Kevin Rudd has urged APEC leaders to echo the commitments made at the G20 meeting.
Rudd urges APEC to echo G20 financial crisis commitments
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Speaking on his first day in the APEC leaders meeting in Peru, Prime Minister Kevin Rudd said the seizure of the financial system has damaged everyone.
Wall St up 6.5pc on Obama Treasury pick
The Dow Jones index has ended the week with a strong rally, in part because of rumours about US President-elect Barack Obama's new cabinet.
Citigroup shares dive on merger reports
Shares in banking giant Citigroup have fallen for the fifth straight day in US trade overnight.
Features and Analysis
Insurers weather storms
As Qld's storm victims call their insurers for help, the sector has revealed it was well prepared to deal with the disaster.
Consumer confidence down
Research has shown a drop in consumer confidence ahead of the peak Christmas period.
'No deposit' loans disappearing
In a sign that credit rationing is now hitting Australian consumers, the Commonwealth Bank has stopped offering no deposit loans.
Shipping threat
Merchant shipping companies may have to stop sending ships through the Suez Canal because of attacks by Somali pirates.
'Really, really scared'
It has been a crushing couple of weeks for Australian businesses already battered and bruised by the global financial crisis.
Beating financial blues
Bhutan suggests an alternative: focus not on the bottom line, but the size of your smile.
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