|
North Korea not restarting nuclear disablement yet: South
;SEOUL (Reuters) - South Korea has not seen signs of North Korea restarting work to take apart its nuclear plant as Pyongyang pledged to do at the weekend, a government official said on Monday, but Seoul could send aid once that work begins.
|
UK bank bail-out to take big stakes in RBS, HBOS
LONDON (Reuters) - Britain waded in with 37 billion pounds ($64 billion) of taxpayers' cash to bail out three major banks on Monday, in a move that could leave it as the main shareholder in at least two of them.
|
Obama has four-point lead on McCain
;WASHINGTON (Reuters) - Democrat Barack Obama has a 4-point lead over his Republican rival John McCain in the U.S. presidential race, according to a Reuters/C-SPAN/Zogby tracking poll released on Monday.
|
McCain considering new economic plan
WASHINGTON (Reuters) - Republican presidential candidate John McCain is considering rolling out a new comprehensive economic package to tackle the U.S. financial crisis, one of his closest supporters said on Sunday.
|
Democrats call for massive U.S. economic stimulus plan
;WASHINGTON (Reuters) - The United States needs a new economic stimulus plan that pumps billions of dollars into infrastructure projects and budget relief for cash-strapped state and local governments, Democratic lawmakers said on Sunday.
|
Governments bail out banks to avert global meltdown
LONDON (Reuters) - Governments across the world moved on Monday to shore up confidence in the tottering global financial system with a slew of bank bailouts worth hundreds of billions of dollars.
|
Morgan Stanley and MUFG renegotiating pact: source
;NEW YORK (Reuters) - Japan's Mitsubishi UFJ Financial Group, which has watched Morgan Stanley's share price plunge 58 percent last week, is seeking more favorable terms to its $9 billion deal, a person briefed on the matter said.
|
Spain's Santander confirms in talks to buy Sovereign
MADRID (Reuters) - Spain's largest bank Santander is in talks to buy U.S. bank Sovereign Bancorp Inc, but that no deal has yet been reached, Santander said in a statement on Monday.
|
Wells Fargo wins Fed approval on Wachovia bid
;WASHINGTON (Reuters) - The Federal Reserve on Sunday gave its stamp of approval to the takeover of Wachovia Corp by Wells Fargo&Co of San Francisco, which had battled New York-based Citigroup for ownership of the wounded bank.
|
Photos of North Korea leader Kim may be old: media
SEOUL (Reuters) - Pictures of North Korean leader Kim Jong-il issued by the communist state may be several months old and possibly taken before his reported illness, South Korean media said on Monday, raising more questions about his health.
|
