VENTURE CAPITAL POST

The finance ministers of Japan and South Korea will hold their first bilateral meeting in nearly two years on Friday, on the sidelines of this week's autumn IMF gathering in Washington, the Japanese Ministry of Finance said.

A selloff on Ukraine's dollar debt is focusing attention on a controversial $3 billion bond held by Russia, raising investor concerns that President Vladimir Putin could use the issue to trigger a cascade of defaults across Kiev's sovereign Eurobonds.

Greek Prime Minister Antonis Samaras announced cuts on Saturday to unpopular taxes introduced at the height of Greece's debt crisis, in a bid to show that over four years of austerity are finally nearing an end.

Greece expects its economy to grow in the third quarter, its first quarterly expansion since the start in 2008 of a crippling recession that has wiped out nearly a quarter of GDP, its finance minister said on Saturday.

More than 380 people were arrested in a race riot that occurred Sunday in Moscow.

The European Commission approved the restructuring plan of BCP, Portugal's largest listed bank.

Greece's economy still critical despite slight improvement.

The US State Department announced an international travel alert for terrorist attacks in the Middle East, North Africa and South Asia.

Dominique Strauss-Kahn joins the Russian Regional Development Bank, a Rosneft-owned bank.

The IMF announced that the euro zone must take a coordinated action to revive economic growth

Greece was expected to receive Eur8.1 billion from Euro-area finance ministers.

The International Monetary Fund approved Pakistan's US$5.3 billion loan to help the nation stabilize its struggling economy.

The International Monetary Fund said the markets overreacted even if the US Federal Reserve didn't know how to stop buying bonds.

The IMF released Ireland's aid fund for its bailout due to 'steadfast' economy.

Greece is required to sell off its energy company shareholdings as part of their bailout deal.