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Finance History 2010-10-28 (28 October 2010 ) |
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| Finance Secretary Robert ?Bob? Schrack is retiring from government today after 16 years with the Department of Finance and barely four months after his Senate confirmation as department secretary. | |
| Korea Finance Corp. , the country?s state-run financier, said it may purchase temporary control of Hynix Semiconductor by forming a private-equity fund should creditors fail to find a capable buyer of the chipmaker, Bloomberg News reported. | |
| A finance company wholly owned by Telecom has been recognised as the fastest growing company in New Zealand. | |
| Keep your eye on margins. | |
| How de classe. A fussy French finance bigwig ran out on a $165,000 rental bill for a luxury Southampton home, court papers charge. Mattheiu Pigasse had agreed to rent the $20 million, Norman Jaffe designed beachfront home at 2170 Meadow Lane this past August sight unseen - and assured... | |
| China?s finance ministry will sell at least 28 billion yuan ($ billion) of 10-year bonds at percent today, according to the median estimate in a Bloomberg News survey. | |
| "We are papering over structural problems in the economy with bubbles." | |
| The Serious Fraud Office (SFO) today announced that it had launched an investigation into a number of related party transactions undertaken by Dominion Finance Group Limited and North South Finance Limited prior to their collapse in 2008. | |
| Sometimes you can be right but woefully wrong at the same time. Take the firing of Juan Williams, who used to be a news analyst for National Public Radio. It was the wrong way to fire someone. | |
| HSBC Finance Corporation today announced that it has commenced a private offer to exchange Senior Subordinated Notes due January 15, 2021 to eligible note holders, for any and all of its % Senior Notes due January 19, 2016 and up to an aggregate principal amount of $ billion less the aggregate principal amount of Priority 1 Notes accepted by HSBC Finance in exchange for its 5% Senior Notes ... |
Economic History|
| A look at economic developments and activity in major stock markets around the world Thursday: | |
| Economic data has been heavy during the past two sessions, but the Fed continues to be the focus for traders. The housing sector has been in the spotlight this week with data on home prices and new home sales released the past couple of sessions. Traders have also gotten data on durable goods orders and consumer confidence to digest. Despite this news, Wednesdays session is seeing lower prices ... | |
| Thailand?s central bank raised its 2010 economic growth forecast for the third time this year after the baht?s appreciation to a 13-year high failed to curb surging exports, sustaining pressure for more interest rate increases. | |
| The economy is expected to grow at a % annual rate in the third quarter, a faster pace than the % growth rate in the prior three months. But the acceleration is not a sign the economy is out of the woods | |
| If economic activity continues its present course, we're headed for a double-dip recession. | |
| The Islamic republic is having difficulties finding international banks to handle the revenue from its oil sales. Meanwhile, a recent dramatic drop in the value of Iran's currency has left many people shaken. | |
| Commentary: Lakshman Achuthan and Anirvan Banerji are, respectively, co-founder and chief operating officer and co-founder and chief research officer of ECRI, the Economic Cycle Research Institute. | |
| European confidence in the economic outlook improved more than economists forecast to the highest in almost three years in October, led by manufacturing sentiment. | |
| Japan's central bank cut its economic growth forecasts Thursday and kept interest rates near zero, as the export-reliant nation confronts a strong yen and waning overseas demand. | |
| Economic confidence in the 16 countries that use the euro rose to its highest level in nearly three years during October, the European Commission said on Thursday. The commission said its main economic sentiment indicator rose to - the highest level since January 2008 - from in September. |
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