Health | Science | Technology | Space | Sports | Entertainment | Mobile | Games | Economy | Politics | Movies | Music | [Top News]

Basel committee seeks 9 percent Tier 1 capital: report (Reuters)

September 6, 2010

Reuters – Global banks will be required to hold Tier 1 capital of nine percent including a 3 percent so-called “conservation buffer,” German weekly Die Zeit reported, quoting a draft proposal from the Basel Committee, the body tasked with drawing up global banking rules.


Leave a Reply


Canadian PM to visit China next week (AP)

AP - Canada's prime minister heads to China next week where he'll discuss Canada's vast oil reserves in a visit that's being viewed as an "open warning" to the United States, which rejected a pipeline from Canada to Texas.

Romney focuses on Obama, Gingrich on Romney in NV (AP)

AP - A confident Mitt Romney accused President Barack Obama of failing to do enough to create jobs as he campaigned Friday ahead of GOP presidential caucuses this weekend in a state with sky-high unemployment and foreclosure rates. Newt Gingrich, who is fighting for a respectable showing here, rolled out ...

Wall Street analysts struggle to predict Apple (Reuters)

Reuters - Leitao is part of a cadre of amateur forecasters, bloggers and hobbyists who sift through reams of data every quarter to guess at Apple's quarterly results - often putting professional analysts to shame by coming up with more accurate predictions.

Analysis: Stock-picking makes a comeback as macro tides fade (Reuters)

Reuters - Stock-picking once again matters on Wall Street.

Hackers attack Greek Justice Ministry website (AP)

AP - Hackers have attacked the Greek Justice Ministry website to protest the government's signing of a global copyright treaty and its handling of the financial crisis.

U.S. Companies ‘Yammer’ for a Productivity Revolution (ContributorNetwork)

ContributorNetwork - SAN FRANCISCO -- In a pleasant surprise, the Department of Labor has reported an another increase in total nonfarm employment. The U.S. added 243,000 jobs in January, ticking the unemployment rate to 8.3 percent.

NY’s Schneiderman sues banks in foreclosure effort (AP)

AP - New York's attorney general on Friday accused some of the nation's largest banks of deceit and fraud in using an electronic mortgage registry that he said puts homeowners at a disadvantage in foreclosures.