IBT Staff Reporter

The Group of 20 will become the forum for global economic management, giving rising powers such as China more clout, and roll out tougher rules on bank capital by the end of 2012, a draft communique said on Friday.

Sep 25, 2009

The dollar slipped on Friday after a draft communique from Group of 20 leaders said economic stimulus measures would remain in place for now, suggesting U.S. interest rates would remain low.

Sep 25, 2009

U.S. stock index futures edged higher on Friday ahead of key data expected to show new orders for durable goods rose slightly.

Sep 25, 2009

Rising Powers at Table; Way Opening for Buyouts; Loan Losses Grow

Sep 25, 2009

Goldman Sachs Group Inc expects to benefit from the new over-the-counter derivatives and commodity trading rules owing to its strong technology position, said a Citigroup analyst, who met with Goldman management, and raised his earnings outlook for the bank.

Sep 25, 2009

Global stocks struggled near a 1-1/2 week low on Friday despite a pledge by the Group of 20 countries to keep emergency economic stimulus in place until a durable recovery is secured, helping underpin government bonds.

Sep 25, 2009

Bank lending, which plummeted after the credit crunch, remains constrained and leveraged buyout deals are still difficult to arrange.

Sep 25, 2009

U.S. regulators say that the level of losses from syndicated loans facing banks and other financial institutions tripled to $53 billion in 2009, due to poor underwriting standards and the continuing weakness in economic conditions.

Sep 25, 2009

The global market for initial public offerings rebounded decisively in the third quarter, on the strength of large deals in Asia and a U.S. market that emerged from its doldrums.

Sep 25, 2009

Financial and consumer-related shares rose in Asia and the U.S. dollar turned lower on Friday as G20 leaders pledged in a draft statement to keep some stimulus supports in place until a recovery is clearer.

Sep 25, 2009

Asian stocks fell and the U.S. dollar extended gains on Friday after central banks said they were winding down extraordinary stimulus measures, raising fears the days of fast flowing liquidity were numbered.

Sep 25, 2009

U.S. regulators say that the level of losses from syndicated loans facing banks and other financial institutions tripled to $53 billion in 2009, due to poor underwriting standards and the continuing weakness in economic conditions.

Sep 25, 2009

U.S. regulators say that the level of losses from syndicated loans facing banks and other financial institutions tripled to $53 billion in 2009, due to poor underwriting standards and the continuing weakness in economic conditions.

Sep 25, 2009

Banks led by JPMorgan Chase & Co reaped a bonanza of underwriting fees from debt and equity capital-raisings in the third quarter but a deepening slump in M&A activity depressed overall investment banking fees.

Sep 25, 2009

Technology such as mobile internet devices and virtual realities will have a profound impact on educational institutions over the next three years, according to a report released at a Griffith University symposium today (September 25).

Sep 25, 2009

Wall Street's biggest firms have seen their overall share of dealmaking erode over the past decade as boutique and mid-sized firms lure away rainmakers and provide niche expertise.

Sep 25, 2009

A Texas man accused of insider trading related to Dell Inc's planned purchase of Perot Systems Corp helped rescue two American hostages from Iran in 1979, the Wall Street Journal said on its website.

Sep 25, 2009

Britain's takeover watchdog is reviewing private comments by Cadbury Plc's chief about the company's valuation amid a potential takeover by Kraft Foods Inc, saying Todd Stitzer had stoked uncertainty in the market, the Financial Times reported.

Sep 25, 2009

A government task force set up to help revive Japan Airlines Corp said on Friday it would review the carrier's turnaround plans from scratch and that splitting it into good and bad parts was an option.

Sep 25, 2009

China's largest video game operator, Shanda Games Ltd, priced its U.S. IPO at the top of its indicated range to raise $1 billion in the largest U.S. IPO this year, a source said on Friday.

Sep 25, 2009

Shares of A123 Systems Inc, a maker of lithium-ion car batteries, had the second-best debut of any 2009 U.S. initial public offering, rising 50.3 percent in their first trading session, far outpacing the four other stocks that came to market on a particularly busy day for IPOs.

Sep 25, 2009

Love the post-exercise high but could do without the pain? A new research study has revealed a super supplement that reduces damage and speeds recovery in muscles that have been injured through overuse. It's called creatine.

Sep 25, 2009

For decades, men and women have decreed that when it comes to sex, It's not the size of the boat but the motion of the ocean.

Sep 25, 2009

New analysis from the Australian Bureau of Statistics shows how family life is changing in Australia and how pushed many working parents are time, according to a leading work-life expert.

Sep 24, 2009

G20 Tackles Bank Pay; Policy Needs Not Obvious; Citi Shrinks

Sep 24, 2009

EBay Inc Chief Executive John Donahoe said on Wednesday that recent lawsuits will not derail a $1.9 billion deal to sell a majority interest in Web telephone unit Skype to an investor group.

Sep 24, 2009

Hewlett-Packard Co predicted that overall IT spending would bounce back next year, but set a fiscal 2010 revenue forecast that came in just below Wall Street's expectations.

Sep 24, 2009

The U.S. Federal Reserve may have to raise interest rates from their currently ultra-low setting near zero before the need to take action becomes obvious, Fed Board Governor Kevin Warsh said on Thursday.

Sep 24, 2009

The U.S. Federal Reserve may have to raise interest rates from their currently ultra-low setting near zero percent before the need to take action is obvious, Fed Board Governor Kevin Warsh said on Thursday.

Sep 24, 2009