TOP 100 FINANCIAL SITES
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| German Econ Minister Criticizes Board of IKB, KfW BERLIN (Reuters) - Board members at subprime-hit lender IKBand the state-owned bank which holds a major stake in it failedto carry out necessary supervision, Germany's Economy MinisterMichael Glos was quoted as saying on Tuesday. feeds.reuters.com |
Dollar hits new low versus euro The dollar fell to record low against the euro on Wednesday as new reports provided more evidence of weakness in U.S. economy. U.S. companies shed 23,000 jobs in February, according to the ADP National Employment Report released on ... english.people.com.cn |
China Life Buys Into Visa China Life nearly doubled its net last year, and the insurer said it bought $300 million of shares in Visa's IPO this month. online.wsj.com |
Raiffeisen parent takes 312m euro hit on portfolio VIENNA (Reuters) - Austria's Raiffeisen Zentralbank (RZB),the parent of Raiffeisen International , said onFriday it has taken a 312 million euro ($494 million) hit fromthe financial market crisis. feeds.reuters.com |
Sinopec's slumping profits only keep in black by gov't subsidy China Petroleum and Chemical Corporation (Sinopec), China's largest oil refiner, announced Sunday that its net profits slumped 65.78 percent in the first quarter from the same period of last year, and were only kept in the black by a 7.4 bi ... english.people.com.cn |