Warren Buffett“A public opinion poll is no substitute for thought.”
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Greek slump threatens debt plan, EU aid elusive »
Greek slump threatens debt plan, EU aid elusive
Greece’s economy shrank more than feared last quarter and the government on Friday sharply revised down its figures for the previous three quarters as well, increasing doubts about its ability to resolve its debt crisis.
Euro zone sources preparing for meetings of the region’s finance ministers [...]
Nikkei rises 0.5 percent on hopes of Greece aid plan (Reuters) »
TOKYO (Reuters) –
Japan's Nikkei average rose 0.5 percent on Wednesday, with blue-chip shares that had been sold off on concerns about fiscal stability in
.
Toyota Motor rose, with some market players saying its share price may have bottomed and despite a new recall of Camry sedans for steering problems but
slipped on plans to [...]
Toyota to announce pedal fix plan in U.S. on Monday »
Toyota to announce pedal fix plan in U.S. on Monday
TOKYO (Reuters) – Toyota Motor Corp will announce on Monday details of its plan to fix accelerator pedals that have led to the recall of 2.4 million cars in the United States as it scrambles to put its worst public relations crisis behind it.
Toyota [...]
Asia stocks slide on Obama plan (Reuters) »
U.S. President Barack Obama
proposed new restrictions on banks that spurred selling of risky assets.
European shares (.FTEU3) were also expected to fall on the proposals, which would prevent banks or
that own banks from investing in, owning or sponsoring a hedge fund or private equity fund.
, but analysts said passage of the proposals [...]
Financial stability board welcomes Obama bank plan »
ZURICH (Reuters) – The Financial Stability Board (FSB), charged by the G20 to coordinate national regulation in response to the financial crisis, on Saturday welcomed U.S. proposals to limit banks’ size and trading activities.
The proposals are among a range of options the board is considering as its addresses the risk of banks being “too [...]
Greece outlines its Stability plan »
Thu, Jan 14 2010, 11:19 GMT
– (IN) India Dec Wholesale Prices Y/Y: 7.3% v 7.3%e
– (GE) Germany Dec Final CPI M/M: 0.8% v 0.7%e; Y/Y: 0.9% v 0.8%e
– (GE) Germany Dec Final CPI EU Harmonized M/M: 0.9% v 0.9%e; Y/Y: 0.8% v 0.8%e
– (FI) Finland Dec CPI M/M: [...]
U.S. banks fight plan to share information abroad »
U.S. banks fight plan to share information abroad
WASHINGTON (Reuters) – A U.S. financial crime agency’s plan to let foreign police seek information from American banks is drawing opposition from groups representing U.S. financial institutions.
The proposed rule by the Financial Crimes Enforcement Network (FinCEN), a division of the Treasury Department, would also permit U.S. [...]
Euro Rebounds on Abu Dhabi-Dubai Bail Out Plan »
After falling consistently versus thegreenback intheend ofthelast week, theEuro posted atimid rebound andalso gained versus several
currencies, asconcerns regarding Dubai’s debt eased after Abu Dhabi announced arescue plan forits brother emirate.
Theeuro benefited today onanAbu Dhabi announcement stating that $10 billion will be used tohelp Dubai tocope with its debts, paying creditors andcontractors, calming down [...]