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21 June 2011 ~ Comments Off

Save money with simple debt management plan

Saving money and paying debt may be possible if you enroll in a debt management plan. A debt management company can help you to reduce your debt by negotiating your creditors. If most of your debt is stuck in revolving credit, you can better clear them off by taking the help of debt management company. [...]

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11 June 2011 ~ Comments Off

Bangladesh unveils budget high on defense, low on farm spending

Saleem Samad – AHN News Correspondent Dhaka, Bangladesh (AHN) – Bangladesh, the world’s poorest Muslim majority country, unveiled a $22 billion deficit budget high on defense expenditures and low in farm spending. The government projects revenue income at $16.01 billion in the coming fiscal year, up from nearly $13 billion. The budget was placed in [...]

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18 May 2011 ~ Comments Off

Deere 2Q net income jumps 65 percent

Deere & Co. said Wednesday its fiscal second-quarter profit soared 65 percent because of strong demand for its agricultural equipment, especially in the United States, Canada and Brazil. View full post on All Stories

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05 May 2011 ~ Comments Off

Bankrupt hard-money lender looks to sell properties

Integrated Financial Associates, a hard-money lender that filed for bankruptcy protection in March, hopes to sell properties it owns to generate income and get back to originating short-term loans secured by real estate, attorney Alan Smith said. View full post on All Stories

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05 May 2011 ~ Comments Off

Thai government considers helping homebuyers with affordable loans

The Government Housing Bank in Thailand is considering offering 0% interest rate loans for the first two years, to allow people in middle and low income brackets to purchase property costing less than US$100,200. View full post on All Stories

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05 May 2011 ~ Comments Off

California Tax Revenue Runs $2.3 Billion Ahead of Estimate

California has collected $2.3 billion more from income taxes this fiscal year than was projected, a gain that may help Governor Jerry Brown and lawmakers fill what remains of a $26 billion deficit. View full post on All Stories

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25 April 2011 ~ Comments Off

Britain to sign tax deal with Switzerland

Britain will soon sign a disclosure agreement with Switzerland that would force thousands of Britons who have secret accounts in Swiss banks to pay taxes on interest income, dividends and untaxed income. The estimated amount of the deposits is $187.50 billion (GBP 125 billion). View full post on Banking Stories

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16 April 2011 ~ Comments Off

BofA misses estimates as income falls 39 percent in first quarter

Bank of America Corp.’s first-quarter income fell 39 percent on higher costs related to its mortgage business and higher litigation expenses. The bank also settled a claim over faulty mortgage investments and set aside less money to cover soured loans. View full post on All Stories

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15 April 2011 ~ Comments Off

Mortgage Losses Drag Down Bank Of America’s Profits

Bank of America Corp.’s first-quarter income fell 39 percent, to $1.7 billion, on higher costs related to its mortgage business and litigation. The bank also settled a claim over faulty mortgage investments and set aside less money to cover soured loans. View full post on All Stories

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31 March 2011 ~ Comments Off

Industrial & Commercial Bank of China enjoys net profit of 28%

Linda Young – AHN News Writer Shanghai, China (AHN) – Profitable lending made possible by fast economic growth in China helped boost net profit 28 percent at Industrial & Commercial Bank of China Ltd (ICBC), the world’s largest lender by market value. ICBC (1398.HK) is also China’s largest bank by assets. That translated to $25.19 [...]

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