WASHINGTON, Dec 10- The United States will not implement the so-called Volcker rule before 2015, a top regulator said on Tuesday, a widely expected move after regulators struggled for years to agree on the ban on proprietary trading.» Read More
NEW YORK, Aug 28- The U.S. dollar rallied across the board on Wednesday as investors sought the greenback's safety given the possibility of Western military action in Syria.
LONDON, Aug 28- The suicides of two top executives in Switzerland has prompted calls for greater support for boardroom highfliers.
WASHINGTON, Aug 28- Life spans are long, and not everyone lives on a "house and kids by 30, first million by 50" kind of schedule. Nevertheless, there are financial milestones that it helps to hit at every stage. Here is my list, by decade.
NEW YORK, Aug 28- Enrolled in Medicare and want to join the ground war against fraud? The government estimates that it loses some $60 billion a year to Medicare fraud and waste, and as it gears up to launch its giant healthcare reform program to provide affordable coverage for every American, putting a stop to this is at the top of the agenda.
JOHANNESBURG, Aug 28- South African gold producers are preparing for bruising strikes that could start as early as Sunday, with some companies planning for stoppages of up to three months in a high-stakes fight between capital and labour in Africa's biggest economy.
BRASILIA, Aug 28- Brazil's economy is recovering gradually from the slowdown that began in mid-2011, but more efforts to boost productivity, competitiveness and investment are critical for spurring growth, the International Monetary Fund said on Wednesday.
CAIRO, Aug 28- Egypt's cabinet approved on Wednesday an additional 22.3 billion Egyptian pounds in spending on investment projects to boost the economy over the coming 10 months, Deputy Prime Minister Ziad Bahaa el-Din said.
DAMASCUS, Aug 28- Syrians in the capital Damascus are racing against time to prepare for a foreign strike, with many hoarding supplies and others scrambling to find accommodation further away from potential military targets.
*Switzerland to announce joint statement with US on tax row. ZURICH, Aug 28- Switzerland said it is ready to end a long-running dispute with U.S. prosecutors over Swiss banks that have sheltered tax evaders, without disclosing any terms of the deal.
LONDON, Aug 28- British Foreign Secretary William Hague called on Wednesday for the United Nations Security Council to try to stop the bloodshed in Syria by agreeing a UK- backed resolution to take "necessary measures" there to protect civilians.
Aug 28- Zale Corp posted higher-than-expected fourth-quarter comparable sales on Wednesday, led by big gains at its flagship chain, and reported its first profitable fiscal year since the financial crisis in 2008.. Zale has about 1,076 jewelry stores and operates Zales and Gordon's Jewelers among other chains.
*Western forces gear-up for attack on Syria. LONDON, Aug 28- The threat of an attack by Western powers on Syria contributed to falls in European shares on Wednesday with travel stocks bearing the brunt of investor concerns, but a spike in oil prices boosted energy suppliers.
WASHINGTON, Aug 28- Contracts to purchase previously owned U.S. homes fell for the second straight month in July, a sign that rising mortgage rates are taking the steam out of America's housing market recovery. Higher mortgage rates beginning to take some bloom off the buoyancy in the housing market, "said Millan Mulraine, an economist at TD Securities in New York.
LIMA, Aug 28- Peru will likely post a $720 million trade deficit this year- the first gap in more than a decade- instead of the $644 million surplus the government had forecast in May, the finance ministry said on Wednesday.
TORONTO, Aug 28- National Bank of Canada reported a stronger-than-expected 10.6 percent rise in quarterly profit on the back of higher wealth management and trading income, pushing its stock to a 17- month high on Wednesday. Net income rose to C $419 million, or C $2.39 per share, in the third quarter ended July 31, from C $379 million, or C $2.14 per share, a year earlier.
BRASILIA, Aug 28- Brazil will likely boost interest rates for a fourth straight time on Wednesday, economists say, keeping up its aggressive campaign to fight inflation and regain investors' trust in Latin America's largest economy.
*Britain to seek UN Security Council go-ahead on Syria. NEW YORK, Aug 28- Energy shares buoyed Wall Street on Wednesday as oil prices jumped after the United States and its allies appeared ready to attack Syria, raising concerns over global oil supplies.
*BoE may add stimulus if markets get ahead of themselves. *BoE's forward guidance was clear, Carney says. NOTTINGHAM, England, Aug 28- Bank of England Governor Mark Carney warned financial markets on Wednesday that the bank would pump more money into Britain's economy if they bet against it and choked off recovery.
AMMAN, Aug 28- President Bashar al-Assad's forces appear to have evacuated most personnel from army and security command headquarters in central Damascus in preparation for a Western military strike, residents and opposition sources said on Wednesday.
TRIPOLI, Aug 28- Libya is seeking a peaceful way to end oil strikes that have crippled its crude exports but will take alternative action if needed, Prime Minister Ali Zeidan said on Wednesday.