The European Commission proposed the creation of a new agency that would close and revamp failed banks.

Angela Merkel wanted to push for free trade but told EU allies not to sweep America's secret surveillance under the carpet.

A global blueprint that was supposed to eradicate manipulation of benchmarks was expected to stumble due to patchy implementation.

The Financial Stability Oversight Council designated American International Group and GE Capital as systemically important to the financial system.

Last Monday, the Indian government said that it would give preference over locally made electronics goods for procurement in the government and private sector.

According to Michael Steinberg's lawyers, his trial might be biased due to the wall-to-wall media coverage.

Prime Minister Shinzo Abe faced a tough test on whether or not permit foreign firms operating in Japan to easily fire out workers after IBM was sued for illegal termination of employees.

Perry Capital LLC investors filed a suit against the US Treasury and the Federal Housing Finance Agency for the bailout terms it had set for Fannie Mae and Freddie Mac.

Sebi announced its verdict on the dairy scheme utilized by HBN Dairies and Allied Ltd. Sebi made its move today to prevent an investment scheme involving public funds collection that were used to purchase cattle.

The Competition Commission of India (CCI) said that it would approve the proposed Jet-Etihad deal provided that the two carriers supply it with enough information.