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Saturday, 04 July 2009
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Singapore Property & Finance News

  • BT offers holidays for pay cuts

    BT offers staff the chance of long holidays in return for a big pay cut in a bid to reduce costs during the economic downturn.

  • Rogue trades cost oil broker $10m

    A rogue trader at a London-based oil brokerage causes his employer to lose $10m (£6m) after making unauthorised trades.

  • BA to cut spending by one fifth

    British Airways says it is to reduce capital spending by 20% as it faces falling passenger numbers.

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Debt, Free Credit Card Survival Guide

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  • The last of the general stores - Austin American-Statesman

    Carol Michalk is taping up an Alpo dog-food box that she is using as a mailing container. Doug Michalk, her brother, walks in to see what she's doing. "It's Mrs. Waugh's Skin So Soft," she says. He briefly inquires why she doesn't just drive the Avon ...

  • Pros and Cons of Debt Management Companies - ABC2 News

    I am confused on how some debt management companies claim that they can take at least 40 percent to 60 percent of the credit card debt that you owe, and some companies will only lower interest rates. Your credit cards are inactivated with either ...

  • Keep the clients’ finances in check - Times Online

    Doing business in the downturn is becoming increasingly fraught for small firms as customers settle invoices later, bad debts soar and credit insurers cut back the cover they are willing to provide. With insolvencies rising every day it can be a real ...

  • From 'bankrupt' to 'home owner' - ABC2 News

    I am a single, 47-year-old female in the process of repairing my credit. I have bankruptcy in my history, from about five or six years ago. I have a 403(b) for retirement planning, but no savings. I make about $90,000 a year, and I continue to pay ...

  • The Salvation Army in Plano opens cooling station to provide relief ... - Star Community Newspapers

    Monday’s quick rain showers only brought temporary relief from the sweltering heat of a North Texas summer. As the temperatures drive back up toward the triple digits, the Salvation Army in Plano is opening a cooling station, which will help ...

  • Hail the man who argues Britain should stop worrying about its debt - The Guardian

    Economics is a discipline for quiet times. The profession, it turns out, may be quite good at understanding the day-to-day routines of normally functioning market economies, but it did not see the credit crunch and Great Recession coming, and even ...

  • Scud fails to pay debt as house passed in - Brisbane Times

    FORMER tennis ace Mark Philippoussis had a setback yesterday in his fight to pay more than $1.3 million in debts when his Melbourne home failed to sell at auction. The five-bedroom Williamstown townhouse attracted only three bids and was passed in at ...

  • Tropicana emerges from bankruptcy with new owners - KVBC

    Tropicana Las Vegas has emerged from Chapter 11 bankruptcy with new owners. Toronto-based Onex Corporation and former MGM Mirage President Alex Yemenidjian acquired a majority stake in the Las Vegas hotel-casino this week, as it completed its ...

  • Recovery hopes are boosted as services sector picks up momentum - Times Online

    Hopes that the economy is firmly on course to emerge from recession were given another boost yesterday when a key survey found renewed expansion in the crucial services sector for a second consecutive month. Overall activity among services businesses ...

  • Size up your chances before the recovery - Scotsman.com

    WHAT will the UK economy look like at the end of the recession? Where are the growth sectors in the next cycle? Answers to these questions will be important for a variety of people: investors looking for the best home for their capital, central ...



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  • Business Update: Rogue oil trader

    Jul 03 - A spike in world oil prices is being blamed on the actions of a rogue trader, Magna edges forward to Opel deal, Siemens gets World Bank bribery ban.


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