Japan's Nikkei Stock Index Down 5 Percent At Close - International Herald Tribune tokyo : japan's benchmark stock index closed down 5 percent friday with investors dumping stocks after the central bank's smaller-than-expected cut in its key interest rate. the nikkei 225 index lost 452.78 points to close at 8,576.98 points ... www.iht.com
Small Business Lending Plummets In South Florida it's official: the credit crunch is smashing small business. with banks reigning in lending, entrepreneurs are having a harder time than ever to find needed capital. as a result, more are putting off expansion and just scraping by. www.miamiherald.com
Regulators Shut Down Freedom Bank In Florida - Houston Chronicle washington — regulators on friday shut down freedom bank, a small bank located in bradenton, fla. it was the 17th failure this year of a federally insured bank. the federal deposit insurance corp. was appointed receiver of the bank, which had $287 ... www.chron.com
Bank Of Japan Cuts Rates For First Time In 7 Years - International Herald Tribune tokyo : the japanese central bank cut its benchmark interest rate for the first time in seven years on friday, joining earlier moves by the federal reserve and other central banks to soften the brunt of a possible global recession. the bank of japan ... www.iht.com
Bank Of America Declares Series E Preferred Dividend -- Correction - Msn Moneycentral charlotte, n.c. , oct. 31 /prnewswire-firstcall/ -- bank of america corporation today announced the board of directors declared a corrected dividend on the floating rate non-cumulative preferred stock, series e, originally announced on october 2 ... news.moneycentral.msn.com
Small Business Administration Lending Is Down lending through the small business administration's philadelphia office fell 7 percent, to $332 million in the year ended sept. 30 from $356 million a year earlier. www.philly.com
Bank Of Japan Cuts Key Interest Rate - The State tokyo -- the bank of japan cut its key interest rate on friday for the first time in more than seven years, finally joining central banks around the world in trimming borrowing costs to cushion the impact of the global financial crisis. the bank of ... www.thestate.com
Evidence Of A Recession Grows Higher - Detroit Free Press the commerce department reported consumer spending dropped a sharp 0.3% in september while their incomes, the fuel for future spending, managed only a small 0.2% gain. that followed a report a day earlier that the u.s. economy shrank by 0.3% in the ... www.freep.com
Westpac Offers A Helping Hand To Small Business westpac has further extended its support to australia's small businesses, following the federal government's recent small business summit. westpac's group executive retail and business banking peter h www.thaipr.net
George Osborne Urges Bank Of England To Slash Interest Rates - Daily Telegraph his call was echoed by leading economists, who said that a half point cut from 4.5 per cent to 4 is the "bare minimum" needed, with some urging a full point cut. estate agents, business groups and mortgage experts have said policymakers at the bank ... www.telegraph.co.uk
Butte Community Bank Ranked Among Top Business And Industry Lenders In The Nation butte community bank, a subsidiary of community valley bancorp, announced today that it processed the second largest dollar amount of usda business and industry guaranteed loans in california and the second largest number of b&i guaranteed loans in california for the fiscal year ending september 30, 2008. biz.yahoo.com
Spending Drops In September While Incomes Slow - Boston Globe washington— consumer spending dropped in september by the largest amount in four years, while incomes suffered because of hurricane ike. the commerce department reported friday that personal spending fell by 0.3 percent last month, the biggest ... www.boston.com