SEC proposes new rules for credit raters - Forbes

SEC proposes new rules for credit raters - Forbes
Federal regulators on Wednesday proposed new rules designed to stem conflicts of interest, expand disclosure for Wall Street's credit rating industry and flag the ratings of more complex securities. The Securities and Exchange Commission is seeking

'Scottish Islamic state plotted' - BBC News
Plans to set up a secret Islamist state in Scotland were discussed by two supporters of jihad, a court has heard. The pair said it could provide a safe haven for those who felt "oppressed", London's Blackfriars Crown Court heard. Jurors heard the

China's yuan breaks 6.91-mark to hit new high - Xinhua News Agency
BEIJING, June 12 (Xinhua) -- China's currency, the yuan, Thursday ended a short-lived downward adjustment to break the 6.91 mark, setting a new high against the U.S. dollar since the country depegged its currency from the greenback in July 2005. On

A British team won't win Euro 2008 but the British punters are winning - Guardian Unlimited
Bookmakers' confidence that the European Championship would be popular with punters proved well founded. However, that does not mean the layers did not suffer. Ladbrokes reported £2.5m losses so far, with a £100,000 bet on Portugal to beat Turkey

India Morning Call - Global Markets - Reuters India
FOREIGN EXCHANGE NEW YORK - The dollar fell against the euro on Wednesday, snapping its best two-day advance against the single euro zone currency since 2005, with investors debating the relative outlook for interest rates in the United States and

Federal regulators clear way for E.W. Scripps Co. to split into 2 - International Herald Tribune
CINCINNATI : E.W. Scripps Co. says federal regulators have cleared the way for the media company to proceed with a plan to split into two public companies. As of July 1, the companies will operate as E.W. Scripps Co. and Scripps Networks Interactive