Austria Approves Euro Bailout Fund

The measure, supporting an expansion of the euro currency zone’s bailout fund for heavily indebted countries, passed following a bruising debate in Parliament.

Ireland Considers Using New E.U. Fund Too

Finance Minister Michael Noonan has raised the prospect of tapping the euro area’s expanding rescue fund to lower its own borrowing costs, as it seeks to win back economic sovereignty.

Barclays Faces Sanctions in Japan

Regulators suspended some operations of Barclays Bank’s Japanese unit on allegations of violating short-selling rules; Barclays said the violation was the result of a technical error.