Finance News Archive

18-Aug-2005

• 'Market Chatter -- Corporate finance press digest (Reuters via Yahoo! Singapore News)
LONDON, Aug 18 (Reuters) - The following corporate Finance-related stories involving U.S. and European companies were reported on Thursday: ** UK retailer Boots has shortlisted six bidders for its over-the-counter healthcare arm, the Daily Mail reported on Thursday, adding they include GlaxoSmithKline , Reckitt Benckiser , Pfizer and Bayer .
• 'Finance for keeping mills out of TCP sugar stock sale ARIF RANAISLAMABAD (August 19 2005): The ministry of finance has (Business Recorder)
ISLAMABAD (August 19 2005): The ministry of Finance has opposed participation of the sugar industry in Trading Corporation of Pakistan (TCP) tenders to offload buffer stock, it was learnt here on Thursday.
• 'Beauregard Parish School Board Finance Department receives award (DeRidder Beauregard Daily News)
The Certificate of Achievement for Excellence in Financial Reporting has been awarded to the Beauregard Parish School Board by the Government Finance Officers Association of the United States and Candada (GFOA) for a third year in a row.
• 'Finance chiefs feeling the heat as jobs get tougher (Edinburgh Evening News)
BRITAIN's finance directors are under more pressure than ever before, with the nature of their jobs changing dramatically, according to new research.
• 'VIETNAM'S MINISTRY OF FINANCE OPPOSES DEPOSIT INSURANCE INCREASE (Asia Pulse via Yahoo! Australia & NZ Finance)
Banking / finance The State Bank of Vietnam (SBV) has asked the Government to allow the Deposit Insurance of Vietnam (DIV) to raise its maximum deposit insurance compensation level from VND30 million to VND50 million (US$1,900 to $3,200) to cover depositors of bankrupt credit institutions.
• 'INTERNATIONAL FINANCE CORP CHINA INVESTMENT TOTALS $US2.2BLN (Asia Pulse via Yahoo! Australia & NZ Finance)
Banking / finance The International Finance Corporation (IFC), the world's largest multilateral financial institution, has seen its investment grow rapidly in China to $US2.2 billion, according to Zhu Jianyuan, a financial official with the IFC.
• 'Xinhua Finance undeterred by obstacles in first year (The Star Online)
TOKYO: Xinhua Finance Ltd, the first foreign company to list its shares solely in Tokyo, said it has encountered many unexpected obstacles during its first year of trading, but it plans to stay the course.