Mortgage and Financial News From 2008-6-2 Page 01
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European govt bonds off highs after better-than-expected U.S. economic ... - Forbes
LONDON (Thomson Financial) - European government bonds came off their daily highs, tracking Treasuries, after above-consensus U.S. economic data boosted views that the economic downturn may be stabilising. The U.S. manufacturing ISM indicator rose to ...
2008-06-02 09:23:00 -
House prices fall in ‘perfect storm’ - Business Day South Africa
RESIDENTIAL property prices are falling in real and nominal terms as a “perfect storm” of higher inflation, interest rates, and the National Credit Act come together to put increasing pressure on the market, according to the latest Standard Bank ...
2008-06-02 09:48:00 -
PM has own binge drink problem - Nelson - News.com.au
Young Labor accused of two day boozefest in Canberra PM 'should look in own backyard for binge drinking' Alcopop tax expected to raise extra $500 million PRIME Minister Kevin Rudd should look at his own backyard before lecturing the rest of Australia ...
2008-06-02 09:33:00 -
Investing: Keeping Inflation at Bay - BusinessWeek
So how should investors prepare for the possibility of a prolonged period of higher inflation? A simple option is Treasury Inflation-Protected Securities, bonds that keep up with rising inflation since the yield is indexed to the consumer price index ...
2008-06-02 09:55:00 -
Swan to tighten financial laws - News.com.au
Treasurer Wayne Swan and Corporate Law Minister Nick Sherry released a green paper on financial services regulation and credit reform at Parliament House this morning. "That's all about protecting mums and dads who are consuming financial services ...
2008-06-02 09:12:00 -
UAE PM says to keep dlr peg while serves interests-report - Guardian Unlimited
DUBAI, June 3 (Reuters) - The United Arab Emirates prime minister said his country will keep its currency pegged to the U.S. dollar so long as this policy serves its interests, the UAE official news agency WAM reported. "Sheikh Mohammed bin Rashid al ...
2008-06-02 10:59:00 -
Fight to protect home owners (Independent Online)
Legal action to make sure that the state goes the extra mile for people of the verge of losing their homes is underway.
2008-06-02 10:14:14 -
WRAPUP 1-Australia central bank steers steady course (Reuters via Yahoo! Philippines News)
* RBA keeps interest rates steady at 7.25 pct for third month
2008-06-02 10:26:26 -
Investors 'confident of Telstra moves' (The West Australian)
Investors who made final payments to the government for the third Telstra Corporation Ltd share sale were showing confidence in the strategy of building an integrated telecommunications company, according to chief financial officer John Stanhope.
2008-06-02 10:37:50 -
Gauging the Slowdown's Impact on Office Space (The New York Sun)
The biggest question in the minds of real estate executives is what effect the Wall Street layoffs and the prospect of a recession will have on New York City's commercial office marketplace. "Nearly 50,000 Jobs Slashed This Year: More Lehman Pain" a headline warned in the May 10 edition of the Wall Street Journal. On Tuesday, JPMorgan Chase announced that 50% of employees at Bear Sterns would be ...
2008-06-02 10:44:04 -
LI homeowners find home equity lines cut by lenders (Newsday)
Homeowners have been getting their home equity lines of credit frozen or pared down by lenders trying to cut risks.
2008-06-02 10:52:21 -
Curbing Inflation Must Be The Govt's Top Priority (Sin Chew Jit Poh)
Thailand's commerce ministry Monday (2 June) announced that the inflation rate last month rose by 7.6% year-on-year, the highest it's been in 10 years and five months.
2008-06-02 11:07:38 -
Rudd welcomes decision to keep rates on hold (Australian Broadcasting Corporation)
Prime Minister Kevin Rudd says the Reserve Bank's decision to leave interest rates on hold is a welcome reprieve for families.
2008-06-02 11:16:18 -
Asian Stocks Fall for First Time in Four Days; Banks Decline (Bloomberg.com)
June 3 (Bloomberg) -- Asian stocks fell for the first time in four days, led by banks and automakers, on renewed concern credit losses will widen and slow global economic growth.
2008-06-02 11:21:31 -
Australia cenbank says rates high enough for now (Reuters Finance News, Australia via Yahoo!7 Finance)
SYDNEY, June 3 (Reuters) - Australia's central bank left interest rates unchanged at 12-year highs for the third straight month on Tuesday, saying past tightening was working to cool consumption and restrain inflation in the long run.
2008-06-02 11:23:40