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Qatar moves fiscal year-end to DecemberQatar's government is moving the end of its fiscal year to December 31 from March 31 and giving more power to the finance ministry in reforms designed to help the government carry out tens of billions of dollars of infrastructure projects. More… |
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IMF becomes latest target of cyber attackThe International Monetary Fund, the intergovernmental group that oversees the global financial system and brings together 187 member nations, has become the latest known target of a significant cyber attack. A cybersecurity expert who has More… |
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Expert for financial market revampThere are opportunities for systemic change in the midst of the current global economic crisis, said a financial expert. 'It will be the dawn of a new and better structure for the global financial markets if we all come together a More… |
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Financial system 'near meltdown'The IMF has warned that the world's financial system was near meltdown and and urged "exceptional vigilance, coordination and readiness to take bold action" . The International Monetary Fund said it backed a Group of Seven plan to try to s More… |
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US to revamp financial systemThe White House yesterday proposed the most far-ranging overhaul of the financial regulatory system since the stock market crash of 1929 and the ensuing Great Depression. The plan would change how the government regulates thousands of busi More… |
