Posted by @ Friday, Jul. 31st 2009
With public support for his healthcare reform plan eroding fast, President Obama has attempted to cut a higher profile on the issue, most recently during a televised primetime news conference and at Town Hall meetings now taking place around the country.
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Irwin Stelzer: Healthcare 101: Congressional ‘reform’ measures are bad news
Posted by @ Friday, Jul. 31st 2009
NEW YORK, July 31 – Lender CIT Group, which recently obtained a $3 billion loan from its bondholders, said on Friday it will give $1 billion of that money to its trade finance unit. The provision demonstrates CIT’s “commitment to support CIT Trade Finance and our clients,” according to a July 31 memo sent to clients and industry associates. The funds will help the unit meet its …
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2009-08-01 01:27 CIT to provide $1 bln to trade finance unit
Posted by @ Friday, Jul. 31st 2009
South Korea plans to sell nine state-run companies by the end of this year as part of efforts to enhance business efficiency in the nation’s public sector, the finance ministry said Friday, the South Korean news service Yonhap reported.
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South Korea to Privatize 9 Firms by Year’s End
Posted by @ Thursday, Jul. 30th 2009
July 31 — China’s Tianjin will allow Taiwan investment in the city’s banks, brokerages and other parts of the financial inudstry, the Economic Daily News reported today, citing Cui Jindu , Tianjin deputy mayor.
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Tianjin to Open Finance Industry to Taiwan Investors, News Says
Posted by @ Thursday, Jul. 30th 2009
By Becky Coffey, Harbor News Senior Staff Writer: WESTBROOK – Hamstrung by a bare-bones accounting package lacking components that would save time and prevent errors, the treasurer’s office asked for–and the Board of Finance last week approved–funding to buy new software. Approved last week was $14,000 for new accounting software capabilities and for town employee training in how to use them. …
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Fixing Fiscal Controls, Finance Board Approves New Software:
Posted by @ Thursday, Jul. 30th 2009
South Canterbury Finance, the finance company whose investment-grade credit is being supported by its biggest shareholder, has a succession plan underway which it expects to find shape before Christmas.
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South Canterbury Finance succession plan well underway, McLeod says
Posted by @ Thursday, Jul. 30th 2009
Senate Finance Committee Chairman Max Baucus, D-Mont., said Wednesday that a preliminary Congressional Budget Office score of his panel’s draft health care overhaul package would cost under $900 billion over the next decade and provide health coverage to 95 percent of uninsured Americans.
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Baucus: New CBO score ‘good news’
Posted by @ Thursday, Jul. 30th 2009
Shareholder loan minimizes bank liabilities – Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of …
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EANS-News: Due to recession decline in revenue continues at TA Triumph-Adler, net loss in the second quarter of 2009
Posted by @ Thursday, Jul. 30th 2009
BANGALORE, July 30 – The following corporate finance-related stories were reported by media on Thursday:
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2009-07-30 05:30 Glance-Market Chatter — Corporate finance press digest
Posted by @ Wednesday, Jul. 29th 2009
Deputy Finance Minister has assigned the Government Housing Bank to launch loan scheme of 100 billion baht this year and says Finance Ministry will assist the bank to raise its capital.
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Thai Asean News Network