BEIJING - Currency markets will closely watch Chinese exchange rates to see how far Beijing will allow the yuan to rise after announcing the end of its two-year-old peg to the US dollar.
ATHENS - Greece's finance minister has warned that restructuring the country's debt would be "catastrophic" for its economy, in an interview published in the weekly Proto Thema.
NEW DELHI - India's Reliance Broadcast Network, part of the Anil Dhirubhai Ambani group, has signed a deal with the US-based CBS network to launch TV channels across south Asia, the company said.
LONDON - BP is trying to raise $US50 billion ($A57.58 billion) to cover the cost of the Gulf of Mexico spill and is preparing to sue its partners in the oil field, British newspapers said.
WASHINGTON - The White House has ratcheted up its condemnation of how BP is handling the Gulf of Mexico oil disaster, complaining bitterly that it has had to push the oil giant to do more - and move more quickly - at every step of the crisis.
BERLIN - European Central Bank chief Jean-Claude Trichet blamed France and Germany for helping to pave the way to the current debt crisis in the eurozone by setting a poor fiscal example.
LONDON - Britain's finance minister George Osborne has confirmed that his emergency budget to be unveiled this week will include a banking levy.
YAOUNDE - Rescuers hunting for a plane carrying 11 people including six Australian mining executives that went missing between Cameroon and Congo have called off the search for the night.
© Copyright 2004 by Merlea Investments