Opposition parties are willing to collaborate with ruling party Barisan Nasional to call on a vote of no confidence to oust the Malaysian leader, says Gooi Hsiao Leung, member of parliament.» Read More
The European Union has extended a blacklist of individuals and companies with links to Iran’s nuclear and ballistic missile programs as it looks to clamp down on investment and technology transfer into the country.
The CEO of Europe's largest insurer by gross premiums and market capitalization has called for more aid for Greece and a plan to help the country's growth, according to German media reports.
French Finance Minister Christine Lagarde is the clear favorite to replace Dominique Strauss-Khan as the next boss of the International Monetary Fund.
S&P cut its outlook on Italian debt at the weekend, citing fear over its growth record, weak reform process and the likely impact of reducing its high government debt.
The European Central Bank is facing a potential crisis of its own because of "skeleton" risks amounting to several hundreds of billions of euros on its balance sheet, Dow Jones reported quoting Der Spiegel magazine.
I spoke with the terribly smart, tough, fiscal conservative Sen. Tom Coburn (R-OK) about why he walked out of the "Gang of Six" bipartisan budget talks. In short, what he told me was that the "Gang of Six" budget-cutting package was simply too small.
Worry about Greece's debt struggles, Spanish elections and a Bundesbank warning on German growth combined to drive the euro lower, and put investors on alert ahead of the weekend.
Gene Simmons voted for Barack Obama, but thinks Donald Trump makes more sense. Better yet, the rocker/entrepreneur suggests we make him "benevolent dictator" for six months and he'd cut $7 trillion in debt. Unions, watch out.
While it’s a great idea to engage the one group responsible for systemic risk on the biggest systemic risk looming (the debt crisis), but the fact the FSOC hasn’t already addressed it means they are already behind the curve in what they are supposed to be doing.
On paper Kemal Dervis would seem to be the perfect candidate to succeed Dominique Strauss-Kahn as leader of the International Monetary Fund. The New York Times reports.
As the IMF gets ready to choose a successor to Dominique Strauss-Kahn, who resigned following his arrest on charges that he sexually assaulted and raped a hotel housekeeper, it would be a good thing to step back for a moment and ask: What should the IMF do?
Fighting inflation in times when commodity prices increase is part of the future challenges the European Central Bank (ECB) will have to face, Gertrude Tumpel-Gugerell, executive board member of the ECB, said in an exclusive interview with CNBC Friday.
Mahmoud Ahmadinejad could chair the June meeting of the Organisation of Petroleum Exporting Countries, giving the Iranian president a platform and an opportunity for the country to force a way out of its growing isolation.
Professionals working in the City of London mull changing employers this year, with more than half saying they definitely intend to find a new employer this year, according to a recent survey, while another survey showed finance professionals among the top earners.
With slow job growth, anemic economic growth at 1.8%, and a looming debt crisis, the United States is searching for answers. One of the solutions offered is individual and corporate tax reform.
Japan's in a recession, IMF leadership's in play, and the Brazilian real is on a rolll. Time for your daily FX Fix.
The recent rally for the dollar will not last and should be used as a chance to short the greenback as America’s geopolitical influence ebbs away, according to David Murrin, a hedge fund manager and author of Breaking the Code of History
The French finance minister, Christine Lagarde, was on a panel at the World Economic Forum in Davos this January when her usual smile turned into a frown. Next to her, Robert E. Diamond Jr., chief executive of Barclays and one of the most powerful bankers in the world, thanked regulators and finance ministers for their role in shaping a better environment after the financial crisis.
German Chancellor Angela Merkel reiterated on Thursday that she wanted a European to become the next IMF chief and that Dominique Strauss-Kahn's exit before the end of his term was an argument in favour of such a move.
Are Dominique Strauss-Kahn's troubles creating a buying opportunity? This pro says yes.