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Financial News

Dollar Falls to 14-Year Low Versus Yen, Asia Bank Stocks Fall; Metals Rise The dollar fell to a 14-year low against the yen, sending metals higher. Japanese exporter shares dropped and China stocks declined to a two-week low. European stock futures declined.

GE May Be Closer to Selling Control of NBC to Comcast as Immelt, Levy Meet General Electric Co. may be closer to selling control of NBC Universal to Comcast Corp. after Chief Executive Officer Jeffrey Immelt met with NBC’s minority owner Vivendi SA, two people with knowledge of the situation said.

British Banks Will Be Facing `World's Toughest Bonus Rules,' Walker Says U.K. banks will face the toughest bonus regime in the world if proposals outlined in a government- commissioned report are accepted, according to its author, Morgan Stanley & Co. Senior Adviser David Walker.

Fujii Says He's Watching Yen `Closely' as Currency Climbs to 14-Year High Japanese Finance Minister Hirohisa Fujii said the government is watching currencies “very closely” after the yen advanced to a 14-year high against the dollar, threatening the country’s export-led recovery.

Ameriprise Wins, Deutsche Bank Loses in Reserve Primary Money Fund Ruling A group of investors including Ameriprise Financial Inc. won a victory yesterday when a federal judge ordered the Reserve Primary Fund to distribute its assets equally among all shareholders.

Goldman Sachs's Hong Kong-Based Michael Evans Sells $12 Million of Stock Michael Evans, the Hong Kong-based vice chairman who was Goldman Sachs Group Inc.’s highest-paid executive officer last year, sold $12 million of stock this week, according to a company filing.

General News

Obama to Offer 17% Emissions-Cut Goal at UN Climate Summit in Copenhagen President Barack Obama will travel to Copenhagen for climate-change talks, where he’ll offer to cut U.S. emissions about 17 percent by 2020 in an effort to help break a deadlock between rich and poor nations.

Mumbai Marks Anniversary of Terrorist Attacks That Paralyzed Financial Hub Mumbai residents marked the first anniversary of a three-day assault on the city by Pakistani gunmen that forced a security overhaul in India’s financial hub and capsized peace talks between the two nations.

Putin Seeks Energy Partner, Car Rescue, Weapons Accord on Visit to France Prime Minister Vladimir Putin will arrive in Paris today aiming to strengthen ties with France by enlisting energy partners, seeking a rescue for the crippled Russian car industry and discussing a pioneering defense accord.


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