Banks News Updates



Taiwan Central Bank Keeps Rates at Record-Low 1.25% (Update1) (BusinessWeek)


24 December 2009
Taiwan’s central bank kept its benchmark interest rate at a record low and pledged to monitor property-price inflation, reinforcing forecasts for an increase in borrowing costs next year.

Vietnam Bank to Keep Benchmark Rate at 8% Next Month (Update1) (Bloomberg)


24 December 2009
Dec. 25 (Bloomberg) -- Vietnam’s central bank will keep the benchmark interest rate at a one-year high of 8 percent in January to help strengthen the economy.

Taiwan Bonds Fall, Dollar Rises on Central Bank Economy Remarks (BusinessWeek)


24 December 2009
Taiwan’s five-year government bonds headed for a weekly decline and its currency advanced after the central bank said the economy is improving, reinforcing speculation for an interest-rate increase next year.

ACL Bank Gets Approval for ICBC’s Acquisition, Krungthep Says (Bloomberg)


24 December 2009
Dec. 25 (Bloomberg) -- ACL Bank Pcl received approval from Thailand’s commerce ministry to continue its banking and insurance businesses after Industrial & Commercial Bank of China Ltd. acquires a majority stake in the Thai lender, Krungthep Thurakit reported.

Gunmen kill Israeli in West Bank shooting attack (AP via Yahoo! News)


24 December 2009
Gunmen killed an Israeli man in a shooting attack in the West Bank on Thursday as local attention was focused on Christmas celebrations in nearby Bethlehem.

Palestinian gunmen kill Israeli in West Bank: army (Reuters via Yahoo! News)


24 December 2009
Palestinian gunmen shot dead an Israeli driving his car in the occupied West Bank on Thursday, the army said, calling it a "terror act."...

Israeli killed in West Bank shooting: army (Reuters via Yahoo! News)


24 December 2009
An Israeli was killed on Thursday when his car came under fire in the occupied West Bank, the Israeli military said.

Ground Round changes hands in foreclosure sale - Sioux Falls Argus Leader


24 December 2009
Ground Round changes hands in foreclosure saleSioux Falls Argus LeaderMinnWest Bank of Sioux Falls now owns the Ground Round restaurant, according to the Minnehaha County Sheriff's Office. No third-party bidders came forward ...

China Shares End Down Led By Banks, Brokers On Policy Concerns - Wall Street Journal


24 December 2009
China Shares End Down Led By Banks, Brokers On Policy ConcernsWall Street JournalConcerns over the possibility of tightening measures rose this week after People's Bank of China Gov. Zhou Xiaochuan said Tuesday that China pays close ...and more »...

Le Monde names Brazil's Lula da Silva as “Man of the Year” - MercoPress


24 December 2009
MercoPressLe Monde names Brazil's Lula da Silva as “Man of the Year”MercoPressFrench daily Le Monde named Brazilian President Lula da Silva “Man of the Year” for “personifying a giant”. It is the first time in its history the French ...and more »...

Top HR Issues for H1N1 Defense - PayScale (blog)


24 December 2009
Top HR Issues for H1N1 DefensePayScale (blog)If financially feasible, some employers are blending sick, vacation and holiday allowances into one bank of PTO. If allowed under state law, some are even ...

Culinary members hit hard, so union is helping - Las Vegas Sun


24 December 2009
Culinary members hit hard, so union is helpingLas Vegas SunThe venue wasn't Catholic Charities or a city food bank. It was the Culinary Training Academy. Members of the Culinary Union, the state's largest and most ...

Our View: Retailers need to adapt to a changing market - Cyprus Mail


24 December 2009
Our View: Retailers need to adapt to a changing marketCyprus MailCONGRATULATIONS to Paphos resident Bentick Hinton who showed immense courage in thwarting a bank robbery on Tuesday. His attack on the armed robber was a ...

13th salary spree will not kickstart the economy - Cyprus Mail


24 December 2009
13th salary spree will not kickstart the economyCyprus MailThe concerns expressed by the Governor of the Central Bank of Cyprus about the trajectory of fiscal imbalances together with the issue of the funding of ...