The Aussie dollar remained relatively range bound on Friday bouncing between 0.8650 and 0.8700 for the majority of the Asian session.
Reassurances about debt-strapped Greece and agreement that banks should pay for future rescue funds capped an international meeting in Canada's Arctic, as European policymakers sought to convince jittery markets that they have things under control.
The idea of a global tax on banks to recapture bailout costs gained ground on Saturday, boosted by the Obama administration's latest proposals, but there was no agreement on a specific design.
Treasury Secretary Timothy Geithner insisted on Saturday that major economies were not easing up on their commitment to stiffen the rules for banks just because the global economy was recovering.
Finance chiefs from the world's rich powers focused on the euro zone's debt crisis at an Arctic summit and a top official said Europe was determined to solve its problems without the International Monetary Fund.
Finance chiefs from the world's rich powers opened an icy summit on Friday mulling how to prevent worry about deepening southern European debt from derailing an already fragile global recovery.
A dispute over control of $370 million in assets traced to accused Ponzi schemer Allen Stanford is holding up disbursement of the funds, but the liquidators and the receiver in the case are in talks to settle the matter, liquidators for Stanford's Antigua bank said on Friday.
BAE Systems Plc, the largest European defense contractor, said on Friday it will pay a $400 million fine to the U.S. government and plead guilty to a criminal charge as part of a settlement to end a more than two year investigation.
Six major powers on Friday discussed efforts to persuade Iran to halt its nuclear enrichment program but China made clear it wants them to keep talking rather than impose new sanctions on Tehran.
BAE Systems Plc , Europe's biggest defense contractor, will pay around $450 million in fines to end a long-running corruption investigation on both sides of the Atlantic.
Funds and property valued at about $370 million traced to accused Ponzi schemer Allen Stanford have been located, but disputes over control of the assets are holding up disbursement, liquidators for Stanford's offshore bank said on Friday.
Researchers from Britain's Cambridge University tested the device on 17 children with type 1 diabetes during a series of nights in hospital and found it kept their blood sugar levels within the important normal range for 60 percent of the time.
U.S. private equity firm Blackstone and British buyout firm Resolution Group have talked to National Australia Bank about teaming up for its possible bid for more than 300 Royal Bank of Scotland branches, people familiar with the matter said.
British state prosecutors said on Friday they would charge four legislators with false accounting over alleged abuses of the parliamentary expenses system.
The outlook for recovery in most of the world's major economies improved in December but the indicator for China dipped slightly, according to an OECD survey released on Friday.
Kraft Foods on Friday said it had 75.41 percent acceptances from Cadbury Plc shareholders by 1900 GMT on February 4 in its takeover of the British confectioner and will now move to delist Cadbury no earlier than March 8.
The Australian Dollar opens sharply lower today against the greenback at 0.8650 dragged down by a lower Euro and weaker global stocks and commodity prices overnight.
Toyota Motor Corp expects costs and lost sales from its massive safety recall to total $2 billion by the end of March, keeping it in the red for the year despite its strongest profit in six quarters.
Toyota Motor Corp expects costs and lost sales from its massive safety recall to total $2 billion by the end of March, keeping it in the red for the year despite its strongest profit in six quarters.
Nearly all Europe-related stocks, bonds and exchange traded funds are selling heavily during the morning New York session.
Toyota Motor Corp expects costs and lost sales from its massive safety recall to total $2 billion by the end of March, keeping it in the red for the year despite its strongest profit in six quarters.
Britain and India have reached an outline agreement on cooperation in the nuclear fuel sector, British Business Secretary Peter Mandelson said on Thursday.
