 TOKYO (Reuters) - The Bank of Japan eased monetary policy by boosting asset purchases on Thursday at a rate review that was cut short by a day, signaling its determination to support Tokyo's solo currency intervention to weaken the yen. | |
 WASHINGTON (Reuters) - The world's largest economy was headed toward an unprecedented default, and all Washington wanted to talk about was the manner in which the president had left a room. | |
 NEW YORK (Reuters) - The pace of growth in the services sector ticked down unexpectedly in July to the lowest level since February 2010 and the number of jobs created by the private sector also slowed, reports showed on Wednesday. | |
 TOKYO (Reuters) - Hitachi Ltd and Mitsubishi Heavy Industries Ltd have begun talks to merge, three sources with knowledge of the matter told Reuters, a move that would bring much needed consolidation to corporate Japan. | |
 AMMAN, Aug 4 Reuters) - At least 45 civilians were killed in a tank assault by Syrian President Bashar al-Assad's forces to occupy the center of Hama, an activist said on Thursday, in a sharp escalation of a military campaign aimed at ending an uprising against his rule. | |
| Retail sales seen rising in July Wed,3 Aug 2011 09:08 PM PDT Reuters - NEW YORK (Reuters) - Deep discounts and the warmest July weather in decades should help retail chains report a rise in monthly sales, with many expecting warehouse clubs and high-end chains to lead the way. Full Story | |
 FRANKFURT/MADRID (Reuters) - Spain plans to auction up to 3.5 billion euros ($5 billion) of bonds on Thursday as the European Central Bank meets on policy, with investors hoping the ECB will signal a more aggressive approach to fighting the euro zone's debt crisis. | |
 LONDON (Reuters) - A major new hacking attack underscores that governments and companies are losing the war against cyber thieves, but it's unclear if the disclosure will prompt quicker global action against online break-ins. | |
 Bonn, Germany (Reuters) - Deutsche Telekom said it was on track to meet its targets after the group's second quarter profit was hit by restructuring charges mainly for staff in Germany. | |
 WASHINGTON (Reuters) - Attorney General Eric Holder will reassure families of September 11 victims when he meets them later this month that the Justice Department is seriously investigating allegations that News Corp reporters tried to hack victims' phones. | |
 CAIRO (Reuters) - Egypt's Hosni Mubarak, accused of corruption and involvement in killing protesters, went on trial Wednesday, delighting those who overthrew him and ringing an alarm bell for other autocrats around the Arab world. | |
 WASHINGTON (Reuters) - The United States stepped back from the brink of default on Tuesday but congressional approval of a last-ditch deficit-cutting plan failed to dispel fears of a credit downgrade and future tax and spending feuds. | |
 LONDON/WASHINGTON (Reuters) - Growth in much of the world's service sector was anemic in July as firms around the world worried about the debt crisis in Europe and the U.S. as a well as slowing consumer demand, business surveys showed on Wednesday. | |
| Gun lobby fights Mexico border rifle sale control Wed,3 Aug 2011 02:54 PM PDT Reuters - WASHINGTON (Reuters) - The U.S. gun industry on Wednesday sued to block requirements that weapons dealers along the border with Mexico report multiple sales of semi-automatic rifles, escalating the fight with the Obama administration. Full Story | |
 LONDON/FRANKFURT (Reuters) - With financial markets in turmoil and economic growth slowing, policymakers around the world may once again be forced to cooperate to try to head off a crisis, as they did successfully in 2008-2009. But this time, they have fewer good options. | |
 CHARLOTTE, North Carolina (Reuters) - MasterCard Inc said second-quarter profit jumped 33 percent, as inflation in the United States lifted spending volume and more international consumers used debit and credit cards. | |
 ZURICH (Reuters) - The Swiss National Bank announced a shock cut in interest rates and threatened more action to cap a soaring Swiss franc, but the impact was expected to be short-lived given the currency's safe-haven appeal amid mounting concerns about global growth. | |
 -- Lawrence H. Summers is the Charles W. Eliot University Professor at Harvard and former U.S. treasury secretary. He speaks and consults widely on economic and financial issues. The opinions expressed here are his own. -- | |
 NEW YORK (Reuters) - Big media companies reported strong results but a bleak economic outlook has investors worried over whether they can deliver again in the face of high unemployment and slumping U.S. consumer spending. | |
 LONDON (Reuters) - Somalia is most at risk from terrorist attack, followed by Pakistan, Iraq and Afghanistan and the new nation of South Sudan, according to a ranking by global analysts Maplecroft. | |
 LONDON (Reuters) - Heather Mills was quoted on Wednesday as saying a journalist at British publisher Trinity Mirror, owner of the Daily Mirror tabloid newspaper, had hacked her phone before she was married to former Beatle Paul McCartney. | |
 LONDON/FRANKFURT (Reuters) - With financial markets in turmoil and economic growth slowing, policymakers around the world may once again be forced to cooperate to try to head off a crisis, as they did successfully in 2008-2009. But this time, they have fewer good options. | |
 BOSTON (Reuters) - Security experts have discovered an unprecedented series of cyber attacks on the networks of 72 organizations globally, including the United Nations, governments and corporations, over a five-year period. | |
 SYDNEY (Reuters) - A young Australian woman was freed from a suspected bomb collared around her neck early on Thursday after 10 hours of drama that lasted past midnight and captivated the nation with police saying they were still investigating the incident. | |
 NEW YORK (Reuters) - Time Warner Inc posted better-than-expected quarterly results, helped by stronger advertising, and ratcheted up its full-year outlook. | |
| Service sector slows in July: ISM survey Wed,3 Aug 2011 07:08 AM PDT Reuters - NEW YORK (Reuters) - The pace of growth in the services sector ticked down unexpectedly in July to the lowest level since February 2010, according to an industry report released on Wednesday. Full Story | |
 MOGADISHU (Reuters) - The famine gripping parts of southern Somalia has spread to three new areas of the country, with the entire south likely to be declared a famine zone within the next six weeks, the United Nations said Wednesday. | |
 NEW YORK (Reuters) - The number of planned layoffs at U.S. firms rose to a 16-month high in July as sectors which had been seeing fairly few layoffs unexpectedly bled jobs, a report on Wednesday showed. | |
 WASHINGTON (Reuters) - The U.S. debt ceiling crisis had an unnecessary negative impact on the economy, President Barack Obama said on Wednesday, while a congressional impasse over aviation could cost the government $1 billion in lost revenues. | |
 NEW YORK (Reuters) - The United States had its triple-A rating confirmed by two key ratings agencies on Tuesday after Washington struck a last-minute deal to avoid a debt default, but threats of future downgrades remain. | |
 TOKYO (Reuters) - Japan kept markets on guard for currency intervention and more monetary easing on Wednesday, with the finance minister vowing to stem the yen's rise and the prime minister calling for central bank action to protect the economy. | |
 Singapore (Reuters) - In a matter of days, investor relief that the United States avoided default has been replaced by fears Europe's debt crisis is deepening and the world's biggest economy may be slipping back into recession. | |
 NEW YORK (Reuters) - Goldman Sachs has stuck with the same auditing firm since 1926, Coca Cola since 1921, General Electric since 1909 and Procter & Gamble since 1890. That's going back 85, 90, 102 and 121 years. | |
 SINGAPORE (Reuters) - Asia's best hope for insulation against a worsening economic outlook in the United States and Europe rests on China, and it may not be willing or able to do the job. | |
| Exclusive: China mulls new regulator for state financial sector Wed,3 Aug 2011 12:07 AM PDT Reuters -  BEIJING (Reuters) - China is considering a proposal to create a ministerial-level body to manage its state-owned banks and non-bank financial enterprises, two sources with knowledge of the plan said, a move that would strengthen Beijing's grip on its lenders. | |
 HONG KONG/LONDON (Reuters) - Asia-focused bank Standard Chartered reported a record-beating 17 percent rise in first-half profits on Wednesday as a booming Hong Kong market and increased restraint on costs outweighed a slump in India. | |
 AMMAN (Reuters) - Syrian tanks occupied the main square in central Hama Wednesday after heavy shelling of the city, residents said, taking control of the site of some of the largest protests against President Bashar al-Assad. | |
 ROME (Reuters) - Financial market pressure on Italy intensified on Tuesday, sucking Europe's second biggest debtor nation deeper into the euro area danger zone and prompting emergency consultations in Rome and among European capitals. | |
 CAIRO (Reuters) - Egypt's Hosni Mubarak flew to Cairo on Wednesday where he will be tried for conspiring to kill protesters, the first Arab ruler to be put in the dock since uprisings swept the region. | |
 LONDON (Reuters) - Stuart Kuttner, managing editor of the News of the World for 22 years, was arrested and later freed on bail on Tuesday over a phone-hacking scandal at the now-defunct tabloid that has rattled Britain's establishment, a source close to the case said. |
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