South Korea's Lee says price stability a priority
SEOUL, March 23 (Reuters) - South Korean President Lee Myung-bak has declared that containing inflation has become a more urgent task in economic policy than lifting growth or creating more jobs, t...
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Peru police, indigenous group clash at Pluspetrol
LIMA, March 22 (Reuters) - One police officer was killed and five others wounded in a clash with indigenous workers who took over a plant of the Argentine energy company Pluspetrol in Peru's Amazon...
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Drugmaker confidence dives in UK
LONDON (Reuters) - Pharmaceutical companies have lost confidence in investing in Britain following a decision by the government to scrap a 50-year-old drug pricing mechanism, according to a survey released on Thursday.

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Fund executives see prolonged crisis
LUXEMBOURG (Reuters) - Top fund executives are resigned to the probability of a credit crisis lasting many months or even years, with some looking back as far as the Wall Street crash of 1929 for a possible comparison.

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COLUMN-No one knows where this ends
No one knows where the financial crisis is going, no one knows who might be next to fail, and no one knows what the Federal Reserve can do about it.

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Uphill task as FSA targets "trash and cash" traders
LONDON (Reuters) - The Financial Services Authority made a rare move to bare its teeth on Wednesday with a stark warning on market abuse, but experts say prosecuting those behind the rumours and rollercoaster market is a tough task.

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Deal reached on cross-border bank failures
LUXEMBOURG (Reuters) - European Union states and central banks have agreed how to handle a cross-border bank failure but were unable to detail what a state would have to pay towards a bailout, a top regulator said on Wednesday.

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  • ConAgra profit forecast dependent on pricing

    The company would have to be able to increase prices to meet its goal of earnings per share growth of 8 percent to 10 percent annual earnings per share growth before one-time items, Gary Rodkin, ConAg...

  • Cayne - not in a chatty mood

    We’re wondering how Jimmy Cayne’s feeling about the near collapse and $2 sale of the bank he chairs, not to mention the hit to his personal wealth. Cayne, who in January stepped down as...