International

• Tuesday, October 26th 2010 - 04:46 UTC

  Singapore wants to merge with Sydney and create Asia’s second financial hub

  

  The Singapore stock exchange (SGX) has unveiled a multi-billion dollar bid for the company that owns the Australian Stock Exchange (ASX) in Sydney. If approved the 8.3 billion take-over would mark the first stock exchange merger in the Asia Pacific region.

• Tuesday, October 26th 2010 - 02:32 UTC

  Iglesias praises agreement to giver emerging economies greater say in IMF

  

  Enrique Iglesias, Ibero-America secretary general praised the G-20 decision to reform the IMF giving greater representation to the emerging economies but warned that the so called “currencies war” threatens to trigger a dangerous bout of protectionism at world level.

• Monday, October 25th 2010 - 21:45 UTC

  Qatar interested in buying Christie’s to help with kingdom’s museum collection

  

  Qatar, the wealthy Gulf Arab state whose foreign assets include London property and investments in Volkswagen, may buy Christie's auction house to bolster its cultural credentials, the Financial Times said.

• Monday, October 25th 2010 - 21:07 UTC

  Rescued miners honoured at presidential palace in Santiago

  

  The 33 miners saved from underground hell in Chile have been honored as heroes at the presidential palace, but have lost out at soccer against a team of rescuers captained by President Sebastian Piñera.

• Monday, October 25th 2010 - 03:28 UTC

  PM Cameron: Cuts Are Right And Hit Rich Hardest

  

  David Cameron has again defended his Government's spending cuts, insisting they are “fair” with society's richest shouldering the greatest burden.

• Monday, October 25th 2010 - 02:55 UTC

  US says China is “committed” to allow the Yuan to appreciate

  

  United States Treasury Secretary Timothy Geithner has said he believes China is now “committed” to allowing the Yuan to go up in value. Mr Geithner made the comment in a TV interview before he held talks with China's Vice-Premier, Wang Qishan.

• Sunday, October 24th 2010 - 02:15 UTC

  Asia leading global recovery but it’s time to tighten monetary policy, says IMF

  

  After leading the global recovery for a second year, Asia’s economic outlook remains positive but, in its latest report on the state of the region’s economy, the IMF cautions that inflationary pressures are emerging.

• Sunday, October 24th 2010 - 02:00 UTC

  G20 agrees review of IMF: Europe looses influence to developing countries

  

  The Group of 20 (G20) nations reached in Korea a dramatic deal on Saturday as China, the United States agree to avoid “currency war” and to refrain from having too much trade surplus or deficit.

• Saturday, October 23rd 2010 - 03:45 UTC

  G20 rejects as “planned economy” US proposal setting targets to trade imbalances

  

  US proposals that countries set targets to reduce trade imbalances appeared to be running into opposition at the G20 meeting of leading economies. US Treasury Secretary Timothy Geithner wrote to G20 members on Friday suggesting limiting surpluses and deficits to a percentage of output.

• Saturday, October 23rd 2010 - 03:34 UTC

  Land purchases by foreign investors, an “explosive cocktail” for small farmers

  

  Land purchases by foreign investors in poor countries and the growing use of bio-fuels are boosting pressures on agricultural farmland and helping make 500 million small farmers hungry, a U.N. envoy said this week.