Mortgage and Financial News From 2008-7-16 Page 10
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Bank could still cut rates if economy slows - Reuters UK
LONDON (Reuters) - Financial markets are still betting the next move in interest rates will be up but the Bank of England could be readying itself to cut rates in August in case the economy keeps slowing down. Most economists polled by Reuters this ...
2008-07-14 08:26:00 -
Your Money: There are no scholarships for paying bills (Juice)
QUESTION: It seems our income is being eaten up, especially with the rise in gas and food prices. We are getting by, but we cannot save for...
2008-07-16 02:16:29 -
New way for banks to get VND capital (Vietnam Net)
VietNamNet Bridge – The State Bank of Vietnam has given the green light to commercial banks to use an absolutely new mechanism to access capital from the State Bank.
2008-07-16 02:16:55 -
RP trims H1 budget deficit, no cause for cheer (ABS-CBNNEWS.com)
The Philippines clocked up its third straight monthly budget surplus in June as it held back spending plans that could help support the economy in a year when growth is expected to falter.
2008-07-16 02:19:06 -
Sholeh Patrick (Coeur d'Alene Press)
Rising medical and insurance costs in a sagging economy is a tough combination. Healthcare isn't exactly a luxury, but lean times and higher payouts lead some to avoid needed healthcare.
2008-07-16 02:20:45 -
Bank customers each pay £152 a year through charges on 'complex' current accounts (Evening Standard)
Britain's high street banks earn £8.3billion from current accounts that are too complex and lack transparency, a damning report by the Office of Fair Trading claimed today.
2008-07-16 02:21:19 -
U.K. Unemployment Jumped the Most Since 1992 in June (Update1) (Bloomberg.com)
July 16 (Bloomberg) -- U.K. unemployment jumped the most in June since the aftermath of the last recession in 1992, a sign Britain's economic growth is faltering as companies cut jobs and stop hiring.
2008-07-16 02:21:42 -
Boomerang Vacationers Return to Familiar Fun Year after Year (Carteret County News-Times)
(ARA) - It may be true that you "can't go home again" to recapture the comfort of a simpler time, but a growing number of Americans are enjoying the comforts of returning to familiar places when they vacation.
2008-07-16 02:25:08 -
News Brief (Ekklesia)
Members of the United Reformed Church have been asked to look more carefully at what they eat and where they buy, in order to help protect the income and way of life of British farmers.
2008-07-16 02:25:20 -
Are SA consumers realistic? (Pretoria News)
Consumer confidence in SA remains stubbornly optimistic, according to a survey released in Johannesburg on Wednesday.
2008-07-16 02:25:53 -
Dollar Declines Against Euro, Yen; U.S. Banks May Report Losses (Bloomberg.com)
July 16 (Bloomberg) -- The dollar dropped to near a record low against the euro and weakened versus the yen on concern U.S. bank losses and writedowns will increase this week, further eroding confidence in the financial system.
2008-07-16 02:26:32 -
Scots banking giants suffer new lows - Scotsman.com
SHARES in Royal Bank of Scotland and HBOS fell to multi-year lows yesterday, as fears mounted about RBS's ability to sell its insurance division and HBOS was caught up in the woes from the mortgage market in the US. RBS's shares fell 11 per cent ...
2008-07-15 06:26:00 -
US financial shares drop over bank failures - Freshnews
US stocks fell Monday, sending financial shares plummeting to their biggest drop in eight years, spurred by regional bank failures. US banking customers were left with many questions over the weekend after the assets of California-based US mortgage ...
2008-07-15 10:44:00 -
Kill the competition: FTSE plunge ... Shorts ban ... Broadband plan - Times Online
The Times : More than £30 billion ($60 billion) was wiped off the value of Britain’s biggest companies as hysteria in the US banking crisis hit new levels . Bloomberg : The US Securities and Exchange Commission has banned naked short selling of ...
2008-07-15 11:20:00 -
Mortgage insurers push to keep zero-down loans - Windsor Star
Private mortgage insurers are pushing for ways to keep no-money-down mortgages alive and are set to meet with Department of Finance officials in the next two weeks to discuss possible options, sources indicate. The move comes after Ottawa cracked ...
2008-07-14 05:59:00