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State parks need public, private funding

Opinion gt; Outlook State parks need public, private funding Assuring future of quality family memories will require partners By Carol Dinkins | October 10, 2014 | Updated: October 11, 2014 2:47pm

Banks won’t issue credit cards to part-time workers

Q I am a 20-year-old student. I earn money by doing part-time jobs. Am I eligible to get a credit card? Hyder Ali, Hyderabad It will be difficult for you to get a credit card as minimum annual income that you need to earn for getting a credit card is Rs 3 lakh. Even though […]

Bankruptcy And Your Credit Score

Typically, a secured credit card will allow you a limit of $500 to $5,000, she says. Use the card carefully, paying it on time every month, to prove you’re able to handle it responsibly. “Keep the balance low and pay it in full,” she advises. “The worst thing you can do, though, is to just […]

Private funding necessary to preserve city’s famous homes

The former residence of Feng Zikai (1898-1975), a famous Chinese cartoonist, essayist and educator, closed to the public last weekend after its neighbors complained about the visiting crowds, Shanghai-based media The Paper reported Monday. Fengs former house is a three-story, Spanish-style villa located on Shaanxi Road South, where Feng once lived for 21 years. Local […]

S&P Upgrades CyrusOne (CONE) to ‘B+'; Revenue Growth has Improved; Churn …

Standard Poors Ratings Services said it raised its corporate credit rating on CyrusOne Inc. (NASDAQ: CONE), which we rate on a consolidated basis with CyrusOne LP, to B+ from B. The rating outlook is stable. At the same time, we are assigning our B+ issue-level rating and 3 recovery rating to the companys proposed $600 […]

U.S. CFTC Clearing Rules Eyed for Some Currency Derivatives

Foreign-exchange traders, already subject to a global probe over alleged manipulation, may face US restrictions on derivatives contracts for some currencies. Commodity Futures Trading Commission members and staff are weighing whether to require that contracts for non-deliverable forwards be guaranteed at clearinghouses that accept collateral from buyers and sellers. The regulation would apply the clearing […]

Currency Derivatives, FSB Plan, Sanofi Probe: Compliance

Members and staff of the US Commodity Futures Trading Commission are weighing whether to require that contracts for non-deliverable forwards be guaranteed at clearinghouses that accept collateral from buyers and sellers. The regulation would apply the clearing rule to contracts for a dozen currencies, including China’s yuan, South Korea’s won and Brazil’s real. The CFTC’s […]

Sector Update: Financial

In company news, RCS Capital ( RCAP ) was higher Wednesday after the wholesale broker-dealer agreed to purchase Cole Capital from American Realty Capital Properties ( ARCP ) through a series of transactions over the next seven months totaling at least $700 million. RCAP shares were ahead more than 7% at $24.14 apiece, earlier climbing […]

Unsecured loan, missing CEO add red flags to China lending

Nomura Holdings and co-lenders spent nine months poring over the books, sizing up management and even checking out the factory floor at Chinas Ultrasonic AG before deciding in August to give the Frankfurt-listed shoemaker a $60 million unsecured credit facility. The loan was unsecured in keeping with regulations in China at the time it was […]

Students should establish credit (responsibly) now

Somewhere between orientation and graduation, college students should become aware of their credit history and begin to establish a good credit score, a move which could save them a lot of money down the same road that leads to their new house. “The better your credit score is, the lower your interest rates are going […]

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