Euro zone governments faced pressure at the weekend to increase the size of their rescue fund for crisis-hit member states and avert a new bout of market turmoil that could threaten the stability of the currency bloc.
China's inflation is unlikely to reach the heady levels seen in 2006-2008 because the economy is showing no signs of overheating, prominent economist Fan Gang said in comments published on Sunday.
The International Monetary Fund's chief Dominique Strauss-Kahn said on Saturday the global economic outlook was not that bad but uncertainties remained in the United States and Europe.
Greece must try to cut deficits and pursue economic reforms at a faster pace to persuade markets of its ability to dig out of its debt crisis, its central banker said in a newspaper interview published on Sunday.
The hacking of Google Inc that led the Internet company to briefly pull out of China was orchestrated by two members of China's top ruling body, according to U.S. diplomatic cables released by WikiLeaks and cited by The New York Times on Saturday.
Gold rose almost 2 percent on Friday, ending the week on $1,414 an ounce just a few dollars below the all-time record, as the dollar tumbled after disappointing jobs data cast doubt on the strength of the U.S. economic recovery.
Blackstone Group's high-profile chief executive and co-founder Stephen Schwarzman is temporarily moving to Paris, a source familiar with the situation said on Saturday.
The European Union's permanent rescue fund should be larger than the money available currently and the increase could be made before 2013, Belgian Finance Minister Didier Reynders said on Saturday.
Google Inc has agreed to buy Seattle-based anti-piracy software firm Widevine in a bid to boost its online video services, the world's dominant Internet search company said on its official blog.
Europe's sovereign debt crisis will still hang over global markets next week, but on Wall Street, investors will not be afraid to bet on stocks.
Germany on Saturday categorically denied a British newspaper report that Chancellor Angela Merkel warned Berlin might leave the euro during a heated exchange at a summit of European Union leaders at the end of October.
LimeWire, the music file-sharing service embroiled in a lengthy legal challenge from the music industry, said on Friday it would be shutting down by the end of the year and closing its sole office in New York.
Ireland's tax take will rise by five percent next year, the country's finance department predicted on Saturday, just days before it will test a fragile economic recovery with the harshest budget on record.
More speculative traders are bearish on U.S. 10-year Treasury futures than bullish for the first time since August, data released on Friday showed.
General Electric Co , Eaton Corp and private equity firm Warburg Pincus remain in the race for BAE Systems Plc's Platform Solutions unit as the auction reaches the final stage, two people familiar with the matter said on Friday.
Stocks closed their best week in a month on Friday, shrugging off tepid jobs growth in a sign that the rally may have further to run.
Auctions of $123 billion in U.S. securities will draw traders' focus in the U.S. government securities market next week and could push U.S. Treasury yields higher.
Citigroup Inc said Carlos Gutierrez, former Commerce Secretary under President George W. Bush, will join the bank as vice chairman for its institutional clients group, the bank said on Friday.
The Ontario Teachers' Pension Plan said Friday it was not in talks, nor was it anxious to sell, its majority stake in Maple Leaf Sports and Entertainment, the owner of the Toronto Maple Leafs hockey team and the Toronto Raptors basketball team.
Three of the world's most influential newspapers have finally come to terms with the notion that charging readers online is the only way to survive.
Google Inc has signed a deal to buy a huge Manhattan building, where it is a tenant, for $1.8 billion in one of the largest sales of a single building this year, according to a person close to the transaction.
The Ontario Teachers' Pension Plan said on Friday it was not in talks, nor was it anxious to sell, its majority stake in Maple Leaf Sports and Entertainment, the owner of the Toronto Maple Leafs pro hockey team and the Toronto Raptors pro basketball team.
Federal Reserve Chairman Ben Bernanke did not rule out further purchases of Treasury bonds beyond the $600 billion program announced last month, CBS television reported Bernanke as saying in an interview on the show 60 Minutes.
John Kinnucan, the owner of an independent research firm that has been implicated in a major insider trading investigation, said he received a subpoena on Friday morning to provide federal prosecutors with documents dating back to January 2008.
U.S. regulators unveiled plans on Friday that will determine which companies and funds will be forced to hold more cash to trade in the lucrative over-the-counter derivatives market.
U.S. stocks rose on Friday to close out their best week in a month, shrugging off tepid jobs growth in a sign that the rally may have further to run.
U.S. employment barely grew in November and the jobless rate unexpectedly hit a seven-month high, hardening views the Federal Reserve would stick to its $600 billion plan to shore up the anemic recovery.
A bold plan to slash the U.S. budget deficit fell short on Friday of winning support needed from a presidential commission to trigger congressional action, but it was expected to help shape future budget debates.
Google Inc admitted to trespassing, but will pay just $1 to resolve a lawsuit over its use of photos of a couple's Pennsylvania home for its Street View mapping service.
German strength propelled the recovery of the euro zone's dominant services economy in November, surveys showed on Friday, after China declared a new prudent monetary stance to help regulate its fervent growth.
