to boost its economy on Wednesday, but weak corporate earnings and trade flows raised fresh doubts about governments' ability to revive growth. Policymakers ...
- TOKYO/BERLIN, April 8 (Reuters) - Japan prepared to unveil details of a $150 billion plan to boost its economy on Wednesday, but weak corporate earnings and trade flows raised fresh doubts about governments' ability to revive growth. Aluminium ...
- TOKYO/BERLIN, April 8 (Reuters) - Japan prepared to unveil details of a $150 billion plan to boost its economy on Wednesday, but weak corporate earnings and trade flows raised fresh doubts about governments' ability to revive growth. Aluminium ...
- SEOUL, April 8 (Xinhua) -- South Korean banks marked a rise in corporate loan growth in March thanks to the government's credit guarantees, the central bank said Wednesday. As of end-March, corporate loans extended by local banks amounted to 469.2 ...
- Defense Secretary Robert Gates' proposed budget, which axes some multibillion-dollar weapons projects, is encountering strong resistance from lawmakers whose districts stand to lose thousands of jobs during a recession. Members of Congress and ...
- NEW YORK, April 3 (Reuters) - The star-crossed $7.4 billion Chrysler buyout is not just a headache for private equity firm Cerberus Capital Management, but some of the biggest banks on Wall Street as well. Chrysler is operating thanks to $4 billion ...
- April 1 (Bloomberg) -- Mexico asked for a credit line of about $47 billion from the International Monetary Fund to help the country mitigate the impact of the global financial crisis. The peso rose the most in two weeks after the announcement by ...
- NEW YORK — Wall Street tumbled again today as investors worried that the global economy is poised to weaken even as parts of the credit market slowly show signs of recovery. The major indexes fell more than 4 percent, including the Dow Jones ...
- Oct. 22 (Bloomberg) -- Argentine lawmakers will try to block the government's use of $29 billion in nationalized pension assets to repay debt when they consider President Cristina Fernandez de Kirchner 's plan to seize the funds from private money ...
- NEW YORK - How could a $24 billion loss possibly be good news? When it comes from Wachovia as an effort to primp itself for its acquisition by Wells Fargo. Wachovia Corp.'s staggering loss for the third quarter resulted primarily because it wrote ...
- LONDON - The world's worst financial crisis in 80 years hammered emerging markets on Wednesday, prompting emergency central bank moves and calls for international help to curb investor flight. Emerging market stocks, sovereign debt and currencies all ...
- Lending rates among banks in the U.S. and Europe dropped farther Wednesday as central banks' cash loans to banks appear to be unblocking credit markets. The rate on three-month loans in dollars -- known as the London Interbank Offered Rate or Libor ...
- WASHINGTON -- With a federal budget crunch looming, Congress canceled Pentagon plans this month to buy and launch two commercial imagery satellites to complement its network of classified spy craft, military and space industry officials said. House ...
- World leaders lined up a series of summits looking at reforming global finance in the wake of the turmoil on the markets as South Korea became the latest country to shore up troubled banks on Sunday. The summits, announced following talks on Saturday ...
- SEOUL, Oct 19 (Reuters) - South Korea announced on Sunday a package worth over $130 billion to rescue its markets dragged down in the global financial crisis, offering a state guarantee on foreign debt and promising to recapitalise financial firms ...
- Argentina's government announced Thursday it had struck a deal with three foreign banks to renegotiate annual payments on part of its 150-billion-dollar sovereign debt mountain. The accord with Citibank, Deutsche Bank and Barclay's runs to 2012, the ...
- NEW YORK (CNNMoney.com) -- Wall Street rallied Thursday, finding momentum toward the end of a volatile session, as the lowest oil prices in more than a year gave investors a reason to scoop up shares battered in the recent market selloff. The Dow ...
- NEW YORK (Reuters) - American International Group (nyse: AIG - news - people ), the insurance giant that drew fire for executive "golden parachutes" and an ill-timed junket even as it receives a massive taxpayer bailout, has agreed to mend its ways ...
- MEXICO CITY (AP) - Cemex SAB, one of the world's largest cement makers, said Thursday it will cut its worldwide staff of 60,000 by 10 percent and put US$2 billion in assets up for sale as profits tanked and demand slowed amid the global financial ...
- Oct. 16 (Bloomberg) -- Chilean investment bank Celfin Capital SA is firing as much as a 10th of its workforce as an economic slowdown stemming from the global credit crunch damps its expansion plans. Celfin Capital is reducing its staff of 400 people ...
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