Mortgage and Financial News From 2008-6-13 Page 12
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Credit crunch, interest rates slowing economy - RBA boss - News.com.au
RESERVE Bank governor Glenn Stevens says tighter financial conditions, due to the global credit crunch and higher domestic interest rates, has helped slow domestic demand. Mr Stevens said these developments were having a "dampening effect on demand ...
2008-06-12 08:24:00 -
Singer Says Chances of Czech Rate Cut Fade on Inflation, Growth - Bloomberg
June 13 (Bloomberg) -- The Czech central bank may delay cutting interest rates because the inflationary impact of economic growth may be stronger than the bank forecast last month, Deputy Governor Miroslav Singer said. The bank on May 7 predicted the ...
2008-06-12 11:30:00 -
Australia's central bank governor points to continuing high interest ... - CNBC
SYDNEY (Thomson Financial) - Reserve Bank of Australia (RBA) governor Glenn Stevens has pointed to continuing high interest rates in Australia, arguing that a massive lift in the nation's terms of trade due to strong commodity prices means the ...
2008-06-12 11:09:00 -
Japanese 10-Year Bonds Slide on Concern Interest Rates to Rise - Bloomberg
June 13 (Bloomberg) -- Japanese bonds fell, pushing yields to the highest since July, on concern quickening inflation will prompt the Bank of Japan to raise interest rates later this year. Benchmark notes completed a fifth weekly decline after BOJ ...
2008-06-13 12:49:00 -
Bank of Japan keep rates steady, takes gloomier outlook on economy - International Herald Tribune
TOKYO : Japan's central bank kept its key interest rate unchanged Friday and took a slightly gloomier outlook on the nation's economy, pointing to weaker profits and sluggish exports. In its monthly economic report, the bank kept its overall ...
2008-06-13 01:46:00 -
Czech central banker Singer says still undecided on next rate decision - Forbes
PRAGUE (Thomson Financial) - Arguments for leaving Czech interest rates stable have so far been stronger than those for a hike, although that could change, a central bank policymaker was quoted as saying. In an interview with daily Hospodarske Noviny ...
2008-06-13 01:10:00 -
Bank of Japan keeps key interest rate unchanged - Newsday
TOKYO - The Bank of Japan on Friday left its key interest rate unchanged at 0.5 percent in a unanimous decision amid global economic uncertainty. The move, coming after a two-day meeting, was widely expected. Given soaring oil prices, a murky outlook ...
2008-06-12 11:37:00 -
(AFX UK Focus) 2008-06-13 09:49 Czech May PPI rises more than expected, adding to price pressure UPDATE (Interactive Investor)
(Recasts to add detail, analyst comment)
2008-06-13 01:51:42 -
East Toledo Marina District project financing revamped (The Toledo Blade)
The Finkbeiner administration and developer Larry Dillin have devised a new plan to finance the public part of long-touted and long-awaited Marina District development in East Toledo, which had appeared to be in limbo the last two weeks.
2008-06-13 01:52:00 -
13.06.2008 - DJ euro adhoc: Miba Aktiengesellschaft / quarterly or semiannual financial statement / First Quarter ... (4investors)
=------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
2008-06-13 01:52:02 -
Six Flags reduces debt by $130 million (Asbury Park Press)
Six Flags Inc., the second-largest U.S. amusement-park chain, reduced its debt by about $130 million and lowered annual cash interest through a bond-exchange offer to extend maturities.
2008-06-13 01:52:50 -
HUD: Plan will simplify mortgages (Asbury Park Press)
A single sheet of paper has the real estate industry in an uproar.
2008-06-13 01:53:20 -
Trash ordinance to cut off service for nonpayment (Worcester Telegram & Gazette)
GARDNER - City officials have tweaked the solid waste ordinance, after a legal opinion said they don't have to provide curbside trash pickup service to residents who don't pay their bills.
2008-06-13 01:55:17 -
Inflation touches highest point in UPA regime (Deccan Herald)
Inflation touched 8.75 per cent by May end, the highest during the UPA government's tenure, mainly due to rising prices of food articles and vegetable amid fears that the recent increase in fuel prices would push it past 9 per cent.
2008-06-13 01:56:00 -
Task force planning free mortgage clinic in Virginia Beach (The Virginian-Pilot)
VIRGINIA BEACH Homeowners who are struggling to pay the mortgage or are facing possible foreclosure can get help Saturday. A task force commissioned by Gov. Tim Kaine has scheduled a free mortgage clinic for financially troubled homeowners at Larkspur Middle School, 4696 Princess Anne R ...
2008-06-13 01:58:51