Thursday, November 22, 2007

GM Says It Has `No Further Obligation' to Fund Finance Unit (Bloomberg.com)

Nov. 21 (Bloomberg) -- General Motors Corp., whose shares are trading at a 17-month low, has ``no further obligation'' to inject capital into former finance unit GMAC LLC after a $1 billion infusion earlier this year.

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[Source: Yahoo! News Search Results for finance]

Electoral Finance debate begins (Newstalk via Yahoo!Xtra News)

Parliament has begun debating the Electoral Finance Bill, with the government saying it will protect New Zealand's democracy.

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[Source: Yahoo! News Search Results for finance]

Brown Backs His Finance Minister Over U.K. Data Loss (Update1) (Bloomberg.com)

Nov. 21 (Bloomberg) -- Prime Minister Gordon Brown stood by his finance minister as opposition parties accused the government of incompetence after it revealed it had lost personal details of almost half the U.K. population.

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[Source: Yahoo! News Search Results for finance]

Consumer finance troubles hit MUFG (FT.com via Yahoo! News)

Mitsubishi UFJ Financial Group highlighted the damage caused by its exposure to Japan's troubled consumer finance sector as it unveiled a 49 per cent drop in first-half profits on Wednesday.

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[Source: Yahoo! News Search Results for finance]

Buffett, Greenspan Concern May Hurt China Finance (Update1) (Bloomberg.com)

Nov. 21 (Bloomberg) -- If Warren Buffett, Alan Greenspan and Li Ka-shing are right about China's stock market, China Finance Online Co. may lose its rank as the best-performing foreign company listed in the U.S.

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[Source: Yahoo! News Search Results for finance]

Santa gets axe for euro in Cyprus finance ministry (Reuters via Yahoo! News)

Santa and his reindeer have been axed in the run up to Christmas in Cyprus because of the euro which will be adopted by the Mediterranean island on January 1, the finance ministry said on Wednesday.

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[Source: Yahoo! News Search Results for finance]

DQG's Banking and Finance Sub-Group hosts seminar (AME Info)

Dubai Quality Group (DQG), a non-profit organisation dedicated to raising the general performance level of the local business environment, has announced that its Banking and Finance Sub-Group organised an evening seminar on Tuesday, November 20th, 2007, aimed at providing an in-depth discussion on the impact of the weakening US dollar on regional currencies, particularly on the UAE Dirham.

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[Source: Yahoo! News Search Results for finance]

Trio Finance Fiscal Year Total Operating Income $7.9 Million Vs 15.9 Million (Nasdaq)

TRIO Finance announced today its results for the year ended 30 September.

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[Source: Yahoo! News Search Results for finance]

(AFX UK Focus) 2007-11-22 08:46 GMT: German Finance Ministry says economy 'robust' after financial market turbulence (Interactive Investor)

FRANKFURT (Thomson Financial) - Germany's economy has weathered the recent financial market turbulence and is "robust," German deputy finance minister Thomas Mirow said.

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[Source: Yahoo! News Search Results for finance]

Electoral Finance Bill passes 2nd reading (Newstalk via Yahoo!Xtra News)

The Electoral Finance Bill has passed its second reading in Parliament.

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[Source: Yahoo! News Search Results for finance]

Sunday, November 11, 2007

Finance, consulting cos major recruiters at XLRI placement (Indian Express Finance via Yahoo! India News)

If summer placement at the XLRI here is any indication of the way the Indian economy is going, it is surely the financial and the consulting sectors, including hedge funds for the first time, which were busy recently lapping up around 48% of the B-School s 2008 summer internship batch. Realising XLRI s strength today in finance & economics as it has an enviable strength of 20 faculty members ...

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[Source: Yahoo! News Search Results for finance]

China's global strategy; finance, outsourcing, jobs, politics, trade, oil, politics (cmi valparaso)

discover great investment, finance, trade, outsourcing, stock market, venture capital, commerce, management opportunities in China, India, Taiwan, Asia. How to get the best things? Talk to leading strategist George Zhibin Gu inside China.

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[Source: Yahoo! News Search Results for finance]

Mayor-elect taps GOP leaders for finance team (The Trenton Times)

HAMILTON -- Mayor-elect John Bencivengo has asked a former state treasurer to join an "emergency finance panel" tasked with staving off what the GOP has warned could be a double-digit tax increase in the township.

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[Source: Yahoo! News Search Results for finance]

DIB to finance buyers of Real Estate Bank projects (Zawya)

11 November 2007 Dubai: Real Estate Bank Real Estate Bank , the government-owned entity specialised in facilitating real estate credit for establishments and government organisations in the UAE, has appointed Dubai Islamic Bank Dubai Islamic Bank as the exclusive provider of Islamic finance solutions to buyers of Real Estate Bank Real Estate Bank 's prime development projects in Liwan City and ...

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[Source: Yahoo! News Search Results for finance]

House Finance Committee rejects 25 percent oil tax (KTUU Anchorage)

The House Finance Committee narrowly rejected the governor's proposed oil tax rate of 25 percent,in a 6-to-5 vote.

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[Source: Yahoo! News Search Results for finance]

Oman: United Finance formally opens new corporate office (Zawya)

11 November 2007 MUSCAT -- Hamoud Sangour al Zadjali, Executive President of the Central Bank of Oman, formally opened the new corporate office of the United Finance the largest non-banking finance company in Oman yesterday.

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[Source: Yahoo! News Search Results for finance]

Finance 101 (Denver Post)

If you are in the market for a new or used car and plan to finance the purchase, you will want to examine your finances before applying in order to make sure you get the best terms.

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[Source: Yahoo! News Search Results for finance]

Finance Minister in tax cut trouble (Newstalk via Yahoo!Xtra News)

The Finance Minister is being accused of being a 'tax cut denier' following comments he made this morning.

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[Source: Yahoo! News Search Results for finance]

China travel, investment lessons: finance, outsourcing, jobs, politics (book excerpts) (cmi santiago)

explore vast finance, travel, trade, investment, outsourcing, education, technology, management opportunities in China, India, Taiwan, Hong Kong, Asia. Get inside knowledge from leading strategist George Zhibin Gu.

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[Source: Yahoo! News Search Results for finance]

explosive Chinese multinationals, stock market, venture capital, finance, outsourcing, job (cmi santiago)

Is China going to produce the largest multinationals, banks, investors, traders and hightech companies? What is really inside Chinese society, politics, finance, banking, management, globalization? Talk to leading strategist George Zhibin Gu inside China.

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[Source: Yahoo! News Search Results for finance]

Tuesday, November 6, 2007

Geneva Finance in bank's hands (Stuff)

Stricken finance company Geneva Finance remains very much in hands of Bank of Scotland (BoS), according to the company's trustee and an independent sharebroker.

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[Source: Yahoo! News Search Results for finance]

Market Chatter -- Corporate finance press digest (Reuters via Yahoo! Singapore News)

LONDON, Nov 6 - The following corporate finance-related stories involving U.S. and European companies were reported by media on Tuesday:

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[Source: Yahoo! News Search Results for finance]

Kuwait Finance House to jointly develop Bandar Nusajaya land (The Star--The People's Paper)

JOHOR BARU: Kuwait Finance House (M) Bhd (KFHMB) is currently in discussions with several foreign investors to jointly develop its land in Bandar Nusajaya near here.

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[Source: Yahoo! News Search Results for finance]

Indonesia`s Jababeka nets US$106 mln loan to finance power plant (Antara News)

Industrial estate operator PT Kawasan Industry Jababeka (JSX:KIJA) will receive a loan of US$106 million late this month to finance the construction of a power plant in its industrial estate in Cikarang, West Java.

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[Source: Yahoo! News Search Results for finance]

Clifford Chance Lays Off Six Structured Finance Associates (Law.com via Yahoo! Finance)

In one of the first clear signs that slumping credit markets are causing economic pain at law firms, Clifford Chance on Monday laid off a group of associates in the structured finance area.

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[Source: Yahoo! News Search Results for finance]

Open Offer To Acquire Shares Of Jatia Finance (Nasdaq)

(RTTNews) - Tuesday, Anil Raika, Smt. Ambika Raika, Mahesh Saraf and Smt. Sarita Saraf through Fedex Securities made an open offer to shareholders of Jatia Finance to acquire 10 lakh shares of Rs. 10 each representing 20% of voting rights at a price of Rs. 5 per share payable in cash.

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[Source: Yahoo! News Search Results for finance]

Title and Synopsis: MAS Finance Scholarship Programme open to those outside financial sector (Zaobao.com)

To cultivate new financial talent to support the next stage of development of the local financial industry, the Monetary Authority of Singapore has launched Phase 2 of its Finance Scholarhip Programme.

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[Source: Yahoo! News Search Results for finance]

Xinhua Finance Boosts 3Q Revenue Outlook (AP via Yahoo! Finance)

Xinhua Finance Media Ltd., a diversified financial and entertainment media company, raised its third-quarter revenue forecast on Monday, citing stronger-than-expected growth in the company's business and contributions from acquisitions.

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[Source: Yahoo! News Search Results for finance]

Clifford Chance Lays Off Six Structured Finance Associates (Law.com)

In one of the first clear signs that slumping credit markets are causing economic pain at law firms, Clifford Chance on Monday laid off a group of associates in the structured finance area. The six associates, all relatively senior, were in a practice group that worked exclusively for credit rating agency Standard & Poor's, reviewing documentation S&P used to rate mortgage-backed securities. ...

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[Source: Yahoo! News Search Results for finance]

Sunday, November 4, 2007

Etisalat seeks $800m loan to finance network in Egypt (Khaleej Times)

DUBAI Emirates Telecommunications Corporation (Etisalat), the second-biggest Arab telecom firm by market value, is seeking an $800 million loan to finance the mobile phone network of its Egyptian unit, THE Middle East Economic Digest said.

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[Source: Yahoo! News Search Results for finance]

German finance minister warns parties ahead of key meeting (AFP via Yahoo! News)

Germany's Finance Minister Peer Steinbruck warned against going back on tough spending restrictions which have helped relaunch the economy, ahead of a crunch meeting of the ruling coalition on Sunday.

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[Source: Yahoo! News Search Results for finance]

German finance minister warns parties ahead of key meeting (TODAYonline)

Germany's Finance Minister Peer Steinbruck, seen here in October 2007, warned against going back on tough spending restrictions which have helped relaunch the economy, ahead of a crunch meeting of the ruling coalition on Sunday.

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[Source: Yahoo! News Search Results for finance]

QNB Al Islami Platinum & Strategic Partner for World Islamic Infrastructure Finance Conference (AME Info)

QNB Al Islami, the Islamic banking wing of Qatar National Bank, will be the Strategic Partner and Shari'a & Business Open Forum host for the upcoming'Second Annual World Islamic Infrastructure Finance Conference (WIIFC)'.

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[Source: Yahoo! News Search Results for finance]

Community Finance Center (Paris Beacon)

The Community Finance Center opened its doors in Paris on Nov. 3, 1997. Special customer appreciation events will be held throughout the month of November in honor of the 10th anniversary.

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[Source: Yahoo! News Search Results for finance]

German finance minister warns parties ahead of key meeting (Independent Online)

Germany's Finance Minister Peer Steinbruck warned against going back on tough spending restrictions which have helped relaunch the economy, ahead of a crunch meeting of the ruling coalition.

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[Source: Yahoo! News Search Results for finance]

The week's 10 best Personal Finance stories -- Oct. 29-Nov. 2 (Market Watch)

In case you missed them, here are the top 10 Personal Finance stories from MarketWatch for the week of Oct. 29-Nov. 2:

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[Source: Yahoo! News Search Results for finance]

Saturday, November 3, 2007

Hospital finance panel to recommend $95M budget for next year (West Central Tribune)

WILLMAR The finance committee of the Rice Memorial Hospital board is recommending a $95.8 million budget and a 5 percent rate increase for 2008.

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[Source: Yahoo! News Search Results for finance]

Spearfish finance officer to retire (Rapid City Journal)

SPEARFISH - After 35 years in the city finance office, Beth Benning has announced her retirement.

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[Source: Yahoo! News Search Results for finance]

PPP approaches Finance permanent secretary to lead economic team (The Nation)

The People Power Party has approached permanent secretary for Finance Suparat Khawatkul, inviting him to resign to lead its economic team. A party source said the PPP is awaiting a decision of the permanent secretary.

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[Source: Yahoo! News Search Results for finance]

St. Paul City Council / Hosko files campaign finance paperwork (Pioneer Press)

St. Paul City Council candidate Bill Hosko finally complied with election finance laws Friday, days before general election voters will weigh his challenge to Ward 2 incumbent Dave Thune.

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[Source: Yahoo! News Search Results for finance]

Investors concerned for Geneva Finance (TVNZ)

The Consumer Institute believes investors have good reason to be concerned about the future of Geneva Finance. Geneva Finance is under pressure to reveal more about its financial problems.

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[Source: Yahoo! News Search Results for finance]

Firm Settles Student Finance Corp. Suit (AP via Yahoo! Finance)

A Philadelphia law firm and one of its partners have won court approval to settle, in secret, a lawsuit brought against them by creditors who lost more than $500 million in the 2002 collapse of Student Finance Corp.

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[Source: Yahoo! News Search Results for finance]

Hugine appointed to HBCU Capital Finance Board (The Times and Democrat)

South Carolina State University President Andrew Hugine Jr. has been appointed to the Historically Black Colleges and Universities Capital Finance Board by U.S. Secretary of Education Margaret Spellings.

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[Source: Yahoo! News Search Results for finance]

Publisher elects new finance VP (The Post and Courier)

John P. Barnwell was elected chief financial officer and vice president for finance and administration of Evening Post Publishing Co., the company said. Barnwell succeeds James W. Martin, who retired in April. Charleston-based Evening Post Publishing owns The Post and Courier and ot...

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[Source: Yahoo! News Search Results for finance]

Hosko files campaign finance info a week late (Pioneer Press)

Ward 2 city council candidate Bill Hosko has finally complied with election finance laws, just days before general election voters will weigh his challenge to incumbent Dave Thune.

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[Source: Yahoo! News Search Results for finance]

Davenport Mayoral race: Final quarter campaign finance disclosures are in (Quad-City Times)

Bill Gluba outraised Phil Yerington by about $3,500 in the past quarter, according to the last campaign finance disclosure reports filed before Tuesdays general election.

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[Source: Yahoo! News Search Results for finance]

Friday, November 2, 2007

Eddy, Smith top spending list in finance reports (Worcester Telegram & Gazette)

WORCESTER - The nine candidates for five City Council district seats dug into their war chests and spent a total of $33,145.10 in the home stretch of the campaign, according to the latest round of campaign finance reports filed this week in the city clerk's office.

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[Source: Yahoo! News Search Results for finance]

Consumers Institute barred from Geneva Finance meeting (NZPA via Yahoo!Xtra News)

The Consumers Institute said today it is concerned at the lack of information for investors provided by Geneva Finance ahead of its meeting on Monday.

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[Source: Yahoo! News Search Results for finance]

Eversheds hosts Islamic finance forum in Doha (Khaleej Times)

DUBAI The inaugural Eversheds Banking and Islamic Finance Forum was held on October 31, 2007, in Doha to mark the formal opening of the Qatar office (in the Qatar Financial Centre) of the international law firm.

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[Source: Yahoo! News Search Results for finance]

Finance News Network Interview With Clancy Exploration (ASX: CLY) Managing Director Mark Stewart. (ACN Newswire via Yahoo!7 Finance)

Sydney, Australia, Nov 2, 2007 - (ABN Newswire) - Clancy Exploration is a precious and base metals explorer. The company began trading on the ASX in March this year and is rapidly moving forward.In this interview Finance News Network reporter David Taylor talks with Mark Stewart about the company's share price and the new phase the explorer is moving into. Clancy's October/November corporate ...

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[Source: Yahoo! News Search Results for finance]

secretive China: puzzles of Chinese multinationals, stock market, finance, outsourcing job (cmi valparaso)

Watch out on China: great opportunities, huge conflicts and coming troubles. Explore what is really inside Chinese multinationals, finance, trade, jobs, technology, outsourcing, politics and globalization.

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[Source: Yahoo! News Search Results for finance]

Finance officials to be moved on court orders (Bangkok Post)

The Finance Ministry will return four high-ranking officials to positions similar to their previous posts after their promotions to deputy director-general of the Revenue Department in 2001 were ruled illegal, Deputy Finance Minister Sommai Phasi said yesterday.

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[Source: Yahoo! News Search Results for finance]

Italian finance minister backs changes to IMF panel (Reuters via Yahoo! India News)

MILAN (Reuters) - Italian Finance Minister Tommaso Padoa-Schioppa, who chairs the International Monetary Fund's steering committee, has proposed the IMF post be limited to three years and rotated among different geographic areas.

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[Source: Yahoo! News Search Results for finance]

Time for a change: Village finance director resigns (Ruidoso News)

Offering congratulations on her, "hard work, dedication and high ethical standards," Ruidoso Greg Cory asked a few parting budget questions of Ruidoso Village Finance Director Elaine Beltran Tuesday.

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[Source: Yahoo! News Search Results for finance]

Failed property finance to put deal to investors (NZPA via Yahoo!Xtra News)

NZAX-listed Propertyfinance Group (PFG) said it plans a meeting of debentureholders to discuss a restructuring proposal that would allow its finance company Propertyfinance Securities (PFS) to come out of receivership.

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[Source: Yahoo! News Search Results for finance]

Thursday, November 1, 2007

Jonathan Gray, 59, Finance Analyst (The New York Sun)

Jonathan Gray, who died Monday at Mount Sinai Hospital, was a longtime mortgage and finance analyst for the investment firm of AllianceBernstein L.P. He was 59. A well-respected and oftenquoted figure in the industry, he was elected to the Institutional Investor All-Star team for 29 of the last 30 years, missing only 2003 because of an illness. A native of Kingston, Pa., where his parents ran a ...

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[Source: Yahoo! News Search Results for finance]

Advantage of Youth: ignorance

Young people make better entrepreneurs because they're too inexperienced to know that their ideas are silly:


The mistakes novices make come from a lack of experience. They overestimate mere fads, seeing revolution everywhere, and they make this kind of mistake a thousand times before they learn better. But the experts make the opposite mistake, so that when a real once-in-a-lifetime change comes along, they regard it as a fad. As a result of this asymmetry, the novice makes their one good call during an actual revolution, at exactly the same time the expert makes their one big mistake, but at that moment, that’s all that is needed to give the newcomer a considerable edge.


» corante.com [ Contribute: submit link / submit article / submit company ]



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[Source: TradeBlog (TM) .net / Personal Finance Blog]

Court action over Electoral Finance Bill (Newstalk via Yahoo!Xtra News)

A court challenge is being made against the Electoral Finance Bill.

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[Source: Yahoo! News Search Results for finance]

WNESU hires new finance director (Brattleboro Reformer)

ROCKINGHAM -- The Windham Northeast Supervisory Union board voted Tuesday to hire Andrea Allbee as the district's new finance director. Allbee has been working as an accountant with the Windham Southeast Supervisory Union and is an assistant to WSESU business administrator Jim Kane.

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[Source: Yahoo! News Search Results for finance]

That's all there is for tax cuts, Finance Minister Jim Flaherty says (The Canadian Press via Yahoo! Canada News)

OTTAWA - The Conservative government has more than fulfilled its election promises on tax cuts, so Canadians should not expect more goodies in the spring budget, Finance Minister Jim Flaherty said Wednesday.

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[Source: Yahoo! News Search Results for finance]

Renton City Council candidate says critic violating finance statutes (Seattle Times)

A Renton City Council candidate has alleged that a vocal critic violated campaign-finance rules with an antagonistic Web site and yard signs...

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[Source: Yahoo! News Search Results for finance]

Mayor Dean appoints Metro finance, law directors (The Tennessean)

Mayor Karl Dean has appointed a longtime legal associate to be Metro government's next law director and tapped an experienced banker and public official to be the city's new finance chief.

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[Source: Yahoo! News Search Results for finance]

That's all there is for tax cuts, Finance Minister Jim Flaherty says (Canadian Business)

Julian Beltrame, The Canadian Press October 31, 2007 - 6:40 p.m. OTTAWA - The Conservative government has more than fulfilled its election promises on tax cuts, so Canadians should not expect more goodies in the spring budget, Finance Minister Jim Flaherty said Wednesday.

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[Source: Yahoo! News Search Results for finance]

The most popular Personal Finance stories of the past 10 years (Market Watch)

SAN FRANCISCO (MarketWatch) -- What are the personal finance topics on people's minds? Taxes and work-related information are near the top of the list. Gasoline prices, credit scores, taxes, retirement, taxes, real estate and mutual funds also are important, judging from the list of most popular Personal Finance stories published by MarketWatch since the site launched 10 years ago this week. Oh, ...

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[Source: Yahoo! News Search Results for finance]

Indian Oil, Finance Ministers Meet To Discuss Crude Prices (Nasdaq)

NEW DELHI -(Dow Jones)- Indian Petroleum Minister Murli Deora and Finance Minister P. Chidambaram met Thursday to discuss ways of mitigating the impact of record global crude oil prices on local consumers and government-run refiners.

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[Source: Yahoo! News Search Results for finance]

Wednesday, October 31, 2007

SAfrican finance minister forecasts lower growth in mini-budget (AFP via Yahoo! News)

South Africa's Finance Minister Trevor Manuel on Tuesday forecast lower growth on the back of global uncertainty, saying he would hoard some surplus revenues to absorb future shocks.

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[Source: Yahoo! News Search Results for finance]

Mawarid signs bank guarantee registration agreement with UAE Ministry of Finance and Industry (AME Info)

Mawarid Finance and the UAE's Ministry of Finance and Industry have signed a cooperation agreement authorizing Mawarid to provide automatic registration of bank guarantees issued in favour of the Ministry of Labor.

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[Source: Yahoo! News Search Results for finance]

Accounting, Finance Worker Confidence Up in Q3 (SmartPros Accounting)

Oct. 31, 2007 (SmartPros) The Accounting and Finance Employee Confidence Index, a measure of overall confidence among U.S. accounting and finance workers, increased 3.5 points to 67.5 in the third quarter of 2007, according to a recent survey commissioned by Spherion Corporation and conducted by Harris Interactive.

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[Source: Yahoo! News Search Results for finance]

Market Chatter -- Corporate finance press digest (Reuters via Yahoo! Singapore News)

LONDON, Oct 31 - The following corporate finance-related stories involving U.S. and European companies were reported by media on Wednesday:

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[Source: Yahoo! News Search Results for finance]

Finance director to run for court seat (The Decatur Daily)

MONTGOMERY State Finance Director Jim Main, who had a varied career as both a plaintiff and defense lawyer before entering state government, said Tuesday he plans to run for the Alabama Supreme Court next year.

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[Source: Yahoo! News Search Results for finance]

Campaign finance reports due Tues. (Provo Daily Herald)

To hear the two sides of the voucher debate, hundreds of small donors have stepped forward to be counted in sweeping grass-roots efforts. To look over campaign finance reports for September and October, due Tuesday, both sides appear to have Astroturf. While there are other funding mechanisms in place for Referendum 1, the voucher fight typically boils down to Parents for Choice in Education and ...

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[Source: Yahoo! News Search Results for finance]

Local finance officials unsure of portability impact (Naples Daily News)

Lawmakers work may be over but for local government officials, the number crunching has just begun. A day after Florida lawmakers passed a proposed property tax reform package that backers say will save taxpayers $12.5 billion over the next five years, school, county and municipal finance officials are trying to decipher from which pocket those savings will come.

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[Source: Yahoo! News Search Results for finance]

Cheyne Finance deal in doubt (FT.com via Yahoo! News)

A critical deal for troubled credit markets faced fresh uncertainty on Tuesday when doubts emerged over the proposed refinancing of the $6.6bn Cheyne Finance structured investment vehicle.

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[Source: Yahoo! News Search Results for finance]

Ontario shuffles cabinet, names Duncan to finance (Reuters via Yahoo! News)

Ontario Premier Dalton McGuinty named his energy minister, Dwight Duncan, the new finance minister on Tuesday in a sweeping cabinet shuffle less than a month after the Liberal government won reelection in the Canadian province.

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[Source: Yahoo! News Search Results for finance]

Tuesday, October 30, 2007

Dwight Duncan to take over as Finance Minister (680 News)

Toronto - Premier Dalton McGuinty has apparently made his decision as to who will take over as Finance Minister for the outgoing Greg Sorbara. Windsor MPP Dwight Duncan will take over the finance portfolio.

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[Source: Yahoo! News Search Results for finance]

Dinu Patriciu willing to finance a PSD-PNL alliance (Nine O'Clock)

Dinu Patriciu, the Liberal businessman, has once again pleaded for an alliance between the Social Democrats and the Liberals, portraying it as the only political solution able of ensuring a stable Government in the following six years, and has suggested that he could finance both parties in the election campaign.

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[Source: Yahoo! News Search Results for finance]

Developers' ties to a councilman test finance law (The Philadelphia Inquirer)

The close relationship between a city councilman and one of the city's largest developers is testing the boundaries of the city's new campaign-finance law.

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[Source: Yahoo! News Search Results for finance]

$588,000 bill for illegal charges hits finance firm (Stuff)

Finance company Geneva Finance has frozen investor repayments, shut down its branches, fired staff, and has now had to reverse $588,114 in illegal charges after a Commerce Commission investigation.

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[Source: Yahoo! News Search Results for finance]

Duncan to become next Ont. finance minister (CTV.ca)

Energy Minister Dwight Duncan will replace Greg Sorbara as finance minister when Ontario Premier Dalton McGuinty announces his new cabinet on Tuesday.

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[Source: Yahoo! News Search Results for finance]

Duncan to replace Sorbara as finance minister: CTV (CTV.ca)

Energy Minister Dwight Duncan will replace Greg Sorbara as finance minister when Ontario Premier Dalton McGuinty announces his new cabinet on Tuesday, CTV News has learned.

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[Source: Yahoo! News Search Results for finance]

Finance News Network Interview With Wasabi Energy (ASX: WAS) Managing Director Tim Wise. (ACN Newswire via Yahoo!7 Finance)

Sydney, Australia, Oct 30, 2007 - (ABN Newswire) - The full report is available at the following video and audio links.Video Linkhttp://abnnewswire.net/fnnlnk/8MO3344KAudio Linkhttp://abnnewswire.net/lnk/B6C8HUN0About Finance News NetworkFinance News Network (FNN) has been producing up-to-date concise business and finance news tailored to traders and investors alike since 2002.

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[Source: Yahoo! News Search Results for finance]

Duncan new finance minister (Newstalk 1010 CFRB)

It appears that Premier Dalton McGuinty has made his choices as he prepares to unveil a new cabinet on Tuesday. The Canadian Press is reporting that Dwight Duncan (photo) will be named Ontario's finance minister, as expected.

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[Source: Yahoo! News Search Results for finance]

Kenya: Finance Bill Hits Plastics Industry As Region Acts (AllAfrica.com)

The plastics industry in Kenya now faces the twin challenge of scaling down or closure of operations and losing its market share in the East African region following parliament's approval of the Finance Bill last week.

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[Source: Yahoo! News Search Results for finance]

Saturday, October 27, 2007

Personal Finance 101 (About.com)

Personal finance encompasses a number of important topics from saving, investing, debt, and insurance to name a few. I have put together an overview of some of the most important...

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[Source: Yahoo! News Search Results for finance]

German Deputy Finance Minister Hendricks to Quit for Party Post (Bloomberg.com)

Oct. 27 (Bloomberg) -- German Deputy Finance Minister Barbara Hendricks will quit her post next month after being elected treasurer of the ruling Social Democrats, the Finance Ministry said in a statement.

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[Source: Yahoo! News Search Results for finance]

CORRECTING and REPLACING Ethan Allen Announces New Vice President of Finance and Treasurer (Finanzen.net)

In release dated October 26, 2007, name should read David Callen (sted David Cullen) in all instances. The corrected release reads: ETHAN ALLEN ANNOUNCES NEW VICE PRESIDENT OF FINANCE AND TREASURER Ethan Allen Interiors ...

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[Source: Yahoo! News Search Results for finance]

Ontario's Sorbara to quit finance minister post (Reuters via Yahoo! News)

Ontario Finance Minister Greg Sorbara said on Friday that he is not seeking a cabinet post, delivering the news just days before the premier of Canada's most populous province is set to name a new cabinet.

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[Source: Yahoo! News Search Results for finance]

The week's 10 best Personal Finance stories -- Oct. 22-26 (Market Watch)

In case you missed them, here are the top 10 Personal Finance stories from MarketWatch for the week of Oct. 22-26:

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[Source: Yahoo! News Search Results for finance]

Ontario finance minister Sorbara to quit cabinet (Reuters via Yahoo! News)

Ontario Finance Minister Greg Sorbara said on Friday that he is not seeking a cabinet post as the premier of Canada's most populous province prepares to name a new cabinet.

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[Source: Yahoo! News Search Results for finance]

Gulf finance ministers discuss single currency obstacles (TODAYonline)

Finance ministers and bankers from the Gulf Cooperation Council on Saturday discussed how to overcome obstacles to its planned single currency launch in 2010, GCC chief Abdulrahman al-Attiyah, seen here in March 2007, said.

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[Source: Yahoo! News Search Results for finance]

Arroyo to keynote local govt finance confab (Sun Star)

PRESIDENT Gloria Macapagal-Arroyo will be arriving in Dumaguete City to keynote the first local government finance conference on October 29, 2007.

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[Source: Yahoo! News Search Results for finance]

Gulf finance ministers discuss single currency obstacles (AFP via Yahoo! News)

Finance ministers and bankers from the Gulf Cooperation Council on Saturday discussed how to overcome obstacles to its planned single currency launch in 2010, GCC chief Abdulrahman al-Attiyah said.

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[Source: Yahoo! News Search Results for finance]

Duncan may get 2nd kick at finance (Windsor Star)

Windsor-Tecumseh MPP Dwight Duncan is being suggested as a possible replacement for Ontario Finance Minister Greg Sorbara, who announced Friday he won't seek a cabinet position.

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[Source: Yahoo! News Search Results for finance]

Friday, October 26, 2007

New Zealand Finance Chief Considering Tax Cuts (Nasdaq)

(RTTNews) - New Zealand Finance Minister Michael Cullen says tax cuts can take place without sending inflation out of control. In a broadcast interview, Cullen said it appeared the government would upwardly revise its tax receipts figures, and could use the underestimated funds to reduce taxes.

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[Source: Yahoo! News Search Results for finance]

New Zealand Finance Minister Mulls Tax Cuts (Nasdaq)

(RTTNews) - Backed by hefty treasury surpluses, the New Zealand Finance Minister Michael Cullen is considering tax cuts on personal income in next year's budget, according to media reports.

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[Source: Yahoo! News Search Results for finance]

WNESU finance director will step down in January (Brattleboro Reformer)

ROCKINGHAM -- Windham Northeast Supervisory Union finance director Michael Ricci will be leaving at the beginning of next year. Ricci announced his resignation at the monthly WNESU board meeting Wednesday night.

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[Source: Yahoo! News Search Results for finance]

Deputy finance minister defends Deposit Insurance Institute Act (MCOT - TNA English News)

BANGKOK, Oct 26 (TNA) Deputy Finance Minister Sommai Pasi on Thursday reiterated the ministry's position that the issue of Thailand's new Deposit Insurance Institute Act would not affect most depositors because up to 98 per cent of them hold deposits amounting to less than one million baht each.

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[Source: Yahoo! News Search Results for finance]

GCC Finance Chiefs, Bank Governors to Meet Amid High Inflation, Weak Dollar (Arab News)

JEDDAH, 26 October 2007 The Gulf Cooperation Council (GCC) ministers of finance and economy and central bank governors will hold their 74th meeting here tomorrow and are scheduled to review a number of topics pertaining to joint economic cooperation, SPA news agency website said yesterday.

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[Source: Yahoo! News Search Results for finance]

GCC Finance Chiefs, Bank Governors to Meet Amid High Inflation, Weak Dollar (MENAFN)

GCC Finance Chiefs, Bank Governors to Meet Amid High Inflation, Weak Dollar

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[Source: Yahoo! News Search Results for finance]

B.C. finance minister says her officials looking at carbon tax (The Canadian Press via Yahoo! Canada News)

VICTORIA - B.C.'s finance minister says her officials are looking at whether to introduce a carbon tax aimed at curbing greenhouse gas emissions.

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[Source: Yahoo! News Search Results for finance]

Geneva Finance to shut branches, says not collapsing (NZPA via Yahoo!Xtra News)

Troubled finance company Geneva Finance is closing its branches and laying off staff, but said it would continue to lend through a direct lending centre and mobile managers.

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[Source: Yahoo! News Search Results for finance]

Finance Ministry bureaucrats accused of raping woman (Asahi.com)

Two Finance Ministry officials were arrested Thursday on suspicion of gang-raping a woman at her apartment in Tokyo's Nakano Ward early Feb. 23 after a number of drinks.

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[Source: Yahoo! News Search Results for finance]

Thursday, October 25, 2007

Housing Bank to lead manage syndicated JD66m loan to finance light rail project (MENAFN)

Housing Bank to lead manage syndicated JD66m loan to finance light rail project

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[Source: Yahoo! News Search Results for finance]

Business finance, city and markets news (Interactive Investor)

Business Finance and city news online from Interactive Investor (www.iii.co.uk). Plus financial and currency market news and information 24/7. Stock prices, share prices, currency markets news and business finance headlines. Also news from AFX and Reuters.

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[Source: Yahoo! News Search Results for finance]

Richelieu Finance owns over 7 pct of capital of Partouche (Sharewatch)

PARIS (Thomson Financial) - Richelieu Finance has increased its stake in Partouche from around 4 pct to 7.21 pct of the capital and voting rights of the predominantly family-owned casino business, Les Echos reported, citing Richelieu Finance president Gerard Augustin-Normand.

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[Source: Yahoo! News Search Results for finance]

Senator Roberts: Senate Finance Committee approves ag tax package (High Plains Journal)

U.S. Senator Pat Roberts, R-KS, Oct. 4 announced the Senate Finance Committee on which he serves approved The Heartland, Habitat, Harvest and Horticulture Act. The bill includes several tax provisions important to Kansas agriculture.

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[Source: Yahoo! News Search Results for finance]

Allen & Overy Signs Freshfields Italy Finance Head (Law.com via Yahoo! Finance)

Allen & Overy has hired Freshfields' Italian finance head Stefano Sennhauser, in a move that helps the U.K. giant rebuild its Italian practice. Sennhauser focuses on real estate finance, securitization and restructing.

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[Source: Yahoo! News Search Results for finance]

Allen & Overy Signs Freshfields Italy Finance Head (Law.com)

Allen & Overy has hired Freshfields' Italian finance head Stefano Sennhauser, in a move that helps the U.K. giant rebuild its Italian practice. Sennhauser focuses on real estate finance, securitization and restructing. He will work in the Milan office, which recently lost banking partners Davide Mencacci and Giancarlo Castorino. A&O lost its single-partner Turin branch in October 2006.

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[Source: Yahoo! News Search Results for finance]

(AFX UK Focus) 2007-10-25 07:40 GMT: Polish PM-in-waiting says Jankowiak, Petru in running for finance minister role (Interactive Investor)

WARSAW (Thomson Financial) - Economists Janusz Jankowiak and Ryszard Petru are "good names" in the race to become Polands new finance minister but the final decision will likely depend on recommendations made by the Civic Platform's economic affairs chief Zbigniew Chlebowski, prime-minister in waiting Donald Tusk said.

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[Source: Yahoo! News Search Results for finance]

Angola: Finance Deputy Minister Expected in Sumbe City Thursday (AllAfrica.com)

The deputy minister of Finance, Arlindo Praia Sicato is expected Thursday in Sumbe city, coastal Kwanza Sul province, to learn about the functioning of the sector.

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[Source: Yahoo! News Search Results for finance]

Munich Re to sign deal next wk with India's Housing Development Finance-report (FinanzNachrichten)

FRANKFURT (Thomson Financial) - Muenchener Rueckversicherung AG is expected to sign a deal next week with India's Housing Development Finance Corp ( Nachrichten ) Ltd regarding a wide-ranging insurance marketing agreement in that country, Frankfurter Allgemeine Zeitung said, citing sources.

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[Source: Yahoo! News Search Results for finance]

Wednesday, October 24, 2007

NorthStar Realty Finance Sets Dividend (AP via Yahoo! Finance)

NorthStar Realty Finance Corp. on Tuesday announced a third-quarter cash dividend of 36 cents per share. The New York-based company will pay the dividend Nov. 15 to shareholders of record Nov. 7.

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[Source: Yahoo! News Search Results for finance]

Canadian finance minister urges retailers to slash prices (AFP/File via Yahoo! News)

Canada's finance minister called on wholesalers and retailers on Tuesday to lower their prices to make them reflect the new strength of the Canadian dollar, which is now stronger than the US greenback.

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[Source: Yahoo! News Search Results for finance]

Finance Minister Calls For Fast Approval Of S. Korea-U.S. FTA (Asia Pulse via Yahoo!7 News)

South Korea's finance minister has called on U.S. business leaders to support a fast ratification of the free trade agreement (FTA) reached by the two countries in June, officials said Wednesday.

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[Source: Yahoo! News Search Results for finance]

Finance Wales denies buyout plans (icWales)

FINANCE Waless diversity of financial products would make any potential sell-off in its entirety unlikely, its investment director Peter Wright said yesterday.

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[Source: Yahoo! News Search Results for finance]

FINANCE MINISTER CALLS FOR FAST APPROVAL OF S. KOREA-U.S. FTA (Asia Pulse via Yahoo!7 Finance)

Food South Korea's finance minister has called on U.S. business leaders to support a fast ratification of the free trade agreement (FTA) reached by the two countries in June, officials said Wednesday.

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[Source: Yahoo! News Search Results for finance]

Gulf Finance House Q3 net up 44 pct, boosted by Energy City India fund (FinanzNachrichten)

LONDON (Thomson Financial) - Gulf Finance House ( Nachrichten ) BSC beat market expectations to report a 44 pct rise in third-quarter net profit, saying its Energy City India fund and additional Khaleeji Commercial Bank share sale were key contributors to the results.

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[Source: Yahoo! News Search Results for finance]

Profits up for Dominion Finance (Newstalk via Yahoo!Xtra News)

Dominion Finance has recorded a record net profit of $9.4 million for the six months to September 30, 33 percent higher than the same period last year.

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[Source: Yahoo! News Search Results for finance]

GROUP OF BANKS TO FINANCE ACQUISITION OF LONSUM BY INDOFOOD (Asia Pulse via Yahoo!7 Finance)

Agribusiness PT Bank Central Asia (BCA)(JSX:BBCA) and a number of foreign banks have pledged a loan for Indonesian food giant PT Indofood Sukses Makmur (JSX:INDF) to finance acquisition of plantation company PT London Sumatra Plantation (Lonsum).

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[Source: Yahoo! News Search Results for finance]

Dominion bucks finance sector trend (NZPA via Yahoo!Xtra News)

Finance company Dominion Finance Holdings (DFH) posted a record interim profit today and said it was seeking a Standard and Poor's credit rating to meet public expectations.

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[Source: Yahoo! News Search Results for finance]

Group Of Banks To Finance Acquisition Of Lonsum By Indofood (Asia Pulse via Yahoo!7 News)

PT Bank Central Asia (BCA)(JSX:BBCA) and a number of foreign banks have pledged a loan for Indonesian food giant PT Indofood Sukses Makmur (JSX:INDF) to finance acquisition of plantation company PT London Sumatra Plantation (Lonsum).

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[Source: Yahoo! News Search Results for finance]

Tuesday, October 23, 2007

GCC economic boom boosts Islamic project finance (AME Info)

The Middle East's premier business intelligence service, MEED, has launched The Islamic Project Finance Report.

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[Source: Yahoo! News Search Results for finance]

Claremont, Williams Mega-Gifts Finance Fund Campaigns (Update1) (Bloomberg.com)

Oct. 22 (Bloomberg) -- Liberal arts colleges in the U.S. are attracting alumni gifts of $10 million or more at a record pace to finance their competition with Ivy League universities for the nation's premier students.

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[Source: Yahoo! News Search Results for finance]

Accounting, Finance Salaries on the Rise (SmartPros Accounting)

Oct. 23, 2007 (SmartPros) Starting salaries for accounting and finance professionals are expected to increase an average of 4.3 percent in 2008, according to the annual salary guide by Robert Half International.

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[Source: Yahoo! News Search Results for finance]

Russia to repay debt to UAE by Dec 10 - Finance Ministry (Interfax)

WASHINGTON. Oct 23 (Interfax) - Russia will repay its debt to the United Arab Emirates by December 10, Deputy Finance Minister Sergei Storchak told journalists in Washington.

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[Source: Yahoo! News Search Results for finance]

French Finance Minister Speaks in U.S. (AP via Yahoo! Finance)

French finance minister Christine Lagarde said Monday she expects the government to succeed in paring costly pension benefits for some train and mine workers, despite last week's crippling strike of the country's transit system.

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[Source: Yahoo! News Search Results for finance]

Mawarid Finance launches Emirati-inspired marketing campaign (AME Info)

Mawarid Finance has launched its 'Falak Tayyeb' marketing campaign to officially announce its activities as a new finance company in the UAE.

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[Source: Yahoo! News Search Results for finance]

SA business women struggling to access finance (SABC News)

Financial Institutions in South Africa are making it difficult for women to obtain finance and get ahead with their businesses. Western Cape Minister of Transport and Public Works, Marius Fransman, has chastised banks for their lack of support.

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[Source: Yahoo! News Search Results for finance]

Finance Board OKs $79,000 for Flight Plan Fight (Westport News)

With little opposition, the Board of Finance approved on Wednesday First Selectman Gordon F. Joseloff's request for $79,000 to join a coalition of lower Fairfield County cities and towns opposing revised flight patterns started by the Federal Aviation Agency (FAA).

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[Source: Yahoo! News Search Results for finance]

Allco Finance to buy Rubicon Holdings (AAP via Yahoo!Xtra News)

Allco Finance Group has agreed to buy the remaining 79.6 per cent of Rubicon Holdings that it does not already own in a cash and scrip deal.

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[Source: Yahoo! News Search Results for finance]

Sembcorp Marine Sacks Finance Director (AP via Yahoo! Finance)

Singapore-based SembCorp Marine Ltd. said it sacked its finance director after he allegedly entered into unauthorized foreign exchange transactions that could lead to an estimated US$248 million in potential losses.

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[Source: Yahoo! News Search Results for finance]

Friday, October 19, 2007

PepsiCo Finance Executive Sells Stock (AP via Yahoo! Finance)

The senior vice president of finance at PepsiCo Inc., a beverage and snack company, exercised options for 47,177 shares of stock, according to a Securities and Exchange Commission filing Wednesday.

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[Source: Yahoo! News Search Results for finance]

Zeti: Islamic Finance Is The New Silk Road (Bernama)

WASHINGTON, Oct 19 (Bernama) -- Islamic finance has the potential to become the "New Silk Road" that will enhance economic and financial linkages not only between Asia and the Middle East but also the rest of the world, Bank Negara Malaysia governor Tan Sri Dr Zeti Akhtar Aziz said here Thursday.

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[Source: Yahoo! News Search Results for finance]

Government to finance education of specialist doctors, VP says (Antara News)

Vice President Jusuf Kalla said the government would finance the education of specialist doctors in an effort to improve the capability and human resources of Indonesian medical practitioners.

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[Source: Yahoo! News Search Results for finance]

Acom Return to Profit Boosts Japanese Consumer Finance Shares (Bloomberg.com)

Oct. 19 (Bloomberg) -- Acom Co., Japan's second-largest consumer finance firm by market value, rose the most in eight years in Tokyo, leading consumer lenders higher after reporting a return to profit for its fiscal first half.

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[Source: Yahoo! News Search Results for finance]

James Shapiro '10: Ratty-nomics: What the meal plan can teach us about healthcare finance (Brown Daily Herald)

Universal health care will, in all likelihood, be the defining domestic issue in the 2008 presidential election. We can understand most of the major problems with healthcare finance by examining a slightly different type of universal coverage, the Brown meal plan.

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[Source: Yahoo! News Search Results for finance]

Japanese Finance Minister Expected To Meet US Counterpart Ahead Of G7 Meeting (Nasdaq)

(RTTNews) - Japanese Finance Minister Fukushiro Nukaga and U.S. Treasury Secretary Henry Paulson are expected to hold talks Friday ahead of a one-day G-7 meeting in Washington.

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[Source: Yahoo! News Search Results for finance]

G7 finance chiefs aim to calm uneasy global markets (Washington Post)

WASHINGTON (Reuters) - With global economic growth waning and a credit crunch threatening, finance chiefs from rich nations were gathering on Friday to mull how to control strains in financial markets and keep expansion going.

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[Source: Yahoo! News Search Results for finance]

Longtime finance director Teri Ferro resigns from City Hall (The Californian)

MURRIETA ---- The exodus from City Hall continued Thursday, when longtime Finance Director Teri Ferro announced she was resigning to accept the same role in the city of Oceanside.

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[Source: Yahoo! News Search Results for finance]

South Korean Market Declines On Selling In Finance, Blue-chip Stocks (Nasdaq)

(RTTNews) - South Korean stocks opened sharply lower Friday on selling in finance, steel and other blue-chip shares.

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[Source: Yahoo! News Search Results for finance]

Wetherspoon names new finance director (Reuters via Yahoo! UK & Ireland News)

Pub group JD Wetherspoon said on Friday it had appointed Keith Down as finance director, replacing Jim Clarke.

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[Source: Yahoo! News Search Results for finance]

Thursday, October 18, 2007

Finance chairman: County could be bankrupt in five years (Portage Daily Register)

Something has to give soon, according to the Columbia County Finance Committee chairman, or the entire county could find itself bankrupt inside five years.Chairman John Tramburg presented the 306-page 2008 annual budget to the County Board of Supervisors with that warning Wednesday. He cited state-imposed levy limits, unfunded mandates from the state, rising costs and uncertain state funding due ...

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[Source: Yahoo! News Search Results for finance]

Bad debts hit finance company profits (AAP via Yahoo!7 News)

A steep rise in bad debts has kept profits flat for Australia's finance companies, but the rest of the lending market shouldn't be too alarmed, KPMG says.

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[Source: Yahoo! News Search Results for finance]

Lottery may help finance health care (Pasadena Star-News)

Wall Street analysts told a state Senate hearing Wednesday that California might be able to lease its lottery for enough money to help finance health-care reform - but only if lawmakers and voters significantly loosen the rules that were enacted to prevent runaway gambling.

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[Source: Yahoo! News Search Results for finance]

Finance News Network Talks With InfoChoice.com.au's (ASX: ICH) Denis Orrock About The Mortgage Market. (ACN Newswire via Yahoo!7 Finance)

Sydney, Australia, Oct 18, 2007 - (ABN Newswire) - The full report is available at the following video and audio links.Video Linkhttp://abnnewswire.net/fnnlnk/IIEPXY5CAudio Linkhttp://abnnewswire.net/lnk/54SA8267About Finance News NetworkFinance News Network (FNN) has been producing up-to-date concise business and finance news tailored to traders and investors alike since 2002.

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[Source: Yahoo! News Search Results for finance]

Wednesday, October 17, 2007

Prepared Statement by Treasury Under Secretary David McCormick in Advance of Meetings of the G-7 Finance Ministers and ... (United States Department of the Treasury)

Good afternoon. I am looking forward to a very busy set of meetings over the next several days. Secretary Paulson will host G-7 Finance Ministers and Central Bank Governors here at the Treasury on Friday.

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[Source: Yahoo! News Search Results for finance]

Cheyne Finance SIV May Not Be Able to Pay Debts, Receiver Says (Bloomberg.com)

Oct. 17 (Bloomberg) -- Cheyne Finance Plc, the structured investment vehicle managed by hedge fund Cheyne Capital Management Ltd., may not be able to pay its debts, receiver Deloitte & Touche LLP said today.

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[Source: Yahoo! News Search Results for finance]

Ship Finance Int'l Agrees to Sell Tanker (AP via Yahoo! Finance)

Oil tanker operator Ship Finance International Ltd. said Wednesday it agreed to sell a single-hull tanker to an undisclosed party for $54.5 million.

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[Source: Yahoo! News Search Results for finance]

Cheyne Finance SIV May Not Be Able to Pay Its Debts (Update1) (Bloomberg.com)

Oct. 17 (Bloomberg) -- Cheyne Finance Plc, the structured investment vehicle managed by hedge fund Cheyne Capital Management Ltd., may not be able to pay its debts, receivers from Deloitte & Touche LLP said.

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[Source: Yahoo! News Search Results for finance]

Euro firm as dealers eye meeting of G7 finance ministers (AFP via Yahoo! News)

The euro edged up against the dollar as the foreign exchange market awaited this week's meeting of G7 finance ministers, dealers said Wednesday.

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[Source: Yahoo! News Search Results for finance]

FINANCE CHIEF FIRED (The Patriot-News)

LEBANON - Former Lebanon City Finance Director Gerald Weise said he recommended Mayor Bob Anspach eliminate three city administrative positions, including his own. It was one way, Weise said he told Anspach, to avoid laying off police and firemen.

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[Source: Yahoo! News Search Results for finance]

Erinaceous appoints finance director (FT.com via Yahoo! News)

Erinaceous has shaken up its management team further with the appointment of Dominic Lavelle, the former finance director at Alfred McAlpine, as finance director at the property services group.

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[Source: Yahoo! News Search Results for finance]

Dollar gets respite ahead of G7 finance meeting (AFP via Yahoo! News)

The dollar firmed except against other major currencies except the yen Tuesday as currency markets took a time-out to mull potential moves at Friday's Group of Seven finance ministers meeting.

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[Source: Yahoo! News Search Results for finance]

Geneva Finance to repay late investors (NZPA via Yahoo!Xtra News)

Geneva Finance which defaulted on debenture repayments on Monday said it was still taking in money last week but those who invested since Thursday will get their money back.

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[Source: Yahoo! News Search Results for finance]

Japan Finance Minister Predicts G-7 Leaders To Pledge International Effort To Cope With Credit Crunch (Nasdaq)

(RTTNews) - Japan's Finance Minister is predicting joint efforts to deal with the global credit crunch will be endorsed by Group of Seven leaders this week.

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[Source: Yahoo! News Search Results for finance]

South Korean Economy To Grow Near 5.0% In 2007- Finance Ministry (Nasdaq)

(RTTNews) - South Korea's economic growth could reach the upper end of 4-5% range in 2007, the Finance Ministry said Wednesday. The ministry's earlier growth forecast was 4.6%. The upgrade was made in light of increasing exports and domestic consumption.

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[Source: Yahoo! News Search Results for finance]

Dollar gets respite ahead of G7 finance meeting (AFP via Yahoo! News)

The dollar firmed against other major currencies except the yen Tuesday as currency markets took a time-out to mull potential moves at Friday's Group of Seven finance ministers meeting.

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[Source: Yahoo! News Search Results for finance]

ots.CorporateNews: Deutsche Postbank AG / Startschuss fr den Postbank Finance Award 2008 / ... (OnVista)

17.10.07 09:37 (dpa-AFX) ots.CorporateNews: Deutsche Postbank AG / Startschuss fr den Postbank Finance Award 2008 / ...

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[Source: Yahoo! News Search Results for finance]

Major Players in Vehicle Finance Industry Come Together for Panel Discussion (The Auto Channel)

WASHINGTON, October 17, 2007; Top vehicle finance leaders will examine the vehicle financing environment in a panel discussion during the opening session of the American Financial Services Association (AFSA)'s 12th Annual Vehicle Finance Conference and Exposition, slated for February 6-8, 2008, at The Palace Hotel in San Francisco.

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[Source: Yahoo! News Search Results for finance]

Dilemma for Geneva Finance investors (TVNZ)

Three thousand investors in Auckland's troubled Geneva Finance company face a major dilemma. Do they accept a deal which means no repayments for at least six months or do they tip the business into receivership?

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[Source: Yahoo! News Search Results for finance]

New Zealand finance company halts payouts after default (The Star Online)

WELLINGTON (AP) - New Zealand company Geneva Finance said Wednesday it has stopped giving pay-outs to investors and will ask them to agree to a temporary freeze on repayments after defaulting on repayments Monday.

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[Source: Yahoo! News Search Results for finance]

Tuesday, October 16, 2007

China Finance Min: To Maintain Prudent Fiscal Policy -Xinhua (Nasdaq)

BEIJING -(Dow Jones)- China will continue to maintain a prudent fiscal policy and coordinate it with monetary policy to improve macro-economic management, the official Xinhua News Agency reported Tuesday, citing Finance Minister Xie Xuren.

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[Source: Yahoo! News Search Results for finance]

IKB Executives Leave; Grzesik Appointed Finance Chief (Update1) (Bloomberg.com)

Oct. 15 (Bloomberg) -- Two more executives at IKB Deutsche Industriebank AG have left the German lender that had to be bailed out by KfW Group over subprime losses. The company named former Depfa Bank Plc finance head Reinhard Grzesik to chief financial officer.

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[Source: Yahoo! News Search Results for finance]

20 finance companies awaiting licensing (Vietnam Net)

VietNamNet Bridge Nine finance companies have been licensed in Vietnam so far, including the two, Prudential Finance under Prudential group, and SG Finance Company under Socit Gnrale set up several days ago.

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[Source: Yahoo! News Search Results for finance]

(AFX UK Focus) 2007-10-16 09:06 GMT: New Zealand's Geneva Finance's long-term counterparty ratings cut to 'D' - S&P (Interactive Investor)

MUMBAI (Thomson Financial) - Standard & Poor's Ratings said it has lowered its long-term counterparty credit ratings on New Zealand finance company Geneva Finance Ltd to 'D' from 'B-'.

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[Source: Yahoo! News Search Results for finance]

Kuwait Finance House deploys EastNets' payment gateway solution for SWIFT connectivity (AME Info)

Eastern Networks (EastNets), a leading payment and security solutions provider for the government and financial service industries in the Middle East, has announced that Kuwait Finance House (KFH) has started migrating its bank-to-bank payment processes from a point-to-point connection to the SWIFT network, using EastNets' SWIFT integration solution.

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[Source: Yahoo! News Search Results for finance]

Finnair mulling 250 mln eur rights issue to finance aircraft acquisitions (FinanzNachrichten)

HELSINKI (Thomson Financial) - Finnair ( Nachrichten ) said it is considering offering up to 250 mln eur worth of new shares to existing shareholders to help finance the acquisition of several new long-haul aircraft.

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[Source: Yahoo! News Search Results for finance]

Geneva Finance plans to freeze investments until 2008 (NZPA via Yahoo!Xtra News)

Finance company Geneva Finance said today it is no longer taking deposits, and will ask investors for a moratorium on all investments until April 2008.

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[Source: Yahoo! News Search Results for finance]

Mayors operating budget unchanged by Finance and Personnel Committee (La Crosse Tribune)

The mayors proposed 2008 operating budget made it through La Crosses Finance and Personnel Committee intact Monday.

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[Source: Yahoo! News Search Results for finance]

Al Abbas, CBD Lynx finance (AME Info)

The Al Abbas Group and the Commercial Bank of Dubai (CBD) have signed an agreement offering home finance packages for purchasers at the Lynx project located within Dubai Silicon Oasis. Lynx offers office space and apartments, comprising studio, one, two and three bedroom units.

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[Source: Yahoo! News Search Results for finance]

Bridgeport: G.E. To Finance Development (New York Times)

General Electric Company has promised to spend $25 million to help refurbish several Bridgeport neighborhoods, The Connecticut Post reported yesterday. The newspaper, which obtained three proposals for development plans under the state Freedom of Information Act, reported yesterday that the award of the money is expected to be announced in November or December. The Connecticut Housing Finance ...

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[Source: Yahoo! News Search Results for finance]