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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

China forex reserves fall in February - The Age
Seattle Post IntelligencerChina forex reserves fall in FebruaryThe Age, AustraliaChina's forex reserves, the largest in the world, fell to 1.9121 trillion US dollars at the end of February, from 1.9135 trillion a month earlier, the central bank announced Saturday. This story is sourced direct from an overseas news agency as an ...China says forex reserves rise 16 Brisbane TimesDATA SNAP: China End-Mar M2 25.51, As New Yuan Loans Jump Wall Street JournalChinas Currency Reserves Rise Least in Eight Years BloombergThe Associated Press - The Ageall 198 news articles
Info 5000

Rusal appoints state representative to board
A Russian state representative has been appointed to the board of Oleg Deripaska's UC Rusal, increasing the government's muscle over the indebted aluminium group after it granted it a $4.5bn bail-out loan last year
FT

N.C. shuts down Cape Fear Bank; FDIC brokers sale of assets
The troubled and tumultuous journey of Cape Fear Bank came to a sudden end Friday when the North Carolina Commissioner of Banks' office closed down the Wilmington lender and the Federal Deposit Insurance Corp. arranged a sale of the bank's assets to the First Federal Savings and Loan Association of Charleston, S.C.
Biz Journal

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

Dubai World sets new plan to save Las Vegas CityCenter--WSJ
SAN FRANCISCO (MarketWatch) -- Dubai World, MGM Mirage's partner in the $8.6 billion Las Vegas CityCenter development, has proposed the troubled project's investors agree to fund it through completion, the Wall Street Journal reported Friday. Details of the plan were not immediately available, but according to people familiar with it, it calls for Dubai World, MGM Mirage and bank lenders to commit to providing the estimated $3 billion needed to finish the project. Such a move could result in banks dropping an earlier agreement to back a $1.8 billion emergency loan only if MGM Mirage and Dubai World increased their own cash contributions to the massive 67-acre hotel, condominium, shopping mall and casino project. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Market Watch

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

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

Cape Fear Bank of Wilmington, N.C. fails; 22nd of year
SAN FRANCISCO (MarketWatch) -- Cape Fear Bank of Wilmington, N.C., became the 22nd bank failure of 2009 and the 47th of the recession, according to the Federal Deposit Insurance Corp. on Friday. First Federal Savings and Loan Association of Charleston, S.C., will assume all of the deposits of the bank. As of March 31, Cape Fear Bank had total assets of about $492 million and total deposits of $403 million. Cape Fear Bank's eight offices will reopen Monday as branches of First Federal, the FDIC said.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Market Watch

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

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Archived "business - small business loans" news stories.

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