Sunday, September 25th, 2011
Colombia will abandon plans to sell $240 million in international bonds this year as global financial turmoil raises the risk of borrowing abroad, Finance Minister Juan Carlos Echeverry said.
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Tuesday, September 20th, 2011
London’s Metropolitan Police Service said it won’t pursue a court order compelling the U.K.’s Guardian newspaper to reveal information related to allegations an officer leaked details of its phone-hacking investigation.
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Wednesday, August 24th, 2011
Libyan rebels needed NATO’S military might to bring Muammar Qaddafi’s rule to the brink of collapse. About $50 billion in cash abroad means they can do without foreign aid to rebuild the country after a six-month conflict.
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Thursday, August 18th, 2011
Bad loans at Chinese banks will rise to “shockingly high” levels, eroding profits and slowing growth in the world’s second-biggest economy, said Vontobel Asset Management Inc.’s Rajiv Jain, who runs some of this year’s best-performing mutual funds.
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Sunday, August 14th, 2011
Australia’s central bank is unlikely to slash the nation’s benchmark borrowing rate amid turmoil in global markets because inflation remains high, according to Commonwealth Bank of Australia Chief Executive Ralph Norris.
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