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Sri Lanka buying gold 'to diversify reserves'

Sri Lanka buying gold 'to diversify reserves'

AFP - 2 hours 43 mins ago

COLOMBO (AFP) - Sri Lanka's central bank on Saturday said it has been buying gold to diversify its reserves amid volatile currency markets, days after India announced it had purchased 200 tonnes of the precious metal. More »

  • Brown - G20 should consider bank tax

    Reuters - 4 hours 16 mins ago

    ST ANDREWS, Scotland (Reuters) - A tax on financial transactions to fund future bank bailouts should be considered with urgency, Prime Minister Gordon Brown said on Saturday, a significant departure from London's line to date. More »

  • HIGHLIGHTS - Comments from G20 finmins, c.bankers meeting 

    Reuters - Yesterday, 07:54 pm

    ST ANDREWS, Scotland (Reuters) - Following are comments on Friday from Group of 20 finance ministers and central bank policymakers meeting in Scotland. More »

  • Mickelson leads Woods by two in China

    Mickelson leads Woods by two in China

    AFP - 5 hours 18 mins ago

    SHANGHAI (AFP) - Phil Mickelson birdied the last for a two stroke lead over Tiger Woods and Nick Watney at the HSBC Champions on Saturday, setting up a dream finale to the World Golf Championship event. More »

  • Mickelson leads Woods by two in China PGA

    AFP - 5 hours 49 mins ago

    SHANGHAI (AFP) - Phil Mickelson birdied the last hole on Saturday to take a two-stroke lead over Tiger Woods and Nick Watney at the HSBC Champions, setting up an enticing finale in the World Golf Championship event. More »

  • HIGHLIGHTS - Comments from G20 finmins 

    Reuters - 6 hours 4 mins ago

    ST ANDREWS, Scotland (Reuters) - Following are comments on Saturday from Group of 20 finance ministers, central bank policymakers and officials meeting in Scotland. More »

  • HSBC slashes prize money of Women's Champions

    HSBC slashes prize money of Women's Champions

    AFP - 8 hours 25 mins ago

    SHANGHAI (AFP) - Global banking giant HSBC said it was renewing its sponsorship of the Women's Champions tournament for the next three years, but prize money would be slashed. More »

  • Darling pushes for G20 climate deal

    Press Assoc. - 8 hours 26 mins ago

    Leading finance ministers and bank governors will get down to business at the G20 summit as they try to nurse the global economy back to health. More »

  • Berkshire Hathaway's net income triples 

    Reuters - Yesterday, 11:48 pm

    NEW YORK (Reuters) - Warren Buffett's Berkshire Hathaway Inc on Friday said quarterly earnings tripled, as rising stock markets boosted its investment holdings and a quiet hurricane season contributed to higher insurance profit. More »

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