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U.K. Urges EU Finance Ministers to Tackle Rising Food Prices
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.

Finance Minister says price of rice to rise in aftermath of Cyclone Nargis
SINGAPORE: Finance Minister Tharman Shanmugaratnam said the price of rice could increase in the immediate future because of Cyclone Nargis. However, he assured Singaporeans that the government is monitoring the situation.

N.S. finance minister says province to proceed with major review of tax system
Planning is underway for a "major review" of Nova Scotia's tax system, Finance Minister Michael Baker has confirmed.

Fairfax finance director resigns
Fairfax Finance Director Ian Roth has resigned less than two years after he left the San Anselmo Town Council to take the position.

Citigroup Eyes Selling Japan Consumer Finance Unit, Nikkei Says
May 11 (Bloomberg) -- Citigroup Inc. may either sell its Japanese consumer finance unit, CFJ KK, or reduce its operations significantly as part of its plan to reorganize and sell assets, the Nikkei English News reported without citing sources.

Citi may sell Japan consumer-finance unit: Nikkei
Citigroup is considering paring down or selling its Japanese consumer-finance company, CFJ KK, the Nikkei daily reports in its online edition.

Q1 performance to match last year’s growth–Finance
PHILIPPINE economic growth in the first three months of the year will match the record attained in the same period last year, the Department of Finance said.