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Banking

WireTap 0900 15/12/11

A round-up of the key stories across the specialist financial media, including news that the UK does not intend to contribute towards IMF assistance in Europe


Cameron rules out putting extra €30 billion into IMF

David Cameron has confirmed that Britain will not contribute extra resources to the IMF to help crisis-stricken countries.

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Bernanke: Fed has no plans to further aid European banks

Federal Reserve chairman Ben Bernanke has said that the Fed plans no further aid to European banks.

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China set to tax US-made car imports

China is planning to impose duties on US-made cars, the latest sign of trade friction between the two countries.

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Olympus open to rehiring ex-CEO Woodford but scepticism reigns

Olympus Corp has stated it is open to re-hiring Michael Woodford – but doubts remain as to how willing the company would be to welcome back the whistleblower.

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Foreign investment in China down first time in 28 months

Data shows the first year-on-year drop in foreign direct investment in China in more than two years.

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