Britain rejects EU calls for more fiscal cuts
The British government rejected on Tuesday calls by the European Commission for it to do more to cut its ballooning budget deficit in the medium term, saying such action would damage public services
Rate rise is '50/50 call each month'
Borrowers should fear the worst at each of the Reserve Bank of Australia's (RBA) board meetings this year.
Sluggish recovery threatens workers
THE Bank of England warned of "considerable uncertainty" over the labour market yesterday despite better recent news on jobs.
Sterling plunges on EU warning over UK debt
Sterling plunged back below $1.50 today after the European Commission warned the British Government that it was not doing enough to curb the country's spiralling debt.
Britain set to lose clash with France
Britain, Europe's center for investment funds, is set to lose a clash with France on new, tougher EU rules for the hedge fund industry that finance ministers will haggle over on Tuesday.
$A closes flat after RBA minutes
The Australian dollar closed flat after the minutes of the Reserve Bank of Australia's March 2 board meeting cooled market expectations of an April rate rise.
Germany revises 2009 export figures slightly upward
Germany says it has revised its 2009 export figures slightly upward. It now says exports were down 17.9 percent last year — an improvement on an even steeper preliminary report of 18.4 percent.
Strong loonie not so bad, Conference Board argues
With the loonie once again nearing parity with the U.S. dollar, a new report on the currency is giving hope it may not be the menace to the economy many believe it is.
Fed may signal how long rates will remain low
Federal Reserve policymakers might signal at their meeting today how and when the improving economy will lead to increasing record-low interest rates.
Gold ticks up on Europe debt worries, gains limited
Gold ticked up on Tuesdayon persistent worries about Europe's debt problems but some
investors were reluctant to take positions ahead of a meeting
of the U.S. Federal Reserve, which could squeeze the dollar.
US Fed to decide on lending rates
The US Federal Reserve was widely expected to keep its key lending rate at virtually zero percent Tuesday as financial markets look for signals of future monetary policy tightening.
Bank of Canada ignores Fed at its peril
There is some expectation that the U.S. Federal Reserve's policy-making committee will drop or change the words "exceptionally low" and "extended period" when it issues today's statement on interest rates.


