July 2009
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The Shanghai Composite Index is the world’s second best performing stock market this year after Peru. Stocks have surged as 7.37 trillion yuan ($1.1 trillion) of bank loans and government spending spur an economic recovery.
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The Shanghai Composite Index, the world’s second-best performer, has surged 82 percent this year as investors poured money into equities on optimism 7.37 trillion yuan ($1.1 trillion) of bank loans would drive an economic recovery.
Written by Yahoo! News Search Results for loans on July 30th, 2009 with no comments.
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In February, the Obama Administration said it would pay mortgage-servicing companies to modify existing home loans to make them more affordable -- an attempt to keep struggling borrowers in their houses and slow the escalating pace of foreclosures
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Ireland's government published its plan Thursday for establishing a "bad bank" that would buy, at a discount, euro90 billion ($135 billion) in dud loans to property developers.
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DENVER - Bankruptcy records show the failed New Frontier Bank in Greeley financed about $9.6 million in loans for business deals of a former director who later was convicted of theft in a mortgage scheme.
Written by Yahoo! News Search Results for loans on July 30th, 2009 with no comments.
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Merle David Kellerhals Jr. The International Monetary Fund (IMF) announced a package of measures aimed at providing loans of up to $17 billion over five years to low-income countries that have been hit hardest by the global economic crisis.
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July 30 (Bloomberg) -- China’s banking regulator plans to tighten disbursement of loans intended for improving working capital at borrowers in an attempt to prevent funds from being misused.
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Johannesburg — THE International Monetary Fund (IMF) will sharply increase soft loans to low-income countries with zero interest payment obligations in the medium term to help these countries weather the global economic crisis.
Written by Yahoo! News Search Results for loans on July 30th, 2009 with no comments.
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BEIJING -(Dow Jones)- China's banking regulator has drafted rules governing loans used for working capital, following warnings from government officials that misuse of some loans had helped create potential bubbles in the local stock and property markets.
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SEOUL - SOUTH Korea's financial watchdog on Thursday urged local banks to speed up the clearing of bad loans, citing risks of financial instability.
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