Singapore Finance Chief Gets Thai, Philippine Support for Strauss-Kahn Job - Bloomberg

Southeast Asian nations backed Singapore Finance Minister Tharman Shanmugaratnam as a possible choice to succeed Dominique Strauss-Kahn as head of the International Monetary Fund.
Shanmugaratnam […]

Cautious approach pays off for Power Corp.

MONTREAL

Kia recalls small cars due to fuel tank problem

Kia Motors Corp. is recalling more than 58,000 Spectra compact cars registered in cold-weather states because the gas tanks could drop to the ground and […]

Nicklaus: Gas price query likely to fizzle

When the going gets tough, Americans get conspiracy-minded.
So, when we see gasoline prices near $4 a gallon, we want to blame somebody. If that somebody […]

Sarkozy Backs IMF as Currency Enforcer at G-20 China Opening - Bloomberg

The International Monetary Fund should get the power to police rules envisioned to promote currency-market stability, French President Nicolas Sarkozy told Group of 20 finance […]

Japan central bank feeds markets money after quake

Japan’s central bank pumped a record $184 billion into money markets and took other measures to protect a teetering economy Monday, as the Tokyo stock […]

Household Worth in U.S. Increases by $2.1 Trillion on Stock Gains, Saving - Bloomberg

Household wealth in the U.S. climbed by $2.1 trillion in the fourth quarter of 2010 as share prices rose and families rebuilt finances tattered by […]

BMO

Bank of Montreal (TSX: BMO) says its first-quarter profit rose 18 per cent to $776 million, beating expectations.
The bank says its net income was equal […]

New Zealand’s Central Bank May Hold Rates as Earthquake Postpones Recovery - Bloomberg

New Zealand’s central bank may delay interest-rate increases until next year as the nation’s deadliest earthquake in 80 years threatens to tip the economy […]

Spain’s New Capital Rules a Boon for IPO Bankers, Lawyers - Bloomberg

Spain’s decision to force lenders to meet stricter capital rules or risk state ownership will provide a boon to bankers and lawyers helping them […]