| Moody's accused of issuing inflated ratings: report In a letter dated July, obtained by the paper, Eric Kolchinsky accused Moody's Investor Service of issuing a high rating to a complicated debt security in January, in spite of it being aware i ...[more] |
| Ford to produce India small car from early 2010 The car was showcased at a news conference in the Indian capital. Ford has invested $500 million at a plant in southern Indian city of Chennai and has said the plant was gearing up for ...[more] |
| China firms selling fuel to Iran as U.S. sanctions loom The U.S. and its allies may use sanctions to target Iran's dependency on fuel imports if it refuses to freeze its nuclear program, which the West suspects is aimed at making nuclear weapons. ...[more] |
| Yahoo sees Asia growth, committed to Alibaba ) expects its business in Asia to grow in the coming year and to increase its market share if the overall economy continues to recover, a senior executive told Reuters on Wednesday. [more] |
| Stung by crisis, Asia wakes up to risk management ) Chairman Masamoto Yashiro was asked why Japanese banks had been able to avoid the worst of the financial crisis, he dismissed it as something akin to a lucky break. Since the cris ...[more] |
| Rise of Chinese consumers already making waves online Xue Yong is the sort of Chinese shopper long dreamed of by international stores and brands. The 30-year-old software engineer has money to burn and a desire to stay on top of the latest fashi ...[more] |
| Nonresidential building index at 3-month low The Architecture Billings Index fell to 41.7 in August from 43.1 in July, the American Institute of Architects said on Wednesday. Readings below 50 indicate contraction rather than growth. [more] |
| HP sees tech rebound The IT industry will return to growth in 2010, and HP should outpace that growth, Chief Executive Mark Hurd told an audience at the company's yearly analyst meeting on Thursday. Share ...[more] |
| Banker pay curbs, clawbacks sought at G20 summit Leaders will be urged to approve a number of measures such as clawing back salary for poor performance and paying some bonuses in stock, an official said. High levels of compensation, ...[more] |
| IMF vote change needs G20 political backing Egyptian Finance Minister Youssef Boutros-Ghali, who chairs the IMF's steering committee, the International Monetary and Financial Committee (IMFC), said a G20 agreement on specific percentag ...[more] |
| Baer's Artio IPO jumps almost 5 percent in debut ) U.S. asset management arm Artio Global Investors Inc () finished their first day of trade up 4.8 percent after the company's initial public offering raised more money than expected. ...[more] |
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