Archive for the Category ‘Finance’

Japan’s new PM warns the country of a Greece-like debt crisis

The new Prime Minister of Japan, Naota Kan warned the nation about the financial threat that Japan is facing. The national debt is swelling and needs to be dealt immediately so as to save the nation from financial mess similar to what Greece is facing right now.
Though as per the statistics Japan has much more [...]

Gold Prices Keep Rising

Gold is now at a record high and with the weak Euro and the unstable European Equity Markets the appetite for gold is becoming greater and more investors look to seek refuge in the traditional safehaven of gold.
“Nobody thinks euro-land’s debt problems are over with” said Frank Lesh, a futures analyst at FuturePath Trading in [...]

Sharp Slides in Euro Stock Market

Sharp Slides in Euro Stock Market

Europe Market is down after the Main Bank of Europe gives warnings that banks assents will vanish. The Euro Stoxx 50 down by 2.6%; London, Paris and Frankfort down in 2%. Madrid Market down in 3.3%. Italy is down in 3.3% and Athens is down in 2%.
The main Bank of Europe gives warnings that [...]

Korean Finance Ministry to Reduce Rate Meeting Role

South Korea’s government plans to reduce its role in central bank policy meetings after the presence of a representative at the gathering spurred concern about the bank’s independence.
The vice finance minister who attends the sessions will leave during the Bank of Korea’s vote on interest rates, Yoon Jong Won, director general of the Finance Ministry’s [...]

Second Mortgage Loan Modifications From Wells Fargo

Second Mortgage Loan Modifications From Wells Fargo

Leading mortgage servicer Wells Fargo has agreed to participate in the government’s loan modification program for second mortgages, making it the second bank after Bank of America to offer the additional service. This follows a call from administration officials to improve loan modification efforts, especially as the Home Affordable Modification Program (HAMP) continues to struggle [...]

The fall of Global Stock Markets

The global stock markets in this world have fell on Tuesday. It was happened because of debt problems occurred in Euro zone. This event caused the fall of the global condition. The fall was marked with the fall in London, in Germany, and in France. In London, the trade was down by 2.60%, then in [...]

The Jobless Rate in the United States Increases

The jobless rate in the US is quite high. It can be seen from the 34 states in there and from Washington, D.C. which have many people that have not a job. But fortunately, the increase just happened in six states. The rate was unchanged in the 10 other states. There are about 14% of [...]

Most Profitable Year On Record for Arizona University

Dunlap-Stone University’s (DSU) President, Dr. Donald Burton, today announced that the private, for-profit Arizona Corporation just completed its most profitable year since it opened in 1995. “We are very pleased with the 2009 results,” Dr. Burton said. “However, what I am most excited about is what this shows lies ahead.”
“We have many reasons to be [...]

Football World Cup to drive sales

The 2010 Football World Cup will massively increase demand for Compression shorts according to UK retailer Compress Yourself.
Almost all of the 32 competing teams are expected to wear Compression clothing to help prevent injury and aid recovery in what promises to be a long and hard fought tournament.
“The popularity of Compression clothing has grown [...]

U.S Government Demanded the Open Trade Policy in Beijing

Treasury of the United States of America demanded the China government to make a more open and fair trade policy. It was done because they wanted the development a “level playing field” for foreign investments, including for the U.S businesses. Like the statement of U.S Treasury Secretary, Timothy Geithner, thatthe China should to make the [...]