Finance News Archive

21-Oct-2005

• 'GE Consumer Finance and Shenzhen Development Bank enter strategic alliance (Banking Business Review)
GE Consumer Finance,the consumer lending unit of General Electric, and Shenzhen Development Bank, Chinas first publicly traded bank, have entered into a strategic cooperation agreement aimed at further developing the Asian banks consumer services infrastructure.
• 'DeLay goes to court on finance charges (Reuters via Yahoo! News)
Rep. Tom DeLay appeared in court on Friday to face campaign-Finance charges, but the session was cut short by his lawyer's argument that the judge is a Democrat who cannot give a fair trial to the former second-ranking Republican in the House of Representatives.
• 'Canyon County makes plans to finance new jail with sales tax (KBCI Boise)
CALDWELL, Idaho Canyon County officials are making plans to finance a new jail with a local option sales tax. County Commissioner Matt Beebe says the county will soon need a new, larger jail for all classes of inmates _ with about two-thousand beds.
• 'Japan finance chief sees rate danger (CNN Money)
TOKYO (Reuters) - Finance Minister Sadakazu Tanigaki said on Friday that a rise in Japanese long-term interest rates alone could have an adverse impact on the economy as Japan remains in deflation.
• 'U.S. lawmaker DeLay goes to court on finance charges (Reuters via Yahoo! Singapore News)
AUSTIN, Texas (Reuters) - U.S. Rep. Tom DeLay appeared in court on Friday to face campaign-Finance charges, but the session was cut short by his lawyer's argument that the judge is a Democrat who cannot give a fair trial to the former second-ranking Republican in the House of Representatives.