http://marketpublishers.com/lists/news_28.html Business, Finance & Insurance news en-us 2008-08-29 05:43:18 GMT 2008-08-29 05:43:18 GMT http://marketpublishers.com/lists/3434/news.html China's main share index climbed by almost 8% on Wednesday on reports that the government is set to intervene to revive investor confidence. The Shanghai Composite Index closed at 2,523.3 after reports that the government will pump as... 20.08.2008 http://marketpublishers.com/lists/3395/news.html American International Group (AIG) has reported a another quarterly loss as profits were wiped out by writedowns on mortgage-related investments. For the April to June period, the world's biggest insurer incurred a net loss of $5.36bn... 07.08.2008 http://marketpublishers.com/lists/3389/news.html LONDON - European stocks traded slightly lower Monday afternoon, after lackluster earnings from financial firms HSBC and Fortis kicked off the reporting season for the banking sector. Shares of HSBC were down 1.2%, to 827.25 pence ($16.26),... 04.08.2008 http://marketpublishers.com/lists/3371/news.html China plans to give insurance firms more investment options, the industry watchdog said on Tuesday, as it disclosed that insurers still hold nearly 80 percent of their assets in bonds and bank deposits. Beijing has been cautiously allowing... 29.07.2008 http://marketpublishers.com/lists/3365/news.html Overall credit quality in Western Europe deteriorated in the second quarter of 2008 amid fragile market conditions, Moody's said in a report on Monday. The ratings agency downgraded 41 issuers in Western Europe and upgraded 12 -- the worst... 28.07.2008 http://marketpublishers.com/lists/3364/news.html Average house prices in England are set to rise by 25% by 2013, a National Housing Federation report says. It sees prices falling 4.4% in 2008, 2.1% lower in 2009, recovering by 2010 and rising at over 9% in 2012 and 2013. People... 28.07.2008 http://marketpublishers.com/lists/3352/news.html The pound edged lower versus the dollar on Thursday as investors looked to retail sales data for clues on the likely direction of the next move from a Bank of England torn between slowing growth and rising inflation. The previous day,... 24.07.2008 http://marketpublishers.com/lists/3337/news.html Even with the drop, banking giant is latest to do better than Wall Street expected. Other news: Newly-acquired Countrywide lost $2.3B in quarter. Bank of America became the latest bank to report better-than-expected earnings, even as it... 21.07.2008 http://marketpublishers.com/lists/3319/news.html China's banking regulator told policy makers that forcing banks to increase reserves has hurt the industry's ability to repay debt, according to a person with knowledge of the matter. The People's Bank of China raised its reserve ratio... 17.07.2008 http://marketpublishers.com/lists/3307/news.html There are fresh signs of a slowing UK economy with the number of companies warning their profits would be lower than expected at a seven-year high, reported The BBC. There were 98 profit warnings from UK-listed companies in the three months... 14.07.2008 http://marketpublishers.com/lists/3292/news.html There will be an oversupply of Dubai property leading to a fall in prices if current planned projects are delivered on time, Fitch Ratings Ltd. Said, reported The Bloomberg. There is a ``prospect of oversupply if current delivery plans are... 09.07.2008 http://marketpublishers.com/lists/3287/news.html The Federal Reserve may extend into next year a facility that gives investment banks access to emergency cash if the financial turmoil persists, reported The BBC. The lending facility was put in place in March to stabilise the financial... 09.07.2008 http://marketpublishers.com/lists/3282/news.html A recovery in the mortgage squeeze is still "some way away", according to the Council of Mortgage Lenders (CML), reported The BBC. The comment came as CML figures showed the number of loans for home purchases remained low in May... 08.07.2008 http://marketpublishers.com/lists/3281/news.html The UK is facing a serious risk of recession within months, the findings of a survey of almost 5,000 small, medium and large businesses suggest, reported The BBC. The British Chambers of Commerce's (BCC) quarterly report found the credit... 08.07.2008 http://marketpublishers.com/lists/3271/news.html European insurance stocks offer ``strong value'' after a decline in share prices and an increase in dividends, JPMorgan Chase & Co. said, reported The Bloomberg. ``The sector offers substantial value if it can hold its dividend and cash... 05.07.2008 http://marketpublishers.com/lists/3268/news.html Bradford & Bingley has confirmed that its plan to raise £400m has been rescued by a group of UK investors, reported The BBC. B&B's plans were put into doubt after US private equity firm Texas Pacific Group (TPG) walked out on... 05.07.2008 http://marketpublishers.com/lists/3262/news.html UK business confidence has fallen to its lowest level since 1992 in June, according to BDO Stoy Hayward, reported The BBC. Its Business Trends Report showed confidence about the next three months fell to 97.7 in June from 98.3 in May. ... 02.07.2008 http://marketpublishers.com/lists/3260/news.html A German company which helps Zimbabwe supply its banknotes has become the latest firm to end links amid outrage over the situation in the country, reported The BBC. Giesecke & Devrient said it would stop providing paper for banknotes... 02.07.2008 http://marketpublishers.com/lists/3257/news.html U.K. house prices fell in June by the most since the end of the last recession as banks starved the property market of loans, Nationwide Building Society said, reported The Bloomberg. The price of an average home declined 6.3 percent from a... 01.07.2008 http://marketpublishers.com/lists/3251/news.html Lehman Brothers Holdings Inc., Bank of America Corp. and Barclays Capital are telling investors to sell some of their holdings of investment-grade corporate bonds in anticipation the debt will slump for a second straight year as the economy... 30.06.2008