Banks supportive of industry restructuring of non-bank asset-backed commercial paper market
Home builders in the United States slowed groundbreakings during July, pulling construction to its lowest rate in 10 years as sales keep tumbling and credit tightens.Housing starts decreased by 6.1% to a seasonally adjusted 1.381 million annual rate, after rising 2.1% in June to 1.470 million, the U.S. Commerce Department said today.July starts were lower […]
Investors focus on bonds and money market instruments
Short-term, third-party, asset-backed commercial paper to be converted into floating-rate notes
Technology companies leading the way
For many office workers, retirement won’t mean an end to their careers. Only one in three workers (34%) polled said they plan to quit work entirely once they’re ready to retire from full-time employment, according to a survey released today.The survey was developed by Robert Half Management Resources, a provider of senior-level accounting and finance […]
Unitholders approve mandate change
U.S. housing starts hit 10-year low
Selling pressure is more about fear than reality, economist says
Derivatives market to launch in March 2009