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US Fed and central bank clash over deflation worries
US Federal Reserve officials clashed on Friday over whether the central bank should be more aggressive in supporting the stumbling economy and one said the Fed's current policy may be contributing to worryingly low levels of inflation
http://tvnz.co.nz/busin...
US economy faces slow slog: Fed official
Federal Reserve Bank of Dallas President Richard Fisher said the US economy faces a "slow slog" and further monetary accommodation may not revive businesses "dispirited" by tax and regulatory changes.
http://www.brisbanetime...
Metro Bank arrives on British high street
Metro Bank, Britain's first new high street lender for over 100 years, opened its first branch on Thursday in a move aimed at shaking up the sector but ran into immediate criticism over its products.
http://news.yahoo.com/s...
US Fed warns of stagnation
A US Fed official has warned the US risks 'Japanese-style' economic stagnation.
http://bigpondnews.com/...
US banks raising 'billions' in debt
US BANKS are taking advantage of improving earnings and growing investor demand to raise billions of dollars in debt at historically low interest rates, a move that could boost the sector’s profits in coming years.
http://rss.feedsportal....
US Bank's second school supply drive underway
NEWPORT-The continued sweltering heat is one of several indications that local schools will soon open their doors for the 2010-2011 school year. Many of them will wear brand new clothes and carry sparkling new backpacks filled with all kinds of school supplies.
http://newportplaintalk...
Key US House panel to hold China currency hearing
A key US House committee with power over taxes and trade will hold a September 15 hearing to weigh possible new steps to press China over its currency policy, the panel's chairman said Thursday.
http://news.yahoo.com/s...
China Everbright Bank to list on Aug 18
SHANGHAI: China Everbright Bank will list on the Shanghai stock exchange on Aug 18, and will soon release its prospectus for an initial public offering (IPO) slated to raise up to US$2.9bil, the official Shanghai Securities News reported yesterday.
http://biz.thestar.com....
Citigroup settles charges over misleading investors
US bank Citigroup agreed Thursday to pay a 75-million-dollar fine to settle charges it misled investors about exposure to subprime mortgage-related assets, the Securities and Exchange Commission said.
http://news.yahoo.com/s...
US ruling on NAB may benefit BP
A US Supreme Court ruling last month may translate into billions of dollars in litigation savings for foreign-based companies, including BP.
http://www.businessday....
US dollar down on slower economic growth fears
WASHINGTON: The US dollar fell on Thursday against most key currencies as sentiment for the greenback was dampened by expectations of slower US economic growth.
http://www.channelnewsa...
US stocks fall on Fed's recovery concerns
New York - US stocks declined Wednesday as the Federal Reserve issued a downcast report on the economic recovery. The US central bank's Beige Book, a survey of US businesses released about once every six weeks, suggested many have grown more pessimistic about the state of the world's largest economy.
http://www.earthtimes.o...
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