Mortgage and Financial News From 2008-1-20 Page 7

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  • Kevin Rudd’s plan to fight inflation

    National Business Review - Australian prime minister Kevin Rudd has announced a five-point plan to curb inflation, amid increasing fears that rising ... consumer and business spending, and looming personal tax cuts, are fuelling a crisis that will need substantial interest rate ...
    2008-01-20 07:16:00

  • Dollar stronger at noon but under pressure

    News.com.au - ... Australia Bank currency strategist John Kyriakopoulos said the softer number had dampened expecations of an interest rate rise in ... pressure late in the morning session, after reports said that the Bank of China was heavily exposed to the US sub-prime ...
    2008-01-20 05:57:00

  • Stock & fund quotes

    ninemsn - ... of its iron ore clients to secure an additional loan and assist in reducing the interest rate and increase the amount of debt it can borrow. "Admiralty has felt no effect from the subprime lending crisis and is experiencing keen interest from prime ...
    2008-01-20 06:19:00

  • Rudd's 5-point inflation plan

    News.com.au - In a speech to business leaders in Perth today, Prime Minister Kevin Rudd will outline the change as part of a dramatic ... attaching blame for the coming economic and political pain to the previous Government which, aside from a series of interest-rate ...
    2008-01-20 03:27:00

  • Australian prime minister announces plan to curb 'pressing challenge ...

    International Herald Tribune - CANBERRA, Australia : Prime Minister Kevin Rudd declared Monday that inflation is ... inflation which many economists believe will lead the central bank to boost interest ... The official cash rate is now 6.75 percent. Commercial banks are also ...
    2008-01-20 06:54:00

  • Need a can-do industrial policy - Economic Times

    Need a can-do industrial policyEconomic Times, India - 4 hours agoAlso needed is a competitive exchange rate, so as not to disincentivise manufacturing and production. Actually, a lower domestic interest rate regime would ...
    2008-01-20 03:42:17

  • Day of reckoning in the US glasshouse - Times Online

    Day of reckoning in the US glasshouseTimes Online, UK - 4 hours agoLow interest rates fed the bubble, but that was not enough: the chairman of the Fed actually encouraged people to take out variable rate mortgages (where ...
    2008-01-20 03:48:20

  • My seven-point plan to end the housing crisis - The Herald

    My seven-point plan to end the housing crisisThe Herald, UK - 3 hours ago"Teaser rates", which keep repayments artificially low for the first two years of a loan, should also be banned. Secondly, interest-only mortgages should be ...
    2008-01-20 04:08:53

  • Political will and the real sector in 2008 - Business Day

    Political will and the real sector in 2008Business Day, Nigeria - 3 hours agoThe Nigerian manufacturer pays some of the highest interest rates and back charges in the world. Even for special funds that sometimes promise lower coupons ...
    2008-01-20 04:10:17

  • Japan's economic goalkeeper nears final whistle - Tehran Times

    Japan's economic goalkeeper nears final whistleTehran Times, Iran - 3 hours agoAfter years of having zero interest rates, Fukui wants to bring Japan's rock-bottom interest rates to more normal levels to match Japan's economic strength ...
    2008-01-20 04:14:35

  • Thank you Lindsay - Business Spectator

    Thank you LindsayBusiness Spectator, Australia - 3 hours agoI doubt whether the current spending cuts will influence the February 5 interest rate decision – it will be depend on the latest rates of inflation. ...
    2008-01-20 04:19:21

  • TAP Contribution Rates Too Low - Bru Direct

    TAP Contribution Rates Too LowBru Direct, Brunei Darussalam - 3 hours agoEarlier, Permanent Secretary at the Prime Minister's Office Pengiran Dato Paduka Haji Ismail bin Haji Mohamed in his capacity as CSPS Chairman, ...
    2008-01-20 04:20:49

  • Admiralty Resources secures $22.8m funding - egoli.com.au

    Admiralty Resources secures $22.8m fundingegoli.com.au, Australia - 3 hours agoAdmiralty Resources NL (ADY) said it has negotiated a US$20 million ($22.8 million) note facility at an interest rate of 8% and a 720 day term with Cornell ...
    2008-01-20 04:28:57

  • North-American Montetary Integration: Here Comes the Amero - Center for Research on Globalization

    North-American Montetary Integration: Here Comes the AmeroCenter for Research on Globalization, Canada - 2 hours agoThe essential ingredient in this success was the official commitment of the central banks of these two countries to maintain the same interest rate as that ...
    2008-01-20 05:16:37

  • Dollar stronger at noon but under pressure - NEWS.com.au

    Dollar stronger at noon but under pressureNEWS.com.au, Australia - 2 hours agoNational Australia Bank currency strategist John Kyriakopoulos said the softer number had dampened expecations of an interest rate rise in February. ...
    2008-01-20 05:38:45

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