Spain Set to Unveil Bank Overhaul to Clean Up Real Estate - Bloomberg

Spain is set to announce today its plan to shepherd struggling banks into mergers and make the industry set aside 50 billion euros ($66 billion) […]

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New Zealand Reserve Bank Governor Alan Bollard to Step Down in September - Bloomberg

New Zealand central bank Governor Alan Bollard will quit in September, ending a decade-long tenure in which he raised interest rates to a record high […]

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1st session for new Islamist-led Egypt parliament

With Islamists comprising the overwhelming majority of its lawmakers, the parliament elected in Egypt’s first legislative vote after Hosni Mubarak’s ouster nearly a year ago […]

Stock futures rise on jobless claim decline

Another set of successful bond auctions in Europe and a decline in applications for unemployment benefits are pushing U.S. stock futures higher Thursday.
Dow futures are […]

Keystone pipeline proposal rejected by U.S. government

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Italy, Spain easily raise $28 billion

Spain and Italy gave financial markets a boost Thursday as they successfully raised nearly euro22 billion ($27.98 billion) in two keenly watched debt auctions that […]

Euro Area Crisis Presents Significant Risk for South Africa, Lagarde Says - Bloomberg

South Africa has become increasingly integrated into the global economy, leaving it exposed to

Singapore May Cut Lee

Singapore will cut salaries for its prime minister and top office holders after voter unhappiness over a widening income gap weakened support for the ruling […]

Ex-Murdoch lawyer defends newspapers surveillance

A former top lawyer for Rupert Murdoch’s British newspapers insisted Wednesday that he told the mogul’s son there was evidence of widespread phone hacking at […]

Australian court rules Samsung can sell Galaxy

Samsung Electronics Co. is free to sell its Galaxy tablet computers in Australia after the country’s highest court Friday dismissed rival Apple’s appeal in its […]