Buy My IOU – Sell Your Government IOU For CASH

The untraceable new virtual currency is exploding in usage, notoriety, and value
BusinessWeek.com — Finance

The Bank of Korea raised interest rates for a third time this year to rein in inflation that has exceeded its target range and curb record household debt.
BusinessWeek.com — Finance

Australia’s economy shrank in the first quarter by the most in 20 years as floods hurt exports, even as stronger business investment underscored the central bank’s forecast for a rebound in the second half of the year.
BusinessWeek.com — Finance

Bats Global Markets Inc., the third- largest U.S. stock exchange operator, filed for an initial public offering as it seeks cash to compete amid the busiest period for industry takeovers.
BusinessWeek.com — Finance

Singapore stocks posted Asia’s second- biggest gain and the currency gained the most in a week as the ruling party retained power with 81 out of 87 parliamentary seats after facing the biggest electoral battle.
BusinessWeek.com — Finance

Australian retail sales unexpectedly fell in March for the first time in five months, weakening the currency and shares of some of the nation’s biggest stores.
BusinessWeek.com — Finance

Brazil, Russia, India, China and South Africa are “wary” about rules proposed by the International Monetary Fund on when controls can be used to curb short-term foreign-capital inflows, South African Trade Minister Rob Davies said.
BusinessWeek.com — Finance

Japanese Finance Minister Yoshihiko Noda said he will call for continued cooperation on currencies at a meeting of Group of Seven officials today in Washington.
BusinessWeek.com — Finance