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China Finance Minister Pledges Fiscal Policy To Maintain Stable Growth, Prices (Nasdaq)
(RTTNews) - Chinese Finance Minister Xie Xuren says China will maintain a "prudent" fiscal policy to maintain stable and rapid economic growth as well as basically stable consumer prices, according to news reports.
Australia’s Allco Finance to sell assets following refinancing trouble (AP via Yahoo! Singapore News)
Allco Finance Group Ltd. said Friday that three listed property trusts it manages will sell up to 2.1 billion Australian dollars (US$1.98 billion; 1.3 billion) of assets after running into funding difficulties.
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Burns to ask for more GPs and money from Roxon (ABC via Yahoo!7 News)
The Territory’s Health Minister says he won’t be asking for a specific sum of money from the Federal Goernment at a meeting of the nation’s health ministers today.
David Abrahams money to Labour ‘in limbo’ (Daily Telegraph)
The businessman whose donations to Labour triggered a police inquiry has said that his money had not been repaid.
Singapore’s January Money Supply Increases - MAS (Nasdaq)
(RTTNews) - Singapore’s M3 money supply increased to S$309.05 billion in January, the Monetary Authority of Singapore said Friday. Money supply climbed from S$306.75 billion recorded in December. M2 rose to S$299.68 billion from S$297.55 billion.
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Filed under: Uncategorized — superdiv @ 6:47 pm
Filed under: Uncategorized — superdiv @ 12:47 pm
Royal & Sun Profit Rises on Investment, International (Update1) (Bloomberg.com)
Feb. 27 (Bloomberg) — Royal & Sun Alliance Insurance Group Plc, the U.K.’s second-biggest property and casualty insurer, said second-half operating profit rose 11 percent, beating analyst estimates, on investment returns and increased international premiums.
Australian Company Investment Probably Rebounded, Survey Shows (Bloomberg.com)
Feb. 27 (Bloomberg) — Australian business investment probably rebounded in the fourth quarter after falling the most in eight years, as miners such as Rio Tinto Group expanded mines to ship meet Chinese demand for ore.
Once militant, Romania’s miners seek investment (Reuters via Yahoo! News)
Romanian coal miners once rampaged through Bucharest, storming parliament and toppling a prime minister. Their battle now is for investment.
A Practical Guide to Implementing the Global Investment Performance Standards (GIPS) for Asset Managers (Wall Street and Technology)
Adhering to GIPS is in the best interest of any investment firm that wants to compete effectively and fairly. It helps build a framework for implementing industry best practices while helping engender the trust of prospective and current clients.
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Vietnam Finance Ministry Move Raises Petrol Costs (Asia Pulse via Yahoo!7 News)
Petrol prices rose VND1,500 (US$0.09) per litre yesterday following a Ministry of Finance decision to float petrol prices.
South Canterbury Finance hunkering down (NZPA via Yahoo!Xtra News)
Timaru-based South Canterbury Finance is cashing up and hunkering down to await the global credit crunch and local finance company crisis to pass.
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No loans for many students (Brown Daily Herald)
An $11.5 million increase to the financial aid budget will mean fewer loans and less debt for financial aid recipients, starting next fall.
About high-risk loans and the Register’s analysis (The Altoona Herald-Mitchellville Index)
Q: What is a subprime loan? A: It is a loan with an interest rate higher than the prime rate. Subprime loans are generally given to borrowers whose poor credit rating, employment history, income or other debt prevents them from qualifying for a prime rate.
Corporate loans (Financial Times)
Despite turmoil in the credit derivatives market, bank lending desks still appear to be parcelling out loans to companies in large amounts, and at pretty ordinary prices.
Bank Indonesia Issues New Regulation On Foreign Loans (Asia Pulse via Yahoo!7 News)
Bank Indonesia has issued a new regulation on foreign loans by non bank companies to minimize negative effect caused by the foreign exchange loan.
Students question settlement over student loans (The Patriot-News)
ALLENTOWN — Some students at a for-profit Allentown college investigated for allegedly steering students into high-interest loans say the school’s $200,000 settlement with the state won’t help alleviate their debt.
Expert: Credit Crunch Could Hit Alternative Student Loans (WMUR New Hampshire)
Experts are warning that the credit crunch that has affected the home market may start impacting some student loans.
BANK INDONESIA ISSUES NEW REGULATION ON FOREIGN LOANS (Asia Pulse via Yahoo!7 Finance)
Regulations / Law Bank Indonesia has issued a new regulation on foreign loans by non bank companies to minimize negative effect caused by the foreign exchange loan.
Loans make up most of collateral posted at Fed: report (Reuters via Yahoo! News)
More than half the collateral backing cash advances by the Federal Reserve is in the form of loans rather than bonds and other securities, the Financial Times reported on Monday, citing the New York Fed.
College’s settlement over student loans questioned (Courier-Post)
Some students at a for-profit Pennsylvania college investigated for allegedly steering students into high-interest loans say the school’s $200,000 settlement with the state won’t help alleviate their debt.
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The nomination is an honor, but the money’s good, too (Lincoln Journal Star)
LOS ANGELES I might have been an honor just to be nominated, but the money was good, too, especially for Walt Disney Co. s Miramax division.
India shows cricket the money (The Globe and Mail)
Suddenly awash in new money, Corporate India is shaking up the tradition-bound gentleman’s game of cricket
New goal: don’t lose money (The Cincinnati Enquirer)
Online brokerages used to talk about making money for investors. Now in the credit crisis era, they have a new pitch — preserving capital.
Vietnam Money-Short-term rates ease after c.bank adds funds (Reuters via Yahoo! Malaysia News)
HANOI, Feb 25 - Short-term rates in Vietnam’s money market have eased over the past week after the central bank added funds to offset a liquidity crunch caused in part by its tightening of policy to fight inflation.
Ag director wants more money for milfoil battle (AG Weekly)
BOISE, Idaho (AP) - Idaho’s expensive battle against an invasive plant that chokes lakes and waterways with dense mats of growth is being won, a state official told lawmakers in a pitch for more money.
In Genesee County presidential money race, Republicans emerge as winners (The Muskegon Chronicle)
Flint Journal Feedback: What do you think about the money raised in Genesee County for Republican presidential hopefuls? Tell us in the comments area below.
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