LISBON (AFP) - Portugal may request a third revision to deficit targets agreed with EU-IMF creditors as part of its 78-billion euro (S$126 billion) international bailout, Prime Minster Pedro Passos Coelho warned on Friday.
HELSNKI (REUTERS) - Opposing sides in the debate about whether countries should focus on austerity or growth overstate the true difference between their positions, Bank of England Governor Mervyn King said on Friday.
BAGNIA, ITALY (REUTERS) - Fiat Chairman John Elkann, at the centre of a political controversy in Italy over plans by truck and tractor maker Fiat Industrial to move its fiscal residence to Britain, said his group had never tried not to pay taxes in Italy,
TAIPEI (REUTERS) - Taiwan slashed its 2013 economic growth outlook on Friday, showing increased concern that lacklustre global demand poses a threat to the island's pivotal tech exports to China and the United States.
BANGKOK (AP) - Asian shares traded erratically Friday but European markets found their footing, a day after global stocks were routed by unexpectedly weak Chinese manufacturing and fears the Federal Reserve will start withdrawing its monetary stimulus.