business - "credit"

In Our Daily Show Mike Duran and guests discuss the carbon credit con, the death of a Colombian rebel leader and the Palme d'Or awarded at Cannes

BLAME for the sub-prime crisis lies at the feet of banks who took too many risks in mortgage lending, US billionaire investor Warren Buffett told newspaper El Pais in an interview published overnight.

Blame for the sub-prime crisis lies at the feet of banks who took too many risks in mortgage lending, U.S. billionaire investor Warren Buffett told newspaper El Pais in an interview published on Sunday.

| Could the controversial mortgage industry practice of listing hundreds of local real estate markets as ''declining'' -- and restricting lending through higher down payments or credit scores -- be scrapped?

Lewis Ranieri is credited with inventing mortgage-backed securities two decades ago, and recently he sounded warnings about mortgage risks. Yet he couldn't save his own company from getting tangled in the real estate loan bust. That's alarming - not just for...

A report by credit company Fitch Ratings has found that widely varying inflation rates could threaten a 2010 GCC single currency. The variances could hamper decisions such as settling on an international exchange rate. Recent figures place the UAE inflation rate at close to 11%, on a par with Saudi Arabia, while Bahrain's inflation figures stand at $5.2%.

China has become the world leader in the carbon credit business with a market share of 73% in the volume of credits traded in 2007 as compared to India's 6 per cent, a recently released World Bank report has said.

Despite being hammered by a credit crunch and stock market losses, financial firms were able to pay their chief executives handsomely, documents show.

WHILE expensive bubbly still flows in the champagne bars dotted around the City of London, the hedonism of the pre-credit crunch economic boom is starting to seem a lifetime a

A HOUSING slump across America; a global credit crisis; crashing banks and tumbling house prices; a food price spike, growing fears of recession, and now, just when you though