Hawaii Senate Democrats name leaders

The Hawaii Senate on Thursday announced its leadership and committee chair assignments for the 2009 session.
Colleen Hanabusa will begin her third term as Senate president in January, with Russell Kokubun as the new vice president. Gary Hooser remains majority leader.
The majority technology leader, a new position, will be David Ige.
Other Senate leaders and chairs are:
• […]

TBJ poll: Readers prefer McCain to Obama for president

North Carolina might be a battleground state in the race for president, but John McCain has a comfortable lead over Barack Obama in an unscientific poll of Triangle Business Journal readers.
From Oct. 29 through Nov. 3, visitors to TBJ’s Web site were asked, “Who do you support in the election for president?â€
Some 1,753 people responded […]

U.K. Home Prices Drop as Economy Nears `Abyss,' Rightmove Says

U.K. house prices posted the biggest annual decline in at least six years in October as the British economy stared “into the abyss,'' Rightmove Plc said.
The average asking price for a home fell 4.9 percent from a year earlier, the most since records began in 2002, to 229,691 pounds ($398,000), Britain's most-used property […]

Bush, Uribe Urge U.S. Congress to Approve Free-Trade Agreement

President George W. Bush and Colombian president Alvaro Uribe urged the U.S. Congress to approve a free-trade accord that was signed two years ago, and said they hope the next U.S. president will take up the matter.
“It’s in our economic interest that we have free trade,” Bush said after meeting with Uribe. “Yet […]

Fannie, Freddie

The boards of mortgage finance companies Fannie Mae and Freddie Mac were set to meet on Saturday to discuss a government plan to place the companies under federal control, sources said.
The U.S. Treasury Department plan to put the two government sponsored enterprises, which own or guarantee almost half of the country’s $12 trillion in […]

Japan Not Planning to Sell New Debt to Fund Package, Ibuki Says

Japan's government isn't considering selling new bonds to fund an economic stimulus package that will be unveiled next week, Finance Minister Bunmei Ibuki said.
“I'm not making the assumption that the government will issue bonds'' to finance the relief measures, Ibuki said at a press conference in Tokyo today. He said the package may […]

Some Beijing Olympics tickets may be phony

Attorney General Hardy Myers is warning Oregon consumers of bogus Internet Web sites marketing tickets for the upcoming Beijing Olympics.
"We have received numerous complaints of consumers paying thousands of dollars for tickets they’ve never received," Myers said. "In the final lead up to the start of the Olympics next month, phony ticket […]

Darling Should Rule Out Fannie Mae-Style Agency, Report Shows

The U.K. Treasury should rule out creating a government-backed agency like Fannie Mae of the U.S. to bolster mortgage funding, a study for Chancellor of the Exchequer Alistair Darling will show today.
Former HBOS Plc Chief Executive James Crosby, who was asked by Darling in April to consider improvements to the home-loan market, will […]

Japan

Japan's exports fell for the first time in more than four years as demand for cars and electronics cooled, signaling the U.S. slowdown is spreading to the emerging markets that helped sustain growth.
Exports decreased 1.7 percent in June from a year earlier, the Finance Ministry said today in Tokyo. The median estimate of […]

Iron Chef Sakai to help raise funds at Chefs du Jour

Organizers of the annual Easter Seals Hawaii Chefs du Jour hope the appearance of "Iron Chef" Hiroyuki Sakai at this year's fundraiser will help raise $200,000 for the charity, topping last year's net sales of $192,000.
The Chefs de Jour event takes place on Saturday, June 21, in Tamarind Park.
Chefs du […]