Consumers too glum to buy houses: data
people took out a new mortgage in May - the lowest number since October 2004 - as 12-year high interest rates continued to dampen the desire for home ownership. Australian Bureau of Statistics data released on Wednesday showed growth in owner-occupied
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Muthoot group plans radio business growth through acquisitions
The Kerala-based Muthoot group, with business interests in finance, real estate, healthcare and education, wants to acquire FM radio stations, a top company official said here Tuesday. 'We are open to acquire existing FM stations,' Muthoot group's
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SEC investigation blasts credit-rating companies
WASHINGTON - A Securities and Exchange Commission investigation into credit-rating companies found the firms improperly managed conflicts of interest and violated internal procedures in granting top rankings to mortgage bonds.A 10-month review of Moody's
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Deutsche Bank expands into Peru
Deutsche Bankhas launched its first subsidiary in Peru after appointing a new chief country officer for Brazil last week as rivals also target the region. To read this article Register or Login Don't have an account? Get a FREE trial When you take a
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Jefferson Co. Fires Merrill, Two Others
Extract not available.
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Lehman downgrades entertainment industry
LOS ANGELES -- A Lehman Brothers analyst downgraded the entertainment industry Monday and slashed fo recasts for its five major companies, saying digital downloads of movies and TV shows posed a huge threat to profits from DVD sales that the companies
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  • China Railway Construction Holds IPO (AP)

    Shares in major contractor China Railway Construction had a lackluster debut in the Hong Kong stock market Thursday amid gloomy sentiment following an initial public offering that raised $5.4 billion.

  • China Direct, Inc. Receives Approval from the NASDAQ Stock Market, LLC. for its Common Shares to be.

    China Direct, Inc. , a U.S. company that owns controlling stakes in a diversified portfolio of Chinese entities and assists Chinese businesses in accessing the U.S. capital markets, today announced it has received approval from the NASDAQ Stock Market LLC.® for its common shares to be listed on the NASDAQ Global Market.


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