By Agency Reporter Wednesday, 15 Dec 2010 The European Central Bank may ask members for a capital increase to protect itself from any losses stemming from its government bond purchases, said a euro-area central bank official with knowledge of the talks, Bloomberg reported on Tuesday. Any new money would come from […]

By Agency Reporter Wednesday, 15 Dec 2010 Creditors of Lehman Brothers Holdings Incorporated, including hedge fund Paulson & Company, may file a competing reorganisation plan for distributing the bank‘s assets, a person familiar with the matter said. The plan, which may be filed this week, according to Reuters, would come more […]

By Agency Reporter Wednesday, 15 Dec 2010 South Africa‘s targeted consumer inflation quickened slightly more than expected in November, but analysts said it was still likely to ease in coming months and could allow another interest rate cut. Statistics South Africa said on Tuesday that CPI accelerated to 3.6 per cent […]