National News

UK Business In Kurdistan - Rudaw

Financial News - Mon, 04/25/2011 - 02:03

UK Business In Kurdistan
Rudaw
International investors and the business community need an effective and reliable financial services sector in order to make significant and sustainable investments. The banking sector is still in its infancy. The only two global banks present in ...

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Project supports software startups - Minnesota Daily

Entrepreneur News - Mon, 04/25/2011 - 02:00

Minnesota Daily

Project supports software startups
Minnesota Daily
Erdem hopes Project Skyway will teach entrepreneurs the “strategic skill” of outsourcing, among other things. According to Erdem, networking, mentorship and startup capital are keys to entrepreneurial success. If Project Skyway chooses ...

How LPOs on petroleum product importation 'disenfranchise' borrowers - BusinessDay

Financial News - Mon, 04/25/2011 - 01:03

How LPOs on petroleum product importation 'disenfranchise' borrowers
BusinessDay
The root of the problem that brought the banking industry to it's kneel in 2008 could be traced to the neck-deep involvement of the banks in financing Local Purchasing Orders (LPOs) for petroleum product importation. That is one problem that could have ...

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Ohio is spending $1.4 billion to attract jobs. Will it work? - USA Today

Financial News - Mon, 04/25/2011 - 00:36

USA Today

Ohio is spending $1.4 billion to attract jobs. Will it work?
USA Today
The state has started directing cash, loans and tax breaks to nearly every imaginable part of the economy — dairies, auto suppliers, business incubators, plastics research and biotechnology. It's building modern industrial and office parks — and ...

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Ohio is spending $1.4 billion to attract jobs. Will it work? - USA Today

Entrepreneur News - Mon, 04/25/2011 - 00:36

USA Today

Ohio is spending $1.4 billion to attract jobs. Will it work?
USA Today
Overdrive, a successful Ohio technology firm, shows the blurry line between business-friendly and business subsidy. Entrepreneur Steve Potash was a Cleveland lawyer who turned his computer hobby into a major distributor of audio books and e-books to ...

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Huawei's $30 Billion China Credit Opens Doors in Brazil, Mexico - BusinessWeek

Financial News - Mon, 04/25/2011 - 00:15

Huawei's $30 Billion China Credit Opens Doors in Brazil, Mexico
BusinessWeek
In that situation, we got very good financing.” Huawei spokesman Ross Gan said there's much “distortion” about the significance of the credit line from China Development Bank, and what it means for the company's relationship with the government. ...

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Stress test and risk assessment in financial markets - Vanguard

Financial News - Sun, 04/24/2011 - 23:07

Stress test and risk assessment in financial markets
Vanguard
Several risk management standards exist in business and finance universe because some of the risks faced by institutions and operatives in the market may be multiple in nature and may not be amenable to a single or one directional solution. ...

`Nonghyup Bank averaged 2 financial accidents per month` - 동아일보

Financial News - Sun, 04/24/2011 - 23:06

`Nonghyup Bank averaged 2 financial accidents per month`
동아일보
This means that about two accidents occurred per month in Nonghyup`s financial business alone. The losses resulting from such cases also surged from 1.4 billion won (1.3 million dollars) to 11.1 billion won (10 million dollars) over the period. ...

Startup Life in a Developing ... - The Next Web

Entrepreneur News - Sun, 04/24/2011 - 20:24

Startup Life in a Developing ...
The Next Web
The company is a small group of Internet geeks-slash-entrepreneurs based in the Philippines, who have endured countless challenges, and is now on its way to success. I first asked Eric about the startup community in the Philippines, which he told me is ...

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Malaysia's Takaful market shows impressive growth - Arab News

Financial News - Sun, 04/24/2011 - 20:13

Malaysia's Takaful market shows impressive growth
Arab News
With Islamic finance specifically identified as one of new growth areas under this new economic model, the Takaful industry stands to gain from this socio-economic transformation by seizing the opportunity to grow business beyond the more traditional ...

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Islamic finance could lead banks' recovery - GulfNews

Financial News - Sun, 04/24/2011 - 19:10

GulfNews

Islamic finance could lead banks' recovery
GulfNews
Richard Thomas, CEO of Gatehouse Bank, believes Qatar's move to restrict conventional banks from entering Islamic financial services is a move in the right direction. Dubai: Islamic finance is gradually ...

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What Should You Do With Your Crappy Little Services Business? - TechCrunch

Financial News - Sun, 04/24/2011 - 18:10

What Should You Do With Your Crappy Little Services Business?
TechCrunch
Bank financing – OK, so this isn't immediately likely to come from Wells Fargo, but there are tech banks like Silicon Valley Bank or Square1 Bank that are in the business of financing startups. If you can show regular cashflow and are willing to put ...

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Funding your small business - Pacific Daily News

Financial News - Sun, 04/24/2011 - 17:02

Funding your small business
Pacific Daily News
Understand the difference between debt and equity financing: Essentially, there are two ways to finance a business, called debt financing and equity financing (there are actually a couple of twists to this, like a new concept called crowdfunding for ...

Startups With Real Revenue Can Get Venture Capital - The Business Insider

Financial News - Sun, 04/24/2011 - 13:37

Startups With Real Revenue Can Get Venture Capital
The Business Insider
Here are some key action items that will give you some priority: Create an investment-grade business plan. This means build a plan that hits all the hot buttons; problem/solution, executive team, competition, business model, reasonable financial ...

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Businesses achieve 'win-win' with energy incentives - Eastern Iowa Business

Financial News - Sun, 04/24/2011 - 11:10

Eastern Iowa Business

Businesses achieve 'win-win' with energy incentives
Eastern Iowa Business
That makes their business sustainable in terms of the environment as well as economically sustainable.” Gehrke said programs are available to provide financing for energy-related improvements for retrofitting existing buildings as well as new ...

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SVB Financial Is Worth Watching as It Rides the Technology Cycle - Seeking Alpha

Financial News - Sun, 04/24/2011 - 09:53

SVB Financial Is Worth Watching as It Rides the Technology Cycle
Seeking Alpha
Given the cyclical nature of its business, SIVB's business suffered in the last recession. Loan balances shrank almost 20% and Non-Performing Loans exceeded 2.5%. It operates through 27 offices in the United States, as well as offices internationally ...

Credit card woes again? - Korea Times

Financial News - Sun, 04/24/2011 - 09:03

Credit card woes again?
Korea Times
But commercial banks are partly responsible for bringing about the so-called project financing woes for saving banks. The nation's largest lender KB has already set up a credit card firm by separating its card business from the bank. ...

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Angel investors aid female CEOs - Worcester Telegram

Entrepreneur News - Sun, 04/24/2011 - 08:41

Angel investors aid female CEOs
Worcester Telegram
“Many women entrepreneurs trying to get financing from a small number of women angels results in a lower success rate,” said Sohl, referring to funding. “One of the goals is to get more women angels.” There are nine US women-focused groups of angel ...

Franchise frenzy - Indianapolis Star

Entrepreneur News - Sun, 04/24/2011 - 07:11

Franchise frenzy
Indianapolis Star
"The company itself was a startup at the time, and there was a lot of risk involved," Manwaring said. "I took a leap of faith that they were going to do what they said they would do. They haven't let me down." Today, she has nine stores, including five ...

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FHA mortgages may still beat loans available from private-sector rivals - Los Angeles Times

Financial News - Sun, 04/24/2011 - 07:02

FHA mortgages may still beat loans available from private-sector rivals
Los Angeles Times
Given these developments, how does FHA financing stack up against rivals in the low-down-payment space? Private mortgage insurers have a quick response: They say their lower monthly costs already are winning back some of the business they lost to the ...

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