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Zoellick: Europe doing too little too late in crisis
BERLIN: European leaders dealing with the sovereign debt crisis have done too little, too late, outgoing World Bank chief Robert Zoellick said, warning that Europe risks losing influence and developing nations now face increasing market uncertainty.
News
Hedge fund managers in nervous mood for Monaco summit
MONACO: Three days in sun-soaked Monaco won't be enough to stir hedge fund managers from their downbeat mood, made worse by a euro zone crisis that has prompted much soul-searching about the industry's future after years of lackluster returns.
Central banks prepare for turmoil after Greek vote
FRANKFURT/LONDON: Central banks from Tokyo to London checked their ammunition on Friday in preparation for any turmoil from Greece's election, with the European Central Bank hinting at an interest rate cut and Britain set to open its coffers.
Greek voters set to decide euro future
ATHENS: Greeks voted on Sunday in an election that could decide whether their heavily indebted country stays in the euro zone or heads for the exit, potentially unleashing shocks that could break up the single currency.
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- Malaysian hard disk drive makers see higher demand
- Some companies contravening the Associations and the Competition Act
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