Condition for ESM bond-buying will be reforms: EU's Rehn

ROME (Reuters) - Countries who want the euro-zone's permanent bailout funds to buy their bonds to help lower borrowing costs will have to commit to a reform program, EU Economic and Monetary Affairs Commissioner Olli Rehn said in an Italian daily on Saturday.

Employers Get More From U.S. Workers as Jobs Gain Lags Forecast

Companies in the U.S. are relying on existing workers and temporary employees instead of hiring, helping to explain why payrolls grew less than forecast in June.

Bank of England warns UK banks need more capital

Britain's banks do not have enough capital to withstand an escalation in the eurozone crisis, the Bank of England has warned.

Bahrain fund chief: economic reform on track

MANAMA (Reuters) - Bahrain's ambitious economic reform program is still on track, the head of the country's sovereign wealth fund Mumtalakat said this week, despite a year of turmoil in the Gulf Arab state as the monarchy tackles a pro-democracy protest movement.

Singapore's Temasek seeks investment in Europe, commodities

SINGAPORE (Reuters) - Singapore state investor Temasek Holdings , whose portfolio swelled to a record in the last fiscal year, is looking to acquire assets in Europe and plough more money into energy and commodities after doubling its exposure to the sector.