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SINGAPORE: Singapore's second-largest lender United Overseas Bank said quarterly profit fell a bigger-than-expected 5% as volatile markets hurt non-interest income and warned the credit crisis will hit the real economy.
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WASHINGTON (AP) -- Prospects dimmed Monday for enactment of a $25 billion bailout for the faltering auto industry before year's end, as congressional Democrats and the Bush administration seemed headed for a stalemate. Help for Detroit's Big Three ...
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BRUSSELS, Belgium - European Union leaders backed a 100-day deadline by which the world's leading economies should decide urgent global finance reforms, French President Nicolas Sarkozy said Friday. Sarkozy, who chaired a special meeting of EU ...
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