Mortgage and Financial News From 2008-5-30 Page 12
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Euro zone inflation rebounds to 3.6 percent in May - Forbes
BRUSSELS, May 30 (Reuters) - Euro zone inflation surged back to a historic peak of 3.6 percent in May, data showed on Friday, dampening the case for any interest rate cuts by the European Central Bank this year. Price growth in the 15 countries using ...
2008-05-30 02:10:00 -
Indonesian shares close flat in cautious trade ahead of May inflation ... - Forbes
JAKARTA (Thomson Financial) - Indonesian shares closed flat on Friday amid caution ahead of the release of May inflation data, which could hit double-digit levels due to the recent hike in subsidized fuel prices. The market mood was cautious as a ...
2008-05-30 03:50:00 -
Greece's Viohalco Q1 net drops 54.3 pct to 17 mln eur on higher ... - CNBC
ATHENS (Thomson Financial) - Greek metal holding company Viohalco SA said that first quarter group net profits dropped 54.3 percent to 17 million euros on higher financials, interest expenses and a higher effective tax rate, as well as lower ...
2008-05-30 03:50:00 -
Soaring wholesale borrowing cost threatens fixed-rate mortgages - Daily Telegraph
The cost of borrowing wholesale money over two years has shot up to over 6pc, threatening to push fixed-rate mortgage deals sharply higher in the coming months. In the latest sign that traders are betting the credit crisis will last far longer than ...
2008-05-30 12:58:00 -
Will Inflation Force Euro-Zone to Raise Rates? - CNBC
On the verge of the European Central Bank's 10 th anniversary, the news on inflation doesn't look good. Against the bank's target of "below but close to" 2 percent, euro-zone prices rose 3.6 percent in May, compared with the year ago, back to a ...
2008-05-30 03:43:00 -
Bangkok bank to raise interest rates on Monday - Reuters
BANGKOK, May 30 (Reuters) - Bangkok Bank PCL BBL.BK, Thailand's largest bank, said on Friday it will raise fixed-deposit rates by 12.5-100 basis points (bps) and loan rates by 37.5 bps, effective on June 2. Other banks were expected to follow Bangkok ...
2008-05-30 02:46:00 -
Dubai enters top ten most expensive office markets, CBRE Global Market Rents survey reveals (Zawya)
Dubai May 29, 2008 -- London's West End is once again the world's most expensive office market, but Dubai has now entered the top ten for the first time, according to CB Richard Ellis Group, Inc. (CBRE) Research's semi-annual Global Market Rents survey.
2008-05-29 09:29:25 -
'Don't waste tax return' says CU boss (AAP via Yahoo!7 News)
The lucky people who receive a tax return should use the money wisely and not spend it on frivolous items, the nation's largest credit union says.
2008-05-29 09:38:13 -
Savvy Shoppers (ThirdAge)
Members of the Florida Times-Union's e-mail group were recently asked how they are coping with rising prices. Here are some of their responses: Retirees Combine Their Trips to Save on Gasoline My wife and I are retired.
2008-05-29 11:03:40 -
Manatee man faces 30 years in fraud case (Bradenton Herald)
A University Park man is facing up to 30 years in federal prison and a $1 million fine for his role in what North Carolina authorities are calling a $124 million real-estate scam whose victims included more than a dozen Manatee County residents.
2008-05-29 10:02:28 -
Irish April Private Sector Credit +15.9% Vs +17.1% In March (The Forex Market)
DUBLIN (Dow Jones)--Irish private sector credit growth slowed in April, hitting 15.9% versus 17.1% in March, as residential mortgage growth continued to decline, the Central Bank of Ireland said Friday.
2008-05-30 03:13:17 -
Man indicted on fraud charges (Milwaukee Journal Sentinel)
The Brookfield owner of at least three Milwaukee gas stations has been indicted on federal fraud charges in connection with a home sale in Mequon and the leasing of a station five years ago, according to court documents released Thursday.
2008-05-29 10:33:33 -
Briefs: Prison tied to shooting (Daily Herald)
A Downers Grove man was sentenced Thursday to 10 years in prison for his role in a gang-related Addison shooting. Philip Valerio, 21, admitted encouraging a friend as the two were in a car to open fire May 25, 2007, on a rival gang member.
2008-05-29 11:16:26 -
Mortgage counseling offered (The Charlotte Observer)
If you're having trouble paying your mortgage, United Family Services wants to help. The agency recently got an $800,000 federal grant to counsel people on the brink of foreclosure. The catch: The money has to be used by the end of December. “Everything we do we've got to do in the next seven months,” said Bruce Hamlett, director of the organization's housing services program. He says ...
2008-05-30 03:27:56 -
MPs' plan to win over Middle England voters (Evening Standard)
Gordon Brown is facing radical demands from senior Labour MPs to 'strike a new deal' with Middle England by cutting fuel duties and ditching bin taxes and other unpopular policies.
2008-05-30 12:53:22