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50 Billion Dollar Loan - MSN Newsfeeds
- LONDON – World stock markets slumped Wednesday as disappointing U.S. corporate earnings fueled pessimism about the global economy and Argentine plans to nationalize the country's private pension funds roiled Latin American stocks. “What we're ...
- BEIJING, Oct. 22 (Xinhua) -- The Agricultural Bank of China (ABC) will get a 19 billion U.S. dollars capital injection from a unit of the country's Sovereign Wealth Fund, according to a vice president with the lender on Wednesday. Central Huijin ...
- ANZ has reported a 21 per cent fall in full year profit, after its bottom line was hit by charges related to the fall-out in global credit market. Profit for the year ended September 30 was $3.319 billion, down from $4.180 billion in 2007. Chief ...
- - Distributable cash for the third quarter up 17 percent from the same period last year to $24.8 million; Fund declared $4.4 million in cash distributions for a payout ratio of 48 percent (50 percent normalized for the timing of maintenance capital ...
- MUMBAI: India's central bank on Wednesday raised the ceiling on overseas borrowing by domestic firms to $500 million from $100 million, a move aimed at boosting capital inflows and shoring up the rupee after it hit record lows. A central bank ...
- The cost of borrowing in dollars in London for three months fell for an eighth day, the longest run of declines since May, after the US Federal Reserve made as much as $US540 billion ($806 billion) available to mutual funds to resuscitate lending ...
- BRUSSELS, Belgium (AP) - Georgia's Western backers led by the United States and the European Union promised US$4.5 billion in new aid at an international donors conference on Wednesday to help the ex-Soviet republic rebuild after its war with Russia ...
- Oct. 22 (Bloomberg) -- The cost of borrowing in dollars in London for three months fell for an eighth day, the longest run of declines since May, after the Federal Reserve made as much as $540 billion available to mutual funds to resuscitate lending ...
- BRUSSELS, Belgium (AP) -- Georgia's Western backers led by the United States and the European Union promised $4.5 billion in new aid at an international donors conference on Wednesday to help the ex-Soviet republic rebuild after its war with Russia ...
- OSLO, Oct 22 (Reuters) - Norway's central bank said on Wednesday it will from Oct. 23 reduce the amount of foreign exchange purchases for the oil fund to 620 million crowns ($112.2 million) per day from a previous 1.4 billion crowns. 'The change is ...
- NEW YORK (AP) - World stock markets sagged again Wednesday as a barrage of weak corporate earnings stoked fears that the government's financial intervention won't keep global economies out of recession. Poor earnings from large companies in disparate ...
- Oct. 19 (Bloomberg) -- South Korea will guarantee $100 billion in bank debts and supply lenders with $30 billion in dollars to stabilize its financial markets. The government will provide tax benefits for long-term equity and bond investors, while ...
- PROVIDENCE, R.I. Rhode Island is proposing an unprecedented overhaul of its Medicaid program that Republican Gov. Donald L. Carcieri says will save this cash-starved state millions of dollars - but could risk leaving the poor and elderly with fewer ...
- SEOUL, South Korea - South Korea announced measures Sunday to shore up its banks by guaranteeing their external debt and pumping more money into the financial system amid the global credit crisis. The government said it will provide up to US$100 ...
- WASHINGTON (AP) — Sen. Carl Levin said Thursday he may seek an additional $25 billion in loans for the auto industry before the end of the year, citing deteriorating economic conditions for Detroit's car makers. Levin, D-Mich., said doubling the ...
- NEW YORK — Investment bank Merrill Lynch & Co. said Thursday its third-quarter loss widened as it took more than $12 billion in charges and write-downs tied to the sale of mortgage investments and fallout from the continued credit crisis. Not only ...
- GENEVA - The Swiss government stepped in Thursday to shore up its hallowed banking system, providing a nearly US$60 billion rescue plan to its biggest bank, which has been badly shaken by bad loans in the United States. UBS AG will receive a long ...
- NEW YORK — Wall Street remained tense today, swinging between sharp gains and losses as investors examined mixed economic and earnings data for clues about the health of the economy. The Dow Jones industrials, down 380 at one point, rose more than ...
- IBM (NYSE: IBM ) today announced third-quarter 2008 diluted earnings of $2.05 per share from continuing operations compared with diluted earnings of $1.68 per share in the third quarter of 2007, an increase of 22 percent. Third-quarter income from ...
- Money-market rates in London fell after central banks provided $US254 billion ($379 billion) of emergency cash to ease the paralysis in the credit markets and UBS AG got a $US59 billion government bailout. The London interbank offered rate, or Libor ...
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