(Reuters) - A federal bankruptcy judge on Tuesday rejected Residential Capital LLC's proposal to pay as much as $7 million worth of incentive bonuses to 17 senior executives, saying the payout was primarily retentive -- a reward for staying in their jobs.


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TOKYO (Reuters) - The euro, Asian shares and commodities held steady on Wednesday as investors awaited U.S. Federal Reserve Chairman Ben Bernanke's speech to international central bankers gathering in Jackson Hole on Friday and a European Central Bank meeting next week.


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BEIJING (Reuters) - China's economy is stabilizing slowly as pro-growth government policies gain traction while real estate curbs have surpressed speculation, the head of the country's top planning agency, the National Development and Reform Commission, said on Wednesday.


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PARIS/LONDON (Reuters) - The City of London financial district, though diminished by scandals and job cuts, is proving irresistible to fed-up Parisian bankers fleeing France's rising taxes and the feeling that they're not best loved at home.


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