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FINANCE NEWS

Indian authorities file new charges in Satyam scam
Wed 9:17am AFP
Indian federal investigators on Tuesday filed new charges against the founder of scandal-hit outsourcing giant Satyam in the nation's biggest case ...
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Japan finance minister urges BoJ to tackle deflation
Wed 8:57am AFP
Japan's finance minister said Tuesday that monetary policy is key to tackling deflation and urged the Bank of Japan (BoJ) to take on a more aggress...
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British watchdog fines Nomura £1.75 mln
Wed 7:01am AFP
Britain's financial watchdog said on Tuesday it had fined Japanese bank Nomura 1.75 million pounds for "widespread" failures of systems and control...
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Indonesian minister defends bank bailout
Wed 4:09am AFP
Indonesia's finance minister and central bank chief on Tuesday defended a 704-million-dollar lifeline thrown to a failed lender, which has become t...
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Nokia says it will cut 220 R&D jobs in Japan
Wed 3:37am AFP
Nokia, the world's biggest mobile phone maker, said on Tuesday it would cut around 220 jobs in Japan as part of its plans to streamline its vast re...
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India's Tata 'eyeing stake in rival vehicle maker'
Wed 3:29am AFP
India's largest carmaker Tata Motors is considering buying a stake in truck and bus manufacturer Swaraj Mazda, a report said Tuesday.
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Chinese banks to be punished for risky lending
Wed 3:02am AFP
China has issued a rare warning that it will impose curbs on banks unless they beef up their defences against bad loans as Beijing tries to put the...
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Japan govt urges JAL to slash pension payouts
Wed 2:23am AFP
Japan's transport minister Tuesday urged struggling Japan Airlines to slash its pension payouts before seeking a public bailout as investors dumped...
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STI 2,783.36 Up 3.38 (0.12%)Edit
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STI2,783.36 +3.38(+0.12%)
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