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Japan's Current Account Balance report showed the surplus shrink substantially more than economists expected to print at 125.4 billion yen, the smallest...

With UK interest rates now standing at a historic low of 1 per cent, both savers and borrowers are wondering if the Bank of England could follow the US Federal Reserve and Bank of Japan in cutting rates close to zero

Freddie Mac (FRE) offer lower payments to hundreds of thousands of loan holders, Reuters reports on its Web site Sunday, citing " sources familiar with the plan." According to the report, officials ...

LONDON (Reuters) - reports that the Royal Bank of Scotland (RBS) was about to award its staff a billion pounds in bonuses prompted outrage on Sunday at a time of soaring unemployment and with a deep r...

WASHINGTON (MarketWatch) -- A key Obama administration official said Sunday that new, soon-to-be-announced financial measures by the Treasury will include creating incentives for the private sector to invest in troubled banks. 'It can't all be private capital, but with the right kinds of government guarantees and the right kinds of financing, strategic approaches, [Treasury Secretary Timothy] Geithner believes we can bring in substantial private capital,' said Obama's chief economic advisor Lawrence Summers on Fox News Sunday. One measure the Treasury is considering would create a so-called 'bad bank' or 'aggregator bank' that would buy illiquid mortgage securities. It would be partly paid for by some of the remaining funds from the existing $700 billion Troubled Asset Relief Program fund, but the majority of the money would come from the private sector, according to a wall street Journal report Sunday.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they

MILAN, Feb 8 (Reuters) - Leading shareholders in UniCredit have already come forward to help the Italian bankreach a 3 billion euros target for extra funds after itsbiggest investor pulled out on Friday, newspapers said onSunday.

Bankers at the state-supported Royal Bank of Scotland may still receive bonuses, the chancellor of the exchequer said today, with an investigation announced by the Treasury last night unable to alter existing contractual obligations.The government is under pressure to rein in the award of bonuses to bankers at RBS after reports the bank had set aside a bonus pot of £1bn for its 177,000 employees. There is growing anger that bankers who mishandled billions in the run up to the recession may still be rewarded despite RBS being propped up by £20bn in taxpayers' money and in three weeks likely to post losses running to billions of pounds for 2008.Speaking on BBC1's Sunday AM programme today, Alistair Darling said he had reached an agreement with the chief executive of RBS that no one 'associated with losses' should be rewarded. However he appeared to concede RBS bankers were likely to receive bonuses out of sync with performance. The chancellor said: 'Obviously there are contractual proble

Investors at the Doha Securities Market (DSM) joined the bullish mood in the GCC and sent the DSM General Index 2.80% highe, closing at 5,303.66 points. Financial stocks lifted the market in particular: Salam Invest posted the biggest gain (up 8.79%), Al Khaliji Commercial Bank (8.33% higher) and Qatar Insurance (advancing 3.70%) were also among the top performers. Qatar's booming real estate secotr remains a driving force behind the finance sector, according to Global Investment House in Kuwait ('Global'). Real estate credit as a % of total credit is expected to rise by 1% this year, Global says in a report. [AMEInfo.com]

TORONTO - More Canadian companies are expected to dole out pink slips this week as earnings season heats up and weaker results could cause corporate Canada to pare costs to deal with a worsening recession. Dismal earnings reports often run hand-in ...

This week will be fairly light in the number of economic indicator releases, but some of the numbers could be very revealing. Tuesday's report on Wholesale Trade and Thursday's Business Inventories report, both from the Commerce Department, will give some clues as to what might happen with 1st quarter GDP as inventory buildup has [...]You're reading a post from Financial Options, hopefully in your feed reader and not on a scraper site. Click through for the original and more like it.Financial Roadmap: The Week Ahead February 9 to 13, 2009