The New Year is shaping up to be a rough one for community lenders.
Dozens if not hundreds of small banks figure to disappear in 2010, as a weak economy and regulatory pressure lead to more failures and mergers(...)
SYDNEY - When Steve Franklin bought four plane tickets on Qantas last June, he faced an unexpected expense: a surcharge of 7.70 Australian dollars on each of the 136.70 dollar ($126) tickets - just for using his Visa credit card(...)
Business people should stand up for themselves
HENRY HAZLITT, one of the great popularisers of free-market thinking, once said that good ideas have to be relearned in every generation. This is certainly true of good ideas about business(...)
Savvy consumers view offers for "free" products with the same skepticism reserved for weight-loss pills, work-at-home opportunities and spray-on hair(...)
Emerging markets (EMs) have suffered less than developed countries during the financial crisis that has lashed the planet since the end of 2007. EM banks were not extensively exposed to high-risk credit derivatives and subprime loans, and they have suffered less damage from the shortage of financing than the major economies(...)
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