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Stock Loans Finance

Finance Factors has huge Mainland real estate stake

Finance Factors is heavily invested in Mainland real estate that has declined sharply with the nation's slumping economy. Court documents in a now settled lawsuit by shareholders of the company's parent Finance Enterprises Ltd. also show the firm issued loans to company directors and their relatives in what one board member described as a "culture of illegality and self-dealing."

Finance Factors has huge Mainland real estate stake

GGP Secures Two-Week Extension on $900M in Loans

Debt-laden General Growth Properties (NYSE: GGP) announced on Nov. 30, the date its $900 million in mortgage loans on Fashion Show Mall and Shoppes at Palazzo in Las Vegas were set to come due, that it secured a two-week extension with the syndicate of...

GGP Secures Two-Week Extension on $900M in Loans

Finance woes: Automobile sales take heavy beating

NEW DELHI: Reluctance of banks to give auto loans coupled with record-high interest rates crippled car sales in November with market leader Maruti Suzuki witnessing one of its sharpest fall in monthly sales which crashed 27% at 47,704 units against 65,216 units in the same month last year.

Finance woes: Automobile sales take heavy beating

Finance woes: Automobile sales take heavy beating

Reluctance of banks to give auto loans coupled with record-high interest rates crippled car sales in November with market leader...

Finance woes: Automobile sales take heavy beating

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