Financial News Wire

Dubai Holding unit delays loan repayment again
* Repayment of 5 mln loan extended to Nov. 30
Read more on Reuters via Yahoo! Asia News

China Regulator to Require 2.5% Loan-Loss Reserves, Guosen Says
China’s banking regulator is drafting a plan requiring banks to maintain loan-loss reserves equivalent to 2.5 percent of total lending, according to Guosen Securities Co.
Read more on BusinessWeek

Department of Energy Issues Loan Guarantee Supported by Recovery Act for Nevada Geothermal Project
Washington D.C. – Energy Secretary Steven Chu this day announced a partial guarantee for a .5 million loan to the 49.5 megawatt Blue Mountain geothermal project in Humboldt County in northwestern Nevada.
Read more on U.S. Department of Energy