U.S. lawmakers need to write legislation expanding the ability of bank regulators to collect and analyze financial data to make sure another crisis like the one that shook the economy in 2008 doesn’t happen again, says a key bank regulator.

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Fed seeks bill to help regulators gather bank data

The Obama administration could take longer than 10 years to collect a $90 billion tax on financial institutions seeking to cover the remaining costs of a $700 billion bank bailout package, according to the White House’s new budget blueprint.

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Obama’s $90 bln bank tax takes ‘at least’ 10 years

British house sellers enter the new year in a confident mood, boosting the average asking price by 0.4% in January and ending a two-month slide.

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Economic Report: U.K. house sellers boost asking price 0.4% in Jan.

A funds scandals involving Prime Minister Yukio Hatoyama and his Democratic Party of Japan’s No. 2, Ichiro Ozawa, could hamper the government’s efforts to secure smooth passage of budgets and other bills.

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Japan scandal could reportedly slow budget passage

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The Bank of Japan’s quarterly tankan survey will likely show that business sentiment among the nation’s biggest manufacturers improved significantly as global stimulus packages helped boost demand overseas.

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BOJ’s tankan likely to show further improvement

South Korea’s current-account surplus more than halves in August from the previous month, as automobile and ship exports fall.

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Economic Report: South Korea August current account surplus falls

Japanese consumer prices post their sharpest monthly drop in August since at least 1971, according to government data Tuesday.

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Economic Report: Japanese prices set record decline in August

British home sellers increased asking prices in September, encouraged by growing demand amid a low supply of homes on the market as the autumn moving season gets under way.

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U.K. home sellers boost asking price 0.6% in Sept.

A top-ranked Democratic senator is preparing plans that, if approved, would pull together the major four bank agencies in the U.S. into one regulatory agency, according to a media report.

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Senator aims to consolidate U.S. banking agencies

The confidence of U.S. home builders improves marginally in September as the expiration of a tax subsidy for first-time buyers approaches.

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Economic Report: Home builders’ index creeps higher in September