cash flow woes hit dividends

Cash flow woes hit dividends

Several listed companies are delaying the 2010 dividend payments due to money shortages.
apple makes first s korea payout over tracking

Apple makes first S. Korea payout over tracking

US technology giant Apple said Thursday it had made its first compensation payment in South Korea over a feature on its iPhone that can track the location of users.
testing us debt talks set to enter third day

Testing US debt talks set to enter third day

President Barack Obama and his Republican opponents headed Tuesday into a third straight day of talks seeking an elusive deal to avert a potentially ruinous early August default on US debt payments.
prudential vietnam allies with techcombank

Prudential Vietnam allies with Techcombank

Prudential Vietnam Assurance has officially teamed up with local banking behemoth Techcombank to launch an online insurance premium payment service Fast i-banking.
ebay buying zong for 240 million

eBay buying Zong for $240 million

PayPal owner eBay said Thursday that it has agreed to buy mobile payments provider Zong for $240 million in cash.
jp morgan to pay 228 mln for muni bond bid rigging

JP Morgan to pay $228 mln for muni bond bid-rigging

US bank JP Morgan Chase was slapped with fines and repayment penalties of $228 million for a bid-rigging scheme that shortchanged issuers of municipal bonds, US authorities announced Thursday.
russia severs power supplies to crisis hit belarus

Russia severs power supplies to crisis-hit Belarus

Russia on Wednesday cut power supplies to cash-strapped Belarus after it failed to make a debt payment due to its mounting economic crisis, the latest energy spat between the two uneasy neighbours.
russia vows to cut belarus power

Russia vows to cut Belarus power

Russia on Thursday threatened to imminently cut power supplies to Belarus after its neighbour failed to make a late debt payment because of its economic crisis.
saab gets chinese order says enough to pay staff

Saab gets Chinese order, says enough to pay staff

Saab has received a 13-million-euro order from a Chinese company and the pre-payment expected in this week will enable the firm to pay staff and partially pay suppliers, its parent company said on Monday.
jetstar pacific in debt of vnd180 billion

Jetstar Pacific in debt of VND180 billion

Tran Van Phuc, director of Vietnam Air Petrol Company (Vinapco) claimed that Jetstar Pacific (JPA) owes his company more than VND180 billion ($8.6 million) in backlog payments.
significant progress in alipay talks yahoo ceo

'Significant progress' in Alipay talks: Yahoo! CEO

Yahoo! chief executive Carol Bartz said Wednesday that progress is being made in resolving a dispute with partner Alibaba over ownership of online payments service Alipay.
chrysler exits government bailout 6 years early

Chrysler exits government bailout 6 years early

US automaker Chrysler announced Tuesday it had exited six years early a US and Canadian rescue program with the repayment of billions of dollars provided during the 2008-2009 economic crisis.
barclays bank sets up 10 bln compensation fund

Barclays bank sets up £1.0 bln compensation fund

Barclays is to set aside £1.0 billion (1.14 billion euros, $1.64 billion) to compensate clients who were mis-sold payment protection insurance, the British bank said on Monday.
vietnam firm launches e wallet webmoney

Vietnam firm launches e-wallet WebMoney

Vietnam Online Trading Services Joint Stock Co. (VNO) on Thursday introduced e-wallet WebMoney Vietnam (WMV) to help customers access online payment services globally.
vietinbank to provide petrol payment service via prepaid card

VietinBank to provide petrol payment service via prepaid card

Vietnam Bank for Industry and Trade (VietinBank) signed a contract with Saigon Fuel Joint Stock Company (SFC) on April 20 to provide petrol payment services via E-Fast prepaid card.