Mortgage and Financial News From 2008-7-30 Page 6
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Emerging FX-Won buoyed by lower oil, ringgit hits 3-week low - Reuters India
SINGAPORE, July 28 (Reuters) - The South Korean won and Philippine peso edged up with the help of lower oil prices on Monday, but the Malaysian ringgit weakened after the central bank surprised markets by holding interest rates steady. The won
2008-07-28 03:09:00 -
RBI hikes repo rate by 0.50 per cent, CRR by 0.25 per cent to contain ... - New Kerala
The Finance Mnistry said that the Government expects that the measures taken by the RBI will help in moderating and containing inflation. The RBI also lowered economic growth projection to 8 per cent from its earlier forecast of 8-8.5 per cent in the ...
2008-07-29 09:16:00 -
RBNZ Governor Says Inflation Over Medium Term To Be Within Target Band ... - RTT News
(RTTNews) - Inflation and inflation expectations in New Zealand over the medium is expected to be within the central bank's target band despite the current shocks the economy is facing, the Reserve Bank of New Zealand Governor Alan Bollard said ...
2008-07-30 01:26:00 -
Fed's Stern Says Credit Crunch Will Last for Months: FT Link - Financial Times
The credit squeeze in the US economy is likely to persist for many months and might even get worse, Gary Stern, president of the Federal Reserve Bank of Minneapolis, has told the Financial Times. He said that with interest rates at 2 per cent the Fed ...
2008-07-26 05:59:00 -
Bank defies Tehran over lower rates - Financial Times
Iran’s central bank has struck a blow to the populist policies of president Mahmoud Ahmadi-Nejad and decided not to lower interest rates further following months of power struggle. The chief bank governor, Tahmasb Mazaheri, notified banks at the ...
2008-07-26 05:59:00 -
UPDATE 1-RBNZ's Bollard says sees room for further easing - CNBC
SYDNEY, July 30 (Reuters) - New Zealand's central bank sees plenty of room for further interest rate cuts as the economy weakens and current inflation pressures ease, Reserve Bank of New Zealand Governor Alan Bollard said on Wednesday. Bollard said ...
2008-07-29 10:27:00 -
Fitch: U.S. Auto Lease ABS Ratings Facing Stiff Headwinds (Business Wire via Yahoo! Finance)
NEW YORK----The recent announcements by the financing arms of Chrysler, GM and Ford regarding the discontinuation or overhaul of their auto lease programs underscores the impact of rapidly declining vehicle resale values, according to Fitch Ratings.
2008-07-30 10:45:00 -
Vonage Will Burn Your Portfolio (The Motley Fool)
However much you love the service, this stock still stings.
2008-07-30 11:15:28 -
Bks, Credit Unions Concerned About US House Credit-Card Bill (Nasdaq)
WASHINGTON -(Dow Jones)- Banks and credit unions are loudly voicing their concerns about strict new curbs on credit-card billing and marketing efforts to be considered as early Wednesday by a U.S. House committee.
2008-07-30 11:18:08 -
Hope Now reports record mortgage workouts (CNNMoney.com via Yahoo! Finance)
A record number of American homeowners are seeking - and getting - help to solve their mortgage woes.
2008-07-30 11:20:00 -
Suparna Karmakar: (Business Standard India)
It was always foolhardy to expect the US and the EU to want to genuinely open up at a time their economies are in deep trouble. Another round of Doha WTO talks ended yesterday without an agreement.
2008-07-30 11:22:41 -
Fitch Takes Various Actions on Addison CDO, Ltd./Corp. (Centre Daily Times)
Fitch Ratings upgrades three, affirms three, and downgrades three classes of notes issued by Addison CDO, Ltd./Corp. (Addison). The following rating actions are effective immediately:
2008-07-30 11:26:41 -
Report shows confidence plunging in euro area (International Herald Tribune)
Business and consumer confidence plunged in the euro area in July, hitting the lowest level in more than five years, the European commission said Wednesday.
2008-07-30 11:31:35 -
Conn. sues 3 credit rating agencies (Boston Herald)
HARTFORD - Connecticut sued three of the nation's leading credit rating firms today, alleging they gave artificially low credit ratings to cities and towns that ultimately...
2008-07-30 11:32:47 -
GM to drop leasing deals in Canada - Vancouver Sun
The reverberations from ongoing U.S. market turmoil will be felt Friday at the General Motors dealership nearest you after the struggling automaker said it would no longer offer leasing incentives for new cars in Canada. GMAC Financial Services, the ...
2008-07-29 02:13:00
