Germany to get first Islamic bank in October
August 30th, 2012 - 7:54 am ICT by IANS
Berlin, Aug 30 (IANS/RIA Novosti) Turkey's Kuveyt Turk investment fund plans to open the first Islamic bank in Germany in October, the Financial Times Deutschland reported.Kuveyt Turk plans to open ... Read more...
Posted in Business |
Increasing numbers are committing mortgage fraud
August 22nd, 2012 - 8:57 pm ICT by Aishwarya Bhatt
New York, Aug 22 (THAINDIAN NEWS) Mortgages are commonly known to overwork people minds and this is why people are advised to make sure that they consider their financial capabilities while engaging ... Read more...
Posted in Business |
T-Boz sells his Georgia mansion
August 7th, 2012 - 6:15 pm ICT by Aishwarya Bhatt
Georgia, Aug 7 (THAINDIAN NEWS) T-Boz’s is a singer who has been known to have dramatic outcome regarding her abodes. In 2008, she nearly lost her home when she failed top pay ... Read more...
Posted in Entertainment |
Octomom asks for money in her dating profile
August 6th, 2012 - 7:26 pm ICT by Aishwarya Bhatt
New York, Aug 6 (THAINDIAN NEWS) Octomom a mother of 14 children has set a dating profile on the website WhatsYourPrice.com. This is an offer to the unlucky guy who would like ... Read more...
Posted in Entertainment |
Chinese banks may cut mortgage rates
June 11th, 2012 - 8:08 pm ICT by IANS
Beijing, June 11 (IANS) Chinese banks may lower their mortgage rates after the central bank decided to cut its benchmark interest rates last week, a media report said Monday.The Guangdong ... Read more...
Posted in Business |
US house prices flat
March 23rd, 2012 - 2:13 pm ICT by IANS
Washington, March 23 (IANS) US house prices were unchanged in January from the previous month on a seasonally adjusted basis, the US Federal Housing Finance Agency (FHFA) reported Thursday.House prices ... Read more...
Posted in Business |
China places restrictions on foreign property buyers
February 2nd, 2012 - 9:30 pm ICT by IANS
Beijing, Feb 2 (IANS) China will limit mortgages to foreigners buying properties in the country, the China Daily reported Thursday.A notice was recently issued by China's top economic planner the ... Read more...
Posted in Business |
Obama presents mortgage refinancing plan
February 2nd, 2012 - 11:20 am ICT by IANS
Washington, Feb 2 (IANS/EFE) President Barack Obama Wednesday presented a plan to revitalize the US real estate market that would allow millions of homeowners to refinance their mortgages and ... Read more...
Posted in Business |
JPMorgan Chase earnings miss Wall Street expectations
January 14th, 2012 - 1:45 pm ICT by IANS
New York, Jan 14 (IANS) JPMorgan Chase, the biggest bank in the US, reported its fourth quarter earnings Friday, which missed Wall Street expectations.According to the New York based bank, ... Read more...
Posted in Business |
Chinese school steals its teachers’ identities for scam
September 9th, 2011 - 5:21 pm ICT by IANS
Beijing, Sep 9 (IANS) A school in China stole the identities of more than 200 of its teachers and used them to take out mortgages amounting to over $2.8 million.The ... Read more...
Posted in Uncategorized |
Chinese cities see property prices fall
July 18th, 2011 - 4:18 pm ICT by IANS
Beijing, July 18 (IANS) More Chinese cities have reported lower or unchanged property prices in June, which suggests that the government's cooling measures have begun to work, authorities said Monday.Twenty-six ... Read more...
Posted in Business |
Citigroup earns $160 mn from reducing HDFC stake
June 14th, 2011 - 2:08 pm ICT by IANS
Chennai, June 14 (IANS) US based financial services major Citigroup Inc. Tuesday said it had made a pre-tax profit of $160 million after reducing its holding in non-banking finance company ... Read more...
Posted in Business |
Behind the Numbers:Banks Repossess 1Million US Homes in 2010
January 13th, 2011 - 11:33 pm ICT by Angela Kaye Mason
Jan 13 (THAINDIAN NEWS) The headlines have brought the bad news all throughout last year. “Bank repossessions and foreclosure auctions hit new record” has been the theme for many months, and yet ... Read more...
Posted in World News |
Jay Shafer’s Innovation: Tiny Houses
July 18th, 2010 - 7:21 pm ICT by GD
By Gina Gomez
July 18, (THAINDIAN NEWS) The Tiny Houses have become a news trend owing to its Eco friendly nature and cheap expense. Jay Shafer's Tumble Weed Tiny House Company is building ... Read more...
Posted in Environment |
Freddie Mac Urges Homeowners To Refrain From Strategic Default
May 10th, 2010 - 6:25 pm ICT by GD
By Gina Gomez
May 10, (THAINDIAN NEWS) Mortgage issuing firm Freddie Mac has made an appeal to borrowers to keep paying their loans in a recent statement that has been posted in the ... Read more...
Posted in Business |
SEC charges Goldman Sachs with civil fraud
April 16th, 2010 - 10:01 pm ICT by BNO News
NEW YORK (BNO NEWS) -- The U.S. Securities and Exchange Commission (SEC) on Friday charged Goldman, Sachs & Co. and one of its vice presidents for defrauding investors by misstating and omitting ... Read more...
Posted in Business |
‘Octomom’ Nadya Suleman To Appear In “Oprah Winfrey Show”
April 15th, 2010 - 7:14 pm ICT by GD
By Meena Kar
Los Angeles, Apr 15, (THAINDIAN NEWS) It seems that 'Octomom' Nadya Suleman has her hands full of works. The news has been confirmed that 'Octomom' Nadya Suleman is the chosen ... Read more...
Posted in Entertainment |
I never considered myself a maverick: McCain
April 15th, 2010 - 4:32 pm ICT by ANI
Washington, Apr 15(ANI): Arizona Senator John McCain, who built his political persona and his 2008 presidential campaign around the claim that he is a "maverick", has said that he never considered himself ... Read more...
Posted in World |
Fed Predicts Low Rates Will Prevail
March 17th, 2010 - 7:22 pm ICT by GD
By Ranjan Bhaduri
New York, Mar 17, (THAINDIAN NEWS) On Tuesday, the Federal reserve kept its key interest rate close to 0% and said that for some time the rates should remain like ... Read more...
Posted in Business |
Quincy, MA man sentenced for mortgage fraud
February 24th, 2010 - 3:51 pm ICT by BNO News
BOSTON (BNO NEWS) – A Quincy, Massachusetts man was sentenced on Tuesday to three years and six months in prison for one count of wire fraud and one count of money laundering, ... Read more...
Posted in World News |
More than 2,700 Florida homeowners to receive Countrywide checks
February 16th, 2010 - 4:25 am ICT by BNO News
TALLAHASSEE, FLORIDA (BNO NEWS) – More than 2,700 Florida homeowners will receive checks from a 2008 settlement obtained with Countrywide Financial Corporation, U.S. Attorney General Bill McCollum announced on Monday.In July 2008, ... Read more...
Posted in World News |
Britain poised to sell off three nationalised banks
November 1st, 2009 - 11:00 pm ICT by IANS
London, Nov 1 (DPA) The British government is poised to sell off some of the country's struggling banks bailed out and nationalised in the wake of the global financial meltdown, it was ... Read more...
Posted in Business |
Top white lie to shun sex: I’m too tired
September 16th, 2009 - 2:28 pm ICT by ANI
London, Sept 16 (ANI): The humble headache has had its day as far as excuses to avoid sex are concerned, for now the reigning white lie to snub a romp is 'I'm ... Read more...
Posted in Life Style |
Dubai mortgage business crosses $2 bn in Q2
August 24th, 2009 - 11:30 pm ICT by IANS
Dubai, Aug 24 (IANS) The value of mortgages issued in Dubai in the second quarter of 2009 reached $2.17 billion, WAM news agency reported, quoting real estate online information company Reidin.com.
"With more ... Read more...
Posted in Business |
UK junior health minister says MPs’ may go to jail over expenses scam
May 22nd, 2009 - 7:05 pm ICT by ANI
London, May 22 (ANI): Britain's junior Health Minister Ben Bradshaw has said that Members of Parliament accused of abusing the expenses system may go to jail.Bradshaw said any members shown to have ... Read more...
Posted in World |
US mortgage defaults reach record high
March 6th, 2009 - 5:18 am ICT by IANS
Washington, March 6 (DPA) Lenders are taking back homes in the US at a record pace as families can't afford mortgage payments, a industry report said Thursday indicating the country's housing crisis ... Read more...
Posted in World |
Nine in ten Americans says their country is on the wrong track
October 15th, 2008 - 1:16 pm ICT by ANI
New York, Oct.15 (ANI): Nearly nine in ten Americans - a record high - now believe the country is on the wrong track, surpassing the high of 83 percent reached in ... Read more...
Posted in National |
Single-day land transactions in Dubai touch record $140 mn
July 30th, 2008 - 11:16 am ICT by IANS
Dubai, July 30 (IANS) Land transactions in Dubai in a single day have touched a record 515.61 million dirhams ($140.3 million), with sales totalling 224.77 million dirhams ($61.2 million). The total value ... Read more...
Posted in Business |
RBI changes risk weight limit for housing loans
June 17th, 2008 - 8:26 am ICT by IANS
Mumbai, June 16 (IANS) The Reserve Bank of India (RBI) Monday announced changes in its risk weight limits for housing loans doled out by urban cooperative banks (UCB). The risk weight system ... Read more...
Posted in Business |
Spanish villagers share PS158 big Xmas lottery win
December 23rd, 2007 - 6:22 pm ICT by admin
London , Dec 23 (ANI): Life has surely changed for the 45 inhabitants of a remote village in northern Spain after they shared a whopping158 million pounds lottery win.The residents of Molledo ... Read more...
Posted in World |