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TOKYO (AFP) – Japan said on Thursday it may provide up to US$ 50 billion (S$ 63 billion) to the International Monetary Fund to help fight Europe’s debt crisis, but the exact figure is yet to be decided.

Straits Times Interactive – MONEY

BNP Paribas Cuts Dollar Needs With Energy Business Sale
FR) said late Tuesday that it sold its North American energy business to US bank Wells Fargo & Co. (WFC) in a deal marking a significant further step in the French bank's plan to cut its dollar funding needs by $ 65 billion before the end of 2012.
Read more on Wall Street Journal

Hillary Clinton to Big Business: Cough it up!
By Tory Newmyer, writer FORTUNE — Secretary of State Hillary Clinton on Tuesday issued a challenge to American business: Stop hoarding your cash, and start investing both at home and abroad to spur domestic job growth. "We can't help you if you're not …
Read more on Fortune (blog)

Social Media Week: Business Metrics Take Spotlight
At the global social event that expanded to 21 cities this year, business metrics dominated discussion. Hot topic included analytics and internal social business tools. Social Media Week is a global event designed to shine a spotlight on emerging …
Read more on InformationWeek

BRUSSELS (AFP) – Brussels is proposing to freeze 495 million euros (S$ 823 million) in European Union (EU) funds destined for Hungary in 2013, the European Commission said on Wednesday, the first time it has ever taken such a measure.

Straits Times Interactive – MONEY

Sociopolitical website Temasek Review Emeritus (TRE) has published an apology early on Wednesday morning to Prime Minister Lee Hsien Loong for alleged defamatory comments.

Straits Times Interactive – SINGAPORE

Five men and two women, aged between 25 and 53, were arrested by the police on Monday for suspected involvement in loansharking activities in two separate cases.

Straits Times Interactive – SINGAPORE