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Reliance Capital to launch Islamic finance funds in Malaysia (Nasdaq)
(RTTNews) - Anil Ambani-promoted Reliance Capital has been given approval to commence asset management operations in Malaysia, media reports said. The report said the company expects to set up Islamic finance funds in the next 6-8 months.
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New Zealand's Hanover Finance Proposes Five-Year Repayment Plan (Bloomberg)
Nov. 20 (Bloomberg) -- Hanover Finance Ltd., a New Zealand lender to property developers which froze payments to investors in July, is proposing a five-year recovery plan that will allow full repayment to depositors.
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G.E. Plans $2 Billion in Cuts at Finance Arm Next Year (New York Times)
General Electric said on Tuesday it planned to cut costs by $2 billion next year at its finance arm, GE Capital, which has dragged lower the U.S. conglomerate’s results as a result of the global credit crunch.
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Finance Bill may include new moves (RTÉ News)
The Finance Bill, which gives effect to changes announced in the Budget, is due to be published this afternoon. It is expected to amend some of the measures announced in the Budget and it may also include new elements to deal with the worsening economic downturn.
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At IIM-A, finance still rules with 32% placement (Business Standard India)
Despite the global financial crisis, finance continued to rule the roost at the summer placements of the Indian Institute of Management-Ahmedabad (IIM-A). Although a far cry from the 51.3 per cent last year, the sector saw the highest percentage of acceptance at 32 per cent this year.
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Banking, finance, energy sectors Kuwait's top employers (MENAFN)
Banking, finance, energy sectors Kuwait's top employers
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(AFX UK Focus) 2008-11-20 08:33 Market Chatter -- Corporate finance press digest (Interactive Investor)
LONDON, Nov 20 (Reuters) - The following corporate finance-related stories involving U.S. and European companies were reported by media on Thursday: * Administrators have pulled the plug on the proposed sale of fitness and sports club operator Esporta after failing to reach an agreement with possible buyers over price, the Financial Times reported. David Lloyd Leisure had wanted to buy the ...
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School Finance 101; What do they do with the money? (Friendswood Journal)
EDITOR’S NOTE: This is the fourth in a series of articles by Friendswood ISD’s Alison Rendon detailing school finance.
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Creek ISD looks at school finance (Friendswood Journal)
The Clear Creek Independent School District will host two informational meetings on Nov. 11 and 13 in effort to educate parents and community members of the affects that House Bill 1, the public school finance bill, has had on the District’s ability to keep pace with student needs and growth in the Clear Lake Area.
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EU fund to finance projects in less developed areas (Business Times (Malaysia))
THE European Union (EU) is extending an e8 million (RM36 million) programme to Malaysia to finance economic projects in less developed areas such as agriculture, environment and human capital development next year.
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