LONDON - Rules will soon be finalised forcing the world's top banks to hold enough liquid assets to cover between 16 and 20 percent of their liabilities, after industry lobbying failed to persuade regulators to relax the plan.
NEW DELHI - India and the United States will sign a tax information sharing agreement on Thursday, under a new U.S. law meant to combat offshore tax dodging by Americans, two Indian government sources and a source at the U.S. embassy said.
BRUSSELS - A Greek prime minister torn between accepting harsh bailout terms and a rebellion by the left wing of his party decides to call a referendum to break the political deadlock.
LONDON - An uneasy truce between market watchdogs and central banks, struck during the financial crisis, is showing signs of strain as they look for ways to tackle potentially extreme volatility in bond markets when interest rates start to rise.
BODRUM, Turkey - The world's leading economies have narrowed down their commitments to boost global growth under a G20 plan and should be able to demonstrate progress by the end of Turkey's G20 presidency this year, a senior Turkish official said on Monday.
ZURICH - Former FIFA official Jerome Champagne said he is considering whether to make another run for the presidency of soccer`s global governing body and called for whoever gets the job to heal the rift between Europe and the rest of the world.
LONDON/AMSTERDAM - The European Commission will give banks in the EU another six-month exemption until December from having to hold extra capital to cover transactions at clearing houses that don't meet the bloc's standards.
LONDON - An international campaign to stamp out corporate tax dodging will fail and G20 leading economies should instead adopt a global minimum tax rate for multinationals, a coalition of 10 charities and human rights bodies said.
DRESDEN, Germany - Japanese Finance Minister Taro Aso on Thursday fired a verbal warning shot against the yen's slide, saying that the decline in recent days had been "rough" and he would monitor foreign exchange markets carefully.
LONDON - Australian Symon Drake-Brockman is on the front line of a revolution in European finance.