Bank Of China Headline News:Five bank closures to cost FDIC fund $1.5 bln - Investors Business Daily SHANGHAI— Tiger Woods stalled with pars. Phil Mickelson poured it on with birdies. The back nine Saturday at the HSBC Champions changed names atop the leaderboard, as Mickelson made three birdies over the last five holes for a 5-under 67 that took ... Posted Date: Sat, 07 Nov 2009 18:42:00 GMTMickelson passes Tiger, grabs two-stroke edge in China - USA Today In the quiet of the clubhouse dining room, Mickelson could only imagine what it would be like Sunday, when he played in the final group with Woods for the first time in more than four years. Smiling and raising his glass in a mock toast, he said ... Posted Date: Sat, 07 Nov 2009 18:27:00 GMTChina presses developed world on economic policy - Reuters ST ANDREWS, Scotland, Nov 7 (Reuters) - China on Saturday shrugged off international pressure to appreciate its currency, saying developed countries should focus on the quality of their own economic policy-making. Chinese Finance Minister Xie Xuren ... Posted Date: Sat, 07 Nov 2009 17:51:00 GMTGeithner, Brown Split on Tobin Tax as G-20 Seeks Rebalancing - Bloomberg Chinese Currency Tensions also flared over China’s currency policy and how to fund the fight against climate change. While Chinese central bank Governor Zhou Xiaochuan said he doesn’t think his country is facing too many foreign demands to let ... Posted Date: Sat, 07 Nov 2009 17:23:00 GMTPhil Mickelson takes lead at HSBC Champions tournament - SLAM! Sports SHANGHAI, China - A round of 67 saw Phil Mickelson move up from a two-shot deficit against Tiger Woods into a two-shot lead after 54 holes of the HSBC Champions tournament Saturday. A rivalry that was renewed six weeks ago at the Tour Championship in ... Posted Date: Sat, 07 Nov 2009 18:06:00 GMTGold projected to reach $1,100 an ounce by year end - Business24-7 Seasonal demand Walter de Wet, Global Head of Commodity Research at Standard Bank, said: "We expect gold to be around ... and a stable stand taken by the world's major central banks [keeping benchmark rates at record low levels] led to an uptick in ... Posted Date: Sat, 07 Nov 2009 18:06:00 GMTUPDATE: G20 Sets Timetable For Policies To Rebalance Econ - NASDAQ ANDREWS, Scotland -(Dow Jones)- Finance ministers and central bank heads from the Group of 20 leading economies approved a timetable for ... the euro zone and China accepting and responding to criticism of their economic policies. Japanese officials ... Posted Date: Sat, 07 Nov 2009 18:56:00 GMT3RD LD: G-20 agrees on schedule to work for more balanced economy+ - Big Hollywood The launch of the framework is aimed at encouraging countries with trade surpluses such as China and Japan to boost domestic demand and those spending ... From Japan, along with Bank of Japan Governor Masaaki Shirakawa, Senior Vice Finance Minister ... Posted Date: Sat, 07 Nov 2009 17:30:00 GMTUnited Commercial Bank is shut down, sold to East West Bancorp - Los Angeles Times Toppled by loan losses and misstated financial reports, San Francisco's United Commercial Bank was shut down by regulators Friday night and immediately sold to Pasadena's East West Bancorp, creating by far the largest U.S. bank focused on the Chinese ... Posted Date: Sat, 07 Nov 2009 17:30:00 GMT |