Mortgage and Financial News From 2008-6-1 Page 3
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Dollar Snaps Gain Against Yen Before Manufacturing, Jobs Data (Bloomberg.com)
June 2 (Bloomberg) -- The dollar snapped a five-day rally against the yen on speculation a report today will show U.S. manufacturing contracted for a fourth month, limiting the Federal Reserve's scope to raise interest rates.
2008-06-01 07:51:05 -
PNG Faces Loss Of More Than Half Of Its Forest By 2021: Report (Asia Pulse via Yahoo!7 News)
More than half of Papua New Guinea's forests could be lost or badly damaged by 2021 because of "wasteful" logging and population growth, an alarming new report has warned.
2008-06-01 08:15:36 -
June Monthly Precious Metals and Energy Review and Outlook (GoldSeek.com)
May has been the best month for the US dollar in 2008 against the major currencies. Crude oil prices were delinked from the US dollar and were unstoppable. The price of soft commodities like rice, wheat, soybean and maize seemed to have broken the gravitational force.
2008-06-01 08:17:40 -
The gods of greed - Guardian Unlimited
They promised economic stability, order and prosperity. But instead the world's bankers have delivered chaos, debt and uncertainty - and then blamed the feeble governments that surrendered control of the global economy to them. In the first of three ...
2008-06-01 04:55:00 -
Homeowners miss out as banks hoard Fed cuts - ArabianBusiness.com
The US Federal Reserve has lowered its interest rates seven times since September 18, 2007, bringing down the cost of borrowing to just 2%. The successive rate cuts should have sent mortgage rates tumbling in the UAE as banks benefited from cheaper ...
2008-05-28 05:57:00 -
Japan continues climb out of lost decade - Guardian Unlimited
It is healthy on occasion to visit a country that is not suffering a meltdown in its credit or housing market and where there is quiet confidence that the slowdown gripping Britain and the United States may leave it relatively unscathed. Having ...
2008-06-01 04:55:00 -
Dollar Snaps Gain Against Yen Before Manufacturing, Jobs Data - Bloomberg
Dollar Snaps Gain Against Yen Before Manufacturing, Jobs DataBloomberg - 9 minutes agoThe British pound fell the most in three weeks against the dollar on concern Bradford & Bingley Plc, the UK's biggest mortgage lender to landlords, ...
2008-06-01 07:25:44 -
Reuters Business Summary (Reuters via Yahoo! Malaysia News)
InBev close to financing for Anheuser bid: paper
2008-06-01 05:41:49 -
Tough Assignment: Find College Loans - Wall Street Journal
College students and their parents are scrambling to line up student loans for the fall amid fears that the broader credit crisis might put the squeeze on such lending. How bad could it be? That depends on what kind of loan you're looking for. Late ...
2008-06-01 01:49:00 -
US mortgage rates leap ahead - Financial Times
US mortgage rates soared last week amid a sharp rise in Treasury market yields, as investors started to bet that inflation pressures could prompt the Federal Reserve to raise interest rates later this year. The sell-off pushed rates on 30-year fixed ...
2008-06-01 11:40:00 -
ING makes ARM easier to refinance - San Francisco Gate
For many borrowers, adjustable-rate mortgages are too risky, even though the interest on such loans is usually fixed for five or seven years at a rate lower than that offered on 30-year fixed mortgages. An ARM rate can rise significantly after the ...
2008-05-30 05:55:00 -
Care home investors join battle over debts - Daily Telegraph
Bondholders in £1.4bn Four Seasons have waded into the battle between the care home chain's Qatari owners and its lender Royal Bank of Scotland. RBS is demanding Three Delta, the UK arm of sovereign wealth fund the Qatari Investment Authority (QIA ...
2008-06-01 04:55:00 -
Tamweel launches property investment subsidiary (Zawya)
Dubai, June 1, 2008: Tamweel PJSC, the largest provider of real estate finance in the UAE, announced today the establishment of Tamweel Properties & Investments LLC, a fully owned subsidiary that will focus on real estate investment and also offer brokerage services.
2008-06-01 04:28:54 -
Banks ready to move in (News Interactive)
BANKS will begin to call in insolvency practitioners as small businesses feel the effects of the credit crunch and higher interest rates, industry experts say.
2008-06-01 07:00:00 -
Credit counseling firm making payments late (Los Angeles Times)
2008-06-01 09:06:33