Paulson & Co, the hedge fund linked to civil fraud charges against Goldman Sachs Group Inc, moved to head off investor concerns about its role in a deal that has scarred the reputation of the Wall Street bank and overshadowed blow-out quarterly earnings

The US trade deficit hit its widest point in more than a year in March, with a jump in imports swamping a rise in exports as the global economy strengthened, a government report shows

Europe’s southern rim has the potential to become an engine of growth for the region, but only after several more years in the economic doldrums, weighed down by brutal austerity plans, tight credit and fragile consumer confidence

The Greek debt crisis has brought about a new financial safety-net for the eurozone. But the coming decades will bring both demographic as well as financial worries for the European Commission

Transfer pricing requires full and proper documentation if you are to avoid the taxman’s wrath, RP Richter’s Michael Heckel tells The New Economy’s Roger St. Pierre

A former high rolling based in the casino industry has turned wealth fund analyst, and is preparing to have a go at rolling the dice

As those who have so far survived the financial crisis pick over the wreckage to develop enhanced predictors of market risk, Zari Rachev’s are among the offerings for people who believe statistical models can help

The National Bank of Greece opened for business 168 years ago, and since then has grown into a key player in the European banking sector

From all sides, bankers and executives have been lambasted for failing to understand the risks inherent in their businesses, or even to get involved in how they were being managed. But what if the reasoning is simpler still – do executives really understand what is actually meant by “risk”?

Rich nations will fail to honour aid pledges made five years ago, the OECD has announced, and Africa in particular looked certain to suffer from the shortfall

Peru’s anti-drug police are locked in an ongoing game of cat-and-mouse in the Ene and Apurimac River Valleys against drug runners, many of whom are aligned with a remnant band of about 200 leftist Shining Path guerrillas. But the government appears to be losing the battle

Japan’s economy grew faster than expected in the fourth quarter with a stimulus-fuelled rebound in domestic demand and a corporate investment revival masking rising deflationary pressure and the risk of a slowdown in 2010