China Construction Bank Corp., the nations second-largest lender, said it agreed to form an almost 5 billion yuan ($743 million) debt-to-equity pact with Yunnan Tin Group. The agreement is part of a larger 10-billion yuan framework the two companies signed to cut Yunnan Tins debt ratio, the Beijing-based lender said in a statement on its…
New Delhi: The saffron young turk and one of BJPs leading faces in Uttar Pradesh Varun Gandhi is turning Gandhian for the debt hit farmers. Mr Gandhi has started offering financial help to farmers on the brink of committing suicide. Due to the worsening agrarian crisis in parts of Uttar Pradesh, there had been reports…
ARU CEO Bill Pulver says playing a Wallabies Test in Fiji is a debt Australia owes the Pacific Island nation. The Wallabies have a handful of Fiji-born players in their Test side and Pulver said the country had plenty to thank their neighbours for. New Zealand took a Test to Samoa in recent years, a…
Getting out of debt can be challenging, especially if you have little experience in managing your finances and need support. Using a counseling agency can be a great way to get debt relief. The agency can possibly negotiate reduced interest rates for you to pay back all your unsecured debt. You then make a single monthly…
MoneyTips Getting out of debt can be challenging, especially if you have little experience in managing your finances and need support. Using a counseling agency can be a great way to get debt relief. The agency can possibly negotiate reduced interest rates for you to pay back all your unsecured debt. You then make a…
The Czech minister of justice is putting forward a new amendment to the bankruptcy law aimed at helping people to climb out of debt and make a fresh start. The legislation would make it easier for them to enter the debt relief process and could mean they will be free of debt more quickly than…
ARU CEO Bill Pulver says playing a Wallabies Test in Fiji is a debt Australia owes the Pacific Island nation. The Wallabies have a handful of Fiji-born players in their Test side and Pulver said the country had plenty to thank their neighbours for. New Zealand took a Test to Samoa in recent years, a…
The Isle of Wight Council is looking at ways of funding services in the future. A ‘DEBT repayment holiday’ could help the Isle of Wight Council free-up £40 million over five years and provide a fiscal lifeline at least until the government announces the results of its fair funding review. The future of the authority…
Many people who take out loans to pay off credit cards and other obligations wind up worse off, with more debt and more stress than before they applied. Some people, though, successfully use debt consolidation loans to turn a bad financial situation around. Emilie Burke of Raeford, North Carolina, is doing just that. Burke, a…
* EU policymakers examine sovereign bond-backed security * Author of proposal says central bank could issue bond * Securitised model should soothe German resistance By John Geddie LONDON, Oct 12 A bond backed by a mountain of euro zone government debt accumulated by the European Central Bank in its latest stimulus programme could provide a…