Xorte. World news

Home › News › All articles

Small and Mid-sized Businesses are Turning to Alternative Business Financing for Growth Capital

added: 15-07-2009

As the nation’s small and mid-sized businesses continue to bear the brunt of the credit squeeze, many are turning to alternative sources of business financing. New data shows that quarter-over-quarter, more businesses across more industries are selling receivables to fund their growth of their business in these challenging economic times.

Retirees Worry About Financial Security

added: 15-07-2009

The number of retirees who say they are worried about financial security has more than doubled in the past year, and many are tightening budgets or seeking professional financial advice. Forty-nine percent of retirees said they felt less secure than when they first entered retirement, compared with 20 percent who said so last year.

Slight Growth in UK Online Recruitment in June, According to Monster Employment Index

added: 15-07-2009

The Monster Employment Index UK grew by one point (one percent) in June, showing some recovery from the three point (two percent) dip in May. The recent flatness in online job availability indicates that demand for workers has stabilised following last year’s dramatic fall. While the Index has dropped a sizeable 67 points (38 percent) year-on-year, the pace of deterioration has remained largely steady since February.

30-year Fixed Rates Continue Month-Long Decline

added: 15-07-2009

The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for 30-year fixed mortgages decreased last week to 5.26 percent, down from 5.40 percent the week prior, according to the Zillow Mortgage Rate Monitor, compiled by leading real estate Web site Zillow.com®. Meanwhile, rates for 15-year fixed mortgages fell to 4.65 percent from 4.79 percent, and 5-1 adjustable rate mortgages also fell to 4.30 percent, down from 4.49 the week prior.

Industrial Production up by 0.5% in Euro Area in May 2009

added: 14-07-2009

In May 2009 compared with April 2009, seasonally adjusted industrial production grew by 0.5% in the euro area (EA16) and by 0.1% in the EU27. In April production fell by 1.4% and 0.8% respectively. In May 2009 compared with May 2008, industrial production declined by 17.0% in the euro area and by 15.9% in the EU27.

Regulatory Failures Show Clear Need for an Agency Dedicated to Common-Sense Financial Protections for Consumers

added: 14-07-2009

A new policy brief by the Center for Responsible Lending chronicles the repeated failure of federal bank regulators over the years to rein in irresponsible lending practices. Example after example of regulatory delay or inaction demonstrates the need for a stand-alone, independent regulator focused solely on ensuring basic, common-sense safeguards for consumers.

Remittance Flows to Developing Countries to Decline By 7.3% in 2009, Predicts World Bank

added: 14-07-2009

Remittance flows to developing countries are expected to be $304 billion in 2009, down from an estimated $328 billion in 2008, said the World Bank.

Consumers Feeling the Pinch of New Banking Fees

added: 14-07-2009

Data from the federal government estimates that U.S. banks will collect more than $38 billion in fees this year from consumers who overdraw their checking accounts. Banks will collect billions more from other account penalties, including credit card late fees. Moebs Services, which collected the information, reports that the average overdraft fee has risen to $27.50 this year, up from $25 last year. A 2008 study from the Federal Deposit Insurance Corp. found that insufficient funds and overdraft fees account for 74 percent of consumer bank service charges.

Financial Trust Index: 21 Percent of Americans Trust the Financial System

added: 14-07-2009

A sense of optimism and a reduction in fear and anger toward America's financial institutions mark the latest findings in the Chicago Booth/Kellogg School Financial Trust Index. According to the report, trust in financial institutions has gone up slightly in the last three months, especially toward banks and government intervention in financial markets.

China: Operation of the National Real Estate Market from January to June 2009

added: 14-07-2009

From January to June, the total investment in real estate development amounted to 1,450.5 billion yuan, up by 9.9 percent year-on-year, and went up 3.1 percentage points over first five months, while that of a decrease of 23.6 percentage points over same period of previous year. Of which, investment in commercial residential buildings reached 1,018.9 billion yuan, 7.3 percent of increase year-on-year, picking up 3.1 percentage points over first five months, or 29.3 percentage points dropped over same period of previous year, which occupied 70.2 percent of the investment in real estate development.

Sites : [409] [410] [411] [412] [413] [414] [415] [416] [417] [418] [419] [420] [421] [422] [423] [424] [425] [426] [427] [428] next »

Menu

Home › News › All articles