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G20 proposes buffer to end too big to fail banks

The world's biggest banks should hold a buffer of bonds in case of a collapse so that government bailouts are avoided, a global regulatory body proposed on Monday.


Japanese lessor SMBC Aviation Capital buys 80 Boeing 737 Max planes

Japan's SMBC Aviation Capital has bought 80 Boeing Co (BA.N) 737 Max planes, the largest order from an aircraft lessor for the upgraded variant of the narrow-body jet.

Samsung Electronics to build $3 billion smartphone plant in Vietnam

South Korea's Samsung Electronics Co Ltd (005930.KS) has applied for a license to invest $3 billion in building a second smartphone factory in northern Vietnam, a government official said on Monday.

Panasonic CEO says considering white goods M&A in Europe

Japanese electronics conglomerate Panasonic Corp is considering M&A deals as a way to bolster its position in the European white goods market, its chief executive said on Monday.


Latest News

The euro zone economy is at risk of slipping into a self-fulfilling loss of growth momentum, European Central Bank Executive Board member Benoit Coeure said on Sunday, underlining the ECB's readiness to act if needed.
An oil field in southwest Libya has closed down, officials said on Sunday, becoming the third oil facility in the chaotic country to shut within a week.
Geely-owned Volvo Car Group said on Sunday it had begun production of its best-selling XC60 crossover at its plant in Chengdu, taking a further step toward supplying locally-produced cars in China as well as opening the door to overseas exports.
The Bank of Japan Governor not only surprised the markets with his latest splurge of monetary easing. He sprang it on his own board members just two days earlier, jolted into action to stop them making a low-ball forecast that might have sunk his flagship inflation target.
China Express Airlines has placed a firm order for 16 CRJ900 NextGen regional jets from Bombardier Inc (BBDb.TO), the Canadian firm said in a statement late on Sunday.
U.S. media giant Time Warner Inc (TWX.N) has approached struggling Australian broadcaster Ten Network Holdings Ltd (TEN.AX) about a A$680 million ($588 million) takeover bid, the Australian Financial Review reported on Monday.
India will push ahead with reform to a land purchase law blamed by business for slowing industrial projects, even if there is resistance to loosening the rules, Finance Minister Arun Jaitley said on Sunday.
BlackBerry, which has completed the first phase of its two-year turnaround plan, is now focused on profitability and will not spread itself thin by attempting to launch too many new devices, its chief executive said.
At a retreat for Merrill Lynch financial advisers in a luxury Orlando hotel last month, a group of several dozen men and women in business attire swung their arms back and forth over their heads to Kid Rock's "All Summer Long" to get their circulation going.
Asian shares held firm in early Monday trade after U.S. jobs data pointed to solid economic growth, while China's export performance showed more resilience than some had expected.