Companies could save $200 billion by writing off capital investment. The president also announces a $50-billion spending plan for roads, runways and railroads.

One of the world's highest paid bankers, Bob Diamond, is to become chief executive of Barclays bank. The American, who has made about £100m as head of the bank's investment wing Barclays Capital, will replace the current chief executive John Varley ...

By Mayumi Otsuma - Tue Sep 07 04:42:37 GMT 2010 The Bank of Japan kept borrowing costs and the size of its liquidity injections unchanged, taking a pause in monetary stimulus to monitor the yen's moves and US economic data after expanding a credit ...

TKYO—The euro lost ground against both the dollar and the yen Tuesday as market concerns about the financial health of European banks came back to the fore.

BANGKOK - Asian stock markets mostly fell Tuesday but losses were limited amid easing worries over the pace of the global economic recovery.