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The warning came as the latest evidence on the supply of credit to the British economy showed little sign of radical improvements. The Bank of England's Trends In Lending Report confirmed that British consumers were still...
Oil revenues of Yemen decreased until end of the third quarter of 2009 to $1.2 billion compared to $3.8 billion in same period of last year, according to a report of Central Bank of Yemen(CBY), Reuters reported. The report...
Storm of criticism said to buoy Geithner SECRETARY PUSHES BACK Even ex-Bush aides sympathetic, sources say Treasury Secretary Timothy F. Geithner is apparently unbothered by tense exchanges this week with lawmakers, according...
The Reserve Bank of India (RBI) has announced draft rules for foreign exchange (forex) derivatives. The majority opinion from bankers, corporates and RBI insiders is that the RBI has been liberal enough to take a step forward...
A bubble in the Dollar was created in 1971 when the Government ended the gold standard. At that time, the Dollar lost its intrinsic value and has been in a bear market ever since. As a result, the Dollar's purchasing power has...
The Iranian government approved the development of Yadavaran and Jofeir oilfields as buy-back schemes worth $4.071 billion by China's Sinopec and Belarusian Belarusneft in order to produce 110,000 barrels of oil per day.
Banks have been boosting APRs to protect their profits from cardholder delinquencies spurred by the economic downturn and consumer friendly legislation set for enactment next year. Additionally, issuers have increasingly turned...
The banking business has the blahs in St. Louis. Fed's third quarter report on area banks That's the upshot from third-quarter results for St. Louis banks as reported by the Federal Reserve Bank of St. Louis. Gateway Bank was...
Five years ago this week, an obscure little ETF called StreetTracks Gold Shares was born. As the first American ETF enabling stock traders to gain direct price exposure to a physical commodity, GLD was truly revolutionary.
Nov 21, 2009 (The Dallas Morning News - In October, the Dallas Federal Reserve Bank stopped processing paper checks at its Uptown facility. Wal-Mart Stores Inc. is aggressively integrating its stores and Web site this year....
