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Finance Board weighs transitway audit
STAMFORD -- The Board of Finance is weighing whether to audit the first phase of the Stamford Urban Transitway , which city officials now say cost more than $68 million.
www.stamfordadvocate.com

Kuwait Finance House May Invest in Islamic Banks in Asia, Al-Anba Reports
Kuwait Finance House (Malaysia) Bhd., a unit of Kuwait’s biggest Islamic bank, is in talks with institutions in Japan to form “strategic alliances” for Islamic banking deals, Al-Anba reported, citing unidentified people familiar with the matter.
www.bloomberg.com

Gulf Finance House to Complete $300 Million Jordan Gate Project Early 2011
Gulf Finance House said the $300 million Jordan Gate property development project in Amman will be completed in early 2011, according to an e-mailed statement from the Bahrain-based investment bank.
www.bloomberg.com

Japanese Finance Minister warns about yen
Japanese Finance Minister Yoshihiko Noda said on Saturday Tokyo would take decisive steps to stem the yen's rise when needed, while suggesting that coordinated currency market intervention was a difficult option.
www.stuff.co.nz

Islamic finance must diversify: Analysts
KUWAIT CITY: Islamic finance, which prohibits charging interest, is set to double in size in five years, but the one-trillion-dollar industry must diversify and regulate to realise its full potential, analysts and economic reports say.
www.btimes.com.my

Italy Finance Minister Rules Out New Budget Measures, Repubblica Reports
Italian Finance Minister Giulio Tremonti said in an interview with la Repubblica that no new budget measures are needed this year.
www.bloomberg.com

Japan Finance Minister Noda Says Coordinating Yen Intervention `Difficult'
Japanese Finance Minister Yoshihiko Noda said it would be “difficult” to gain support for international coordination to halt the yen’s gains, signaling any sales of the nation’s currency would have to be unilateral.
www.bloomberg.com

Finance Ministry says defrauded by staffer
The Dutch Finance Ministry Thursday acknowledged it was defrauded out of more than 160,000 euros ($204,800) earlier this year by an employee of the ministry unit that handles the state's financing needs.
news.yahoo.com

Finance committee travels province
The Select Standing Committee on Finance and Government Services announced today its plans for conducting provincewide budget consultations. The process will be based on the Budget 2011 Consultation Paper, which will be presented by the Minister of Finance to the Committee on September 15. “We encourage interested individuals and organizations to make a contribution to this important process ...
www.bclocalnews.com

NDP finance critic filing complaint against Hansen
NDP finance critic Bruce Ralston is planning to file a formal complaint alleging that Finance Minister Colin Hansen misled legislature about pre-election discussions concerning the HST.
www.ctvbc.ctv.ca

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