China Financial Daily

November 28, 2008

Goverments in Europe

Filed under: Financial News — Tags: , , , — Nancy @ 9:37 am -0800

The Government of Italy approved the economic aid plan
28, the Italian government approved a plan to rescue the economy, which is likely to continue to fight the 2009 recession. The plan includes the provision of pensioners as well as income support, such as tax relief for businesses.

The British Government will acquire most of RBS stake in NC
Royal Bank of Scotland (RBS) announced that due to its shareholders to take an evasive attitude to the issuance of the new shares, the British Government will acquire the bank for nearly 60% of the shares in order to obtain more shares of NC. RBS has previously hinted that there may be the first time to loss in the history.

The financial reports of Canada’s new government have been opposed by multi-party which may trigger a new election
The establishment of just less than a month of the new Conservative Party of Canada Federal Government on the 27th launched the latest fiscal outlook report, in the National Assembly which caused the three major opposition parties unanimously to oppose. Some critics said the report could trigger a new round of federal election.

Share/Bookmark

Gome confirmed Huang Guangyu under investigation

Filed under: Financial News — Tags: , , — Nancy @ 9:18 am -0800

Chen Xiao took up the post of Deputy Chairman of Gome which has nothing to do with the investigation of Huang Guangyu
Huang Guangyu was taken away on suspicion of economic crimes toward investigation which news the Beijing Municipal Public Security Bureau confirmed, so Gome on the morning of 28 in HKEx announced to confirm. Chairman Huang Guangyu and Zhou Yafei as chief financial officer were under investigation.

Gome confirmed Huang Guangyu under investigation and analysis of the survey questions was not yet clear
China’s largest home appliance chain – Gome in the final days of suspension on the whereabouts of the Chairman Huang Guangyu made an account, saying as a result of suspected criminal cases he was accepted the Public Security Bureau investigation. Analysts believe that the circular is accounting for measures to tackle the situation for investors.

An official Notice released survey of Huang Guangyu investedStock Exchange of Hong Kong about the notice has no responsibility for the contents, no related to its accuracy or completeness of any statement made, and made it clear that there is no any liabilities because the whole or any part of the contents or have relied on the content which lead to any loss.

Share/Bookmark

Housing Subsidies

Filed under: Financial News — Tags: — kinpoo @ 8:22 am -0800

Ministry of Construction: Tax Subsidies to support the Real Estate Market
According to the reports of the domestic media, the ministry of construction of housing and urban and rural areas is considering to support the real estate market through tax subsidies.

Housing Buyers will get Taxes and Fees Subsidies
After the rate cuts good news coming from the central bank, there is another good news from the City Construction Committee that, people buy houses now will get the most cost-effective policies.

Housing Rental Subsidies for Households with Financial Difficulties
The investigation about the low-income family and with housing difficulties family in Yinchuan city has been launched for half of month, Recently, it is learned from the housing authority that, with the relaxation of the conditions, there have been over 4 thousand households have registered until now.

Share/Bookmark

Copyright © 2009 ChinaFinancialDaily.com; Powered by WordPress