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Recession delaying Flaherty's debt-cutting goal
Published July 10, 2009, 3:09 am, The Globe and Mail
The global recession is putting at risk Finance Minister Jim Flaherty's goal of reducing Canada's federal debt to a quarter of the size of the country's economy.
China Fails to Attract Enough Buyers in Bill Sales (Update3)
Published July 10, 2009, 2:33 am, Bloomberg
July 10 (Bloomberg) -- China failed to attract enough bidders in a government debt sale for a second time this week on speculation record bank lending will spark inflation in the world’s third-largest economy.
BAY takes over GE Money and AIG's title loan provider
Published July 10, 2009, 1:08 am, The Nation - Thailand's English news
Bank of Ayudhya yesterday announced its purchase of GE Money's businesses in Thailand worth Bt13.75 billion as well as its agreement to take over American International Group Inc (AIG)'s local motorcycle-for-cash credit provider.
What cost a China-US divorce?
Published July 9, 2009, 9:59 pm, The Age
China is clearly looking to reduce its exposure to the US dollar. Breaking up, though, will prove hard to do.
Bank of Ayudhya and GE Capital Reach Agreement In-Principle
Published July 9, 2009, 8:39 pm, Thaipr.net
Çѹ·Õè 10 ¡Ã¡®Ò¤Á 2552 10:34 ¹. Exclusive negotiations under way for BAY to acquire GE Money’s consumer financial services businesses in Thailand to create further synergies for long-term growth Bank of Ayudhya PCL (BAY) and GE Capital (NYSE: GE) today announced that they have reached an in-principle agreement on the sale of GE Money’s businesses in Thailand to BAY. The preliminary agreement ...
News Alerts
Published July 9, 2009, 6:07 pm, The Addison County Independent
ADDISON COUNTY — The latest setbacks for Specialty Filaments and Standard Register are emblematic of what has been a multi-year slide in the manufacturing industry both locally and statewide, prompting economic development officials to refine the manner in which they recruit new businesses.
Stocks to watch: Air New Zealand, Telecom, Pumpkin Patch
Published July 9, 2009, 3:32 pm, ShareChat
The following stocks may be active on the New Zealand exchange after developments since the close of trading yesterday. Themes of the day: Leaders of the Group of Eight nations avoided a clash with their counterparts in major emerging economies over the suggestion to reduce the dominance of the greenback as the world’s reserve currency.
While you were sleeping: Pound gains on BOE asset purchases; dollar, yen drop
Published July 9, 2009, 3:17 pm, ShareChat
The British pound surged after the Bank of England kept its quantitative easing target unchanged at 125 billion pounds, surprising investors who had expected an increase.
Stocks to watch: Air NZ, Telecom, Pumpkin Patch
Published July 9, 2009, 2:58 pm, Scoop.co.nz
Stocks to watch: Air New Zealand, Telecom, Pumpkin Patch July 10 – The following stocks may be active on the New Zealand exchange after developments since the close of trading yesterday.
Treasuries Decline After $11 Billion Auction of 30-Year Bonds
Published July 9, 2009, 11:33 am, Bloomberg
July 9 (Bloomberg) -- Treasuries fell as the government’s 30-year bond auction drew less demand than the previous sale and traders speculated that the rally yesterday that pushed 10-year note yields down the most since March was too large to sustain.
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