Rekindling Europe's repackaged debt market will take years

LONDON - Reviving Europe's repackaged debt market to fund economic recovery will take years and hinge on a re-invention of the sector rather than quick regulatory tweaks, bankers and regulators say.

Australia to step up formal partnership with NATO at summit

SYDNEY - Australia is set to step up its partnership with NATO, its foreign minister said on Tuesday, as the country pursues a bigger role in global crises from Iraq and Syria to Ukraine.

U.S., China plan followup to Sunnylands summit in November

WASHINGTON - U.S. President Barack Obama and Chinese President Xi Jinping, at odds over China's increasing assertiveness in Asia and issues such as cyberspying, plan a followup to their informal summit in California last year after November's APEC summit in Beijing.

World, 29 Aug 2014

French company chiefs want more aggressive euro policy

PARIS - Two captains of French industry called on euro-zone policy makers to act more forcefully to lower the euro's exchange rate to make European firms more competitive and counter what they said was unfair currency manipulation by other world powers.

Banks push for delay to introduction of derivatives rules

HONG KONG - The international banking industry has asked regulators for more time to implement derivatives rules that could add $800 billion (482 billion pounds) to the global financial industry's cost of doing business, people familiar with the matter said.

Business, 21 Aug 2014

G20 edging towards deal on 'bail-in' bond cushion for banks

LONDON - Government leaders are expected to agree in November that the world's top banks must issue special bonds to increase the amount of capital which can be tapped in a crisis instead of calling on taxpayers to come to the rescue, industry and G20 officials said.

Business, 21 Aug 2014

G20 gets ready for new bout of rulemaking for financial industry

- Leaders of the Group of 20 economies (G20) aim to draw a line under the 2007-09 financial crisis before the end of this year with the completion of reforms aimed at preventing taxpayers from having to rescue banks again in a future crisis.

Business, 21 Aug 2014

U.S. regulators step up warnings to banks for poor risk-spotting

NEW YORK - U.S. regulators are sending some of the biggest global banks verbal warnings as they crack down on the firms' poor grasp of their own weaknesses, and push for rapid improvements in risk assessment, according to two sources familiar with the matter.

Business, 21 Aug 2014

Exclusive - Funds could face market curbs after lobbying backfires

LONDON - Fund managers may face tougher scrutiny by global regulators than planned after their intense lobbying against a first proposal backfired, industry sources and G20 officials said.

Business, 20 Aug 2014

Banks, funds agree on wider window for FX fix

WARSAW/LONDON - Banks and asset managers are ready to support an extension of the one-minute window used to set currency market benchmarks, documents showed on Wednesday, but most are concerned by the risks involved and divided on how much of an extension.

Business, 20 Aug 2014