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Last updated: 08:18:53 Wednesday Dec 23, 2009


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  • Greek parliament to adopt 2010 crisis budget
    ATHENS (AFP) - Greece's parliament is set to adopt a crisis budget late on Wednesday aimed at bringing order to the debt-hit country's chaotic public finances and restore its badly dented credibility abroad.   Nations:Greece   Activities:Global Financial Crisis   Source:(AFP)   2009-12-23

    Chinese banks hide growing credit risks: Fitch
    BEIJING (AFP) - Chinese banks are creating a "growing pool of hidden credit risk" through financial moves that shift loans off balance sheets to comply with government capital requirements, Fitch Ratings warned Friday.   Nations:China   Activities:Global Financial Crisis   Source:(AFP)   2009-12-18

    Dubai bailout, Exxon deal push Wall St to 14-month high
    NEW YORK (Reuters) - Stocks closed at 14-month highs on Monday as Abu Dhabi's $10 billion in aid to help Dubai avoid default eased concerns and a takeover deal by Exxon Mobil Corp raised optimism about mergers and acquisitions activity.   Nations:U.S.   Activities:U.S. Markets   2009-12-14

    Major makeover of Wall Street rules passes House
    WASHINGTON - The House passed the most ambitious restructuring of federal financial regulations since the New Deal on Friday, aiming to head off any replay of last year's Wall Street failures that plunged the nation deep into recession.   People:Rahm Emanuel John Boehner Barack Obama   Activities:111th Congress Global Financial Crisis   Source:(AP)   2009-12-11

    Europe exceeds US in bank bonus crackdown
    NEW YORK - Better to be a banker in New York than Europe this bonus season.   Nations:U.K. France   People:Timothy Geithner Gordon Brown Angela Merkel   Activities:Global Financial Crisis   2009-12-10

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