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China shores up credit database to curb bank risk (Reuters via Yahoo! Asia News)
BEIJING, Aug 31 (Reuters) - China has put together a wide-ranging consumer credit database to help commercial banks fend off risk, a key step towards building a modern credit culture that is crucial for rebalancing the economy.
PRESS RELEASE: New S&P Report On Creditors' Risk (Dow Jones via Yahoo! Australia & NZ Finance)
PRESS RELEASE: New S&P Report On Creditors' Risk The following is a press release from Standard & Poor's: Group Investment Ltd.'s proposed takeover offer for Carter Holt Harvey Ltd. (CHH) will differ for each of CHH's creditors in accordance with the various terms and conditions of the debt issued in the capital markets and in CHH's bank-facility agreement, said Standard & Poor's in a new report
Ontario to eliminate tax credit for labour-sponsored investment funds (Canadian Press via Yahoo! News)
TORONTO (CP) - The Ontario government will save tens of millions of dollars annually through its plan to eliminate a 15 per cent tax credit for investors in high-risk labour-sponsored funds, government officials say.
Your Credit Score's All Wrong (The Motley Fool via Yahoo! News)
You already know the drill. Before making a major financial move (financing or refinancing a home, getting a car loan, comparing credit histories with your betrothed), you have to review your credit report. This detailed record runs down your entire banking history, and if you order a credit score, it reveals your overall credit GPA -- a score based on your history of handling money.
Labour funds tax credit to end (Canoe)
TORONTO -- The Ontario government will save tens of millions of dollars annually through its plan to eliminate a 15-per-cent-tax credit for investors in high-risk labour-sponsored funds, officials say.
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Ratings expert urges caution on credit risk at South Korean banks -
South Korean banks lack the historical data to evaluate credit risk, making it harder for them to meet new standards for assessing their financial...
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Guy Carpenter & Company, Inc., the leading global risk and reinsurance ... Credit Suisse shares drop as bank reportedly prepares CSFB job cuts
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Retirees Are Fulfilling Travel Dreams Through House Sitting
Jim and Thelma McSkimming, New Zealand retirees, are thrilled to find they are able to fulfill their travel dreams by becoming house sitters. With the support of their family, they are globetrotting, providing necessary services and experiencing many different cultures and lifestyles. [PRWEB Aug 31, 2005]
Wealth Mentor Offers Financial Planning Tips on How to Embark on "Wealth Odyssey"
In an environment of changing Social Security and pensions, learning to compensate is critical for financial success. [PRWEB Aug 31, 2005]
Pre-construction Condos and Resorts: Smoky Mountains Area Seeing New Trend in Investment Properties
The Smoky Mountains area of eastern Tennessee continues to see tourism rise and starts of new homes soar. [PRWEB Aug 31, 2005]
Scott + Scott, LLC, Which Filed Initial Shareholder Securities Fraud Lawsuit against Investors Financial Services Corporation, Issues Update
Scott + Scott, LLC, issues update on securities frad action against Investors Financial Services Corporation. [PRWEB Aug 31, 2005]
Chase Bank USA Sued for Illegally Increasing Interest Rates and Reporting Duplicate Account To Credit Bureau Experian
Long-time Chase Bank account holder Ted Pett Jr. filed suit after Chase raised the interest rate to 19.99% and reported the account and balance twice to Experian. Chase also improperly raised the interest rates for some Bank One customers after the acquisition up to 28.74%. [PRWEB Aug 31, 2005]
Are You Buying a Car? Consider This Tip
Nothing upsets me more than when I see someone being taken advantage of because they didn’t understand finances and the salesman who takes advantage of them knows this. I have seen this with loan officers for financing of homes and car dealerships too many times. Unfortunately I find out about the deal after the client had already signed the papers or before they decide to contact their accountant for help. So I offer this information to you in hopes that you won’t make this same mistake. Here’s the story. [PRWEB Aug 31, 2005]
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