Feb 18 The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
* The G-20, the world's largest economies, will face the
first test of their ability to present a united front on
currency policy when foreign-exchange markets open in Asia on
* German Economy Minister Philipp Rosler warned that the
return to strong growth in Europe's largest economy later this
year depends on stabilization of the euro zone.
* The U.S. Treasury market's heyday of soaring prices is
likely over, but some bond managers say there could be one more
run. Treasury prices surged after the 2008 financial crisis,
dragging yields to an all-time low of 1.4 percent at one point
from more than 4 percent, as the Federal Reserve has bought
trillions of dollars in Treasurys to help prop up the economy.
* Officials from India will visit Italy this week as the
country intensifies its investigations into bribery allegations
regarding a helicopter deal worth almost 560 million euros
($747.62 million) with a division of Italian defense contractor
* The French investment bank Natixis disclosed a
plan to simplify its structure even as it reported a plunge in
fourth-quarter net profit.
* South Korean President-elect Park Geun-hye nominated state
think-tank chief Hyun Oh-seok as finance minister for her
incoming government to steer Asia's fourth-largest economy - a
move that isn't likely to see any significant change to current
* Europe's flagship effort to limit greenhouse-gas emissions
faces an existential threat as the price of emissions has fallen
dramatically, eroding an incentive for industries to pollute
less and forcing policy makers to weigh environmental priorities
against economic concerns.