TORONTO (Reuters) – Canada will follow the United States by providing C$4 billion ($3.3 billion) in emergency loans to the Canadian arms of Detroit’s ailing automakers to keep them operating while they restructure their businesses, Prime Minister Stephen Harper said on Saturday.
(Taiwan News) The number of internet users in Taiwan reached a record high of nearly 14 million in the year 2008, a 0.7 million increase over last year, according to a new survey on Taiwan’s digital divide revealed by the cabinet-level Research,
In case you missed them, here are the top 10 Personal Finance stories from MarketWatch for the week of Dec. 15-19: How Madoff cost my family a job, a 401(k) and a worthy cause For much of my life, the name Bernie Madoff has meant nothing to me. Now,
According to the Post-Dispatch, the company had no hint of trouble until Madoff, a former chairman of the NASDAQ stock exchange, was arrested last week and charged with running a gigantic Ponzi scheme, in which money from new investors was used to pay
While action provides consumer credit relief and more intervention is likely to occur next year, the current implementation date for consumer assistance is July of 2010. Recent financial institution changes to credit practices present ongoing challenges.
An ICI news release said its study of records on 22.5 million participant accounts found that, despite the decline in account balances caused by the 40% decline in stock market values, the vast majority of savers are not transferring their assets. ICI