BEIJING, Nov 13 - China's 4 trillion yuan ($586 billion) stimulus package will benefit the country's poor, but it will not rescue global commodity markets, J.P. Morgan chief China economist Frank Gong said on Thursday....
The International Monetary Fund, the European Union and World Bank on Tuesday agreed to a $25.1 billion economic rescue package for Hungary to help it deal with the effects of the financial crisis, the IMF said.
The $700 billion financial rescue package approved by Congress to shore up banks also carries a parallel bailout of the financial sector and other industries through a series of obscure tax breaks. Operating mostly under...
SEOUL, Oct 20 - Seoul shares wiped out initial gains to turn lower on Monday, with optimism over a $130 billion government rescue package for banks and markets countered by the perception that some measures...
BERLIN, Oct 20 - Germany has set strict conditions for banks that make use of its 500 billion euro ($674 billion) rescue package, including limits on managers' salaries, bonuses and severance, according to a draft...
BERLIN, Oct 20 - The German government has set strict conditions for banks planning to tap into its 500 billion euro rescue package, including limits on manager salaries, according to a draft of the law...
FRANKFURT, Oct 19 - Bavaria's public sector bank BayernLB will tap the German government's 500 billion euro ($673 billion) rescue package for 1 billion euros, Bavaria's state Finance Minister Erwin Huber said on Sunday. Huber...
BERLIN, Oct 13 - German Finance Minister Peer Steinbrueck said on Monday guarantees it had made for Hypo Real Estate are not included in the rescue package announced on Monday. "It's not included in these...
BERLIN, Oct 13 - German Finance Minister Peer Steinbrueck said on Monday he believes there should be pay caps on executives at banks that tap the government's rescue package. Steinbreuck said requirements the government will...
BRUSSELS, Oct 7 - The European Commission said it was informed by the British government of a rescue package for the U.K. banking system to be announced on Wednesday. "The U.K. authorities have informed the...