Posts Tagged ‘Finance’

Tougher norms for housing finance companies

Monday, December 27th, 2010

World Bank freezes loans to Ivory Coast
(AP:PARIS) The World Bank chief says the international agency has frozen loans to Ivory Coast amid a political crisis in the West African country. After a meeting in Paris with French President Nicolas Sarkozy, Robert Zoellick said “we already have” halted the loans to the country.

Read more on INO News

World Bank freezes loans to Ivory Coast
ABIDJAN, Ivory Coast (AP) — The World Bank said today it had frozen loans to Ivory Coast as France urged its citizens to leave the West African country amid heightened U.N. concerns the nation faced

Read more on The World

Tougher norms for housing finance companies
India?s housing regulator has tightened lending norms governing housing finance companies, a move that will impact home loan seekers.

Read more on The Economic Times

CT awarded $8.8 million to finance affordable housing projects

Saturday, December 25th, 2010

Outlook 2011 & the Next Decade: China, Is The Smart Money Right?
By Dian L. Chu. China has been ranked as the top growing country among the G20 since 2001 and is expected to retain that title for at least another five years (See Growth Chart). However, the news coming out of China for the past three months has not been good. It is looking more and more that it is not a question of if China is a bubble and going to burst, but when. Read more » »

Read more on Guru Focus

Flaherty eyes tightening rules on home-equity loans to rein in consumer debt
Finance Minister Jim Flaherty is looking at a variety of ways to encourage Canadian households to trim their record-high debt levels, including a tightening of the rules on the lines of credit that people can take out against their homes.

Read more on Ottawa Citizen

CT awarded $8.8 million to finance affordable housing projects
The Federal Home Loan Bank of Boston will provide $8.8 million in grants, loans, and interest-rate subsidies to finance affordable housing projects in Connecticut.

Read more on Hartford Business Journal

ESB Finance Limited – ESB concludes NIE acquisition

Tuesday, December 21st, 2010

Business Highlights
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Read more on KING5 Seattle

ESB Finance Limited – ESB concludes NIE acquisition
ESB Finance Limited – ESB concludes NIE acquisition

Read more on AFX CNF Finance Regulatory News via Yahoo! UK & Ireland Finance

ESB Finance Limited – ESB concludes NIE acquisition
ESB Finance Limited – ESB concludes NIE acquisition

Read more on AFX CNF Finance Regulatory News via Yahoo! UK & Ireland Finance

Can a major finance company recall all outstanding auto loans ?

Monday, December 13th, 2010

Just curious due to the recent activity with GM and Chrysler Financial indefinitely not giving out any new loans during the bankruptcy. Is that even plausible?

Qatar, the World Cup and Islamic finance

Thursday, December 9th, 2010

Ex-city clerk to get severance pay
Barb Barrick, who resigned this week from her post as Fort Dodge city clerk and finance director, will receive a severance payment of about $24,000, an official said Wednesday.

Read more on The Fort Dodge Messenger

Economy ‘set for return to growth’
Finance Minister Brian Lenihan has claimed the country’s economy will grow slightly this year as he unveiled 6 billion euro savings in the most draconian budget in the history of the state.

Read more on Pendle Today

Qatar, the World Cup and Islamic finance
“WE go to new lands!” exclaimed Sepp Blatter, president of Fifa in unveiling Qatar, over the US, for hosting the 2022 Fifa World Cup. Now, how does Islamic finance and Malaysia “ride on the coat-tails” of this incredible opportunity, having missed many opportunities over the years?

Read more on Business Times

Good Governance Remains Key Factor For Sound Finance

Thursday, December 9th, 2010

Rio buys into Mongolia’s copper
RIO Tinto Ltd is to provide finance to Canada-based Invanhoe Mines for the development of its Oyu Tolgoi copper and gold project in Mongolia.

Read more on Herald Sun

EU ministers approve Irish rescue package
EU finance ministers have formally approved the €85bn aid package for Ireland at a meeting in Brussels.

Read more on RTE News

Good Governance Remains Key Factor For Sound Finance
KOTA KINABALU, Dec 8 (Bernama) — The episodes of global financial crisis have underscored the critical importance of good governance for a sound financial system, said State Minister of Tourism, Culture and Environment Datuk Masidi Manjun.

Read more on Bernama

‘Fast-start finance key to any balanced climate pact’

Wednesday, December 8th, 2010

Finance minister signals 5-year plan to balance budget not set in stone
MONTREAL – The federal government is willing to abandon its five-year timeline to balance the budget, with the country’s finance minister indicating it could be delayed, or accelerated, depending on economic conditions.

Read more on Kitchener – Waterloo Record

Oxford Specialist Accountancy Recruitment Agency Adopt Financial Recruitment Processing Software To Improve Client …
Specialist finance and accountancy recruitment company McBarron Wood has partnered with Human Resources / Recruitment Process Outsourcing software experts Hirecraft to become the first recruitment agency in the UK to use their state-of-the-art ‘Recruitment Process Outsourcing’ (RPO) software system

Read more on HRHub

‘Fast-start finance key to any balanced climate pact’
Cancun, Dec 4 (PTI) Emphasising that “fast-start finance” was a vital part of any “balanced agreement” at the UN climate talks here, India has voiced disappointment over the American contribution of just USD 1.8 billion so far as part of a USD 30 billion pledge aimed at helping the poorest countries fight global warming.

Read more on Press Trust of India

UPDATE 2-Market Chatter — Corporate finance press digest

Wednesday, December 8th, 2010

DASA Finance Corporation Announces Completion of Early Tender Period and Receipt of Required Consents for the 8.75 …
DASA Finance Corporation announced today that the early tender period for the previously announced cash tender offer and consent solicitation for any and all of its outstanding 8.75% Senior Notes due 2018 expired at midnight, New York City time, on December 1, 2010 . Â Holders who tendered their Notes and delivered consents on or prior the Early Tender Deadline and who did not withdraw their …

Read more on PR Newswire via Yahoo! Finance

Print Edition
The Breckenridge finance committee on Friday suggested an 8 percent increase to property taxes, which is half the amount initially recommended in September.

Read more on The Wahpeton Daily News

UPDATE 2-Market Chatter — Corporate finance press digest
(Adds Seymour Pierce) BANGALORE, Dec 7 (Reuters) – The following corporatefinance-related stories were reported by media on Tuesday: * British investment bank Seymour Pierce Ltd is in advancedtalks to …

Read more on Reuters UK Focus via Yahoo! UK & Ireland Finance

RA Ministry of Finance records increase in state prices for precious metals

Wednesday, December 8th, 2010

iStar Financial Announces Call of its Second Priority Senior Secured Guaranteed Notes Due 2014
iStar Financial Inc. , a publicly traded finance company focused on the commercial real estate industry, announced today that it has called for redemption of its approximately $312 million remaining principal amount of 10% Second Priority Senior Secured Guaranteed Notes due 2014.

Read more on PR Newswire via Yahoo! Finance

Oakland’s Play for the A’s
Unlike San Jose, Oakland’s redevelopment agency can finance land acquisition and infrastructure upgrades needed for a new ballpark – and Major League Baseball knows it. by Robert Gammon Oakland A’s co-owner Lew Wolff wants to move his team to San Jose so badly, he’s offered to loan that city money to make it happen. San Jose probably will need Wolff’s help because its redevelopment agency is in …

Read more on East Bay Express

RA Ministry of Finance records increase in state prices for precious metals
Gold purchase price on December 6-12 was set at AMD 14724.30 (+164.50); release price: AMD 16004.67 (+178.80).

Read more on PanARMENIAN.Net

Ackman would finance Borders bid for Barnes & Noble

Wednesday, December 8th, 2010

Ordinance would OK electric fences
Chicago businesses would have a new crime-fighting weapon — electric security fences that zap would-be intruders — thanks to an ordinance advanced Tuesday over the Chicago Fire Department’s objections.The new ordinance, championed by Finance Committee Chairman Edward M. Burke (14th) would authorize electric security fences at least eight-feet high at all commercial properties so long as they’re …

Read more on Chicago Sun-Times

U-46 needs money by Jan. 1
With Jan. 1 less than a month away, finance officials in Elgin Area School District U-46 are unsure whether the district has enough cash to last through New Year’s Day. To ensure the district can cover a $34 million debt payment due Jan. 1, the U-46 school board on Monday authorized issuing up to $30 million in short-term loans by Feb. 1, 2011.

Read more on Daily Herald

Ackman would finance Borders bid for Barnes & Noble
PHILADELPHIA/NEW YORK (Reuters)- Hedge fund manager William Ackman is raising his wager on bookseller Borders Group Inc , offering to help it buy larger rival Barnes & Noble Inc for $963.7…

Read more on Reuters