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Finance Current Affairs

News IMF Economist: Must Rebalance Global Econ To Sustain Recovery

Current Affairs

WASHINGTON -(Dow Jones)- The crisis is receding, but leaving in its wake a damaged global economy that must be rebalanced to achieve strong growth rates again, the chief economist of the International Monetary Fund said.......
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News European Shopping Center Completions To Fall 45% By '11-Survey

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LONDON -(Dow Jones)- European shopping center completions are expected to fall by 45% by 2011, as schemes are put on hold during the recession, according to a new survey by Cushman & Wakefield.
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News 12% Of Eligible Mortgages Being Modified Under US Plan

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WASHINGTON -(Dow Jones)- Just 12% of eligible borrowers have started trial loan modifications under .......
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News IMF Tech Team Needed For Loan Deal Not To Visit Turkey Oct-IHA

Current Affairs

ISTANBUL -(Dow Jones)- The IMF won't be sending a technical team to Turkey - needed for the conclusion of loan talks - during the fund and the World Bank's annual meeting taking place in Istanbul next month, the Ihlas News Agency, or IHA, reports IMF Turk.......
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News ECB Board Member Wants European Centralized Clearing Systems For CDS

Current Affairs

HTML clipboardINTERLAKEN, SWITZERLAND -(Dow Jones)- Jos? Manuel Gonz?lez-P?ramo, Executive Board Member of the European Central Bank, Wednesday called for a centralized clearing system in Europe for credit default swaps and other complex derivatives.......
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News EU Membership, Lisbon Treaty Key For Econ Recovery

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DUBLIN -(Dow Jones)- Irish Prime Minister Brian Cowen Wednesday said Ireland's membership of the European Union has been crucial in helping this s.......
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News Refining Capacity Rates Could Fall To 70%-Range

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Valero Energy Corp. (VLO) is seeing signs that U.S. gasoline fundamentals are improving but that domestic.......
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News GM Must Pay Back Loan If It Keeps Opel

Current Affairs

BERLIN -(Dow Jones)- German Finance Minister Peer Steinbrueck Wednesday said that General Motors Co. would have to repay German government aid provided to support Opel if GM decides to keep its German unit.

GM's board of directors is due to meet Wedn.......
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News Japan Machinery Orders Data Fail To Derail Rally

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News July consumer credit falls a record $21.6 billion (Reuters)

Current Affairs

Michael Lipsitz signs his credit card bill for the groceries he purchased at the WalMart in Crossville, Tennessee March 21, 2008. REUTERS/Brian Snyder
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