Mortgage and Financial News From 2008-2-22 Page 19

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  • UPDATE 3-Gold near record, platinum hits historic high

    Forbes - The dollar was within sight of a two-week lows versus the euro after data showing the weakest regional factory activity since the last U.S. recession in 2001 boosted expectations for a large Federal Reserve interest rate cut. [ID:nT8241]
    2008-02-22 02:38:00

  • Dow Falls Nearly 143 on Bleak Indicators

    Baltimore Sun - Investors have already been pricing in another interest rate cut -- perhaps up to half a percentage point -- after minutes from the Federal Reserve's last policy-setting meeting indicated central bankers will remain vigilant about the economy.
    2008-02-22 12:07:00

  • LDP Proposes Muto as Next BOJ Head, LDP Lawmakers Say (Update2)

    Bloomberg - Investors see a 32 percent chance of a rate cut by December, according to calculations by JPMorgan Chase & Co. based on overnight interest-rate swaps trading.
    2008-02-22 12:29:00

  • Dollar near 2-week lows in Philly Fed aftermath

    Reuters - In contrast, investors have recently scaled back their expectations for interest rate cuts in the euro zone -- in part due to the European Central Bank's ongoing inflation concerns.
    2008-02-22 12:29:00

  • HK bank calls end to interest rate cuts

    Stockhouse Canada - Hong Kong banks are likely to stop cutting interest rates even if United States borrowing costs fall further, HSBC Holdings Plc's head of Asia-Pacific said. Hong Kong banks may refrain from reducing rates because of inflationary pressures in the city ...
    2008-02-21 10:27:00

  • Sensex falls 375 points at noon

    Hindustan Times - The Bombay Stock Exchange benchmark Sensex tumbled at mid-session on Friday as shares, mainly in the banking sector, fell on concern that recent cuts in interest rate might have a negative impact on earnings of banks. The Sensex, which had opened ...
    2008-02-22 01:12:00

  • Dollar pushes above 92 US cents

    News.com.au - THE dollar closed higher today, above $US0.9200, as traders braced themselves for another interest rate rise next month. Another monetary policy tightening in March could see the domestic currency surge past $US0.9400 for the first time since 1984.
    2008-02-22 12:07:00

  • Rupee eases on concerns about equity outflows

    Reuters India - MUMBAI (Reuters) - The rupee eased on Friday on concerns that overseas investors would withdraw funds from a falling stock market, though the prospect of further interest rate cuts by the U.S. Federal Reserve offered some support. At 9:50 a.m., the ...
    2008-02-22 12:07:00

  • Recession may be around the corner (The Gainesville Sun)

    Data show conditions near those that historically precede recessions.
    2008-02-22 03:12:29

  • Europac to Increase Paper Prices as Demand Outpaces Production (Bloomberg.com)

    Feb. 22 (Bloomberg) -- Papeles & Cartones de Europa SA, Iberia's second-largest maker of paper used for packaging, plans to increase prices this year as demand outstrips supply.
    2008-02-22 03:13:29

  • 'Gone' good, 'Blood' flows and 'Sonny' gets blue (Inside Bay Area)

    AS USUAL, Bay Area stages are alive and full of interesting, varied work.
    2008-02-22 03:14:12

  • Guest Shot: Appalled at Legislatures effort on payday lending (Hampton Union)

    I am a payday loan officer in Manchester. I have been very active with the current bill (HB 267) that has gone through both the House and the Senate.
    2008-02-22 03:15:46

  • Golden State Mortgages May Tarnish Wachovia (TheStreet.com)

    The bank's $120 billion in option ARMs are in danger as plunging home prices in California lead many buyers to walk away from loans.
    2008-02-22 03:15:55

  • Adults give it that new college try (The Philadelphia Inquirer)

    John Galvin skulks around a lot of colleges campuses on a mission: to find the best professors for One Day University, a new venture that caters to adults eager to relive their college days - if only for a few hours - without the high cost, homework or hangovers.
    2008-02-22 03:15:57

  • Stock Upgrades, Downgrades From TheStreet.com Ratings (TheStreet.com)

    DryShips, Zimmer Holdings, Ross Stores upgraded; United Therapeutics, Platinum Underwriters downgraded.
    2008-02-22 03:16:14

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