G20's Carney says bank crisis reforms "substantially complete"

LONDON, Nov 14 (Reuters) - The job of fixing flaws that led to the 2007-09 financial crisis is largely done and the focus will now turn to spotting new risks and rebuilding trust among regulators, the Financial Stability Board said on Friday.

China's high wire act on failing companies

China looks ready to let more companies go to the wall as part of its economic reforms, shaking financial markets that are used to the government bailing out firms at the last minute.

Asian countries seek to boost oversight on rating agencies

SINGAPORE: Asian countries, including India, today discussed efforts being initiated to bring down their "mechanistic" reliance on credit ratings and to strengthen oversight of rating agencies.