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U.S.'s Geithner - no double-dip slump but recovery slow

The risk the U.S. economy will slip back into recession is lower now than at any time in the past year, U.S. Treasury Secretary Timothy Geithner said on Sunday, while conceding that recovery willMore

G7 reassures on Greece, talks tough on banks

Reassurances about debt-strapped Greece and agreement that banks should pay for future rescue funds capped an international meeting in Canada's Arctic, as European policymakers sought to convinceMore

G7 focuses on Europe debt

Finance chiefs from the world's rich powers focused on the euro zone's debt crisis at an Arctic summit and a top official said Europe was determined to solve its problems without the InternationalMore

G7 mulls threat from euro debt woes for recovery

Finance chiefs from the world's rich powers opened an icy summit on Friday mulling how to prevent worry about deepening southern European debt from derailing an already fragile global recovery.More

Forex reserves fall $1.98 billion

India’s foreign exchange reserves fell $1.98 billion to $280.95 billion during the week ended January 29, mainly due to revaluation of currencies.More

RBI may not hike CRR as liquidity adequate: Kotak

The Reserve Bank of India (RBI) is unlikely to increase cash reserve ratio for banks at its policy review on Friday as the current surplus in the system is just adequate to meet likely fluctuations,More

S&P cuts outlook on Japanese bonds, cites heavy debt

Standard and Poor's ratings agency cut its outlook for Japanese government debt on Tuesday, citing reduced wiggle room on fiscal policy and voicing disappointment with the new government's budgetMore

Forex reserves up $741 m

India’s foreign exchange reserves went up by $741 million to $284.26 billion during the week ended January 8, mainly due to revaluation of currencies. More India business stories According to theMore

Asian c.banks move to contain currency strength

/SINGAPORE (Reuters) - Asian central banks intervened on Monday in an effort to temper a rally in their currencies as the dollar weakened, highlighting fears that rapid currency rises may hurtMore

Asian c.banks move to contain currency strength

/SINGAPORE (Reuters) - Asian central banks intervened on Monday in an effort to temper a rally in their currencies as the dollar weakened, highlighting fears that rapid currency rises may hurtMore

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