Finance News Archive

11-Aug-2005

• 'German finance minister calls on European bank to cut rate (AFP via Yahoo! News)
German Finance Minister Wolfgang Clement called on the European Central Bank (ECB) to cut its interest rate, saying it was "remarkably" more reserved than other central banks.
• 'Worldcom ex-finance chief jailed (BBC News)
Scott Sullivan, former Finance chief of Worldcom, is jailed for five years for his part in the company's $11bn accounting scandal.
• 'Home lending finance up in June (NEWS.com.au)
LENDING finance for home owners rose 0.8 per cent in June to $11.7 billion, the Australian Bureau of Statistics said today.
• 'Students head back to school despite school finance woes (Port Arthur News)
With school houses opening across Nederland Wednesday and students preparing to hit the books in Port Arthur Thursday and Port Neches-Groves next week, educators and school leaders are still holding their breath as they await the outcome of the special session ordered to fix school finance problems.
• '8/11/05 Lawmakers Adjourn to Review School Finance Plan (KCBD-TV)
Nine days remain in the special session in Austin and there's still no resolution on school finance. The full Texas House and Senate have adjourned until Tuesday. The House will look over their latest plan but House Speaker Tom Craddick is not optimistic. "We don't have the votes.
• 'Home lending finance up in June (The Australian)
LENDING finance for home owners rose 0.8 per cent in June to $11.7 billion, the Australian Bureau of Statistics said today. The bureau said personal finance commitments were up 1.9 per cent in the month to just over $6 billion.
• 'Lending Finance Up For Australian Homeowners In June: Abs (Asia Pulse via Yahoo! Australia & NZ News)
Lending finance for homeowners rose 0.8 per cent in June to A$11.7 billion (US$9.05 billion), the Australian Bureau of Statistics said today.
• 'Personal finance rises 1.9% (Sydney Morning Herald)
Total personal finance commitments rose 1.9 per cent in June, seasonally adjusted, to $6.010 billion compared with an unrevised revised $5.896 billion in May, the Australian Bureau of Statistics says.
• 'Spirit Finance earnings show steep climb (BizJournals)
Spirit Finance Corp. saw its net income rise sharply in the second quarter, company officials said Thursday.
• 'LENDING FINANCE UP FOR AUSTRALIAN HOMEOWNERS IN JUNE: ABS (Asia Pulse via Yahoo! Australia & NZ Finance)
Statistics Lending Finance for homeowners rose 0.8 per cent in June to A$11.7 billion (US$9.05 billion), the Australian Bureau of Statistics said today.