Hong Kong considers ban on fishing trawlers: report. Hong Kong is considering banning fishing trawlers in its waters to save fish stocks, a report said Thursday. The drastic proposal comes as annual catches were estimated to be 30 percent above sustainable levels, the South China Morning Post said, citing a consultation paper from the Food and Health bureau.

European shares mostly lower before interest rate calls. Share prices fell sharply in Frankfurt and Paris on Thursday ahead of European Central Bank president Jean-Claude Trichet's press conference due after the central bank's latest call on interest rates.

Wall Street, funds urge SEC to keep ratings in rules. Securities regulators are locking horns with some of America's most powerful mutual funds and Wall Street players over plans to scrap requirements that money market funds hold investment-grade securities.

World markets sink after Wall Street plunge. World stock markets fell sharply Friday in the wake of a sell-off on Wall Street amid mounting concerns about a slumping U.S. economy and its impact on global growth.

Dow, S&P end higher on financials, down for week. NEW YORK -The broader U.S. stock market edged higher on Friday, but still posted its worst week since May, as a rally in financial stocks helped reverse losses sparked by a government report showing the U.S. jobless rate rose to a five-year high.

5-minute guide to home insurance. A close look at what your policy does and doesn't cover may surprise you. Here's a 29-point guide to help you read it closely to determine what coverage is best for your situation.

Will new rules stem identity theft? Five years in the pipeline, 'red-flag' guidelines require financial institutions to watch for fraud. Small businesses with few resources do not welcome the 'burdensome' procedures.

What if we legalized all drugs? How does a $50 billion boost to the US economy sound? Not bad? Well, what about all the new addicts we could see pop up on the streets? Theoretically, it's all possible.

Amazon.com buys Shelfari, a startup for book lovers. Amazon.com is buying Shelfari, the Seattle social networking startup for book lovers, according to sources with knowledge of the situation.

India story still attracts venture capital funds. Venture capitalists raising new funds dedicated to the Indian market are not finding the going tough despite a global slowdown impacting availability of capital.

Need access to capital? Boston Agency taking 10 budding companies on entrepreneur boot camp to to meet with U.S venture capitalists, financiers B1 DAVID SHIPLEY Telegraph-Journal A New Brunswick economic development agency is building..

Keen bidding for Huawei unit. GROUPS led by Bain Capital LLC and Silver Lake Partners are the leading bidders for a stake in the handset unit of China's Huawei Technologies Co after General Atlantic LLC pulled out, people familiar with the..

Informa price cut as Blackstone joins bid group. Private equity firm Blackstone has joined a consortium bidding for Informa, but an industry source said the group was no longer prepared to pay its original price for the British publishing firm.

Spinifex secures major investment to develop pain drug. Spinifex Pharmaceuticals, an Australian pain drug development company, today announced it has secured venture capital investment of A$12 million from GBS Venture Partners Limited, Brandon Capital Partners and..

Merrill Lynch hires mortgage executives. Merrill Lynch & Co, battered by more than $40 billion of write-downs tied largely to mortgages, said on Tuesday it hired Michael Nierenberg from JPMorgan Chase & Co to head its mortgage and securitization businesses.

Lehman weighs real estate spinoff: report. Lehman Brothers Holdings Inc is considering a plan to put some $32 billion of its commercial real estate and mortgage assets in a new company and spin it off, Bloomberg reported on its website on Thursday.

Breeden details year of progress at H&R Block. A year after orchestrating a takeover of H&R Block Inc.s leadership, Richard Breeden gave shareholders an update Thursday on efforts to rejuvenate the tax preparation giant, saying some success has been made but the work is ongoing.

Home loan troubles break records again. A record 9 percent of American homeowners with a mortgage were either behind on their payments or in foreclosure at the end of June, as damage from the housing crisis continues to mount, the Mortgage Bankers Association said Friday.

Home foreclosures reach record high. Home foreclosures and the rate of homes entering foreclosure rose to record highs in the second quarter, the Mortgage Bankers Association said on Friday.

Would God buy that stock? Socially responsible funds have begotten a subset of portfolios based on religious principles. Investors are guided by their beliefs, but how well do those translate into profit?