Australian Inflation Holds at 4% in March, TD Says

An index measuring Australian inflation held at the fastest annual pace in almost two years in March, reinforcing the central bank's decision to increase […]

U.K. Nationwide House Prices Rise Least Since 1996

U.K. house prices rose at the slowest pace in more than a decade in March and consumer confidence was the lowest since 1993, adding […]

China

Chinese industrial companies' profits grew at the slowest pace in almost three years as government controls to stem inflation prevented oil refiners and power […]

BOK

Bank of Korea Governor Lee Seong Tae said soaring prices of oil, grains and other commodities are “leading directly to'' above-target inflation in the […]

Bank of America may face $6.5 billion loan loss: analyst

Bank of America Corp (BAC.N: Quote, Profile, Research), the largest U.S. retail bank, may set aside a record $6.5 billion in the first quarter […]

Rubin Calls for Urgent Government Action to Stem Foreclosures

Former Treasury Secretary Robert Rubin called for quick government action to tackle the rising level of home foreclosures and he indicated taxpayer money will […]

Bank of Japan Selects Shirakawa as Interim Governor

The Bank of Japan said Masaaki Shirakawa will act as interim governor, filling a vacancy left by Toshihiko Fukui whose term ends today, following […]

China to Take `Forceful

China's Premier Wen Jiabao pledged to take “forceful'' steps to damp inflation at an 11-year high, a sign that overheating remains the government's main […]

Chrysler to close for two weeks in July

After losing $1.6 billion in 2007 and watching its U.S. sales plummet in the first two months of this year, Chrysler LLC is taking […]

Fukuda to `Take Action

Japanese Prime Minister Yasuo Fukuda will “take concrete action'' next week to avoid a leadership vacuum at the central bank after the opposition rejected […]