G20
Germany's Merkel visits Pope, urges tougher market controls
VATICAN CITY - German Chancellor Angela Merkel met Pope Francis on Saturday and, apparently responding to his criticism of a heartless "dictatorship of the economy", called for stronger regulation of financial markets. | Video
Germany's Merkel visits Pope, urges tougher market controls
* Francis recently issued strong call for financial reform
OECD sees action on corporate tax avoidance
MOSCOW - International leaders are moving closer to taking action on corporate tax avoidance, despite challenges, a top official at the Organisation for Economic Co-operation and Development (OECD) said on Wednesday.
Regulators set September deadline for derivatives deal
LONDON - Financial regulators have given themselves until September to try to resolve differences over how to supervise derivatives markets in the wake of the financial crisis, a U.S. watchdog said on Wednesday.
Regulators set September deadline for derivatives deal
* Transatlantic spats focus on cross-border scope of rules
Indonesia' has $6.6 billion deficit in Q1 balance of payments
JAKARTA, May 15 - Indonesia had a balance of payments deficit of $6.6 billion in the first three months of this year, due to weak global demand coupled with low investment, the central bank said on Wednesday.
INTL FCStone buys online commodities exchange in Asia push
NEW YORK, May 14 - Mid-sized U.S. commodities brokerage INTL FCStone Inc said on Tuesday it plans to buy online commodities exchange Cleartrade Exchange in its first major push into Asia and a sign it wants to harness potential growth from regulatory reform.
UPDATE 1-Australia delays promised budget surplus as election looms
CANBERRA, May 14 - Australia's struggling Labor government on Tuesday used the last budget before national elections to delay a long-promised return to surplus, blaming a stubbornly high Australian dollar and lower commodity prices for a dramatic fall in revenues.
Singapore steps up international cooperation on tax evasion
SINGAPORE - Singapore, the world's fourth-biggest offshore financial center, said on Tuesday it will adopt new measures to make it easier to share information on potential tax evaders with other countries, including the United States.
UPDATE 2-Singapore steps up international cooperation on tax evasion
* Tax authority will be able to obtain bank info more easily
Infographic
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Global GDP comparison
A graphical look at the world's top economies by size and per-capita production. Interactive
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