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  • Charles Koch: My body is full of harpoons
    Charles Koch, CEO of Koch Industries, tells Yahoo Finance editor-in-chief Andy Serwer why he's decided to go public.
  • Asia shares fall on China caution, yuan jumpy ahead of IMF decision
    Asian shares fell on Monday as Chinese stocks extended last week's sharp losses, while the yuan bounced in volatile trade hours ahead of an IMF decision on whether to promote it to a basket of global reserve currencies. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.7 percent, and was on course to log a loss of about 2.7 percent for the month of November, after making its first gains in six months in October. Japan's Nikkei (.N225) dropped 0.4 percent, though still looked set for a monthly gain of more than 3 percent.
  • Fed to take up 'too big to fail' emergency lending curb
    The Federal Reserve Board will consider on Monday a proposal to curb its emergency lending powers, a change demanded by Congress after the central bank's controversial decision to aid AIG (AIG.N), Citigroup (C.N) and others in 2008. A proposed rule, to be considered by the Fed's Washington-based board in an open meeting, would require that any future emergency lending be only "broad-based" to address larger financial market problems, and not tailored to specific firms. The 2010 Dodd-Frank financial reform law instructed the Fed to curtail emergency loans to individual banks and prohibited it from lending to companies considered insolvent.

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