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(AFX UK Focus) 2008-11-19 09:06 Halkbank to loan 1.5 bln lira to smaller companies (Interactive Investor)
ANKARA, Nov 19 (Reuters) - Turkish lender Halkbank will loan 1.5 billion lira ($900 million) to small- and medium-sized companies (SMEs) in the coming period, the bank's deputy general manager Sahap Kavcioglu said on Wednesday. He did not specify a period for the loans in the comments, which came a day after Turkey said 350 million lira ($212 million) in cheap credit would be provided to SMEs ...
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Japan Stocks Decline, Led by Financials, on Bad-Loan Concerns (Bloomberg)
Nov. 19 (Bloomberg) -- Japan stocks declined, led by financial companies, on concern the nation's drop into recession will lead to an increase in bad-loan costs.
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(AFX UK Focus) 2008-11-19 10:15 UPDATE 1-Turkey's Halkbank to lend smaller cos 1.5 bln lira (Interactive Investor)
ANKARA, Nov 19 (Reuters) - Turkish state-controlled lender Halkbank will loan 1.5 billion lira ($900 million) to smaller companies (SMEs) over the coming period, the bank's deputy general manager Sahap Kavcioglu said on Wednesday. He gave no specific timeframe for the loans, which were announced a day after Turkey said it would provide 350 million lira in cheap loans to SMEs in response to a ...
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Color of Money Book Club (Washington Post)
Personal finance columnist Michelle Singletary hosted an online discussion with author Laurence Shatkin and editor Sue Pines, the brains behind "150 Recession-Proof Jobs," on Thursday, Nov. 20 at Noon ET.
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Big banks get crushed (CNN Money)
Bank stocks plunged again Thursday with some of the biggest names in the industry falling to their lowest levels in more than a decade. It's anybody guess when the selloff will end.
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Student-loan consolidation choices shrink (Pittsburgh Tribune-Review)
Kari Schoeneweis will face more than $60,000 in student loan debt when she graduates from Carlow University in spring. he plans to do what her older siblings did and consolidate her loans to reduce the monthly payments.
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Putin: Russia will come out stronger from crisis (AP via Yahoo! News)
Russian Prime Minister Vladimir Putin promised Thursday the country would emerge stronger from a world economic crisis he said had been triggered by U.S. recklessness.
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Home builders try to survive in slow market (The Cleveland Plain Dealer)
Lis DeJong/The Plain DealerAbout a half dozen homes in Rysar Properties' Cinema Park development in Warrensville Heights remain unfinished after the company defaulted on a $3 million loan last summer. Since then, the homes have sat vacant and boarded up,...
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Putin promises economic strength; blames crisis on U.S. (International Herald Tribune)
Prime Minister Vladimir Putin of Russia promised Thursday the country would emerge stronger from a world economic crisis he said had been triggered by U.S. recklessness.
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Babcock Shares Slump After Wachovia's Warning on Loan (Update1) (Bloomberg)
Nov. 17 (Bloomberg) -- Babcock & Brown Ltd. , the worst performing stock on the MSCI Asia-Pacific Index this year, fell to a record low in Sydney after Wachovia Corp. said it may seize collateral on a $112 million loan.
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