Mortgage and Financial News From 2008-5-30 Page 8
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India's growth higher but no respite from price rise (IANS via Yahoo! India News)
New Delhi, May 30 (IANS) For a country getting ready for an imminent hike in fuel prices, Friday brought a mixed bag of news for its policy makers with economic growth tweaked higher to 9 percent for 2007-08, but inflation breaching the 8 percent mark to its steepest levels in three-and-a-half years.
2008-05-30 06:36:00 -
UPDATE: EU Juncker: High HICP Puts Competitiveness At Risk (The Forex Market)
(Adds further comments.) LUXEMBOURG -(Dow Jones)- High euro-zone consumer prices are putting the area's competitiveness at risk, Luxembourg Prime Minister and Finance Minister Jean-Claude Juncker told reporters Friday.
2008-05-30 07:13:52 -
ECB marks 10th birthday amid major challenges - Feature (EARTHtimes.org)
Berlin - The European Central Bank marks its 10th anniversary on Sunday amid challenges posed by renewed fears of inflation at a time when economic growth is slowing. ECB chief Jean Claude...
2008-05-30 07:30:21 -
How to Save Your Home from Foreclosure (Richfield Reaper)
(ARA) - Are you two months or more past due on your mortgage payments and sweating it out? If so you're not alone.
2008-05-30 07:30:22 -
Delegates At Tokyo Conference Discuss Ways To Address Health Issues, Including HIV/AIDS, In Africa (Medical News Today)
About 2,500 delegates from 52 African countries, United Nations agencies and aid groups met Wednesday in Yokohama, Japan, for the fourth Tokyo International Conference on African Development to discuss strategies aimed at solving health issues, including HIV/AIDS, and other challenges on the continent, the Kyodo News reports (Tang, Kyodo News, 5/27).
2008-05-30 08:10:58 -
Things You May Have Missed This Week (The Motley Fool)
Oil prices have fallen back, but it was too little too late for Silverjet.
2008-05-30 09:08:00 -
5 Reasons to Avoid 401(k) Debit Cards (US News & World Report)
High fees and penalties can gnaw away at your nest egg.
2008-05-30 09:10:35 -
Dollar lower on credit data - News.com.au
THE dollar was weaker at noon after disappointing private sector credit data pushed the currency to its lowest point in 11 days. At 12pm (AEST), the Australian dollar was trading at $US0.9535/40, down from yesterday's close of 0.9605/08. During the ...
2008-05-29 07:29:00 -
Heads up: Oil price falls more than $4 - Kansas City Star
Light, sweet crude for July delivery fell $4.41 and settled at $126.62 a barrel after the Energy Department said unexpected declines in crude oil supplies last week were due to temporary delays in unloading oil tankers along the Gulf Coast. It was ...
2008-05-28 05:57:00 -
U.K. Bonds Rise as Consumer Confidence Declines to 18-Year Low - Bloomberg
May 30 (Bloomberg) -- U.K. government bonds rose, paring the two-year note's biggest monthly drop in 13 years, after an industry report showing the weakest consumer confidence since 1990 stoked demand for the safest assets. Gilts snapped two days of ...
2008-05-30 07:32:00 -
Rate hike unlikely next week (News Interactive)
SIGNS the economy is slowing down means the Reserve Bank is likely to keep rates steady at 7.25pc when it meets next week.
2008-05-29 09:05:00 -
Cosatu and investors in alarm over Mboweni rate threat (Independent Online)
Consumers and investors took fright after Reserve Bank governor Tito Mboweni threatened to raise interest rates by another 2 percentage points when the monetary policy committee meets in two weeks' time.
2008-05-29 09:24:41 -
Rates won't rise just yet: economists (The West Australian)
There is little doubt the average household is feeling the pinch from record petrol prices, high food prices, and 12-year high interest rates.
2008-05-29 10:39:13 -
Libor Fix May Prove Elusive to BBA as Banks Offer Solutions (Bloomberg.com)
May 30 (Bloomberg) -- The group that sets the London interbank offered rate can restore its credibility by following the example of Australia and New Zealand, said Morgan Stanley. Or, the British Bankers' Association could look to the U.S., according to UBS AG and Credit Suisse Group.
2008-05-30 01:15:56 -
House prices now falling at fastest rate since early 1990s (Belfast Telegraph)
House prices fell by 2.5 per cent during May, the fastest rate of decline since the housing recession of the early 1990s and the seventh successive month of falling values.
2008-05-30 03:13:09