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Finance History 2010-10-05 (05 October 2010 ) |
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| A roundup of the best money advice from around the web, with a focus on preparing for the holidays. | |
| Finance minister George Osborne on Monday dismissed a thinktank report that British banks may need another state bailout next year and their borrowing requirements could hit 25 billion pounds ($ billion) a month. | |
| PETALING JAYA (Oct 4, 2010): The Finance Ministry may initiate an independent investigation into the affairs of the Iskandar Regional Development investment arm, Iskandar Investment Bhd (IIB), following revelations of alleged irregularities in the awarding of infrastructure contracts. | |
| A loan used to finance the 2007 leveraged buyout of Univision Communications Inc. rose more than four points today after Grupo Televisa SA said it will invest $ billion in the Spanish-language media company. | |
| dubai — Finance House, Abu Dhabi-based financial institution, plans to raise Dh500 million in debt through a variety of sources in a year to achieve its growth objectives, its chairman Mohammed Alqubaisi said. | |
| The leading global Islamic Finance accounting regulator is introducing conditions for contracts that comply with religious laws, seeking to standardize an industry with $1 trillion in assets under management. | |
| Guernsey Finance has noted the success of an event, attended by more than 75 members of London’s film community, in Soho on September 30, held to showcase the potential benefits of using Guernsey’s finance industry. | |
| New Zealand Finance Minister Bill English said the nation’s currency is unlikely to weaken even as economic growth slows and the central bank puts interest-rate increases on hold. | |
| Campaign finance reports filed Monday offer support for those predicting a tight race for McLennan County district attorney. Other local races, though, reveal candidates far outpacing their opponents’ fundraising totals. | |
| The 28 percent slowdown in Malaysia’s local-currency Islamic bond sales this year may get a boost in 2011 from the country’s 10-year development plan. |
Economic History|
| The nation's economic stress eased slightly in August thanks to lower foreclosure rates in the hardest-hit states, according to The Associated Press' monthly analysis of conditions around the country. | |
| Canada’s economic boom times are over, Finance Minister Jim Flaherty says. | |
| A growing economic crisis has marred Portugal's 100th anniversary of becoming a republic. | |
| LONDON, Oct. 5 (UPI) -- Oil market trends show a global economic recovery may be on the way, London's Centre for Global Energy Studies said Tuesday in its latest report on linkages between energy demand and world economy. | |
| A look at economic developments and activity in major stock markets around the world Tuesday: ------ TOKYO -- Japan's central bank cut its key interest rate to virtually zero in a surprise move and is looking to set up a $60 billion fund to buy government bonds and other assets as it tries to inject life into a faltering economy. | |
| Russia's finance minister on Tuesday forecast steady economic growth of 4 percent for this year and each of the next two years, vowing to rein in inflation and eradicate the budget deficit over that period. | |
| The nation's economic stress eased slightly in August thanks to lower foreclosure rates in the hardest-hit states, according to The Associated Press' monthly analysis. | |
| A solid opening on Wall Street helped European stock markets recover some losses Monday at the start of a busy week of economic news that may shape investors' views about the world economy going into the last quarter of the year. | |
| Economic reports this week include pending home sales for August and the Institute for Supply Management service index for September. | |
| By ANTHONY HALL United Press International Policymakers at the Bank of Japan put lending in the category of a yard sale Tuesday, dropping its bank-to-bank lending rate to zero to percent. |
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