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Barclays faces tough questions over iShares
Barclays is likely to face more tough questions from shareholders over its decision to sell iShares after the buyer, CVC Capital Partners, said it would look to float the exchange-traded funds business
FT

Obama sees economic `glimmers of hope`
President Barack Obama sees 'glimmers of hope' in the US economy, citing a pick-up in lending to small businesses and lower mortgage rates as signs that the country is weathering the financial crisis
FT

White House sees recovery on the horizon
President Obama said Friday that the economy is showing "glimmers of hope" with help from increased lending to the nation''s small businesses. The president noted that Small Business Administration has increased by 20 percent in recent months, which should help ease the effects of the...
NASDAQ

Tribune faces Labor Dept. probe
Business News: Feds scrutinizing employee ownership plan -- Tribune Co. is now facing more scrutiny from the feds, this time for the complex employee stock ownership plan that was the key to financing Sam Zell's 2007 takeover of the newspaper and TV station owner.
Variety

Fremont Bank lends $800 million in home mortgages - San Jose Business Journal
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Big News Network

Developing Asia to slow to Asian crisis levels
Developing Asia's economic growth will slow in 2009 to its most sluggish pace since the 1997/1998 Asian financial crisis, the Asian Development Bank (ADB) says in a new major report.
India Gazette

Midlands braced for jobs cull as car industry pain rolls on
Thousands more workers in the West Midlands car industry face redundancy, despite government attempts to free up finance for cash-strapped businesses. Some 50,000 people work in the automotive sector...
BBC

Bank of America Corp. refinances mortgages under Treasury plan - Birmingham Business Journal
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Big News Network

Chamber blogs about China visit
Members and staff of the Portland Business Alliance, Portland's chamber of commerce, have started a blog detailing their trade mission to China.
Biz Journal

Barclays sells iShares to CVC
Barclays has agreed to sell its iShares asset management business to private equity firm CVC Capital Partners for 3 billion pounds, but kept the right to hunt for a better deal for two months.
tiscali.co.uk

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Archived "business - from business asia" news stories.

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September 2009
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