Finance News Archive

01-Sep-2005

• 'British ex-finance minister Clarke vows to 'demolish' successor Brown (AFP via Yahoo! News)
Former British Finance minister Kenneth Clarke vowed to "demolish" the economic record of his successor Gordon Brown as he prepared to state his Conservative leadership credentials.
• 'GE Consumer Finance To Foray Into Indian Banking (Asia Pulse via Yahoo! Australia & NZ News)
GE Consumer Finance, the global consumer-lending unit of the General Electric Company (GE), will foray into banking in India in the next 18 months, a top executive of the company said.
• 'Gist of draft joint statement of APEC finance ministers' meeting (Kyodo via Yahoo! Asia News)
_ The following is the gist of a draft of a joint statement to be issued after a meeting of finance ministers from the Asia-Pacific Economic Cooperation forum slated for Sept. 8-9 on Jeju Island, South Korea.
• 'Labour considers Reserve Bank eye on non-bank finance (Stuff)
The rapidly growing non-bank finance company sector could definitely come under the regulatory eye of the Reserve Bank if Labour is returned to Government, the party's economic policy says.
• 'Rohm and Haas Company Begins Exchange Offer for 6.0 Percent Notes of Rohm and Haas Denmark Finance A/S Due March 2007 (ChemPoint)
PHILADELPHIA -- August 23, 2005 - Rohm and Haas Company today announced that it has launched an exchange offer outside the United States to existing holders of euro 400 million in Rohm and Haas Denmark Finance 6.0 percent euro notes due March 9, 2007. The company is offering existing holders of the 2007 notes the opportunity to exchange the 2007 notes for Rohm and Haas Company 7-year
• 'GE CONSUMER FINANCE TO FORAY INTO INDIAN BANKING (Asia Pulse via Yahoo! Australia & NZ Finance)
Banking / finance GE Consumer Finance, the global consumer-lending unit of the General Electric Company (GE), will foray into banking in India in the next 18 months, a top executive of the company said.
• 'G-20 finance, central bank officials discuss global economic, social issues in China (People's Daily)
Finance and central bank officials from members of Group 20 Thursday began their two-day discussion on major global economic and social issues in northeast China's port city of Dalian.
• 'Timaru businessman tipped to float finance company (The New Zealand Herald)
Timaru businessman Allan Hubbard is rumoured to be readying his privately-held finance company for a sharemarket listing later this year.
• 'Campaign finance questions linger for Forrester (Newsday.com)
TRENTON, N.J. -- Though Doug Forrester tried Thursday to resume campaigning as usual by appearing at a gas station to discuss skyrocketing fuel prices, he continued to be dogged by campaign finance questions that have hung over his bid for governor for nearly a month.
• 'Regulation threat for finance companies (The New Zealand Herald)
The burgeoning non-bank Finance company sector could definitely come under the regulatory eye of the Reserve Bank if Labour is returned to Government, the party's economic policy says.