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

AHN News Staff Brussels, Belgium (AHN) – European Union’s Economic and Monetary Affairs Commissioner Olli Rehn, in Dublin to review Ireland’s draft 2011 budget, has not talked about any financial help from the EU to the Irish Republic. Rehn said that the country could restore confidence after it publishes its four-year plan to reduce debt. [...]

A BlackRock Inc fund this month will begin financing U.S. home loans customized for a new breed of residential mortgage-backed securities that avoids the conflicts tainting many of today’s private issues. View full post on All Stories

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PRESTON, England, Oct. 29 /PRNewswire/ — Finance is very much a numbers game and so to save you from the inevitable headaches that figures often provide, visit www.Calculator.co.uk for quick-fire assistance with mortgages, savings, loans and general maths. The brand new website is a number-crunchin View full post on All Stories

Bulgaria’s budget policy is in complete chaos, said former Energy Minister, Rumen Ovcharov, and accused the Finance Minister Simeon Djankov of suffocating the Bulgarian economy. In an interview for the Bulgarian private TV channel bTV on Friday, Ovcharov said that in a period of 30 months, the inflation in the country will be 10%. He [...]

Life of the executives is very fast and they are to remain always mobile because of the nature of their profession. All on a sudden they may find that some small amount of money is required for repairing of the cars or for meeting up the bill of the hospital or they may find it [...]

Protests and strikes in France against the government’s proposal to raise the retirement age are costing the economy between 200 million and 400 million euros ($142- $285 million) each day and threatening the recovery, said Finance Minister Christine Lagarde. View full post on All Stories

RBI on Friday announced constitution of a sub-committee to look into the functioning of Micro Finance Institutions, as they have drawn flak for using strong arm tactics to recover loans. View full post on All Stories

Tejinder Singh – AHN News Correspondent Washington, D.C., United States (AHN) – Indian top financial official on Thursday called upon global investors to look at the growing potential provided by Indian economic and business environment as the Asian economy races to more than a 9% growth in the coming year. Pranab Mukherjee, the Indian finance [...]

Federal Finance Minister Jim Flaherty says that even if Canada’s economy cools a bit, that won’t drastically alter the government’s next budget. View full post on All Stories