U.S. stocks declined for a third week, sending the Standard & Poor’s 500 Index down the most for any month since February, as technology companies missed earnings estimates and surging Greek bond yields triggered a flight from riskier assets.

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U.S. Stocks Retreat While S&P 500 Declines Most Since February

DAVOS, Switzerland (Reuters) – Trade ministers expressed gloom on Saturday about the prospects of concluding stalled global trade liberalization talks this year, with many blaming the United States for foot-dragging.

Trade ministers gloomy on WTO prospects

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Company Profile: Vivendi

Argentina’s central bank President Martin Redrado resigned last night after a standoff with the government over its plan to use $6.6 billion in reserves to pay debt due this year.

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Argentine Central Bank President Quits Over Reserves (Update1)

China halted planned military exchanges with the U.S. military and warned it will punish companies involved in a Pentagon plan to sell weapons worth $6.4 billion to Taiwan.

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China Suspends U.S. Military Ties on Taiwan Arms Sale (Update2)

FRANKFURT (Reuters) – Commerzbank’s Chief Executive cautiously welcomed Barack Obama’s proposals for tougher banking rules, as politicians and regulators accuse bankers of dragging their feet on financial reform.

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Commerzbank CEO welcomes Obama proposal: report

People’s Bank of China Deputy Governor Zhu Min said his government’s main goal is capping inflation and signaled officials have no immediate plans to change their currency or monetary policies.

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Zhu Says China to Keep Yuan Policy, Fight Inflation (Update1)

Policy makers and bankers called a truce after a week of mutual recrimination at the World Economic Forum annual meeting, saying they agreed on the need for global financial regulations.

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Banks, Officials Find Common Ground at Davos Meeting (Update1)

A suicide bomber killed 16 people Saturday at a police checkpoint in a northwest Pakistani tribal area where the military declared victory over the Taliban and al-Qaida last year, highlighting the difficulty Islamabad has in holding regions once the battle…

Pakistan – United States – Washington D.C – Asia – Government

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Pakistan: 25 dead in suicide bomb, US missile hit

DAVOS, Switzerland (Reuters) – World economic growth may be springing back faster than expected but recovery remains fragile and a better balance is needed between exporting and importing nations, top policymakers said on Saturday.

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Policymakers see growth reviving, still fragile

My alarm clock gets me up in time for a conference call with our Beijing office at 6 am. By 7:15, I’m at the Bain breakfast, hosted by its dynamic chairman, Orit Gadiesh. Then a series of meetings which my team began organizing in September.

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Davos: The Power of Convening

New York University Professor Nouriel Roubini, who anticipated the financial crisis, called the fourth quarter surge in U.S. economic growth “very dismal and poor” because it relied on temporary factors.

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Roubini Calls U.S. Growth ‘Dismal and Poor,’ Predicts Slowing

PSA Peugeot Citroen, Europe’s second-largest automaker, will recall more than 90,000 cars from among two models because they may share a gas-pedal flaw that prompted Toyota Motor Corp. to recall millions of vehicles.

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PSA Peugeot Citroen Recalls Autos Made With Toyota (Update1)

Honda also announces a recall of 646,000 Fit hatchbacks

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N.J. Toyota dealerships face customer calls from massive 2.3M-car recall

A suicide bomber killed 12 people Saturday at a police checkpoint in a northwest Pakistani tribal area where the military declared victory over the Taliban and al-Qaida last year, highlighting the difficulty Islamabad has in holding regions once the battle…

Pakistan – United States – Washington D.C – Asia – Government

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Pakistan: 21 dead in suicide bomb, US missile hit