Lebanon 'immune' to financial crisis
Bankers in Beirut say they were prepared for the financial meltdown hitting the world's financial markets and they are booming as a result.

China, U.S. Deepen Financial Ties, Aid Global Trade (Update1)
Dec. 5 (Bloomberg) -- China and the U.S. pledged $20 billion to fund trade and agreed to deepen financial ties, stepping up efforts to counter the credit crisis in their final economic talks before President-elect Barack Obama takes office.

Mitsubishi UFJ, Financial Stocks Decline on Weakening Economy
Dec. 5 (Bloomberg) -- Mitsubishi UFJ Financial Group Inc. , Japan?s biggest bank, led declines among financial stocks in Tokyo on concern the deteriorating economy will harm lenders.

Head of Financial Rescue Says Treasury Considering Mortgage Rate Plan
The financial industry is pushing a proposal for the Treasury Department to seek to lower the rate on a 30-year mortgage to 4.5 percent. 

Dodd disappointed with financial bailout
WASHINGTON, Dec. 4 (UPI) -- The U.S. auto industry provided more information to show it deserves taxpayer support than financial companies have, U.S. Sen. Christopher Dodd, D-Conn., said.

Financial Stocks: Financial stocks slip; AIG may renegotiate bailout
U.S. financial stocks as a group fall about 1% following a few days of gains, and are likely to remain volatile if the trend set in recent sessions prevails.

Honda to quit Formula One, citing global financial crisis
Honda will withdraw from Formula One by the end of this year, citing deteriorating business conditions due to the global financial turmoil and the worldwide economic downturn.

Woman solicitor was 'lover lawyer and financial advisor' to drug dealer
A solicitor was "the lover lawyer and financial advisor" to a drug dealer who made half a million pounds from heroin and cocaine a jury was told.

Dodd endorses financial assistance for automakers
Senate Banking Committee chairman Christopher Dodd has come out in favor of federal financial help for the troubled auto industry.

Of abbreviations, acronyms and financial crisis
At the heart of these predictable manifestations of business cycles usually were financial instruments which became so popular that they came to be more commonly referred to by their abbreviations or acronyms than their original names.

U.S. supports longer Chinese membership in Financial Stability Forum
The United States supports extending membership in the Financial Stability Forum(FSF) to China and other important emerging market economies. Zhu Guangyao, China's Assistant Minister of Finance, briefed reporters after the fifth China-U.S. Strategic Economic Dialogue (SED) concluded Friday morning. "With the background of the global financial crisis, one important measure is to increase ...

EurActiv.com - Concrete steps to EU financial oversight | EU - European Information on Financial Services
"A quantum step needs to be taken to upgrade and adapt the structure of financial oversight in the EU," argues Karel Lannoo, the CEO of the Centre for European Policy Studies (CEPS), in a December report.

Financial bailout still faces challenges: Paulson
BEIJING (Reuters) - The United States has made clear progress in steadying its financial system, thanks in part to a $700 billion bailout fund authorized by Congress, but the rehabilitation process still faces many challenges, Treasury Secretary Henry Paulson said on Friday.

Maui ethics panel to mull Nishiki financial disclosure
Issues surrounding a financial disclosure by incoming County Council Member Wayne Nishiki will be on the agenda at a Board of Ethics Meeting on Dec. 17, The Maui News reported today.

Country's financial situation deteriorating - Mangion
The country?s financial situation has deteriorated in spite of an increase in the government income from taxation, the Opposition spokesman for finance, Charles Mangion said.

Psychic Business Booms During Hard Financial Times
There's watching the markets, and then there's channeling the markets. Dawn Carr is not a financial analyst but a psychic medium, and her business is booming during these tough economic times.

Financial bid date for UP power plant extended again
Apparently faced with disinterested bidders, the Uttar Pradesh government has extended the date for the submission of financial bids for the proposed thermal power plant in Allahabad district to December 15.

China pledges to further open financial services sector
China on Friday pledged to further its open financial services sector and further integrate into global markets. The pledge came at the end of the two-day China-U.S. Strategic Economic Dialogue (SED) in Beijing. "Foreign incorporated banks in China will be allowed to trade bonds in China in the inter-bank market, both for their customers or their own accounts," according to a SED fact sheet ...

Street Capital Financial launches mortgages in Nova Scotia
Street Capital Financial, a Canadian-owned and operated mortgage lender, has officially commenced lending in Nova Scotia as part of its national lending strategy.

Nationwide Financial announces new appointment
US-based Nationwide Financial Services has appointed Cain Hayes to lead its bundled retirement plan services.