Posts Tagged ‘government’

Fiat offers $125 million for Canada’s Chrysler stake: CEO

Fiat has offered $125 million to buy the Canadian government’s stake in Chrysler Group LLC as it moves swiftly to strengthen its control of the U.S. automaker, Fiat Spa CEO Sergio Marchionne said on Saturday. View full post on All Stories

Chrysler Said to Prepare to Pay Back Government Loans Next Week

May 18 (Bloomberg) — Chrysler Group LLC plans to repay U.S. and Canadian government loans on May 24, clearing the way for Fiat SpA to increase its ownership in the U.S. automaker, two people … View full post on All Stories

Most Asia Stocks Fall After China Reports Property Measures

Dec. 23 (Bloomberg) — Most Asian stocks declined as developers in China fell after the government stepped up scrutiny of real estate investments to curb rising housing property prices, countering gai View full post on All Stories

Bank scheme ‘did not lift loans’

A government plan to restore confidence to the markets worked but it did not fully succeed in boosting lending, a report says. View full post on All Stories

FG Reconstitutes Board of Federal Mortgage Bank

The Federal Government has approved the reconstitution of the board of the Federal Mortgage Bank of Nigeria (FMBN). A statement from the office of the Special Assistant (Media/Admin) to the Minister … View full post on All Stories

Mortgage exit fee ban could backfire

The federal government’s vow to ban mortgage exit fees on new home loans could unintentionally hurt smaller lenders. View full post on All Stories

Calif. economic study: Gains after near-term pain

New state government reforms and a revived housing market along the coast could put California’s economy on a strong footing when it finishes its long, slow slog through a sluggish recovery, according to an economic forecast released Tuesday. Read comments View full post on All Stories

Spanish Government to approve privatisation, scrap benefit

The Executive may also approve an increase in tax on tobacco. Zapatero cancelled an official trip to Bolivia for the Ibero-American summit to chair Friday’s meeting. The Council of Ministers of Spain on Friday is set to pass a series of anti-recession measures which will include a reduction in taxes for SMEs (Small and Medium [...]

China lending to top $1.2 trillion in 2010: report

HONG KONG (MarketWatch) — China’s total credit growth this year could reach 8 trillion yuan ($1.201 trillion), exceeding the government’s target of 7.5 trillion yuan in new lending, according to a report Tuesday by the state-run China Daily. About 588 billion yuan of new loans were extended in October, lifting the total loan issuance in [...]

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