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Foreign debt breaks $500 billion mark

October 11, 2010 by · Leave a Comment 

China’s foreign or external debt broke the $500 billion mark for the first time this year, indicating a revitalization of trade activity, according to figures released by the State Administration of Foreign Exchange Saturday.

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Foreign debt breaks $500 billion mark

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Credit union gets new name, main office

October 10, 2010 by · Leave a Comment 

HealthCom Federal Credit Union, currently known as HMC Community Federal Credit Union, is changing to its new name to coincide with the opening of its new main office which is set for the end of this year.

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Credit union gets new name, main office

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Credit Agricole Sells A$900 Million of Kangaroo Bonds

October 8, 2010 by · Leave a Comment 

Credit Agricole SA , France’s third- largest bank by market value, raised A$900 million ($884 million) in its first issue of kangaroo bonds, helping push sales of the securities this year to a record.

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Credit Agricole Sells A$900 Million of Kangaroo Bonds

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Credit-card reform has hurt small businesses

September 26, 2010 by · Leave a Comment 

SACRAMENTO, Calif. — Consumers may be cheering the new credit-card protections that Congress enacted this year. But if you’re a small business, your plastic likely has been a big pain in the wallet.

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Credit-card reform has hurt small businesses

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Debt on the rise

September 23, 2010 by · Leave a Comment 

23 September 2010 Kiwis’ average debt is on the rise. The Federation of Family Budgeting Services has released statistics for the year to June. They show the average New Zealander seeking budget advice has more than $30,000 of debt.

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Debt on the rise

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Microsoft sells debt at record U.S. low rate

September 22, 2010 by · Leave a Comment 

Microsoft Corp on Wednesday sold $4.75 billion in new debt, some of it at the lowest U.S. corporate borrowing rate on record, as the world’s largest software company takes advantage of low interest rates to raise cash.

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Microsoft sells debt at record U.S. low rate

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Corporate Debt Now Less Default-y!

September 22, 2010 by · Leave a Comment 

Corporate debt levels are improving to levels not seen since before September 2008, Moody’s says. The question is whether it will last.

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Corporate Debt Now Less Default-y!

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Business debt falls

September 22, 2010 by · Leave a Comment 

Debt collector Baycorp said the slight fall in business debt this year is a sign Kiwi companies are becoming smarter with their credit management.

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Business debt falls

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Debt keeps RP bonds off investment grade

September 21, 2010 by · Leave a Comment 

Despite its better-than-expected macroeconomic environment in the first half of the year, the Philippines failed to secure investment grade ratings for its bond sale and exchange program because of its high level of public sector debt and low tax take.

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Debt keeps RP bonds off investment grade

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Govt debt keeps RP bond issue below invesment grade

September 21, 2010 by · Leave a Comment 

Despite its better-than-expected macroeconomic environment in the first half of the year, the Philippines failed to secure investment grade ratings for its bond sale and exchange program because of its high level of public sector debt and low tax take.

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Govt debt keeps RP bond issue below invesment grade

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