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
* Francis recently issued strong call for financial reform
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.
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.
* Transatlantic spats focus on cross-border scope of rules
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.
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.
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 - 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.
* Tax authority will be able to obtain bank info more easily