Mortgage and Financial News From 2008-6-26 Page 10
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Dollar steadies after fall on Fed rate outlook - Forbes
TOKYO, June 26 (Reuters) - The dollar steadied against the euro on Thursday after falling the previous day as a Federal Reserve statement prompted investors to trim expectations for an imminent interest rate rise to fight inflation. Against the yen ...
2008-06-25 10:17:00 -
FOREX-Dollar tumbles after Fed gives no clue about rates - Forbes
NEW YORK (Reuters) - The dollar fell broadly Thursday, nearing a three-week trough against the euro after the Federal Reserve held interest rates at 2 percent and dashed expectations of an imminent rate hike. While the Fed said inflation risks had ...
2008-06-26 06:17:00 -
BOE King:Interest Rates In Dollar-Pegged Asia Not Appropriate - FXStreet.com
LONDON (Dow Jones)--Interest rates in Asian countries pegged to the dollar are too loose and are fueling global commodity price rises, the governor of the Bank of England said Thursday. Many Asian currencies are directly or indirectly pegged to the U ...
2008-06-26 03:18:00 -
Interest hike hits fresh projects in automobile, real estate - MSN India
Mumbai: With another rise in interest rates imminent, India Inc's confidence on future investments and fund-raising has taken a hard knock. Companies are likely to shelve new projects which have not been closed financially as expensive bank credit ...
2008-06-26 04:30:00 -
European government bonds pare gains as inflation concerns reignited - Forbes
LONDON (Thomson Financial) - European government bonds pared gains after inflationary concerns were reignited, although losses were capped by data indicating that activity is likely to decline in the single currency zone. While the euro zone's M3 ...
2008-06-26 05:48:00 -
European Bonds Advance on Stocks Losses, Outlook for Fed Rates - Bloomberg
June 26 (Bloomberg) -- European government bonds advanced as stock losses fueled demand for the safest assets and investors bet the Federal Reserve will hold off raising U.S. interest rates until more evidence emerges that inflation is quickening ...
2008-06-26 06:39:00 -
ROUNDUP - Taiwan central bank raises key interest rates by 12.50 basis ... - CNBC
TAIPEI (XFN-ASIA) - The central bank said it will raise its key interest rates by 12.50 basis points, after taking into account rising inflation, modest economic expansion and still low real interest rates. Effective tomorrow, the discount rate will ...
2008-06-26 04:15:00 -
S&P cuts India 08/09 GDP growth forecast to 7.8 pct - Reuters India
MUMBAI (Reuters) - Standard and Poor's on Thursday cut India's economic growth forecast for the fiscal year that began in April to 7.8 percent from 8.1 percent, citing high inflation and rising interest rates. The central bank expects the gross ...
2008-06-26 04:30:00 -
Did Obama Dis Scarlett? Plus: A Utah warning for McCain - Slate
This seems inexplicably clumsy . Johansson's a supporter who helped make Obama a highly effective video. She probably thought she was helping Obama again when she told the press how impressed she was that he returned her emails. Surely there's a way ...
2008-06-25 10:50:00 -
Hey Uncle Sam, I Could Use A Little Help Too! - Gather.com
I'm generally a compassionate person. In fact, if you ask people who know me, they would probably tell you that is one of my strengths. I'm finding however, that every time I listen to reports about the housing market and what is being done ...
2008-06-25 08:20:00 -
Nationwide cuts interest rates on current accounts - Times Online
Nationwide is cutting the interest rates of its popular current accounts for customers who pay in less than £1,500 a month – fuelling concern that providers are creating a “second class banking system.” Britain’s biggest building society ...
2008-06-24 08:50:00 -
Risk and Return - AOL
Source: American Association of Individual Investors The table shows that, of the three major asset classes , stocks offered the greatest rates of return over the long term, but stocks were also the most volatile. Divided into holding periods of five ...
2008-06-25 09:13:00 -
Saving Monroe - AZCentral.com
New residents to the Valley may not know the historic Professional Building in downtown Phoenix had a cameo in Alfred Hitchcock's 1960 classic Psycho . This week, the structure had its own shower scene. The former headquarters of Valley National Bank ...
2008-06-26 06:24:00 -
Rating Game Redux - Forbes
The Securities and Exchange Commission is proposing to cut investors' reliance on credit ratings and force the major ratings agencies to disclose more and change the way they deal with Wall Street. It's a good start, but there's far more work to be ...
2008-06-26 03:11:00 -
Lennar Reports a Loss as Sales of New Homes Slump (Update1) - Bloomberg
June 26 (Bloomberg) -- Lennar Corp. , the second-largest U.S. homebuilder, reported its fifth straight quarterly loss as the company was forced to cut prices to attract buyers. The fiscal second-quarter net loss narrowed to $121 million, or 76 cents ...
2008-06-26 04:58:00