Pikun Srimahunt, head of Siam Commercial Banks mortgage business division and small-business products, said the bank would put more emphasis on how to help small enterprises sustain their business. Although the domestic economy is likely to improve this year, global uncertainties surrounding new US trade policies and Chinese tourism might have indirect impacts on small…
DetailsA South Korean court declared Hanjin Shipping bankrupt on Friday, after ruling earlier this month that the firm’s liquidation value would be worth more than its value as a going concern. Hanjin Shipping, which had been the world’s seventh-largest container shipper, applied for court receivership in late August after its creditor banks halted further support.…
DetailsUniversity debts another hurdle for struggling first home buyers. SHOULD I go to university or buy a house? Thats the distressing question the next generation of homebuyers may have to face. Its hard enough to save the deposit for a home in many Australian cities thanks to the Molotov Cocktail of skyrocketing house prices, low…
DetailsThe axe finally fell on South Korea’s once-mighty Hanjin Shipping on Friday as a Seoul court declared it bankrupt after struggling for years under the weight of billions of dollars-worth of debt. Hanjin filed for bankruptcy protection in August owing $5.37 billion as creditors refused to bail it out, with dozens of its vessels stranded…
Details18th February 2017, 04:40 Families with children who are in debt could be given extra help to seek advice and support under new plans being recommended to the Government. The Families with Children and Young People in Debt (Respite) Bill – put forward by Conservative MP Kelly Tolhurst – will get a second reading later…
DetailsMichael Lee at the Austinmer pools as the storm hit on Friday afternoon. More than two years after he folded his firm, the pool restoration job is not complete. Picture: Sylvia Liber Council designs for the Austinmer pool renovation were flawed and not realistically able to be completed, claims the contractor whose company went into liquidation on…
DetailsFamilies with children who are in debt could be given extra help to seek advice and support under new plans being recommended to the Government. The Families with Children and Young People in Debt (Respite) Bill – put forward by Conservative MP Kelly Tolhurst – will get a second reading later this month. It hopes…
DetailsThe axe finally fell on South Korea’s once-mighty Hanjin Shipping on Friday as a Seoul court declared it bankrupt after struggling for years under the weight of billions of dollars-worth of debt. Hanjin filed for bankruptcy protection in August owing $5.37 billion as creditors refused to bail it out, with dozens of its vessels stranded…
DetailsSAN FRANCISCO–(BUSINESS WIRE)–Wells Fargo & Company (NYSE: WFC) today announced dividends on eleven series of preferred stock. A quarterly cash dividend of $20.00 per share was declared on its 8.00% non-cumulative perpetual class A preferred stock, Series J, liquidation preference $1,000 per share. This dividend equals $0.50 per depositary share, each representing a 1/40th interest…
DetailsWhen Ekhlas Ahmed, a refugee from Darfur, Sudan, first came to the United States, she didnt speak a word of English. After getting off at the wrong bus stop on her first day of school and wandering around lost for eight hours, the young girl promised herself that she would master her new language. … Read…
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