By Naomi Martig Hong Kong 11 March 2008 Bank of Japan Deputy Governor Toshiro Muto is asking lawmakers in Japan's divided parliament to support his candidacy as central bank chief. As Naomi Martig reports from Hong Kong, opposition members in parliam...
By VOA News 04 March 2008 The head of the U.S. central bank says the current housing crisis in the United States demands a vigorous response. In a speech to a banking group in Florida, Federal Reserve Chairman Ben Bernanke said foreclosures and late...
By Tom Rivers London 03 March 2008 Britain's largest bank, HSBC, has written off $17.2 billion in bad debt after the U.S. housing market slide hit the value of its loans in 2007. The annual loss is the largest reported amongst Britain's big five mort...
By Barry Wood Washington 14 February 2008 In a rare joint appearance before a congressional committee Thursday, the U.S. treasury secretary and the head of the central bank said the U.S. economy has weakened but will probably avoid recession. VOA's B...
By Lisa Bryant Paris 04 February 2008 Embattled French bank Societe Generale faces new worries with a trial opening Monday in Paris over a vast money laundering scandal that took place several years ago. The trial implicates staff and the bank itself...
By Barry Wood Washington 10 January 2008 The head of the U.S. central bank, Ben Bernanke, said Thursday that the Federal Reserve will cut interest rates if the economy weakens further. VOA's Barry Wood reports. Bernanke said the housing market is con...
By Robert Berger Jerusalem 04 January 2008 Israel is planning measures to curb settlement activity in the occupied territories. As Robert Berger reports from VOA's Jerusalem bureau, the move comes in response to pressure from the United States. Israe...
By Robert Berger Jerusalem 31 December 2007 Israel is taking steps to curb settlement activity in the West Bank. But as Robert Berger reports from VOA's Jerusalem bureau, the Palestinians say it is not enough. Prime Minister Ehud Olmert has sent an...
By Robert Berger Jerusalem 17 November 2007 The United Nations has criticized Israel's controversial separation barrier in the West Bank. As Robert Berger reports from VOA's Jerusalem bureau, Israel has rejected the report, saying the fence is vital...
By Scott Bobb Johannesburg 14 November 2007 The World Bank says economic growth rates in sub-Saharan Africa have turned a corner and after decades of stagnation are catching up with the rest of the world. The organization made the statement in its an...