Archive for October, 2009

Strong start for China’s ‘Nasdaq’

The price of shares for all 28 firms on China’s new Nasdaq-style stock market more than doubled when it opened for trading for the first time on Friday.
The ChiNext stock market is designed to attract financing for small to medium sized enterprises.
The 28 listed companies are almost all privately-owned outfits, in contrast with the state-owned [...]

Oil price rises above $81 level

The price of oil has risen above $81 a barrel, a new high for the year, as hopes rise that the global economic recovery is picking up pace.
US light crude rose to $81.43 a barrel, before slipping back to $80.50. London Brent also climbed before dropping back to $78.82 a barrel.
The price was boosted by [...]

Huge surrendered in northeast India

After a long decade lots of blood shed ,fear,encounter in North Cacher Hills Assam today about 360 Dima Haolam Daogah (Jewel Group) (DHD- J) militants on Friday (Oct 02) surrendered at Haflong, the headquarter of NC Hills District of Assam in North East India raising hopes of an end to long years of violent insurgency [...]

NDFB gun down 11 civilian and several injured

NDFB gun down 11 civilian and several injured

At least 11 people were killed and 9 wounded in a daring attack by NDFB separatists in Assam on Sunday (October 4) at about 7.30 PM. Heavily armed militants of the outlawed National Democratic Front of Bodoland (NDFB) attacked Bhimajuli village near Biswanath Chariali in Sonitpur district of [...]

Mortgage Refinance or Loan Modification can help you to save your money

A loan modification is quite similar to mortgage refinance as both have an objective to make payments simpler for people facing financial step down. Loan modification can also be called as modified refinance. The line of difference lies in the fact that one has to get the loan refinanced in case of Mortgage Refinance that [...]

New Government Refinance Mortgage Programs Announced

Since the beginning of 2009, the Obama administration has been reducing interest rates on Home Mortgage Refinance, but these programs are now being phased out. Loans backed by the government currently carry interest rates between 5.25 and 6.0, but are projected to go up significantly. However, to compensate for this, President Obama and his economic [...]