By Bloomberg News [Bloomberg] -- China's move to raise the cost of three-month bills will probably lead to the nation's first interest-rate increase in almost three years by September, a survey of economists showed. The People's Bank of China will lift the benchmark one-year lending rate to 5.85 percent by year-end from 5.31 percent now, according ...

TIM GEITHNER IS STARTING TO SEE DAYLIGHT

While the Troubled Asset Relief Program is winding down, it will still be used to aid small banks. On Dec. 9, Treasury Secretary Tim Geithner exercised his option to extend the TARP bailout program until October 2010. And according to Bloomberg.com, House Majority Leader Steny Hoyer has suggested that lawmakers may seek ...

A media rights group Thursday called for the dismissal of "baseless" charges against three people accused of spreading false rumours about the Thai king's health that sent stocks plunging last month. Reporters Without Borders (RSF) said the three Thai Internet users arrested this month were being used as "scapegoats" for October's drop in the market over concerns about ...

A media rights group Thursday called for the dismissal of "baseless" charges against three people accused of spreading false rumours about the Thai king's health that sent stocks plunging last month. Reporters Without Borders (RSF) said the three Thai Internet users arrested this month were being used as "scapegoats" for October's drop in the market over concerns about ...