Sweden's centre-right coalition government, seeking a new four-year term in an election next month, has pledged tax cuts for pensioners and more health spending. The centre-right Alliance ....

Investors other than ordinary shareholders would take a loss before banks are bailed out by taxpayers or fail under a new proposal from the Basel Committee of global banking regulators. The proposal....

China's richest citizens are even wealthier than the statistics suggest, and may hold as much as 9.3 trln yuan ($1.4 trln) of hidden assets, according to a Credit Suisse-sponsored study by a top ....

Germany wants Basel agreement but clearer rules

Germany will not agree to global supervisors' proposals to beef up banking capital and liquidity until they take into account the needs of its public banking sector, officials said on Tuesday. ....

The Euro Dilemma and the Ramifications for Investors

BY DR. RAINER ZITELMANN Last week, the Euro lost substantially in value as it clearly undercut the mark of 1.40 US Dollar. The example of Greece goes to show that the Euro has a fundamental problem.....

Banks need to win customer loyalty war

Banks need to win customer loyalty war 1 in 10 Europeans plan to change banking provider this year The financial crisis has caused customers to change their attitude towards their banks, accor....

The euro's strength is its weakness

BY COSTA VAYENAS Spare a thought for the late Willem Duisenberg, first President of the European Central Bank. He was mocked during his tenure not only for his spectacular hair but also for his nu....

City of London fighting market regulation -Germany

The City of London is doing its best to block the introduction of stricter financial market regulations but tougher rules will come, German Finance Minister Peer Steinbrueck said a day before a Group ....

POLL-60 pct of Americans find Wall St pay unreasonable

A majority of Americans believe Wall Street executive compensation is "unreasonable," and that bankers fared better than others during the financial crisis, a poll conducted for Reuters show....

Barclays Capital sees further U.S. growth

By Clara Ferreira-Marques Britain's Barclays, which snapped up Lehman Brothers' U.S. business a year ago, aims to be a consistent top 5 player in U.S. equities and says it is not done wi....

UK Conservatives would scrap financial watchdog

Britain's Financial Services Authority (FSA) regulator should be abolished and the Bank of England put in full charge of supervising financial institutions, opposition Conservatives said on Monda....

Banking on security in Baghdad

Under the watchful eye of a guard in army fatigues -- with badges depicting a dagger through a skull -- the meeting of the Iraqi private banks association was like any gathering of mostly fat and bald....

Transfer Pricing – What is it all about?

AMI GOLDENSTEIN Proper Transfer Pricing planning provides the best legal tool to reduce Multinational Enterprises’ effective tax rate, increase cash flows and minimize transfer income adju....

INTERVIEW-Inchcape says UK car scrap scheme looks promising

Britain's car scrappage scheme, which aims to revive demand for new vehicles by offering a discount to owners trading in old models, has made a promising start, car dealer Inchcape said. &quo....

Worry, but no panic as Japanese brace for GM's fate

As General Motors Corp creeps towards bankruptcy, Japanese auto executives have grown less worried about the turmoil in the supply chain and dealer channels the demise of the No. 1 U.S. car maker woul....

Recent policy challenges seen through economic forecasts

ATHANASIOS ORPHANIDES Governor, Central Bank of Cyprus Monetary policymakers must always be ready to face difficult challenges, and sometimes we need to quickly map an appropriate response even ....