China, U.S. Deepen Financial Ties, Aid Global Trade (Update1)
Dec. 5 (Bloomberg) -- China and the U.S. pledged $20 billion to fund trade and agreed to deepen financial ties, stepping up efforts to counter the credit crisis in their final economic talks before President-elect Barack Obama takes office.

Mitsubishi UFJ, Financial Stocks Decline on Weakening Economy
Dec. 5 (Bloomberg) -- Mitsubishi UFJ Financial Group Inc. , Japan?s biggest bank, led declines among financial stocks in Tokyo on concern the deteriorating economy will harm lenders.

Financial crisis costs 400 more ANZ jobs
THE turmoil sweeping through the financial services sector has claimed another 400 jobs, this time at ANZ Bank, whose latest cuts follow the reductions made by Macquarie Group.

EU sees no problems with Bank of America takeover creating largest US financial group
BRUSSELS, Belgium - European Union antitrust regulators on Friday cleared Bank of America Corp. to buy Merrill Lynch & Co., saying they saw no problems with the $50 billion takeover that will create the largest U.S. financial services company.

Head of Financial Rescue Says Treasury Considering Mortgage Rate Plan
The financial industry is pushing a proposal for the Treasury Department to seek to lower the rate on a 30-year mortgage to 4.5 percent. 

Dodd disappointed with financial bailout
WASHINGTON, Dec. 4 (UPI) -- The U.S. auto industry provided more information to show it deserves taxpayer support than financial companies have, U.S. Sen. Christopher Dodd, D-Conn., said.

Financial Crisis Economic tensions loom over US China talks. 05/12 13:25 CET
China and the US have pledged around 15 Billion euros to boost global trade. The announcement came despite talks being overshadowed by tensions after China criticised excessive consumption in the US for the financial crisis.

Financial Stocks: Financial stocks slip; AIG may renegotiate bailout
U.S. financial stocks as a group fall about 1% following a few days of gains, and are likely to remain volatile if the trend set in recent sessions prevails.

Lebanon 'immune' to financial crisis
Bankers in Beirut say they were prepared for the financial meltdown hitting the world's financial markets and they are booming as a result.

Woman solicitor was 'lover lawyer and financial advisor' to drug dealer
A solicitor was "the lover lawyer and financial advisor" to a drug dealer who made half a million pounds from heroin and cocaine a jury was told.

Honda to quit Formula One, citing global financial crisis
Honda will withdraw from Formula One by the end of this year, citing deteriorating business conditions due to the global financial turmoil and the worldwide economic downturn.

Dodd endorses financial assistance for automakers
Senate Banking Committee chairman Christopher Dodd has come out in favor of federal financial help for the troubled auto industry.

Financial bid date for UP power plant extended again
Apparently faced with disinterested bidders, the Uttar Pradesh government has extended the date for the submission of financial bids for the proposed thermal power plant in Allahabad district to December 15.

U.S. supports longer Chinese membership in Financial Stability Forum
The United States supports extending membership in the Financial Stability Forum(FSF) to China and other important emerging market economies. Zhu Guangyao, China's Assistant Minister of Finance, briefed reporters after the fifth China-U.S. Strategic Economic Dialogue (SED) concluded Friday morning. "With the background of the global financial crisis, one important measure is to increase ...

Of abbreviations, acronyms and financial crisis
At the heart of these predictable manifestations of business cycles usually were financial instruments which became so popular that they came to be more commonly referred to by their abbreviations or acronyms than their original names.

EurActiv.com - Concrete steps to EU financial oversight | EU - European Information on Financial Services
"A quantum step needs to be taken to upgrade and adapt the structure of financial oversight in the EU," argues Karel Lannoo, the CEO of the Centre for European Policy Studies (CEPS), in a December report.

Financial bailout still faces challenges: Paulson
BEIJING (Reuters) - The United States has made clear progress in steadying its financial system, thanks in part to a $700 billion bailout fund authorized by Congress, but the rehabilitation process still faces many challenges, Treasury Secretary Henry Paulson said on Friday.

Financial aid meeting Wednesday
The Abilene High School counseling department is planning to have its annual financial aid meeting at 6:30 p.m., Wednesday, Dec. 10, in the high school media center.

Maui ethics panel to mull Nishiki financial disclosure
Issues surrounding a financial disclosure by incoming County Council Member Wayne Nishiki will be on the agenda at a Board of Ethics Meeting on Dec. 17, The Maui News reported today.

Country's financial situation deteriorating - Mangion
The country?s financial situation has deteriorated in spite of an increase in the government income from taxation, the Opposition spokesman for finance, Charles Mangion said.