EU ministers pushing bondholders in Greek deal

European finance chiefs piled pressure on Greece’s private creditors on Monday to voluntarily cut the country’s massive debt load, with the Dutch minister warning the […]

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World stocks mixed amid Greek debt talks

Asian stock markets rose Friday amid signs that the U.S. economy was picking up steam, but European shares opened lower as nervous traders awaited results […]

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China Said to Let Biggest Banks Boost Lending by 5% - Bloomberg

China

EU Iran Oil Embargo Over Nuclear Work Said Likely to Be Delayed Six Months - Bloomberg

A European Union embargo on imports of Iranian (OPCRIRAN) oil will probably be delayed for six months to let countries such as Greece, Italy and […]

China Trade Triggers $115 Billion Australia Ports, Railway Boom: Freight - Bloomberg

Australia is set for an A$112 billion ($115 billion) infrastructure boom as the nation adds ports and railways to feed China and India

Turning foreclosures into rentals

Federal officials hope to launch a pilot program in early 2012 to convert government-owned foreclosures into rental properties.
The program, which was cited by Federal […]

IRS estimates 17 percent of taxes went unpaid

People and businesses underpaid their taxes by an estimated 17 percent in the most recent year studied, meaning they failed to send the government $450 […]

Bids Double Offers on Tax-Exempt Debt as RBI Says Rates Peak: India Credit - Bloomberg

India

Australian Manufacturing Shows First Expansion Since June on Basic Metals - Bloomberg

Australian manufacturing (AIGPMI) expanded for the first time in six months in December, driven by gains in basic metals, transport and publishing, a private survey […]

Iran’s navy tests cruise missile as part of drill

Iran test-fired a surface-to-surface cruise missile on Monday during a drill that the country’s navy chief said proved Tehran was in complete control of the […]