Greece raised €1.6 billion ($2 billion) in six-month treasury bills, its first auction since a bail-out in May. It will pay a 4.65% yield and the sale was oversubscribed. The national debt-management agency was forced to drop plans to auction one-year pa… more »

In Kampala, Uganda’s capital, at least 76 people were killed in explosions at a restaurant and a rugby club as they watched the final of the football World Cup. The Shabab, an Islamist militia group in Somalia, claimed responsibility. Uganda contributes… more »

Agricultural Bank of China, the last of China’s big state-owned banks to float on the stockmarket, raised $19.2 billion in Hong Kong and Shanghai. It could end up being the world’s biggest-ever initial public offering. Investors are betting that AgBank,… more »

The House of Representatives approved the Dodd-Frank bill, which if passed by the Senate will bring in the most sweeping changes to America's financial regulatory system since the 1930s. Negotiations had been completed on ironing out the differences betw… more »

China and Taiwan signed one of their most significant agreements since 1949: a deal designed to liberalise trade and investment across the Taiwan strait. Hundreds of tariffs will be reduced in both directions. Both governments are eager to convince Taiwa… more »

General Stanley McChrystal was relieved of his command of American and NATO forces in Afghanistan after Rolling Stone published an article in which the general and his aides openly disparaged the Obama administration and America’s civilian leadership in… more »