North Korea Times
NorthKoreaTimes.com Sunday 21st March 2010 Issue 8/80
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Century old Bank of Hiawassee shutteredCentury old Bank of Hiawassee shuttered
The FDIC entered into a purchase and assumption agreement with Citizens South Bank, Gastonia, North Carolina, to assume all of the deposits of Bank of...


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10 branches of Appalachian Community Bank close10 branches of Appalachian Community Bank close
Appalachian Community Bank with $1.01 billion in assets has been unable to stay...
State Bank of Aurora in Minnesota founded in 1906 is shut downState Bank of Aurora in Minnesota founded in 1906 is shut down
The bank which first opened its doors on January 1st 1906, closed for the last time on March 19th...
Merchandising a growing source of revenue for airlinesMerchandising a growing source of revenue for airlines
Airlines across the globe are looking for new ways to enhance revenue...
First bank failure of year for AlabamaFirst bank failure of year for Alabama
The FDIC will lose $38.3 million as a result of the bank's...
Advanta Bank in Utah with $1.5 billion in deposits closesAdvanta Bank in Utah with $1.5 billion in deposits closes
The FDIC has taken charge of the Advanta Bank Corp., in Draper,...
Hong Kong rental market improves as supply contractsHong Kong rental market improves as supply contracts
Rents are up in Hong Kong as the number of new properties coming on to the market...
Century Security Bank one of 3 Georgia banks terminatedCentury Security Bank one of 3 Georgia banks terminated
The FDIC has been named receiver of the failed...
Ohio loses American National Bank of ParmaOhio loses American National Bank of Parma
The National Bank and Trust Company, Wilmington, Ohio will assume the deposits of American National...
Correction: Cheese Championships Story
MADISON, Wis. - In a story March 18 about the World Cheese Championships, The Associated Press, relying on information from the Wisconsin Cheesemakers Association, reported erroneously the top...
Stocks To Watch For Monday
Decision day in China Search giant, enmeshed in censorship controversy with government,  will unveil China plans on Monday and is expected to announce April departure...
Stocks To Watch: Stocks In Focus For Monday
Decision day in China Search giant, enmeshed in censorship controversy with government,  will unveil China plans on Monday and is expected to announce April departure...
Arrest In Racial Message At Wal-mart
(CNN) -- Police in New Jersey have made an arrest in connection with a public address system announcement at a Wal-Mart store telling "all blacks" to...
European Stocks Climb For Third Week; Unicredit, Arriva Gain
March 20 (Bloomberg) -- European stocks rose for a third straight week after Standard & Poor’s said it’s no longer planning an imminent downgrade of Greece’s debt and as the...
Bernanke: 'unconscionable' To Allow 'too Big To Fail' Firms
ORLANDO, Fla. -(Dow Jones)- U.S. policy makers need to address the existence of "too big to fail" financial firms, Federal Reserve Chairman Ben Bernanke said Saturday, calling the problem...
* Us Stocks May Pause After Pursuing 18-month Highs
AFP, NEW YORK Sunday, Mar 21, 2010, Page 10 US stocks hit the highest level in more than a year the past week, buoyed by strong company earnings and a central bank decision to maintain ultra-low...
Capitalism's Insidious Tribal March | Eric Randolph
Vedanta Resources Plc , confirmed that members of its corporate social responsibility team were attacked by unidentified individuals who set their jeep on fire and hospitalised two employees. As a...
U.s. Stocks Climb A Third Week As Fed Repeats Low-rate Pledge
March 20 (Bloomberg) -- U.S. stocks advanced, sending the Standard & Poor’s 500 Index to a third straight weekly gain, as the Federal Reserve said it will keep interest rates near zero to...
Arrest In Wal-mart 'all Black People' Case
Shortly before 7 p.m., Sunday, a male voice came over the public-address system at a N.J. Wal-Mart story and calmly announced: "Attention Wal-Mart customers: All black people leave the store now."...
Fuel Rebate For Those Over 70
A quarter of a million people over 70 will get an £80 discount off their electricity bill this summer. To qualify they have to be on a very low income - getting the pension credit 'guarantee...
Investors Could Lose Their Homes
Hundreds of elderly people could face the prospect of having to sell their homes after an investment marketed as medium risk went badly wrong.Some have lost as much as a quarter of million pounds...
India's Lupin Gets Tentative Fda Nod For Generic Insomnia Drug
MUMBAI -(Dow Jones)- India's Lupin Ltd. (500257.BY) on Saturday said a subsidiary has received tentative approval from the U.S. Food and Drug Administration to sell generic eszopiclone tablets...
Bernanke: Too Big To Fail A "pernicious" Problem
U.S. Federal Reserve Chairman Ben Bernanke delivers his speech during the Independent Community Bankers of America convention in Orlando, Florida March 20,...
Bharti Board Approves $9 Billion Offer For Zain Africa: Report
Exclusive talks between Bharti and Zain expire on March 25, marking the third time the Indian firm has tried to get its hands on a meaningful African business after two failed bids for South-Africa's...
Dubai Nakheel Woes May Help Islamic Finance In Time
DUBAI (Reuters) - The trillion dollar Islamic finance industry is looking beyond the troubles of Dubai developer Nakheel NAKHD.UL at possible reforms that could help draw more interest from Western...
Saturday Interview: Facebook Canada's Louise Clements
When Louise Clements was young, she remembers watching as her mother would sit down with other women from the neighbourhood for their morning cigarettes. As the women smoked, they would chat about...
Ten Years After The Dot-com Crash, Techs Lead Rebound
"If we look at the winners from that era — the Amazons, the RIMs, the Apples — those are all companies that are trading higher than they were 10 years ago," strategist Peter Misek...
Canada's $56b Deficit Now A Model Of Fiscal Probity
HONOLULU - My American friend Paul recently returned from the Olympics in Vancouver gushing about Canada, raving that the Games showed our country deserved its reputation as a decent, fair-minded...
Crapping Out At The Subprime Casino
Divine Comedy on the inside—was overrun by thousands of white men in business casual now earning their living, one way or another, off subprime mortgages. Like all of Las Vegas, the Venetian was a...
Fed Chairman Bernanke Tries To Makes Case For Fed To Retain Role As Watchdog Of Smaller Banks
WASHINGTON - Federal Reserve Chairman Ben Bernanke made a fresh pitch Saturday to retain oversight of small banks, contending that what the Fed learns from that role helps it assess the overall...
Obama Presses Congress, Says Financial Reform Needed To Protect Consumers, Keep Banks Healthy
WASHINGTON - The U.S. needs major changes to its financial system so consumers are better protected, banks fortified and the economy safeguarded from sliding into another Depression, President...
Market Snapshot: U.s. Stocks May Let China, Global Rates Set Tone
SAN FRANCISCO (MarketWatch) -- U.S. stock investors, having just pocketed three weeks of gains, may look overseas for reasons to add to their bets in the coming week -- or take some money off the...
Bernanke Says Large Bank Bailouts ‘unconscionable,’ Must End
March 20 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke said government bailouts of large financial firms are “unconscionable” and must be ended as part of a regulatory overhaul...
Thousands Of Ba Flights Canceled As Crew On Strike
LONDON - British Airways canceled more than 1,000 flights after its cabin crew launched a three-day strike Saturday, wreaking havoc on the plans of tens of thousands of passengers just before the...
The Week's Top 10 Videos On Marketwatch
In case you missed them, here are the top 10 videos that appeared on MarketWatch for the week of March 15-19:Who stands to win if Google exits China?Hopes are fading that Google will be able to...
Aes Begins Building Gas-fired Power Plant In Cameroon
AES ), last month began construction of a 216 megawatt gas-fired electricity plant at Mpolonwe near the port town of Kribi. The project, to cost EUR255 million, is designed to provide energy for...
Greece Will Pay Its Debts, Will Not Default: Pm
(Reuters) - Greece has taken the necessary steps to tackle its fiscal crisis and will not default on its debt obligations, the country's prime minister said on Saturday in a speech to his socialist...
Arrest Made In Racist Wal-mart P.a. Remark
A worker gathers shopping carts near a Wal-Mart store Wednesday, March 17, 2010, in Washington Township, N.J. Wal-Mart officials are reviewing security tapes after an announcement was made for "all...
Bernanke: Keep Fed As Watchdog Of Small Us Banks
Federal Reserve Chairman Ben Bernanke testifies on Capitol Hill in Washington, Wednesday, March 17, 2010, before the House Financial Services Committee. (AP Photo/Pablo Martinez Monsivais) (AP) ...
British Airways Crew Launches 3-day Strike, Forcing Airline To Cancel Thousands Of Flights
LONDON - British Airways canceled more than 1,000 flights after its cabin crew launched a three-day strike Saturday, wreaking havoc on the plans of tens of thousands of passengers just before the...
Undecided Dems Tilt Obama's Way Ahead Of Sunday's Vote On Health Care; Gop Opposition Holds
WASHINGTON - Claiming unstoppable momentum but still short of the goal line, President Barack Obama is heading to Capitol Hill to rally House Democrats for a final push on landmark health care...
In Dubai, The Party's Far From Over | Syed Ali
In the middle of the media frenzy over Dubai's current economic implosion, it's easy to forget what it was in the first place that made Dubai the media darling of the west, and a tourist and working...
Lloyds Banking Group Expects Profit This Year
Britain's Lloyds Banking Group PLC said Friday it expects to report a profit this year as trading has so far been strong and provisions for bad assets are not as large as previously...
All The Latest Advice For Ba Passengers
As British Airways cabin crew stage their three days of strike action, the airline claims that 65% of passengers will still be able to reach their...
Obama Says Us Financial Overhaul Is 'essential'
WASHINGTON -(Dow Jones)- President Barack Obama used his weekly radio address to call for an overhaul of U.S. financial regulation, saying reform is needed to rein in bad practices and better...
China Inflation Goal Tough But Reachable: Official
(Reuters) - China's 2010 inflation goal of 3 percent is tough but achievable, with good grain supplies and excess capacity helping keep prices down, while growth should hit 8 or 9 percent, senior...
Obama Calls On Congress To Pass Finance Reform
President Barack Obama delivers remarks on health insurance reform during his event at George Mason University in Fairfax, Va., Friday, March 19, 2010. (AP Photo/Pablo Martinez Monsivais) (AP) ...
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new agency to protect consumers from Wall Street's excesses. "These reforms are essential," Obama said in his weekly radio address. "As I've urged over the past year, we...