Finances

DUBAI (Reuters) - Dubai, set to ask creditors for a standstill on restructuring some $22 billion in debt linked to troubled conglomerate Dubai World , may still repay lenders in full, a local newspaper said on Sunday, citing unnamed sources.  

From bnet.com ()

SANTA ANA, Calif., Dec. 17 /PRNewswire-FirstCall/ -- VillageEDOCS, Inc. (OTC Bulletin Board: VEDO), a leading Software as a Service (SaaS) provider, announces repayment of $927,917 in principal and accrued interest debt. The repayment will reduce the company's liabilities and subsequent year's cash flow requirements to service the debt.  

Shares in ING Group climbed nearly 7% Friday after the Dutch banking and insurance firm confirmed its plan to repay half of the state aid it’s received and said the government may be willing to renegotiate the terms for repaying the second half.  

MF Global Ltd. (NYSE: MF), a leading intermediary offering customized solutions in cash, derivatives and related markets, today notified its administrative agent of its intent to repay, ahead of schedule, $200 million of long-term indebtedness under its five-year revolving credit facility. The revolving credit facility expires in June 2012. MF Global intends to fund the credit facility repayment with available cash. Following the repayment...  

In today's news, GM is going to begin repaying its government loan.Sort of.Most of GM's government debt, which came from the TARP, was converted to ownership in the New GM. So the government loans that GM is going to start repaying are only $6.7 Billion out of about $50 Billion it received in total.GM is sitting on a cash pile of $42.6 Billion, according to the news story. That cash is essentially all bailout money, as GM is not yet...  

Should a family take a loan out of their 401(k) to pay for braces that cost $5,000?These days, it might make sense.While you should avoid taking a 401(k) loan, you might have little choice when credit card companies are stingy, consumer loans are tight or priced high out of reach and home values are so low that some families can no longer take out a home-equity line of credit.INTEREST SAVINGSTwo economists at the Federal Reserve Board in...  

Mulally also told reporters at a briefing Friday on its new vehicles that Ford will keep its advantage over Chrysler and General Motors next year. Ford has gained sales and market share while its Detroit competitors were forced to take government aid ...  

Lebanese Prime Minister Saad Hariri with French Minister of Economy, Industry, and Employment Christine Lagarde at the Government palace in Beirut, Lebanon, yesterday. Paris: French Finance Minister Christine Lagarde announced on Friday a one-year ...