Reuters:
TAIPEI (Reuters) - The United States plans to resume arms sales to Taiwan and warned of a build-up of missiles aimed at the island by China, a top U.S. diplomat said Tuesday.
. (Read More)
Reuters: International News:
SINGAPORE (Reuters) - A powerful earthquake with a magnitude of 6.8 was recorded 126 miles east-northeast of the Pacific island nation of Tonga on Tuesday, the United States Geological Survey said.
. (Read More)
Reuters:
NEW YORK (Reuters) - Raj Rajaratnam, the billionaire founder of Galleon Group, on Tuesday rejected federal insider trading charges, and accused the government of violating his constitutional rights with its use of wiretaps.
. (Read More)
New York Times:
The government said the economy grew at a 2.8 percent pace, instead of the 3.5 percent growth rate it estimated a month ago.
. (Read More)
Reuters:
KABUL (Reuters) - Afghanistan will hold a conference on corruption in the near future, an official said on Tuesday, at a time when President Hamid Karzai has come under pressure from Western countries to root out rampant graft in his government.
. (Read More)
Reuters:
COLOMBO (Reuters) - Sri Lanka's top soldier, who quit the army last week sparking speculation he planned to run for president, petitioned the Supreme Court on Tuesday to order the government to provide him with massively increased security.
. (Read More)
Reuters:
SHANGHAI/HONG KONG (Reuters) - Chinese banks, under government pressure to shore up their finances, are set to unleash a wave of billions of dollars in capital raising that could strain equity markets but also spur innovation in debt instruments.
. (Read More)
Reuters:
NEW YORK (Reuters) - Raj Rajaratnam, the billionaire founder of hedge fund firm Galleon Group, denied federal insider trading charges and accused the government of violating his constitutional rights with its use of wiretaps.
. (Read More)
Reuters:
WASHINGTON (Reuters) - The U.S. government insurance fund used to safeguard bank deposits dropped to a balance of negative $8.2 billion in the third quarter, the first time since 1992 that it had a negative balance, the Federal Deposit Insurance Corp said on Tuesday.
. (Read More)
Reuters: Mergers News:
NEW YORK, Nov 24 (Reuters) - Citigroup offered a
stake in the bank to the Brazilian government in the beginning
of the year, when the financial crisis crippled the U.S.
banking system, Brazilian Energy Minister Edison Lobao said on
Tuesday.
. (Read More)
Reuters: Environment:
CANBERRA/COPENHAGEN (Reuters) - Australia took a step toward carbon trading on Tuesday when the opposition promised to support a revised government scheme, aiding the outlook for a U.N. climate summit in Copenhagen next month.
. (Read More)
Reuters:
WASHINGTON (Reuters) - U.S. President Barack Obama's decision on a new strategy for the war in Afghanistan carries political peril as his Democratic party gears up for tough mid-term elections next year.
. (Read More)
Reuters:
WASHINGTON (Reuters) - The White House said on Tuesday that the United States and India would establish a new economic partnership and that U.S. Treasury Secretary Timothy Geithner would travel to India for its launch early in 2010.
. (Read More)
Reuters:
WASHINGTON (Reuters) - The Pentagon envisages carrying out President Barack Obama's anticipated troop buildup in Afghanistan gradually at a pace of about one brigade per quarter, U.S. officials said on Tuesday.
. (Read More)
Reuters:
PARIS (Reuters) - Half of the losses suffered by banks could still be hidden in their balance sheets, more so in Europe than in the United States, the International Monetary Fund's chief, Dominique Strauss-Kahn, was quoted as saying on Tuesday.
. (Read More)