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Lawyers say lenders set stage to collect on
A "short sale" might not be the end of a homeowner's problems.The practice, which has exploded in popularity as homeowners struggle to pay their mortgages, is supposed to allow a borrower to sell a ho...
Big News Network

`What can I do if there are no rains?`
After regaining the mandate in the Assembly elections five months ago, you are facing voters again after such a short period.
Business Standard

S Africa`s ANC wins national election
The African National Congress on Saturday fell just short of a commanding two-thirds majority even as South Africans granted the former liberation movement a renewed mandate to guide the continent's biggest economy through tough times
FT

ICICI reports 35% drop in quarterly profit
SAN FRANCISCO (MarketWatch) -- ICICI Bank Ltd. on Saturday reported fourth-quarter profit fell 35% from the year-earlier period, hurt by bad loans and a slowdown in lending. India's largest private bank by assets reported net income of 7.44 billion rupees ($149 million) in the three months ended March 31 compared with 11.5 billion rupees in the same quarter a year ago. It's only the second time in the past six years that the bank has posted a fall in profit, reports 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

ANC is denied two-thirds majority
The ruling African National Congress wins South Africa's elections though it falls short of its previous two-thirds majority.
BBC

IMF head says it will sell bonds to raise funds
The head of the International Monetary Fund says the organization will sell bonds to raise funds to lend to struggling nations in a victory for developing countries. Emerging economies such as China, Brazil and India pushed for the move as an alternative to... Presented By:You Need the Speed of Norton 2009Introducing the revolutionary Norton Internet Security 2009. With a one-click, one-minute install, under 7MB of memory usage and fewer, shorter scans, it?s the fastest security suite anywhere. Get your FREE trial today!Click to Learn More www.norton.com/speed Ads by Pheedo
SF Gate

ANC wins South Africa elections but misses two-thirds majority
South Africa's ruling African National Congress (ANC) won the country's election with a decisive majority, according to results Saturday - but fell short of the two-thirds majority it had been batting for.
Big News Network

EUR/JPY Weekly Outlook
EUR/JPY dived further to as low as 126.07 initially last week and turned into consolidation since then. While some more consolidation cannot be ruled out, upside should be limited below 130.96 resistance and short term outlook remains bearish. As discussed before, whole rally from 112.10 should have completed at 137.38...
Action Forex

Pakistan military prepares to block Taliban expansion
Pakistan's security services including its army were preparing to be deployed at short notice to use force and block any attempt by Taliban militants to spread beyond the country's northern Swat valley, a senior government official said
Financial Times

Quotes from Obama`s first 100 days
Quotes from President Barack Obama during his first 100 days in office. ___ 'Today I say to you that the challenges we face are real. They are serious and they are many. They will not be met easily or in a short span of time. But know this, America _ they...
SF Gate

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