U.K. Urges EU Finance Ministers to Tackle Rising Food Prices (Bloomberg.com)

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May 11 (Bloomberg) — U.K. Chancellor of the Exchequer Alistair Darling will call on European Union finance ministers to combat rising food prices by removing import levies and scrapping rules that keep food prices in the 27-nation bloc artificially high.

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UPDATE: Citi May Sell Japan Consumer-finance Unit: Nikkei (Nasdaq)

TEL AVIV (Dow Jones) - Citigroup is considering paring down or selling its Japanese consumer-finance company, CFJ KK, the Nikkei daily reported in its online edition.

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N.S. to review tax system: finance minister (CTV.ca)

Planning is underway for a ‘major review’ of Nova Scotia’s tax system, Finance Minister Michael Baker has confirmed.

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Australian March Housing Finance -6.1% Vs -1.0% Consensus (The Forex Market)

SYDNEY (Dow Jones)–The number of housing-finance approvals in Australia fell a seasonally adjusted 6.1% in March from February, the Australia Bureau of Statistics said Monday.

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India vs China: cheap labor, business chain, finance, capitalist, outsourcing, hightech (cmi santiago)

Why can India and China become top business and finance players in a globalized finance, trade, hightech, investment, and politics? Get latest info and analysis from leading experts on the ground.

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THREE MANHEIM OPERATING LOCATIONS RECEIVE WELLS FARGO AUTO FINANCE AWARDS (The Auto Channel)

ATLANTA - Three Manheim auctions were recently honored at Wells Fargo Auto Finance’s third annual auction awards reception held last month in Atlanta.

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SKorean economy shows signs of easing after hitting peak - finance ministry (The Forex Market)

SEOUL (Thomson Financial) - The South Korean economy has begun showing signs of easing as growth seems to have reached a peak, with consumer and corporate spending curbed by the surge in the cost of oil and other raw materials, the Planning and Finance Ministry said on Friday.

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MTS signs agreement with Brazilian Ministry of Finance for global bonds (Computer Business Review)

MTS Group, an electronic trading platform for government bonds, has signed an agreement with the Brazilian Ministry of Finance for the creation of an electronic market dedicated to the trading of local currency sovereign securities issued by the Federative Republic of Brazil.

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giant challengers: India vs China: outsourcing, finance, trade, tech, politics, law (cmi santiago)

Watch out on surging India and China! What is really behind the competitiveness of Indian and Chinese multinationals, tech, finance, labor, outsourcing, and management? Get insiders’ information and analysis from the inside on the ground of China and India.

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Senate Finance Committee discusses offsets for estimated $15M to $18M cost of Medicare payment delay; Bush … (News-Medical-Net)

Senate Finance Committee Chair Max Baucus (D-Mont.) on Wednesday said a Medicare package that would delay for 18 months a 10.6% cut to physician fees would cost between $15 billion and $18 billion over five years, prompting committee members to begin discussions on how to offset those costs, CQ Today reports (Wayne/Armstrong, CQ Today, 5/7).

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