US defends tough trade stance at global finance meeting

US defends tough trade stance at global finance meeting

WASHINGTON — The United States is resisting pressure to back off President Donald Trump’s tough America First trade policy at a meeting of global finance leaders worried about the threat of a damaging trade war. At a meeting of global finance leaders, U.S. Treasury Secretary Steven Mnuchin charged that “unfair global trade practices impede stronger […]

Protectionism is a 'historical mistake,' Spain's new finance minister says

Protectionism is a 'historical mistake,' Spain's new finance minister says

Spain joined several other countries in voicing its opposition against rising trade tariffs and other protectionist attitudes. Speaking to CNBC Thursday, Roman Escolano, the recently appointed finance minister of Spain, said that Madrid is not enjoying some decisions that are destabilizing global free trade. “Protectionism is a historical mistake,” Escolano told CNBC’s Joumanna Bercetche at […]

Finance panel OKs another $7.1 million for prison care

Finance panel OKs another $7.1 million for prison care

MADISON, Wis. (AP) — The Legislature’s finance committee is giving the Department of Corrections more money to cover prisoner health care. The agency was budgeted $80.6 million in fiscal year 2017-18 to inmate health care but now expects to spend $90.7 million thanks to rising drug costs, more hospital visits for the prison system’s aging […]

Notice of Annual General Meeting in Vostok Emerging Finance Ltd

Notice of Annual General Meeting in Vostok Emerging Finance Ltd

Stockholm, April 17, 2018 (GLOBE NEWSWIRE) — Notice is hereby given to the holders of depository receipts in respect of shares in Vostok Emerging Finance Ltd (“Vostok Emerging Finance” or the ”Company”) that an Annual General Meeting (the “Meeting”) of shareholders shall be held on Thursday, 17 May 2018 at 10 am CEST at Advokatfirman […]

The Finance 202: Trump's base is all about his tariffs on imports

The Finance 202: Trump's base is all about his tariffs on imports

THE TICKER President Trump addresses the annual American Farm Bureau Federation conference in January. (Luke Sharrett/Bloomberg) President Trump’s budding trade fight with China has a lot of congressional Republicans on edge, but Republican voters overwhelmingly back the confrontation as a boon for American jobs.  That’s according to a new Washington Post-ABC News poll, which found GOP voters […]

ICBC lead arranger to finance Dubai's solar power project

ICBC lead arranger to finance Dubai's solar power project

DUBAI, April 15 (Reuters) – Industrial and Commercial Bank of China has been mandated as lead arranger for a $1.5 billion senior loan to finance the construction of a Dubai thermo-solar power project, ACWA Power, one of the companies involved in the project said. Dubai Electricity and Water Authority (DEWA) in September awarded the contract […]

Former Perth finance broker pleads guilty to car loan fraud

Former Perth finance broker pleads guilty to car loan fraud

A former finance broker has pleaded guilty to seven counts of giving false information and one fraud charge at the Perth Magistrates Court on Friday for swindling people with poor credit histories into getting car loans. Corporate regulator Australian Securities and Investments Commission (ASIC) alleged that between January and April 2013 Peter Lachlan McDonald of ‘Get […]

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