FINWIRE®

Rural And Semi-urban India Will Account For 58.33% Of Insurance Sector By 2010

Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report which finds that rural and semi-urban India is expected to account for 58.33% of the insurance sector by 2010.

Rural India to Keep Banking Sector in Exponential Phase Says RNCOS

The rural Indian banking sector has a huge potential that can help the overall banking industry to grow at a much faster pace, says a new report by RNCOS.

China’s Top Priorities in 2008 – Reduce Economic Overheating and Curb Inflation

“China’s Economy in 2007/2008: Coping with Problems of Runaway Growth”, Professor John Wong - The Chinese Government has declared reducing economic overheating and curbing inflation as its top priorities for 2008.

Spanish resale properties sold to foreigners drop by almost 18%

The latest Spanish Ministry of Housing (MVIV) figures published at Kyero.com, reveal that the number of property resale transactions to foreign buyers actually fell by almost 18% from Q2 2006 to Q2 2007, from 21,628 to 17,815.

Citigroup to Cut Dividend For Purchase of Washington Mutual?

Investment banks have been hammered by the subprime crisis with delinquent home loans. Citigroup since 1998, decided to expand their banking business into the investment banking gladiator arena.

More than half of credit card customers pay zero interest

More than half of credit card customers pay off their credit card balance in full each month, thereby reaping the benefits of paying by credit card whilst avoiding paying any interest, according to new research from Fairinvestment.co.uk.

Clearstream launches its new generation of processing environment

Clearstream has successfully launched, on 10th March, its new generation of post trade infrastructure processing environment, delivering real-time transaction processing across the full instruction life cycle throughout the daytime settlement period.

UBS proposes David Sidwell for election to Board of Directors

At its Annual General Meeting on 23 April 2008 the UBS Board of Directors will propose David Sidwell for election to the board as a non-executive member.

TSX Group’s Interim Co-CEO calls for national carbon market with full engagement of emitters

TSX Group Inc. Interim Co-CEO Rik Parkhill says TSX Group believes that a national emissions market that allows the price of carbon to vary with market conditions is the best solution for Canada.