(AFX UK Focus) 2010-02-17 16:34 FACTBOX-The U.S. stimulus plan, one year later

(AFX UK Focus) 2010-02-17 16:34 FACTBOX-The U.S. stimulus plan, one year later
Feb 17 (Reuters) – On Feb. 17, 2009, President Barack Obama signed into law one of the largest packages of tax cuts and spending measures in U.S. history.

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Changes to mortgage rules will curb speculators: TD

Changes to mortgage rules will curb speculators: TD
The changes to Canada’s mortgage insurance rules likely won’t have a dramatic effect on the market, but should cool it down a bit and reduce speculative investing, says TD Economics.

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CIMB Niaga records higher net profit

CIMB Niaga records higher net profit
PT Bank CIMB Niaga Tbk (CIMB Niaga) has reported an audited consolidated net profit of Rp 1.6 trillion (RM1=Rp 2,755) for the year ended Dec 31, 2009 or up 131 per cent compared with the same period 2008 of Rp 678.2 billion. The higher profit was largely due to an increase in net interest income and fee income as well as an improvement in cost efficiency, the bank said in a statement today. CIMB …

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Gold Declines as Dollar Advances, Stocks Drop on China’s Loans

Gold Declines as Dollar Advances, Stocks Drop on China’s Loans
Feb. 12 (Bloomberg) — Gold prices fell as China unexpectedly increased bank-reserve requirements, sending commodities and equities lower, while boosting the dollar.

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Thai Asean News Network

Thai Asean News Network
JP Morgan is bullish on Thailand’s banking sector following the economic recovery. It predicts the Thai share index may hit the level of 800 points in the second half if the government has improving stability.

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Dow soars as fears abate

Dow soars as fears abate
NEW YORK — Stocks jumped on Tuesday, aided by improving U.S. economic data and rising confidence in Europe’s efforts to help heavily indebted Greece.

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Obama ups nuclear investment for climate fight

Obama ups nuclear investment for climate fight
By Jeff Mason

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ESCONDIDO: Farmers question general plan update

ESCONDIDO: Farmers question general plan update
Farmers gathered at the San Diego County Farm Bureau’s office inEscondido on Tuesday to learn how zoning changes under the county’srevised plan to manage growth will affect their propertyvalues.

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Brendan Barber: Barclays bonus pot is not justified

Brendan Barber: Barclays bonus pot is not justified
Barclays’ super-profits are just one more sign that banks win in both good times and bad. And, of course, these profits are on top of the bonus pool for their top staff.

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Snowstorm helps some, hurts others

Snowstorm helps some, hurts others
The recent record-setting snowfall undoubtedly boosted business at grocery stores and hardware stores selling shovels and salt. But what was great for some businesses was quite disruptive for others.

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