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Source Match Finance News

Finance department cuts revealed

The Department of Finance and Personnel has said it needs to cut its budget by £28.2m by 2014/15.

China Finance Online Hosts Hong Kong-Themed Stock Trading Simulation Competition

China Finance Online Co., Ltd. , the technology-driven, user-focused market leader in China in providing vertically integrated financial services and products including news, data, analytics and brokerage through web portals, software systems, and mobile handsets, today announced that the first Hong Kong-themed stock trading simulation competition officially started on September 1, 2010.

Home buying up in week, but down 40 percent in year (Reuters)

London shares ended in positive territory Thursday on US jobs and home sales data after falling in early deals.(AFP/File/Carl de Souza)Reuters - Americans applied to buy homes at the highest pace last week since May, but more than 8 of every 10 loan requests was for a refinancing, Mortgage Bankers Association data show on Wednesday.


Slovak Finance Ministry Says It May Sell 3 Billion Euros in Bonds in 2010

Slovak Finance Minister Ivan Miklos said the country intends to raise as much as 3 billion euros in bond sales this year and 8 billion euros next year, he said at a press conference today in Bratislava.

Europe Finance Ministers Urge Hungary to Resume IMF Negotiations, MTI Says

European Union finance ministers urged Hungary to resume negotiations with the International Monetary Fund to boost “credibility and reliability,” state news service MTI said late yesterday, citing an official.

Housing finance up 1.7pc in July

Housing finance commitments for owner-occupied housing rose 1.7 per cent in July, seasonally adjusted, to 47,511, the Australian Bureau of Statistics said on Wednesday.

Finance committee working with Eastern board

TUPPERS PLAINS — A finance committee will begin work again this fall to control rising costs in the Eastern Local School District, according to Superintendent Rick Edwards. Edwards said the rising...

Finance: Rebecca Hyam

The latest finance news here and abroad with Rebecca Hyam.

Finance company gives 12 dialysis machines

Kuwait Finance House (M) Berhad (KFH) has contributed a total of 12 dialysis machines to various dialysis centres across Malaysia.

Bullish or Bearish? The World's Greatest Investors Debate. (The Motley Fool)

The Motley Fool - The bears and bulls were battling as ferociously as ever over the past month. Let's dive right into the debate, through the words of some of the world's greatest investors.

Small investors quitting Wall Street: SEC boss (AFP)

The head of the US stock market watchdog said on Tuesday that individual investors have been turning away from equities since a May crash that exposed weaknesses in Wall Street's trading structure.(AFP/File/Stan Honda)AFP - The head of the US stock market watchdog said on Tuesday that individual investors have been turning away from equities since a May crash that exposed weaknesses in Wall Street's trading structure.


Finance Committee

The Finance Committee is taking evidence on the Senior Civil Service Pay Review.

AIG seeks Sept 21 approval for AIA IPO: sources (Reuters)

Reuters - American International Group Inc plans to seek Hong Kong listing committee approval on September 21, to list its Asian life insurance unit, aiming to raise about $15 billion, two sources with direct knowledge of the deal said on Tuesday.

Finance minister spared in Greek reshuffle

Greece's Socialist government retained its finance minister in a cabinet reshuffle announced early Tuesday but changed other key officials involved in the effort to reform the country's troubled economy.

Petrobras sells 64 bln dlrs of stock to fund oil exploration (AFP)

An oil platform off the coast of Brazil. Brazil's Petrobras unveiled one of the world's biggest share offerings Friday, a sale of up to 64 billion dollars in new stock to finance oil exploration aimed at turning Brazil into a leading oil exporter of the 21st century.(AFP/File/Antonio Scorza)AFP - Brazil's Petrobras unveiled one of the world's biggest share offerings Friday, a sale of up to 64 billion dollars in new stock to finance oil exploration aimed at turning Brazil into a leading oil exporter of the 21st century.


MGIC added $1.2B in mortgage coverage in August (AP)

AP - Private mortgage insurer Mortgage Guaranty Insurance Corp. said Friday it added $1.2 billion in new primary insurance coverage in August and the number of delinquent loans it insures declined.

Sirius XM Has a Stern Decision to Make (The Motley Fool)

The Motley Fool - Satellite-radio star Howard Stern is negotiating in public again.

(AP)

AP - Coast Guard: no sign of oil leak after Gulf platform fire, but crews continue to monitor.

5 Tax Moves to Make Now (U.S. News & World Report)

U.S. News & World Report - It may seem a bit strange to be talking about income taxes in September. There are, however, good reasons to think about taxes well before April 15. For starters, there are some big changes in the tax code that go into effect in 2011. Depending on your income tax bracket and investments, some simple planning now could save you a bundle later.

Summary Box: Mortgage rates hit low of 4.32 pct. (AP)

AP - RECORD LOWS: Mortgage rates fell to the lowest levels in decades for the tenth time in 11 weeks, mortgage buyer Freddie Mac said Thursday. The average rate for a 30-year fixed loan was 4.32 percent. The 15-year fixed loan hit 3.83 percent.

How to Get a Government-Backed, Zero-Down-Payment Mortgage (U.S. News & World Report)

U.S. News & World Report - More than four years after real estate values peaked, the historic plunge in home prices remains fresh in the minds of mortgage lenders. After taking painful losses on delinquent home loans, banks have imposed tougher standards--such as increased credit scores and higher down payment requirements--on applicants of all stripes. And as investors fled for the hills, the exotic mortgage products that helped fuel the real estate boom have largely disappeared from the private market. But that doesn't mean all buyers need a big pile of cash to snag a home loan. ...

5 Reasons You Should Buy Your Latte (U.S. News & World Report)

U.S. News & World Report - The Latte Factor, a term coined (and trademarked) by personal finance guru David Bach, is one of the most talked about concepts in the world of personal finance. But it might be based on faulty math.

The Next 4 Dot-Com Buyouts (The Motley Fool)

The Motley Fool - Shares of Salary.com (Nasdaq: SLRY - News) -- a small provider of human resources applications on the cloud -- soared 43% yesterday, after agreeing to be acquired by larger rival Kenexa (Nasdaq: KNXA - News).

Mortgage rates hit record low: Freddie Mac (Reuters)

Reuters - U.S. mortgage rates fell in the past week to the latest in a series of record lows as yields on government debt dropped, according to a survey released on Thursday by Freddie Mac, the second-largest U.S. mortgage finance company.

Mortgage rates hit decades-low of 4.32 percent (AP)

A home is offered for sale in Hawthorn Woods, Illinois. New home sales plunged to the lowest levels in half a century and the pace of orders for goods indicated the manufacturing sector slowed markedly, with business capital spending contracting massively.(AFP/Getty Images/File/Scott Olson)AP - Mortgage rates fell to the lowest level in decades for the tenth time in 11 weeks, as investors worried about the economy.


No bank account? Get your tax refund on plastic (AP)

AP - A new Treasury Department program to give people without bank accounts faster access to their tax refunds will help some avoid costly short-term loans. But careless consumers could end up racking up fees and padding bank profits.

Why It's Harder to Be a Clueless Consumer (U.S. News & World Report)

U.S. News & World Report - American consumers hate being told what to do, and to prove it, we routinely make choices that are irrational and counterproductive. We make impulse purchases we can't afford. We build bigger houses than we need, chaining ourselves to an onerous mortgage for years. We drive rugged, four-wheel-drive vehicles even though we never leave the pavement. We buy Snuggies.

5 Ways to Simplify Your Personal Finances (U.S. News & World Report)

U.S. News & World Report - If you're combining your life with a new spouse, moving from one house to another, or just frustrated with the amount of documentation you have filed (or unfiled) in your basement, it's a good time to simplify your finances. Simplification is not only practical, it is beautiful. This is the concept of kanso, a Japanese aesthetic usually applied to gardens. Through a stretch of the mind, we can apply this beauty to our lives and our finances.

Mortgage applications rise 2.7 pct on low rates (AP)

AP - Mortgage applications rose 2.7 percent last week as more borrowers took advantage of the lowest rates in decades to reduce their monthly loan payments.

The Great Value Investors Are Heading West (The Motley Fool)

The Motley Fool - When Berkshire Hathaway (NYSE: BRK-A - News) was buying railroad company Burlington Northern last December, Warren Buffett told Matt Rose: "I've seen what's been done here [in the U.S.]. I think I know how the country is going to develop. I think the West is going to do well. I'd rather be in the West than the East. So I really don't have much of a worry about that."
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