– By Dave Graham, Reuters The Bundesbank's decision to ask the German president to dismiss a divisive board member has put him and his ally Chancellor Angela Merkel in a jam: they'll
– By Edward Taylor and Arno Schuetze, Reuters Leading bankers played down concerns an uneven economic recovery and planned stringent new capital rules could plunge the sector into more ructions. Speakers at
– By Nicholas Paisner, Reuters Breakingviews When American banks began raising private capital in early 2009, it marked the beginning of a vertiginous rebound for U.S. financial stocks. Europe's lenders will be
– By Martin de Sa'Pinto, Reuters Assets in Europe's top 50 hedge fund managers rose by 11 percent to $300 billion between January 2009 and June 2010, helped by a surge of
. By James Regan, Reuters The formation of Australia's Labor minority government, supported by independent and Green MPs, will see iron ore and coal miners hit by a new resource tax, but
. Australian Labor Prime Minister Julia Gillard will know on Tuesday if she can form a new minority government with the support of three independents, ending more than two weeks of uncertainty
. Japan needs fiscal reform targets to tackle its massive debt but existing goals heavily influenced by bureaucrats should be reviewed, said an aide to the ruling party powerbroker challenging Prime Minister
. By Dave Graham, Reuters German central banker Thilo Sarrazin has divided public opinion with remarks about Muslim immigrants and comments about the genetic make-up of Jews, prompting calls for him to
. Sweden's centre-right coalition government, seeking a new four-year term in an election next month, has pledged tax cuts for pensioners and more health spending. The centre-right Alliance bloc, led by the Moderate
. The EU foreign affairs chief will urge EU states next month to back trade concessions for Pakistan as worries grow about the impact of devastating floods on the stability of its
