Posts Tagged ‘Report’
|EU working on “Brady plan” for Greece – report
EU working on “Brady plan” for Greece – report
The EU the IMF and the ECB are working on a solution to reduce Greece’s debt along the lines of the Brady plan which rescued Latin America from bankruptcy in the 1980s Greek newspaper To Vima reported on Saturday.
Read more on Reuters via Yahoo! UK & Ireland News
Report: Euro Zone Mulls Partial Debt Write-Off
Report: Euro Zone Mulls Partial Debt Write-Off
A German newspaper reported euro zone nations are considering a plan to enable Greece and Ireland to write off some of their debt burden.
Read more on FOX Business
Government to audition bankers for AIG offering – report
Government to audition bankers for AIG offering – report
The U.S. government will audition bankers to manage a public offering of its stake in insurer American International Group according to a report on Saturday in the Wall Street Journal.
Read more on Reuters via Yahoo! UK & Ireland News
S.Korea KAMCO to buy $4.4 billion bad loans in 2011: report
S.Korea KAMCO to buy $4.4 billion bad loans in 2011: report
Korea Asset Management Corporation (KAMCO) will buy about 5 trillion won ($4.38 billion) worth of bad loans from financial institutions and assets from companies under restructuring this year, local media said on Sunday.
Read more on Reuters via Yahoo! News
Report: Columbia Sussex secures loan
Report: Columbia Sussex secures loan
The Wall Street Journal is reporting that Columbia Sussex Corp. has secured loans totaling $206 million from Greenwich, Conn.-based Starwood Property Trust.
Read more on The Cincinnati Enquirer
Greece examines prospect of debt restructuring after 2013: report
Greece examines prospect of debt restructuring after 2013: report
Greece is examining the possibility of restructuring its debt after 2013 without a “haircut” on the value of the Greek bonds, a Greek newspaper said Thursday.
Read more on People’s Daily
China to keep new loan target unchanged: report
China to keep new loan target unchanged: report
China will probably target about 7.5 trillion yuan ($1.1 trillion) in new loans next year, level with its 2010 target, a leading official newspaper reported on Tuesday, an indication that policy could be slightly looser than expected.
Read more on Reuters via Yahoo! News
BofA looks to sell toxic mortgages worth $1 billion: report
BofA looks to sell toxic mortgages worth $1 billion: report
BANGALORE (Reuters) – Bank of America Corp has put up for sale at least $1 billion worth of toxic mortgage assets, the New York Post said on Monday, citing sources.
Read more on Reuters via Yahoo! Singapore News
Special Report: After U.S. failure, HSBC pushes into China
Special Report: After U.S. failure, HSBC pushes into China
Edward Chow remembers the nervous days of the early 1990s in Hong Kong, when tens of thousands of people left the then-British colony, fearful of what would happen when Chinese rule returned.
Read more on Reuters via Yahoo! News
Automobile makers report robust sales in September
Automobile makers report robust sales in September
New Delhi, Oct 1 : Indian automobile manufacturers reported robust sales in September, helped by high disposable incomes, low-cost loans and new launches ahead of the festival season.
Read more on New Kerala