Asia business

Asia’s top companies are less upbeat on their business outlook than in the first quarter, with mounting concern over the euro zone crisis and a slowdown in China’s growth, according to the latest Thomson Reuters/INSEAD Asia Business Sentiment Survey, published on Wednesday. The Thomson Reuters/INSEAD Asia Business Sentiment Index (RACSI) slid to 69 in June Read more about Asia business[…]

Europe Can Be Saved

Speaking in Italy at the Festival of Economy, the Financial offered a variety of comments on the economy, but has spent most of his time on the current situation in Europe. In a speech long enough, Soros covered Greece, Germany and the reasons why it considers that the Union will survive financial and trade-offs between Read more about Europe Can Be Saved[…]

Too Big to Fail

The 2008 financial crisis has pushed the world economy on the brink of collapse and revealed major flaws in the financial system. Four years later, most observers agree makers whiffed on addressing one of the main causes of the crisis: the difficulty of dealing with financial institutions if they are considered important – by regulators, Read more about Too Big to Fail[…]

Scotia Bank Increased Its Dividend

Scotiabank intends to increase its dividend, while its net profit rose 15% in the first quarter, according to results released Tuesday. The profits of the financial institution totaling $ 1.4 billion in the quarter ended Jan. 31, compared to $ 1.2 billion the same quarter of fiscal 2011. The quarterly dividend on common shares will Read more about Scotia Bank Increased Its Dividend[…]

Tough To Come Loans

Many of the state’s largest financial institutions remain cautious to extend financial lending products to even the most credit score worthy people, a new study shows. Despite improvements in the economy, more smaller businesses have turned to group financial institutions or alternative lenders to uncover lines of credit score after failed attempts to get financial Read more about Tough To Come Loans[…]

New Federal Initiative

I heard many complaints in the wake of the $840 billion federal economic-stimulus plan of 2009 that it did little to help small businesses. Congress followed up with 2010’s Small Business Jobs Act, which included a $30 billion Small Business Lending Fund (SBLF). Once again, the program underwhelmed as many banks simply exchanged the capital Read more about New Federal Initiative[…]

Should I Invest Money

This situation brings to mind a philosopher named Blaise Pascal who argued that even people who doubt God’s existence should live their lives as if God exists anyway. By doing do, Pascal argues, if it turns out that God exists you will spend eternity in heaven, but if it turns out God does not exist, Read more about Should I Invest Money[…]

Solyndra Loans

The Obama administration said on Thursday its top energy loans official was stepping down, following a widening probe into the embarrassing collapse of a solar panel company that got $535 million in federal support. Jonathan Silver, a venture capitalist who had also worked for the Clinton administration, was leaving because the loan program has allocated Read more about Solyndra Loans[…]

Available Business Loans

More federal loans for small businesses are opening up in Virginia. Sen. Mark Warner announced this week that the U.S. Department of the Treasury had approved an application from Virginia for $18 million in federal loan support for the Virginia Small Business Financing Authority. The money was authorized a year ago as part of a Read more about Available Business Loans[…]

Growing Business Loans

While the federal regulators have reported some grim news for small business credit, investors should take note of which banks are consistently growing their commercial loan portfolios. According to Community Reinvestment Act data filed by banks and thrifts with total assets of $1.1 billion or more gathered by the Federal Reserve, the Federal Deposit Insurance Read more about Growing Business Loans[…]

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