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APEC seeks to build vast free trade area (Reuters)

November 10th, 2010

Japan's Foreign Minister Seiji Maehara (3rd L) and other foreign and trade ministers from the Asia-Pacific Economic Cooperation (APEC) countries pose for a family photo in Yokohama, south of Tokyo November 10, 2010. REUTERS/Yuriko NakaoReuters - * Draft says leaders to press for balanced growth


Tags: APEC, Trade, seeks, Vast, build, area, free, Reuters

Vast majority of EU banks pass “stress tests” (AP)

July 23rd, 2010

FILE -An Oct. 5, 2008 file picture showing the logo of the Hypo Real Estate bank in Berlin, Germany. Markets were on alert Friday July 23, 2010 , waiting for regulators to finally publish their investigation into the financial health of Europe's banking sector. The goal of the tests is to allay market fears that the banks are in trouble after a global recession and the discovery that many European countries were carrying too much government debt. German financial supervisors say the nationalized lender Hypo Real Estate Holding AG is the only German bank to fail the European stress test. (AP Photo/Michael Sohn,File)AP - All but 7 of 91 European banks passed the much-anticipated “stress tests” aimed at showing Europe’s banking system is sound enough to weather the continent’s debt crisis —…

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