Business News Headlines- 12-19-9

Posted By admin On 19. December 2009 @ 19:02 In business news, christian news, obama news, blog news, world news, US News, Freedom News | 2 Comments

Business News

From Reuters- GM to shut down Saab, talks with Spyker fail

General Motors Co said it would begin shutting down its money-losing Saab brand after last-ditch talks to sell it to a small Dutch sports car builder collapsed on Friday.

[1] http://www.reuters.com/article/idUSTRE5BH2SZ20091219?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+reuters/businessNews+(News+/+US+/+Business+News)

From Sky News- US dollar gains on hopes for rate hike

The euro dropped below $US1.43 for the first time since early September on Friday amid ongoing concerns about European banks and public finances and increasing expectations the Federal Reserve will hike interest rates in the first half of the year.

[2] http://www.skynews.com.au/business/article.aspx?id=408323

From Newser-Lenders Loosening Up on Mortgage Down-Payments

Mortgage lenders and insurers, buoyed by improvement in the housing market, are relaxing their down-payment requirements. Wells Fargo, which has been requiring down payments of more than 20%, is lowering the bar for the first time since 2007.

[3] http://www.newser.com/story/76553/lenders-loosening-up-on-mortgage-down-payments.html?utm_source=syn&utm_medium=rss&utm_campaign=bus

FROM LA TIMES- First Federal Bank of California and Imperial Capital Bank of La Jolla closed

Both are sold immediately to other Southern California institutions. Regulators have closed 140 U.S. banks this year, 16 in California.

[4] http://latimes.com

From Bloomberg- New Global Role Ahead for Chinese Yuan

As the dollar and euro face new pressures, Hong Kong’s former central bank chief Joseph Yam calls for a strengthened role for the Chinese yuan

Hong Kong’s former central bank chief Joseph Yam said that the yuan can become the “third pillar” of the global monetary system as deteriorating public finances erode confidence in the dollar and the euro.

[5] http://bloomberg.com

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URL to article: http://blog.freedomist.info/2009/12/19/business-news-headlines-12-19-9/

URLs in this post:
[1] http://www.reuters.com/article/idUSTRE5BH2SZ20091219?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+reuters/businessNews+(News+/+US+/+Business+News): http://www.reuters.com/article/idUSTRE5BH2SZ20091219?feedType=RSS&feedName=b
usinessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+reuters/businessNews+(News+/+US+/+Business+News)
[2] http://www.skynews.com.au/business/article.aspx?id=408323: http://www.skynews.com.au/business/article.aspx?id=408323
[3] http://www.newser.com/story/76553/lenders-loosening-up-on-mortgage-down-payments.html?utm_source=syn&utm_medium=rss&utm_campaign=bus: http://www.newser.com/story/76553/lenders-loosening-up-on-mortgage-down-payments
.html?utm_source=syn&utm_medium=rss&utm_campaign=bus
[4] http://latimes.com: http://latimes.com/
[5] http://bloomberg.com: http://bloomberg.com/
[6] http://bit.ly/5PjBqL: http://bit.ly/5PjBqL
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[8] #duplicator: http://twitter.com/search?q=%23duplicator
[9] #church: http://twitter.com/search?q=%23church
[10] #tech: http://twitter.com/search?q=%23tech
[11] #Christian: http://twitter.com/search?q=%23Christian
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