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The government's plan to set a positive economic example for Canadians by curbing its own operational spending was not harmed by Finance Minister Jim Flaherty's flight to London, Ont., this week, Stockwell Day said Sunday.

Germany mulling 'European IMF': finance minister (AFP via Yahoo! News)

Europe needs an institution similar to the International Monetary Fund to combat situations such as the Greek fiscal crisis, Germany's finance minister was quoted as saying Sunday.

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Gulf Finance House to set up Syrian unit (Business Times (Malaysia))

DUBAI: Bahrain's Gulf Finance House (GFH) said it was close to setting up a US$326 million (US$1 = RM3.37) unit in Syria as the Islamic investment bank looks to boost revenues in a relatively untapped banking market. Syria Finance House, with a capital of US$326 million, would be GFH's first expansion with the potential to bring additional fee income in about a year. GFH and other financial ...

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