Archive for December, 2008
3 ex-finance officials referred to prosecution in embezzlement case
TAIPEI, Taiwan –A district court yesterday referred three former finance officials to prosecution for their alleged involvement in the Rebar embezzlement scandal, as 123 other people were convicted in the case.
forecasting: China’s coming collapse: corruption, finance, trade, outsourcing, politics
Is China to go burst or rising higher?
US Dollar Index Ends 2008 Up 7% Following Year of Record High Volatility and the Collapse of Modern Finance
US Dollar Index Ends 2008 Up 7% Following A Year of Record High Volatility and the Collapse of Modern Finance On the final day of 2008, the US dollar index wrapped up the year up 6.72 percent as risk aversion drove the currency higher for much of the second half of the year amidst historically high volatility.
Empowered State Finance Ministers’ Committee to meet PM soon
Panaji, Dec 31 Bruised under the impact of the implementation of the Sixtrh Pay Commission recommendations, the Empowered Committee of State Finance Ministers has decided to call on Prime Minister Manmohan Singh soon seeking sharing of at least 50 per cent of the finance burden.
TCF subsidiary assumes $200M in floorplan finance relationships
TCF Inventory Finance Inc. has assumed the right to continue floorplan finance relationships currently serviced by Textron Financial Corp., TCF announced Wednesday.
TCF Inventory Finance, Inc. Assumes Floorplan Financing Programs
TCF Inventory Finance, Inc., a subsidiary of TCF Financial Corporation, announced today an agreement with Textron Financial Corporation to assume the right to continue existing programs of originating certain floorplan financing receivables for retailers of consumer electronics and appliances.
NHB sees more rate cuts by home finance firms
National Housing Bank today said it expects housing finance companies to reduce interest rates in the coming days. “As we have reduced rates, we expect housing finance companies to reduce too and pass on the benefits to consumers.
NHB sees more rate cuts by home finance firms
National Housing Bank today said it expects housing finance companies to reduce interest rates in the coming days. “As we have reduced rates, we expect housing finance companies to reduce too and pass on the benefits to consumers.
Another finance company in trouble
1 January 2009 The New Year begins with ominous news for investors in an Auckland finance company. Property lender Orange Finance has frozen debenture repayments, while its trustee decides whether to call in the receivers.
TCF Inventory Finance, Inc. Assumes Floorplan Financing Programs
HOFFMAN ESTATES, Ill.—-TCF Inventory Finance, Inc. , a subsidiary of TCF Financial Corporation , announced today an agreement with Textron Financial Corporation to assume the right to continue existing programs of originating certain floorplan financing receivables for retailers of consumer electronics and appliances.
