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China's leaders pledged to maintain stable economic policies to achieve reasonable economic growth in 2014 while forging ahead with reforms, as they wrapped up a closed-door meeting on Friday, state radio reported.
Governments will reach an agreement next year on the pecking order for shareholders and bond investors to take losses when a bank fails, Mark Carney chairman of the UK's Financial Stability Board and head of the central bank, said on Friday.
The Sri Lankan rupee ended slightly firmer on Friday, rising from a near two-week low in the morning as exporter dollar conversions during the latter part of the day outpaced demand for the greenback from importers.
The European Central Bank may have to use new tools to guard against the risks arising from the liquidity it has pumped into the financial system, ECB Executive Board member Benoit Coeure said on Friday.