Late breaking news

Fannie Mae hits borrowers with more fees

Fannie Mae, the mortgage investor sponsored by the federal government, added a .25 percent up-front charge on new mortgages that it buys or guarantees, which could affect even creditworthy and prudent …

Fed Expected to Cut Interest Rate Today

Federal Reserve Board Chairman, Ben Bernanke, speaks at the CATO Institute’s annual Monetary Conference in Washington in this Nov.

Freddie Sees $5.5B-$7.5B More Losses

The chief executive of Freddie Mac estimated Tuesday the mortgage finance company will lose an additional $5.5 billion to $7.5 billion over the next few years as the housing crisis worsens and home-loan …

Tuesday ~ December 12, 2007 by iberianseoPosted in General| No Comments

 

Late breaking news

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As 154,000 jobs vanish, Liberals must act fast

talk up investments in new technologies. A good place to start would be next week’s economic statement from Finance Minister Dwight Duncan. Ian Urquhart writes on provincial affairs. iurquh@thespec.com

Greater China economic and corporate news summary

build wind power farm in India -Kerry Properties to sell China property stakes to parent, Allgreen CHINA: -China finance ministry to auction 26.35 bln yuan in 10-yr special bonds Dec 14 -China blocks Maling exports after HK finds toxic chemicals in

James Murdoch steps up as News Corp heir apparent

of Britain’s pay-TV firm BSkyB, but remain with BSkyB as non-executive chairman, replacing his 76-year-old father Rupert. BSkyB Finance Director Jeremy Darroch will become CEO. The announcement from News Corp on Friday is part of a wider shake up the

Century Extrusions board to consider rights issue

(Q, N,C,F)* will be held on Dec. 15, 2007, to consider rights issue of equity shares to part finance the cost of expansion project.The company is going to utilize the funds to enhance capacity for manufacture of aluminium extrusions from 7500 tons per

James Murdoch steps up as News Corp heir apparent

of Britain’s pay-TV firm BSkyB, but remain with BSkyB as non-executive chairman, replacing his 76-year-old father Rupert. BSkyB Finance Director Jeremy Darroch will become CEO. The announcement from News Corp on Friday is part of a wider shake up the

Local authority grant ‘pitiful’

total extra money for Sussex comes to just under 8 million for next year. ’s cabinet member for finance Steve Waight said people living in the county were among the biggest losers in England in the settlements announced yesterday. Councillor Waight said:

Royal Oak officials welcome new commissioner

questions about city finances, pointing out concerns, some of which he said originated well before the tenure of Finance Director Don Johnson, who began his job in the same month that Semchena retired as city attorney September 2005. That earned quips

China to collect more than 60 billion yuan to finance oil subsidies

special fund received 45 billion yuan from oil producers. The commission said 21 billion yuan was allocated to finance subsidies.China has raised prices of refined oil products four times since last year. In the latest move, it raised the price of

Mey Icki aims for China, Russia and India

products might be introduced, he added. Yorgancioglu also said that they supported the studies of the Ministry of Finance and Tobacco, Tobacco Products and Alcoholic Beverages Regulatory Board (TAPDK) to prevent informal sales and said that it was

UPDATE 2-Housebuilder Berkeley returns cash, welcomes rate cut

percent rise in first-half pretax profit, spurred by strong trading in its main markets, an acquisition and lower finance costs. Berkeley said it would pay a special dividend on Jan. 4 of 2 pounds per share or 241.6 million pounds in total. ‘The

US Forces’ auditors find Iraqi audit hole

team in Dubai. The role will see the candidate apply their business … more > More Jobs in Finance Useful links: About us . Privacy policy . Terms & conditions . Site map . Bookmark this site . Advertise Business & Finance websites:

Friday ~ December 12, 2007 by iberianseoPosted in General| No Comments

 

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