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Global watchdog official says banking reforms must proceed

TORONTO (Reuters) - The underperforming global economy should not be allowed to delay financial system reforms, a senior official at the Financial Stability Board (FSB), a global watchdog set up by the Group of 20 nations, said on Tuesday, adding that the FSB will propose new rules on so-called shadow banking by year-end. Bank of Canada Senior Deputy Governor Tiff Macklem, who chairs a key FSB ...

Rajeev Malik: The global risk on-off fireball

The combination of India’s economic structure and recent dynamics positions it as a unique global risk on-off trade. Thus, when global risk-on is in play, as is the case now, all appears deceptively OK for India.

Global X Permanent ETF: Equal Allocation To Precious Metals, Stocks, Long-Term Treasuries, Short-Term Treasuries

Global X Permanent ETF: Equal Allocation To Precious Metals, Stocks, Long-Term Treasuries, Short-Term Treasuries

Caterpillar closes Electro-Motive plant in London

Caterpillar closes Electro-Motive plant in London

Storm warning: Financial tsunami heading this way

In today's global village, national coffers are more interconnected than ever before. And as the current economic crisis has proven, a downturn in one country can travel in a wave across the globe, like a financial tsunami. Now, researchers from Tel Aviv University, in collaboration with the Kiel Institute of World Economy in Germany, have developed a market "seismograph" — a new methodology ...