President says project could stimulate the economy and keep the US competitive in the race for innovation with other countries
Three-year loan is part of €10bn bailout deal agreed with lenders last month that prevented the meltdown of the country’s banking sector
Worse than expected numbers are blamed on employers’ caution over healthcare costs and the tapering off of rebuilding after superstorm Sandy
Matthew Taylor turns himself in to US authorities on securities-related charges over alleged fabricated trades that led to a $118m loss
Central bank investigates claims lender hid up to $12bn in losses during financial crisis by misvaluing credit derivatives
A leading dove at the Federal Reserve said it could start tapering off its QE3 programme this summer in a sign of how debate has shifted
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Worse than expected numbers are blamed on employers’ caution over healthcare costs and the tapering off of rebuilding after superstorm Sandy
Matthew Taylor turns himself in to US authorities on securities-related charges over alleged fabricated trades that led to a $118m loss
Central bank investigates claims lender hid up to $12bn in losses during financial crisis by misvaluing credit derivatives
A leading dove at the Federal Reserve said it could start tapering off its QE3 programme this summer in a sign of how debate has shifted
Japan’s currency falls nearly 3% against the dollar after the Bank of Japan surpasses expectations with the scope of its monetary easing
US banks are benefiting as rivals suffer decline in investment banking and capital markets activity, says Goldman president Gary Cohn
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With the measures, the currency in Cyprus is no longer worth the same as the currency held by any other bank in the eurozone, says Guntram Wolff
The search and advertising group wants to be rid of its Reader service because it is not manufacturing enough spaces for adverts, says Paul Ford
The treatment of the island shows that the eurozone is a group where the big nations’ interests stand highest, says Christopher Pissarides
A way to get people back to work is to reflate the asset markets. Central banks and treasuries should intervene to reflate the bubble, says Roger Farmer
The American strategic objective in its negotiations is to contain China’s rise by setting a high regulatory bar, writes Zaki Laïdi
The reassurance that Kim Jong-eun craves presents Barack Obama with an invaluable opportunity, writes Kishore Mahbubani
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