US President George W Bush, who was to meet with French President Nicolas Sarkozy later Saturday, was expected to host a global summit on the finance crisis in the US, the New York Times reported online.
The Times quoted an unnamed senior White House official as saying Bush was to announce his invitation at Camp David, the presidential retreat where the two men and European Commission President Jose Manuel Barroso were to meet.
Earlier Saturday, the French daily Le Figaro reported that UN Secretary General Ban Ki-moon had offered to have the United Nations host an international summit on reforming the global finance system.

The Singapore Exchange Limited (SGX) Tuesday said its derivatives and Exchange Traded Funds (ETF) markets set new trading records last year with volume surging to
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The San Antonio Spurs turned up their trademark defense down the stretch to turn back another opponent.
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After the Taipei Zoo received two giant pandas from China, another Taiwan zoo said Friday it is seeking to receive a pair of pandas from China.