WASHINGTON (Reuters) - The Treasury Department wants lenders and companies that process monthly mortgage payments to do more to rework troubled home mortgage loans and will announce new measures on Monday aimed at achieving that goal, a department spokeswoman said on Saturday.
CHICAGO (Reuters) - In a worrisome sign for retailers, data released on Saturday showed that sales rose a scant 0.5 percent on the traditional kickoff to the holiday shopping season despite early signs of a strong showing.
BEIJING (Reuters) - Premier Wen Jiabao on Sunday restated China's long-standing position that the yuan's exchange rate should be kept at a reasonable, balanced level.
DUBAI (Reuters) - The United Arab Emirates' central bank set up a facility on Sunday to support liquidity in the banking system Dubai's government sought to delay debt payments from two of its flagship firms, sending global markets lower.
GENEVA (Reuters) - Swiss bank UBS is threatening to move its headquarters out of Switzerland if the authorities impose too many new regulations in the wake of the global financial crisis, Swiss weekly paper Sonntag CH said.
NANJING, China (Reuters) - The euro zone's top economic officials pressed China on Sunday to let the yuan resume its gradual rise but said they were not counting on immediate results.
DUBAI (Reuters) - Dubai World has refused to offload assets at fire-sale prices to repay obligations, forcing it to seek a debt standstill, a newspaper report on Sunday quoted an unnamed source at the government-controlled firm as saying.
NEW YORK (Reuters) -Dubai, jobs data, Black Friday results and a chance for Congress to throw fireballs at Fed chief Ben Bernanke: The U.S. stock market's path to glory is fraught with peril next week.
TEL AVIV (Reuters) - IBM , the world's biggest technology services company, is expected to announce this week the acquisition of database security start-up Guardium for $225 million, Israeli financial newspaper TheMarker reported.
