Bloomberg - March 17 (Bloomberg) — Wang Qishan , nominated today as China’s economic and finance policy chief, faces the challenge of taming 11-year-high inflation without triggering a sudden economic slowdown. Wang, 59, is expected to oversee the central bank
Paterson to become 55th NY governor
Miami Herald - Business Monday | National | International | Personal Finance | Technology | Small Business | Friday Business Report Welcome to Day One, take two. Lt. Gov. David Paterson prepared to take over Monday for Gov.
Takefuji slashes 2007/08 net outlook on subprime
Reuters - 17 (Reuters) - Japanese consumer lender Takefuji Corp (8564.T: Quote , Profile , Research ) on Monday cut its net profit outlook by 69 percent for the year ending March 31, hit by a special loss of 29.7 billion yen ($309 million) on a structured finance
Greece welcomes Deutsche Tel’s OTE stake purchase
Reuters - The agreement reached today is a welcome development, and conforms with the government’s strategy on OTE,” a joint statement by the ministers of finance and telecommunications said.
Asia-Pacific structured finance stability rate higher than global rate
Forbes - MUMBAI (Thomson Financial) - Moody’s Investors Service said the credit performance of structured finance ratings in the Asia Pacific (excluding Japan) market avoided much of the turmoil that occurred in the global market in 2007 and experienced a
Rescuers search for 3 still missing after NYC crane collapse
Miami Herald - Business Monday | National | International | Personal Finance | Technology | Small Business | Friday Business Report Three people remained missing more than a day after a construction crane crashed down on a Manhattan neighborhood
GBS Co., Ltd. Announces Private Placement of Common Shares
Reuters - GBS Co., Ltd. announced that it has agreed to issue 1,746,030 common shares through a private placement, raising KRW 10,999,989,000 in proceeds. The par value and offer price are KRW 500 and KRW 6,300, respectively. The listing date of the new shares
On the Boards
Philadelphia Inquirer - annual incomes of less than 200 percent of the poverty level, named the following officers to its board: Catherine Scott Asplen is chairman. She is president Asplen Senior Living, Chalfont. Catherine Fishman , most recently the vice president of finance
Finmin: tremendous pressure to fight inflation
Reuters India - NEW DELHI (Reuters) - Finance Minister Palaniappan Chidambaram said on Monday there was tremendous pressure on the government to fight inflation. There is still a mismatch between the demand and supply of food articles, he told lawmakers in