49296 results returned for search: "" category ("Other" AND "Business")
LOS ANGELES (AP) — A record number of US homes were lost to foreclosure in the first three months of this year, a sign banks are starting to wade through the backlog of troubled home loans at a faster pace, according to a new report.
RealtyTrac Inc. ...
DATE: Apr 16, 2010
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TOKYO (Reuters) – Japan Post Insurance will invest $3.2 billion more in regional and corporate bonds this financial year than last and plans to pick up domestic stocks to win higher returns, a senior company official said yesterday.
State-owned Japan...
DATE: Apr 16, 2010
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Finance Minister Paula Cox told an insurance industry audience that Government and the private sector had to work together to achieve a fulfilling relationship for the Bermuda insurance market to continue to thrive.
Speaking at a fundraising receptio...
DATE: Apr 16, 2010
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AUTHOR:
Jonathan Kent
The soft market shows few signs of loosening its grip on commercial insurance pricing, according to the RIMS Benchmark Survey.
The survey, which was conducted by Advisen Ltd., revealed that average premiums in every line fell during the first quarter...
DATE: Apr 16, 2010
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NEW YORK (Reuters) – Credit card delinquency rates fell last month at major US lenders, including Bank of America Corp and JPMorgan Chase & Co, in the latest sign that Americans are starting to climb out of the recession.
On the downside, credit loss...
DATE: Apr 16, 2010
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McLEAN, Virginia (AP) — Rates for long-term mortgages dropped this week but still remained above five percent, Freddie Mac said yesterday.
The average rate on a 30-year fixed rate mortgage was 5.07 percent this week, down from 5.21 percent a week ear...
DATE: Apr 16, 2010
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Seven insurance companies were set up in Bermuda last month - the highest number so far this year, according to the latest figures from the Bermuda Monetary Authority (BMA).
The BMA's Monthly Registration Statistics showed that five insurers, one bro...
DATE: Apr 16, 2010
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WASHINGTON — The number of newly laid off people signing up for unemployment benefits rose sharply for the second straight week, suggesting that jobs are still hard to come by even as the economic recovery gains traction.
The Labour Department report...
DATE: Apr 16, 2010
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The listing committee of the Bermuda Stock Exchange (BSX) has approved the secondary listing of up to 4,999,000 shares of the Highfield Fund Ltd.
The primary listing for the Highfield Fund is on the Irish Stock Exchange.
The fund was incorporated in ...
DATE: Apr 16, 2010
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NEW YORK (Reuters) – Seven former US clients of UBS AG were charged with filing false tax returns, collectively hiding more than $100 million held offshore in Swiss accounts.
They are the latest in a slew of cases the government has brought against f...
DATE: Apr 16, 2010
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