Finance counsels

Apartment vacancies in the Valley grew in the first quarter of 2008, even as record numbers of homeowners were losing their houses to foreclosure. Where people are moving is somewhat mysterious, given the results of a report released Wednesday by apartment consulting firm Hendricks & Partners.
Apartment vacancies were 10.3 percent for the […]

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Australian business investment growth probably slowed in the first quarter, adding to signs the highest borrowing costs in 12 years are prompting companies to review spending plans.
Capital spending rose 3 percent in the three months through March from the fourth quarter, when it gained 5.1 percent, according to the median estimate of 23 […]

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Currencies in Europe will benefit from record oil prices because of the region's energy efficiency, exports to oil-producing nations and vigilance against inflation, according to Barclays Capital.
The euro, the British pound, the Swiss franc, the Swedish krona and the Norwegian krone should perform “relatively well'' as oil prices rise, wrote David Woo, global […]

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Singapore's industrial production unexpectedly declined in April, the biggest drop in 10 months, as drug companies and electronic manufacturers reduced output.
Manufacturing, which accounts for a quarter of Singapore's economy, fell 5.7 percent from a year earlier, following a revised 18.1 percent gain in March, the Economic Development Board said today. Analysts predicted a […]

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China will issue three licenses for high-speed third-generation mobile phone services and called for a merger of China Unicom and Netcom, two of its four biggest telecoms providers, in a long-awaited industry revamp.
The government said on Saturday it would also call on China Telecom, the country’s biggest fixed-line telecoms carrier, to purchase wireless […]

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JN Automotive is showing off its latest line of ultra-luxury automobiles this weekend.
Bentley Honolulu will offer a preview of the luxury line of cars on Sunday to JN Automotive clients and Waialae Country Club members at a special showing at the country club.
JN Automotive is the exclusive dealer in Hawaii […]

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Time Warner Inc. announced Wednesday it will spin off its Time Warner Cable Inc. division in a $9.25 billion deal.
New York-based Time Warner Cable (NYSE: TWC) is the only cable operator in Hawaii with about 400,000 subscribers statewide. It operates under the Oceanic Time Warner Cable name.
The companies' boards have approved […]

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Galen College of Nursing has selected Joan Frey to become the school's new dean of nursing.
Frey most recently was director of the Division of Nursing at Aultman College of Nursing and Health Sciences in Canton, Ohio.
She has spent more than 20 years in the nursing profession, Galen said in a […]

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United Auto Workers officials on Sunday urged American Axle & Manufacturing Holdings Inc (AXL.N: Quote, Profile, Research) workers to ratify a contract that would cut wages by almost 40 percent, shutter three plants and end a three-month-old strike with a subsidy of $218 million from General Motors Corp (GM.N: Quote, Profile, Research).
Some 3,650 […]

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Alan Fabian, a Cockeysville entrepreneur facing criminal charges in an alleged $32 million computer leasing scheme, pleaded guilty Friday to counts of mail fraud and filing a false tax return.
The 43-year-old Fabian faces a maximum sentence of 30 years in federal prison and a $1 million fine on the mail fraud charge, […]

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