Bank Credit Card Guide & Banking News

RPT-BOJ FOCUS-BOJ leaning towards easing, but not done ... - Reuters
TOKYO, March 10 (Reuters) - The Bank of Japan is leaning towards easing monetary policy again next week, sources said, but there is disagreement among the seven policymakers on its board on how to justify such a move. By easing, the central bank ...
Posted: Wed, 10 Mar 2010 23:18:00 GMT

Did Credit Card Users Pay Up, Or Did Banks Write It Off ... - KWTX
NEW YORK (March 10 2010)—The consumer credit research site CardHub.com analyzed Federal Reserve data and found that the bulk of last year's drop in credit card debt probably was the result of banks writing off loans that consumers had failed to pay ...
Posted: Wed, 10 Mar 2010 22:57:00 GMT

China Mobile investing $5.8B in Chinese bank - Denver Post
Under the agreement, China Mobile will pay 39.8 billion yuan ($5.8 billion) in cash for 20 percent of Shanghai Pudong Development Bank, the cell phone company said in a statement to the Hong Kong stock exchange. The two companies plan to work ...
Posted: Wed, 10 Mar 2010 11:51:00 GMT

Bank of Hawaii offering coupons free online - Journal-News
HONOLULU — Bank of Hawaii says it's come up with a way to generate more business for its clients. The bank has launched a free, online virtual coupon book that offers a wide range of deals in various categories, including automotive, clothing ...
Posted: Thu, 11 Mar 2010 06:56:00 GMT

Biden’s West Bank tour clouded by settlement plans - Journal Inquirer
... new plan to build 1,600 apartments for Jews in Palestinian-claimed east Jerusalem overshadowed Vice President Joe Biden’s visit to the West Bank today. Biden was to hold talks with Palestinian President Mahmoud Abbas and Prime Minister Salam ...
Posted: Wed, 10 Mar 2010 12:05:00 GMT

Bank of Korea keeps interest rate at record low - Boston Globe
SEOUL, South Korea— South Korea's central bank left its key interest rate at a record low Thursday amid international sovereign debt concerns and as the institution prepares for a leadership change. The Bank of Korea said it kept the benchmark ...
Posted: Thu, 11 Mar 2010 06:28:00 GMT

Japan Kan: Govt, BOJ taking steps to end deflation - Reuters
TOKYO, March 11 (Reuters) - Finance Minister Naoto Kan said on Thursday that the Bank of Japan and the government have been taking steps to turn price moves positive this year. "The government and the BOJ are sharing a common goal and have been ...
Posted: Thu, 11 Mar 2010 07:18:00 GMT

Pakistan Central Bank Sells 81.4 Billion Rupees of T-Bills - BusinessWeek
March 10 (Bloomberg) -- State Bank of Pakistan sold 81.4 billion rupees ($962.5 ... rupees of 12-month bills at 12.4 percent, according to an e-mailed statement by the Karachi based central bank today. It received offers for 121.4 billion rupees.
Posted: Wed, 10 Mar 2010 13:02:00 GMT

US STOCKS-Bets on economy lift Wall Street; banks, tech ... - Reuters UK
... is, if the economy is turning, financials are poised to do well," said Angel Mata, managing director of listed equity trading at Stifel Nicolaus ... Chip maker Intel Corp ( INTC.O ) shares gained 1.2 percent to $21.19 and the PHLX semiconductor ...
Posted: Wed, 10 Mar 2010 22:49:00 GMT

GLOBAL MARKETS-Bank shares rally, oil hits eight-week ... - Reuters
NEW YORK, March 10 (Reuters) - Financial firms led U.S. and European stock markets higher on Wednesday, with U.S. bank shares hitting a 16-month peak, while gyrating crude oil prices ended the day at an eight-week high. Bank shares rallied on Wall ...
Posted: Wed, 10 Mar 2010 22:28:00 GMT