Posted by Financial Service News on August 31st, 2008
The state-run Korea Development Bank of South Korea has not abandoned its efforts to buy a stake in Lehman Brothers , according to a report in the online edition of the Korea Economic Daily on Sunday, citing ...
Posted by Financial Market News on August 31st, 2008
STRONG gains for oil and banking stocks saw the FTSE 100 Index make good progress yesterday and close at another two-month high.
Posted by Financial Service News on August 31st, 2008
August 30, 20008 -- After a natural disaster, there's often no electricity, Internet, or telephone access - rendering credit and debit cards temporarily useless.
Posted by Financial Market News on August 31st, 2008
THE Australian sharemarket is expected to open lower today as local investors follow the lead from Wall Street trading buffeted on Friday by a hurricane.
Posted by Financial Service News on August 31st, 2008
The deal will create Germany's largest bank, surpassing Deutsche Bank AG. Commerzbank AG is close to buying Allianz SE's Dresdner Bank for about 9 billion in a deal that would create Germany's largest bank by ...
Posted by Financial Market News on August 31st, 2008
With the stock market regularly posting triple-digit swings and commodity prices jumping up and down, it's easy to understand why some investors are stressed-out. 'There's a lot of volatility, emotionality and ...
Posted by Financial Service News on August 31st, 2008
Treasurer Wayne Swan would like the banks to bring down their mortgage rates over and above a predicted cut by the Reserve Bank of Australia this week.
Posted by Financial Market News on August 31st, 2008
Spending by U.S. consumers slowed in July as the impact of the tax rebates faded and a pickup in inflation eroded Americans' buying power.
Posted by Financial Service News on August 31st, 2008
Ronald Hermance, head of Hudson City Bancorp, has never made a subprime loan. His bank doesn't keep risky mortgage securities on the books, and is headed toward another record year of profits.
Posted by Financial Market News on August 31st, 2008
Zen Securities Limited , a leading financial services company, announced the launch of its new brand identity ZEN Money on Friday.
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