Sweden Government To Propose New Measures To Enhance Financial Stability

STOCKHOLM--Sweden's government said Monday that it intends to propose a series of new measures to enhance financial stability, with responsibility for the new tools handed to Finansinspektionen, the Financial Services Authority.

China says banks to help wind down overcapacity

BEIJING: China's government vowed on Friday to harness its financial sector to help bring about an orderly closing of some factories in industries plagued by overcapacity, as it seeks to move the economy up the value chain.

Egypt says stability key to fixing economy: PM

CAIRO (Reuters) - Egyptian Prime Minister Hisham Kandil said on Tuesday that political stability was crucial to luring back foreign investors and tourists to help plug a yawning budget deficit and heal the country's ailing economy.