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Finance History 2010-06-01 (01 June 2010 ) |
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| Fifteen years ago, New York native Taha Abdul-Basser had a set plan for his future. The Harvard student was double majoring in pre-med and comparative religions with the expectation that he would serve society as a doctor. | |
| An Auckland-based car finance company has pleaded guilty to breaching the Credit Contracts and Consumer Finance Act (CCCF Act) and the Fair Trading Act in relation to car loan contracts. Dolbak Finance Limited has been fined a total of $2000 in ... | |
| DUBAI - Fifteen years ago, New York native Taha Abdul-Basser had a set plan for his future. | |
| May 31 (Bloomberg) -- The Islamic finance industry must widen the pool of money-market securities available to help companies and investors manage risk more effectively, according to an official at a Bahrain-based standard-setting agency. | |
| Citigroup Inc. is closing 330 branches of its . consumer finance business as part of a restructuring aimed at finding a buyer for the unit, the bank said Tuesday. | |
| By Shaheen Pasha | |
| Citigroup said Tuesday it's downsizing its consumer finance business, CitiFinancial, likely in order to prepare the unit for sale. | |
| The Finance Company (TFC) will reach breakeven point by September this year. The company has been able to re-build confidence of customers which has resulted in an increase of monthly deposits upto Rs 100 million. | |
| May 31 (Bloomberg) -- South Koreas government plans to reduce its role in central bank policy meetings after the presence of a representative at the gathering spurred concern about the banks independence. | |
| THE FINANCE department has drawn up a "wish list" for the incoming administration in the hope that fiscal consolidation will continue to be pursued. |
Economic History
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| A look at economic developments and activity in major stock markets around the world Tuesday: ___ TORONTO _ Canada became the first Group of Seven nation to raise interest rates since the global financial crisis, but said any further hikes would depend on... Canada - Group of Seven - Financial crisis of 2007?2010 - Business - Economy | |
| Economic confidence in the 16-member euro area unexpectedly worsened in May as the region struggles to gather strength after Greece's budget crisis forced governments to step up spending cuts to reduce deficits. | |
| A look at economic developments and activity in major stock markets around the world Tuesday: ------ TORONTO -- Canada became the first Group of Seven nation to raise interest rates since the global financial crisis, but said any further hikes would depend on global economic conditions. | |
| European economic sentiment that had been steadily improving from the lows of 2009 took a dip backward in May as stresses over debt burdens cloud the outlook for euro-zone growth. | |
| Numerous issues persist in providing downside risk to our forecast, with the most serious at the moment being the sovereign debt situation in Europe. | |
| India and the United States open high-level talks this week, hoping to cement gains in a partnership still bedeviled by doubts despite vows of deeper political and economic cooperation. | |
| The economy in nine Midwest and Plains state continues to strengthen, but a new report released Tuesday suggests businesses are reluctant to hire new workers so unemployment will likely remain high. | |
| European confidence in the economic outlook unexpectedly worsened in May and inflation accelerated less than economists forecast as the euro regions debt crisis shook markets. | |
| June 1 (Bloomberg) -- . stocks fluctuated as higher- than-estimated growth in construction spending and manufacturing offset a drop in energy shares. | |
| Wall Street was looking at an ugly start to June trading as concerns over the oil spill in the Gulf, poor economic data out of Europe and China and the failure of a $30 billion deal with AIG pushed futures nearly 200 points. |
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