The European Securities and Markets Authority had sought for the imposition of a levy for non EU clearing house operators.

Marek Belka, Poland's Central Bank Governor, had urged local banks to find opportunities through purchase of local rivals that are owned by foreign banks.

The CFTC warned that all buyers must be allowed to participate and operations need to be transparent as required by the Dodd-Frank Act.

Real estate prices would not be picking up soon due to worry over rising borrowing cost rates, according to economist sentiments gathered by Reuters.

OCC would register in Europe in order help companies seeking to trade in equity derivatives based in Europe.

The Department of Telecom, upon the urging of the Comptroller and Auditor General, had confirmed the charges imposed on Bharti Airtel for improper spectrum use in seven areas.

Hong Kong's adherence to its rules may force the IPO of Alibaba to be done elsewhere. The largest shareholders of the Alibaba Group have backed the partnership structure proposed by the company that was the central issue of a debate as to the permission to list its shares in the bourse.

In an unprecedented sweep, several Japanese firms and their executives have been charged with conspiracy to undertake price fixing and agreed to settle amounts with the US Justice Department.

New product offers have been made by NASDAQ OMX such as USD10,000 contracts for its clients in the currency market.

JPMorgan Chase & Co are deep in the negotiations to settle the probes conducted at the state and federal levels.