FINANCE

Eurozone finance ministers to meet amid Greek and Spanish crises – Telegraph.co.uk

May 14, 2012
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Eurozone finance ministers to meet amid Greek and Spanish crises – Telegraph.co.uk

Telegraph.co.uk Eurozone finance ministers to meet amid Greek and Spanish crisesTelegraph.co.ukEurozone finance ministers will meet in Brussels today amid Greek political chaos and fears over the health of Spain's banking sector. By Andrew Trotman Ministers from the 17 countries that make up the EuroGroup are to convene at 4pm GMT for talks that …Euro...

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Taiwan Finance Minister: May Need 10 Years To Return To Balanced Budget – Wall Street Journal

May 14, 2012
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Taiwan Finance Minister: May Need 10 Years To Return To Balanced BudgetWall Street JournalTAIPEI—Taiwan's Finance Minister Christina Liu said Monday the government may need a decade to return to a balanced budget, citing an uncertain global economic outlook. Liu told legislators in a parliamentary session that the government will speed up …Liu outlines plan...

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13 Mauritius foreign institutional investors flouting norms, says finance … – Times of India

May 14, 2012
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13 Mauritius foreign institutional investors flouting norms, says finance … – Times of India

Moneycontrol.com 13 Mauritius foreign institutional investors flouting norms, says finance …Times of India"We have found that 13 FIIs carrying out operations from Mauritius in India are in impermissible arrangement," a senior finance ministry official said without disclosing name of the investors. The arrangements that FIIs entered into with the intention …Finance Bill: Vodafone &...

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WSJ: The Outlook: US At Risk From Euro Zone’s Latest Woes – Wall Street Journal

May 14, 2012
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WSJ: The Outlook: US At Risk From Euro Zone’s Latest Woes – Wall Street Journal

Bloomberg WSJ: The Outlook: US At Risk From Euro Zone's Latest WoesWall Street JournalBy SUDEEP REDDY During bouts of European turmoil in the past two years, US financial markets regularly stumbled and growth ebbed due to fears of a catastrophic euro-zone meltdown. But Europe muddled through and avoided calamity, and the effects on the...

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Ally Financial’s mortgage unit nears bankruptcy: sources – Baltimore Sun

May 14, 2012
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Ally Financial's mortgage unit nears bankruptcy: sourcesBaltimore SunNEW YORK (Reuters) – Ally Financial Inc's Residential Capital unit is nearing a bankruptcy filing, sources familiar with the situation said on Sunday, in a move that could help the taxpayer-owned auto lender to shed its troubled mortgage business but …Bankruptcy aims to free Ally of bad...

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Financial sense yields solid results: Variety’s Achievement in Int’l Film … – Chicago Tribune

May 13, 2012
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Financial sense yields solid results: Variety's Achievement in Int'l Film …Chicago TribuneWith a three-year, $800 million war chest from 2011 to co-produce, finance and buy movies, Studiocanal boasts one of the biggest film financing capacities of any movie company in Europe. It also has — and this is typical of Studiocanal CEO-chairman … and...

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Punjab financial bail out tied to West Bengal, Kerala: Jairam – Times of India

May 13, 2012
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Punjab financial bail out tied to West Bengal, Kerala: JairamTimes of IndiaCHANDIGARH : If the Punjab government is hoping for a financial bail out then the chief minister Parkash Singh Badal must pray that Mamata Banerjee succeeds in getting her financial package approved, as its fortune is tied to Bengal and Kerala. and more »

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A black mark for survivor of financial crisis – Wall Street Journal

May 13, 2012
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A black mark for survivor of financial crisisWall Street JournalAnd in 2008 and 2009, at JPMorgan Chase, Dimon built a fortress strong enough to stay profitable during the financial crisis. His zeal for cost-cutting and perceived mastery of risk did more than keep JPMorgan strong enough to bail out two failing … and more »

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