Sweden's SEB bank posts 2Q loss

Swedish banks exposed to eastern Europe’s sicker economies had a bad quarter. SEB made a small loss after writing off investments in Russia, Estonia, Lithuania and Latvia (where the IMF forecasts GDP to shrink by 12% this year).

Wells Fargo Shows Hefty Profit

Wells Fargo posted hefty earnings, but also revealed a sharp rise in bad loans.

Citigroup Delivers Surprise $4.3 Billion Profit

Citigroup made a profit of $4.3 billion, but it was saved from spilling more red ink only by the spin-off of its Smith Barney unit. Investors responded negatively to the news from both.

Bank of America Earns $3.2 Billion in Second Quarter

Bank of America reported a $3.2 billion profit, based mostly on one-time gains, such as selling part of its stake in China Construction Bank.

UK : Financial Reform More To Do

Banking reform should aim at those regulated, not just the regulator

America's Federal Reserve : On The Mend

The Fed's chairman talks up the economy

A Bloomberg poll found that 75% of global investors held a favourable view of Mr Bernanke’s handling of the financial crisis. The heads of the European Central Bank, the Bank of England and the People’s Bank of China had ratings of 54%, 50% and 42%. Timothy Geithner, America’s treasury secretary, got a 57% rating worldwide, although 52% of American respondents viewed him unfavourably.

Upheaval at Porsche : Exit Wiedeking

Wiedeking and Härter, in happier times
The predictable end of a long battle

Kenichi Ohmae

Domestic Despair

Ireland's economy is in free-fall

Decline Slows

Taiwan's deep recession may be easing

Arctic Peoples : Indigenous Prospects

The growing political and economic clout of Arctic peoples

The Big Mac Index : Value Meal

China's Recovery : A Fine Balancing Act

Is China's economic stimulus too much of a good thing?

Is Wall Street Back To Normal? Keeping Up With The Goldmans

Goldman Sachs’s record profits are not a signal to relax

A Crisis Of Confidence?

In a guest article Chris Bones, dean of Henley Business School, addresses the “crisis of confidence” in business leadership

Globalisation

So Long, And Thanks For All The Fish

Systemic Risk?

The size of Switzerland'sS big bank pose a risk to the economy

UK : 'Upturn Signs' In Housing Market

Premier Recul Annuel Des Prix À La Consommation Depuis 1994

Photo: Associated Press

German Economy Could See Growth Again In 2010

Strong Growth Suggests Singapore Emerging From Recession

This file photo taken on April 14, 2009 shows a river boat taxi (bottom R) sailing past highrise buildings in the financial district of Singapore (AFP photo)

Read also:
Singapore’s Economy Stages Comeback in Quarter
http://www.nytimes.com/2009/07/15/business/global/15asiaecon.html

Atlantic Nationals Boosts Metro Economy

Geithner Sees Confidence Return

World economy faces big challenges but the recession is ‘receding,' U.S. Treasurer says

Geithner Says Global Economy Faces Recovery Setbacks

Canadian Recovery Begins This Quarter : Conference Board

Canada's economy is expected to contract 1.9 per cent this year before growing 2.7 per cent in 2010, representing 'much weaker than typical post-recession growth,' the Conference Board of Canada said Monday.
Mark Ralston

Read also :

Canada economy to resume growth in H2- report
http://www.reuters.com/article/marketsNews/idUSN1316461020090713

Barriers To Entry, Exit And Mobility

C. Northcote Parkinson

Signs Of Hope For The Car Industry : Living On Scraps

As General Motors emerges from bankruptcy the worst may be over for carmakers

When a Bad Customer Service Becomes A Song

Read also :

Online video on damaged guitar a smash hit
http://thechronicleherald.ca/Front/9012514.html