Belgium Turns to Banks, Nuclear Power Producers to Tame Deficit

Belgium will introduce levies on banks, life insurers and nuclear power producers next year as Prime Minister Herman Van Rompuy seeks to start taming […]

U.S. turns to carrots to improve China relations

The United States is going out of its way to build a warmer economic relationship with China and the strategy seems to be paying […]

Liu Says It’s Too Soon to Talk of China Stimulus Exit

China’s banking regulator said it’s too soon for the government to start winding down stimulus efforts even as growth in the world’s third-largest economy […]

BOE May Debate Expansion of Bond Plan, Gieve Says

Bank of England policy makers will consider expanding their bond purchase plan when they review its progress in November on concern the economy’s recovery […]

Slovenia Won’t Meet EU Budget Limit Before 2012, Krizanic Says

Euro region member Slovenia, which is facing European Union criticism over its fiscal policy, won’t bring the budget deficit back in line with EU […]

Australia’s Trade Deficit Narrows as Oil Imports Fall

Australia’s trade deficit narrowed in August as imports of oil and consumer goods fell.
The shortfall narrowed to A$1.52 billion ($1.33 billion) from a […]

China’s Baosteel seeks stake in Anglo mine: report

Chinese steel and iron ore group Baosteel has proposed to pay 1 billion pounds ($1.6 billion) for a 30 percent stake in Anglo American’s […]

Slovenian Rating at Risk If Economy Slips, Fitch Says

Slovenia’s credit rating, the highest in east Europe, may be downgraded if the worst performing economy in the euro region deteriorates further, Fitch Ratings’ […]

Pain in Spain May Linger as Banks Seek to Avoid Property Losses

Maria Jose Lozano, a civil servant from Madrid, left a recent property fair empty-handed after discovering that home prices were still out of reach […]

Sluggish U.S. Economy May Bring Equity Correction, Spence Says

The performance of the U.S. economy is probably more sluggish than reflected in stock markets, risking a correction in equities, Nobel Prize-winning economist Michael […]