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ECB stance on bond buys to pay off
TOKYO: The European Central Bank's (ECB) refusal to engage in large-scale purchases of the region's sovereign debt will eventually be rewarded as this will preserve price stability and protect the value of the euro over the long term, governing council member Christian Noyer said yesterday.
Eurogroup set to fix EFSF leveraging rules, deal with Greek aid
BRUSSELS (Reuters) - Euro zone finance ministers are to agree on Tuesday on details of leveraging their EFSF bailout fund so it can help Italy or Spain should they need aid, and are likely to approve the next tranche of emergency loans for Greece and Ireland.
Italy's PM in austerity race, IMF denies in aid talks
ROME (Reuters) - Italy's prime minister faces a testing week as he seeks to shore up the country's strained public finances, with an IMF mission expected in Rome and market pressure building to a point where outside help may be needed to stem a full-scale debt emergency.
Influx of office space in Klang Valley worsens oversupply situation
KUALA LUMPUR: An influx of office space in the Klang Valley is putting a downward pressure on yields.
US markets stay on edge(update)
NEW YORK: US investors came to the Thanksgiving holiday table on Thursday mostly thankful that the week was a short one, or losses could have been larger.
Italy's Monti in austerity race as IMF role eyed
ROME (Reuters) - Prime Minister Mario Monti faces a testing week seeking to shore up Italy's strained public finances, with an IMF mission expected in Rome and market pressure building to a point where outside help may be needed to stem a full-scale debt emergency.
Bank of Japan Shirakawa warns Japan outlook severe
NAGOYA, Japan (Reuters) - Bank of Japan Governor Masaaki Shirakawa said on Monday the country's economy will eventually resume a recovery but will remain in a severe state for the time being due to the pain from recent yen rises and slowing global growth.
Land, water scarcity threaten food security - U.N.
MILAN (Reuters) - A rapidly growing population, climate change and degradation of land and water resources are likely to make the world more vulnerable to food insecurity and challenge the task of feeding its people by 2050, the United Nations' food agency said.
Italy's PM in austerity race, IMF denies in aid talks
ROME (Reuters) - Italy's prime minister faces a testing week as he seeks to shore up the country's strained public finances, with an IMF mission expected in Rome and market pressure building to a point where outside help may be needed to stem a full-scale debt emergency.
Italy's PM in austerity race, IMF denies in aid talks
ROME (Reuters) - Italy's prime minister faces a testing week as he seeks to shore up the country's strained public finances, with an IMF mission expected in Rome and market pressure building to a point where outside help may be needed to stem a full-scale debt emergency.