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July 30 (Bloomberg) — Bank of Japan board member Tadao Noda said the central bank shouldnt end its emergency credit programs prematurely because that could stymie a recovery.
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July 27 (Bloomberg) — Ambac Financial Group Inc. said its bond insurance unit, Ambac Assurance Corp., expects to report statutory impairment losses on credit derivatives increased by about $1.6 billion in the second quarter to about $4.9 billion.
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Corporate credit conditions improved in the second quarter of the year, partly as a result of asset purchases by the Bank of England, the central bank said on Monday.
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Hackers have broken into Web servers owned by domain registrar and hosting provider Network Solutions , planting rogue code that resulted in the compromise of more than 573,000 debit and credit card accounts over the past three months, Security Fix has learned. Herndon, Va. based Network Solutions…