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Czech central bank cuts 2008, 2009 public finance deficit forecasts UPDATE

PRAGUE (Thomson Financial) - The Czech central bank has cut its public finance deficit forecasts for this year and next after including the effect of domestic fiscal policy in its new macroeconomic forecast.

Which MFs to buy now?

If one has a long term investment horizon and have appetite for near term risk, then one should look at adding equity funds in one's portfolio. The long terms returns from these incidentally as of now are tax free. But even if there were to be a tax, the

Fortis 1Q profits fall 31 percent on asset decline

The bank and insurance company Fortis NV said Tuesday its first-quarter earnings fell by 31 percent, as its investments soured and assets declined in value amid market turmoil.

Empire Life Appoints Executive Vice-President and New Chief Financial Officer

Leslie C. Herr, MBA, CFP, CLU, CH.F.C., President and Chief Executive Officer of The Empire Life Insurance Company has appointed Michael C. Schneider, FSA, FCIA, as Executive Vice-President, Finance, effective June 1, 2008.

China revolution: Chinese multinationals, banking, tech, finance, outsourcing, insurance

Get inside stories and analysis on profiting from rising Chinese trade, yuan and stock market? How do over a half million international companies make profits in China? What is really inside Chinese society, banking, management, outsourcing, education, po