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  1. Business - Economy

    IMF says ’imperative’ for euro zone to revive growth

    Posted Jul 09th 2013, 10:42am by Reuters

    ... The euro zone must take coordinated action to revive economic growth, the International Monetary Fund (IMF) said in a strongly worded statement that cited the need to repair bank balance sheets, advance a banking union and support demand. “Growth remains ...

    http://www.scmp.com/business/economy/article/1278613/imf-says-imperative-euro-zone-revive-growth
  2. Business - Economy

    Portugal, Greece risk reawakening euro zone beast

    Posted Jul 04th 2013, 03:01pm by Reuters

    ... A teetering Portuguese government has underlined the threat that the euro zone debt crisis, in hibernation for almost a year, may be about to reawaken. From Greece to Cyprus, Slovenia to Spain and Italy, and now most pressingly Portugal, where the finance ...

    http://www.scmp.com/business/economy/article/1275300/portugal-greece-risk-reawakening-euro-zone-beast
  3. Business - Economy

    Norway’s economic star begins to lose its shine

    Posted Jun 27th 2013, 02:56pm by Reuters

    ... A boiler towers over a fjord on Norway’s south coast from a 116-year-old pulp mill, the largest employer in the town of Tofte. The 300 jobs may be gone by September, the deadline set by the loss-making plant’s Swedish owner to find a buyer or close, victi ...

    http://www.scmp.com/business/economy/article/1270240/norways-economic-star-begins-lose-its-shine
  4. Business - Economy

    French jobless total stable in May at record high

    Posted Jun 27th 2013, 12:34pm by Reuters

    ... French unemployment hit 14-year high of 10.8 per cent in March quarter The number of unemployed people in mainland France was stable in May with a negligible rise of 100 people, just nudging the total to a new all-time high of 3,264,500, labour ministry d ...

    http://www.scmp.com/business/economy/article/1270163/french-jobless-total-stable-may-record-high
  5. Business - Economy - ANALYSIS

    Greece awakens from coma but recovery likely to be anaemic

    Posted Jun 11th 2013, 10:58am by Reuters

    ... Evangelos Mytilineos told Reuters. Economic growth has been hampered by Greece’s cash-strapped banks cutting back on business loans or charging up to 10 per cent annual interest on them, making ...

    http://www.scmp.com/business/economy/article/1258322/greece-awakens-coma-recovery-likely-be-anaemic
  6. Business - Companies

    Apple faces EU questions over sales tactics

    Posted May 28th 2013, 10:27am by Reuters

    ... Reuters in Brussels European Commission said Apple’s iPhone distribution deals may breach antitrust rules EU antitrust regulators are seeking information whether Apple’s iPhone ... sent to mobile telecoms companies last Friday and obtained by Reuters, the European Commission said such behaviour may breach EU antitrust rules. The questionnaire followed informal complaints ...

    http://www.scmp.com/business/companies/article/1248009/apple-faces-eu-questions-over-sales-tactics
  7. Business - Economy

    Germans irked as Hollande says EU cannot dictate French reforms

    Posted May 31st 2013, 11:51am by Reuters

    ... French President Francois Hollande has angered Germany’s ruling conservatives with his comment that the EU executive cannot “dictate” reforms to member states. President Francois Hollande has pledged to carry out long overdue reforms of France’s pension s ...

    http://www.scmp.com/business/economy/article/1250382/germans-irked-hollande-says-eu-cannot-dictate-french-reforms
  8. Business - Economy

    Victory for Orban as Hungary exits EU’s budget sin bin

    Posted May 30th 2013, 11:12am by Reuters

    ... Hungary’s exit from the EU’s Excessive Deficit Procedure will also remove a threat of financial sanctions, effectively reducing the EU’s control over Budapest and its disputed policies. The European Commission has proposed to take Hungary off its list of ...

    http://www.scmp.com/business/economy/article/1249564/victory-orban-hungary-exits-eus-budget-sin-bin
  9. Business - Economy

    EU exec to move spotlight from austerity to reforms on Wed

    Posted May 28th 2013, 10:03am by Reuters

    ... European Commission expected to say that fiscal consolidation should continue but at a slower pace now that confidence in the euro is restored The European Commission will further shift the EU’s policy focus from austerity to structural reforms to revive ...

    http://www.scmp.com/business/economy/article/1247997/eu-exec-move-spotlight-austerity-reforms-wed
  10. Business - Banking & Finance - REGULATION

    Fed subjects big foreign banks to same standards as US ones

    Posted Feb 19th 2014, 03:12pm by Reuters

    ... Reuters in Washington Reform will subject foreign lenders to same standards as domestic rivals and is aimed at shielding US taxpayers from footing costly bailouts Fed adopts tough rule on banks The United States Federal Reserve adopted a tight new rule for foreign banks on Tuesday to shield the US taxpayer from costly bailouts, ceding only minor concessions despite pressure from ...

    http://www.scmp.com/business/banking-finance/article/1431091/fed-subjects-big-foreign-banks-same-standards-us-ones

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