Bank Mandiri says it has disbursed Rp 30.2 trillion (US$3.35 billion) in palm oil sector loans in the first nine months of 2010, up 35 percent from the same period last year. View full post on All Stories

Ireland has unveiled the harshest budget measures in its history, a four-year plan to slash deficits by e15 billion ($20 billion) so it can receive a massive bailout from the European Union and the International Monetary Fund. ||| Ireland has unveiled the harshest budget measures in its history, a four-year plan to slash deficits by [...]

The share of Bulgaria’s corporate default loans has reached nearly 19% in October without taking into account the overdrafts, according to Central Bank data. In the last month the default loans are up by BGN 310 M. Compared to October 2009, those loans are up 122%…. View full post on All Stories

The Media Line Staff Gaza, Palestinian Territory (TML) – In the lobby, a pair of workers is hanging large portrait photographs of Yasser Arafat and Mahmoud Abbas, while outside a construction scaffolding sits close by the front entrance, but otherwise the West Bank’s first five-star hotel is open for business. Banners advertising the Palestinian stock [...]

As EU experts dug through the books of Ireland’s debt-crippled banks, the question moved from whether Ireland will take an international bailout to under what conditions. ||| Dublin – As EU experts dug through the books of Ireland’s debt-crippled banks, the question moved from whether Ireland will take an international bailout to under what conditions. [...]

The World Bank has approved two loans, totaling US$800 million, to support priority reform programs of the Indonesian government. View full post on All Stories

Everyone wants to live his life to the fullest. It is usually observed that only people with bulky wallets can satisfy all their desires without ay trouble. But, those who belong to middle-class families, their desires are lest unsatisfied in a corner of their heart due to their inability to afford all those expenses. But, [...]

AHN News Staff Dublin, Ireland, United Kingdom (AHN) – After hedging for several days, Ireland finally admitted Thursday that Dublin needs the international bailout being offered by the European Central Bank or the International Monetary Fund. Irish Central Bank Governor Patrick Honohan said the international loan would likely happen to deal with concerns of the [...]

LAKEWOOD, Colo.–(BUSINESS WIRE)–General Moly (NYSE Amex: GMO) (TSX: GMO) announced that the Company has been informed by Sichuan Hanlong Group (Hanlong) that Hanlong has signed a memo of cooperation over the past weekend with the Export-Import Bank of China, Chengdu branch (CEXIM). The agreement is focused on CEXIM providing up to $1.5 billion in loans [...]

ROYAL Bank of Scotland yesterday agreed to sell a £3.8billion package of project finance loans to Japan’s Mitsubishi UFJ Financial Group as part of the drive to slash its -balance sheet. View full post on All Stories

SAN FRANCISCO (MarketWatch) — Moody’s Investors Service on Monday placed Marshall & Ilsley Corp. , as well as its lead bank, M&I Marshall & Ilsley Bank, under review for possible downgrade. “The review will focus on the impact of the ongoing weakness in M&I’s real estate portfolios, both commercial and residential,” said the ratings agency [...]