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Business calendar June 13-18
Australian finance and economy diary for June 13 to June 18
Read more on Business Day

Politics › Kan focuses on 2nd extra budget to combat resignation calls
Prime Minister Naoto Kan reiterated his enthusiasm Saturday for an upcoming second extra budget to finance reconstruction from the March 11 quake-tsunami disaster as he…
Read more on Japan Today

Lagarde says pleased with talks in China
French Finance Minister Christine Lagarde said Thursday she is “very positive” after talks with Chinese officials about her candidacy to head the International Monetary Fund and said Beijing’s stake in the body should increase.
Read more on AP via Yahoo! News

Zimbabwe: Finance Minister Survives Bomb Attack
Zimbabwe’s Finance Minister Tendai Biti survived a suspected assassination attempt Sunday morning after his Harare house was hit by an explosive object.
Read more on AllAfrica.com

Mutual Funds Weekly: How to be a smarter mutual fund investor
The deluge of personal finance and investing information seems to be effective only in getting people to tune out advice on how to handle money and plan their financial futures.
Read more on Market Watch

Two major campaign finance reform bills on way to governor
Two major bills seeking reforms to and transparency in Nevada’s campaign finance laws have seen final approval in the Legislature and are now on their way to Gov. Brian Sandoval for his consideration.
Read more on Lahontan Valley News

Egypt Backtracks On Capital Gains Tax,
Egyptian Finance Minister Samir Radwan has buckled under pressure from traders and u-turned on aspects of the government’s proposed 10% capital gains tax on stock market profits, mergers and acquisitions, and asset revaluations, announced recently in the 2011/12 budget.
Read more on Tax-News.com

No show
After the Central Board of Direct Taxes it was the turn of the indirect tax wing of the finance ministry to face the consequences of protests by Anna Hazare and Ramdev. Finance Minister Pranab Mukherjee traditionally addresses a press conference at the annual conference of chief commissioners and director generals of the Central Board of Excise & Customs (CBEC). Accordingly, CBEC created a time …
Read more on Business Standard India

Ex-Honolulu councilman charged with 8 campaign finance violations
HONOLULU — Former City and County of Honolulu Councilman Rodney H.C.G. Tam, 58, has been charged with eight counts of campaign spending violations, all misdemeanor charges, according to a state press release.
Read more on The Garden Island

IMF agrees finance deal for Egypt
The International Monetary Fund (IMF) agrees a $ 3bn (£1.8bn) loan deal with the interim government in Egypt.
Read more on BBC News

UPDATE 1-Market Chatter — Corporate finance press digest
(Adds Polyus Gold, Raiffeisen) BANGALORE, June 3 (Reuters) – The following corporatefinance-related stories were reported on Friday: * Russia’s biggest gold producer Polyus Gold is in merger negotiations …
Read more on Reuters UK Focus via Yahoo! UK & Ireland Finance

BJP spurns Pranab’s request for inputs on Lokpal Bill
The BJP has refused to respond to Finance Minister Pranab Mukherjee’s request for inputs on the proposed Lokpal Bill, arguing it would not be proper for a political party to submit its views to a drafting committee comprising civil society members as it would upset constitutional propriety.
Read more on NDTV

Largarde ‘wrong choice’ for IMF
FRENCH Finance Minister Christine Lagarde is the wrong choice to head the International Monetary Fund, a former IMF chief economist has said.
Read more on News.com.au

Topeka’s fire sale
After years of failing to finance the Kansas Public Employees Retirement Plan adequately, the Legisl …
Read more on Hutchinson News

School finance plan still in limbo
share: digg facebook twitter Key state and legislative leaders met Wednesday night without reaching agreement on how to apportion $ 4 billion worth of cuts for public education. The Senate insists on addressing the current “target revenue system,” created five years ago as a temporary plan. House leaders say their “pro ration,” across-the-board-cuts plan is the simple way to reduce school funding.
Read more on San Antonio Express-News

Bank of America Announces New Energy Efficiency Finance Program
In its ongoing effort to provide capital that helps reduce carbon emissions and energy consumption, Bank of America today announced a new $ 55 million …
Read more on Finanzen.net

Weatherchem Closures Are Ideal for Household Chemical Products
Weatherchem, creators of innovative dispensing closures , now offers LiquiFlapper and Flapper caps for the indoor chemical products market. Regulated more than many other industries, chemical products must be packaged in materials that can withstand harsh liquids and other substances, provide excellent barrier properties to prevent…
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Power Finance Corp prices share sale at top to raise billion
Power Finance Corp replenishes its capital base by selling new shares, while the government divests a 5% stake.
Read more on Finance Asia

Aman wins World Finance award for the Best Takaful Provider 2011
“We are very proud to receive this award, given our constant efforts to offer excellence in service delivery. We have a number of programmes underway to ensure that we support the UAE’s national vision, and the ambitions of the global Islamic insurance industry.
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Nathans Finance fine before collapse says ex-director
Former Nathans Finance director Mervyn Doolan still claims the company’s financial positions was fine just months before it collapsed in August 2007, owing around 7000 investors $ 174 million.
Read more on Timaru Herald

Xinhua Finance Ex-CEO Fredy Bush Vows to Fight U.S. Insider-Trading Charge
Loretta Fredy Bush , the former chief executive officer of Xinhua Finance Inc. , denies that she was part of a $ 50 million insider-trading scheme that defrauded investors and U.S. regulators, her lawyer said today.
Read more on Bloomberg

Trintech Partners with Barnstone to Expand Global Footprint
Trintech – Barnstone Partnership Provides Last Mile of Finance Solutions in South Africa and Sub-Saharan Africa (PRWeb May 18, 2011) Read the full story at http://www.prweb.com/releases/Trintech/Barnstone/prweb8446188.htm
Read more on PRWeb

Former Fincorp director not guilty of rort on ‘spotters fee’
FINCORP’S former finance director, Jacob Quigley, has been found not guilty of a charge that he dishonestly used his position as a director to pay a sham $ 1.98 million ”spotters fee” to himself and the wider family of Fincorp’s founder, Eric Krecichwost.
Read more on Brisbane Times

Ireland expects ‘no advance’ on interest cuts at EU talks
(BRUSSELS ) – Irish Finance Minister Michael Noonan on Monday arrived for key eurozone talks saying he expected “no advance” on his country’s demand for a lowering of the interest rate on Ireland’s IMF/EU loans.
Read more on Eu Business

Southington finance board passes small mil rate hike
SOUTHINGTON — The Board of Finance increased the tax rate from 24.02 mils to 24.28 mils Wednesday night. The modest 1.08 percent tax increase will add $ 40 to $ 80 to the average resident’s property tax bill.
Read more on The Bristol Press

Former Ala. school finance officer pleads guilty
Associated Press – May 16, 2011 7:34 PM ET MONTGOMERY, Ala. (AP) – Authorities say a former financial officer of the Ozark City Board of Education has been sentenced to two years in jail after…
Read more on WSFA 12 Montgomery