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LJUBLJANA (Reuters) - Slovenia's new prime minister-designate pledged on Thursday to heal its banks and avert an international bailout, taking the reins of the once-thriving euro zone member at the height of its worst economic crisis in 22 years of independence.
CAIRO (Reuters) - The Egyptian pound fell to record lows and debt insurance costs soared on Wednesday despite assurances by the country's Islamist leaders they would not allow the Arab world's most populous nation to slide further into economic crisis.
LONDON (Reuters) - The Indian rupee and Turkish lira tumbled to new record lows on Tuesday as investors' headlong flight out of emerging markets gathered pace with added impetus from uncertainty over Western military action against Syria.
DUBAI: The Persian Gulf emirate, Dubai, that own stakes in London Stock Exchange Group Plc and Nasdaq OMX Group Inc, may have to sell assets to help fund about US$80bil of debt maturing in the next five years.
BOSTON/NEW YORK (Reuters) - Two decades ago, George Soros rose to fame and fortune on his now-historic trade in which he took on the Bank of England and shrewdly wagered on a devaluation of the British pound.
KUALA LUMPUR: The shadow banking system that was loosely regulated in the United States and other countries was responsible for damaging the global financial system, and should be brought under a strong and effective regulatory framework, said former Pakistan central bank governor Dr Ishrat Husain.
LONDON (Reuters) - As the political crisis in Ukraine continues, its severely depleted central bank reserves are putting it at serious risk of a balance-of-payments crunch, its metrics looking worse than almost every big emerging economy.
LONDON: If you had spent £10 on BP shares on April 19, 2010, you would have just £9 now, including dividends. A poor investment, however you cut it, but also a remarkable recovery.