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Australian stocks buoyed by bank merger talks

As Asian markets slipped, Australian stocks reversed the trend on talks between St George Bank and Westpac to create the country's biggest bank

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M Stanley fund to tap Asian growth

Morgan Stanley will today announce that it has raised a $4bn private equity fund dedicated to infrastructure projects - the latest move by a fund manager into sectors...

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Call to close private equity 'lending loopholes'

An influential banking association is this week expected to recommend an overhaul of lending rules to avoid conflicts of interest arising from private equity companies buying back their own debt at a discount.

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Mortice will struggle to attract day traders

For many companies, Aim is little more than a private equity market, which allows a select group of investors the opportunity to invest in an illiquid asset.

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Stephen Byers backs Telegraph drivers campaign

A former Cabinet minister close to Tony Blair has backed a Daily Telegraph campaign by calling on Gordon Brown to announce an "immediate halt" to proposals to increase taxes on motorists.

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Taxes 'up 50% as services are cut'

Taxes have risen by 50 per cent in real terms in the past ten years while public services have been slashed, a report claims.

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UAE investors buy Pakistan farmland for food security

One of the Middle East's largest private equity companies has been quietly buying farmland in Pakistan as part of plans by the United Arab Emirates to increase food...

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Tax evasion 'costs the lives of 1,000 children a day'

Illegal tax evasion by companies is depriving the developing world of $160bn (£82bn) a year

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Myanmar and the irrelevance of national sovereignty

I attach no intrinsic value to national sovereignty or to any group rights whatsoever. Whatever significance or value is attributed to national rights (and group rights, minority rights, majority rights, gender rights, linguistic group rights, religious rights, ethnic rights or whatever rights) are derived significance or value - significance or value derived from [...]

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Iceland's leading lenders come in from the cold

It has been quite a quarter for Iceland's banks. Buffeted by global market conditions and pounded by an alleged speculative attack by hedge funds, they have struggled...

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Tax evasion 'costs lives of 5.6m children'

The lives of more than five million children could be saved in the developing world – if the super-rich and the world's largest companies paid their fair share in taxes, according to a leading British charity. In Death and Taxes: the True Toll of Tax-dodging, Christian Aid says that the extent of tax abuse "is so widespread and damaging that it is tantamount to a new slavery".

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Tribune nearing sale of Newsday to Cablevision: Journal

TEL AVIV (MarketWatch) -- Tribune Co. is close to agreeing to sell the Long Island, N.Y., newspaper Newsday to Cablevision Systems Corp., the Bethpage, N.Y., cable-TV operator, people familiar with the situation told The Wall Street Journal. The bid would exceed individual offers valued at $580 million from both News Corp. -- the New York media group that controls The New York Post, the Journal, MarketWatch...

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Naked Short Traders In Red Hot Hell

A reader kindly sent me a new link, 'Deepcapture.com' which is a site run by a businessman who believes that the phantom financial world of naked short sellers in the hedge fund pirate/hell hound high seas has defrauded himself and...

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2,700 health jobs are unfilled since restriction on recruitment

NEARLY 2,700 posts in the health service have gone unfilled since controversial recruitment restrictions were implemented last autumn, according to a financial report given to the board of the Health Service Executive (HSE) last week.

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Growth In April Money Supply Slows Down Tad

Growth In April Money Supply Slows Down TadTOKYO (Dow Jones)--Japan's money supply growth slowed slightly in April, reflecting sluggishness in M1 and quasi-money, but the Bank of Japan still expects the flow of money to continue shifting into savings.