Mortgage and Financial News From 2008-1-1 Page 25

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  • After 11 percent loss in 2007, Tokyo shares to remain under ... - CNNMoney.com

    After 11 percent loss in 2007, Tokyo shares to remain under ...CNNMoney.com - 27 minutes agoThey are more wary of the pressure a prolonged period of low interest rates will put on the earnings of Japanese banks. Analysts generally expect the next ...
    2008-01-01 03:52:24

  • Bankruptcy for £100 to help poorest - The Herald

    Bankruptcy for £100 to help poorestThe Herald, UK - 18 minutes agoBut the impact of even the smallest loans or debts can be huge - especially as interest rates for Ninas are far higher than for most borrowers. ...
    2008-01-01 04:01:41

  • Little cheer, but let's hope no crash ahead - Telegraph.co.uk

    Little cheer, but let's hope no crash aheadTelegraph.co.uk, United Kingdom - 15 minutes agoIn his April 1988 budget he cut income taxes and in the first half of 1988 he reduced interest rates in order to maintain his exchange rate policy of ...
    2008-01-01 04:04:04

  • 2008: Doom, gloom and silver linings - Telegraph.co.uk

    2008: Doom, gloom and silver liningsTelegraph.co.uk, United Kingdom - 11 minutes agoGood news will come if the Bank of England's Monetary Policy Committee feels brave enough to cut interest rates in a series of steady steps over the next 12 ...
    2008-01-01 04:07:43

  • House price tide turns for new year - Telegraph.co.uk

    House price tide turns for new yearTelegraph.co.uk, United Kingdom - 9 minutes agoMuch depends on how quickly the Bank of England cuts interest rates and whether banks, bloodied from the credit crisis, follow suit. ...
    2008-01-01 04:10:41

  • Asian prices of DOP climb - Polymerupdate.com (subscription)

    Asian prices of DOP climbPolymerupdate.com (subscription), India - 6 minutes agoGains came in light of higher upstream 2EH values in the region coupled with strong buying interest from select parts, especially India. ...
    2008-01-01 04:12:58

  • Correction in property values on way (Financial Times)

    House prices are likely to fall year on year in 2008 for the first time since the 1990s recession, but even a sharp market downturn may have only a moderate impact on the broader economy, the responses from 52 econ omists suggest.
    2008-01-01 02:33:38

  • More needed to help stabilize U.S. housing: W.House (EARTHtimes.org)

    WASHINGTON (Reuters) - More steps by Congress and the Bush administration are likely needed to stabilize the imploding U.S. housing market, a senior White House official said on Tuesday, as more signs of distress appear.
    2008-01-01 02:36:01

  • Q2: How does the credit squeeze change the job of central banks? (FT.com via Yahoo! News)

    Alan Budd: The credit squeeze can mainly be thought of as a negative force on the UK and European economies. That requires conventional offsetting policies by central banks but it also requires at the moment direct actions in credit markets because of the freezing of some markets. There is nothing new in principle about that but the particular problems are novel.
    2008-01-01 02:45:17

  • Rising construction costs a challenge (The Star)

    Sunrise Bhd managing director Datuk Michael Yam views the rise in construction costs as a major challenge. RHB Banking Group managing director Michael Barrett, meanwhile, expects consolidation and regional expansion in the banking sector to continue attracting investor interest. Supermax Corp group managing director Datuk Seri Stanley Thai expresses concern about the brain drain affecting ...
    2008-01-01 03:27:40

  • Home sales up a bit, situation bleak (El Paso Times)

    WASHINGTON—Sales of previously owned homes nudged up in November, but that didn't improve the broader picture of a feeble housing market racked by record-high foreclosures and harder-to-get credit.
    2008-01-01 03:28:55

  • Top 10 stories of 2007 (InsideNoVa.com)

    Illegal immigration, transportation, the real estate bust and subsequent foreclosures were among the top stories we covered during 2007.
    2008-01-01 03:55:42

  • (AFX UK Focus) 2008-01-01 23:43 GMT: After 11 percent loss in 2007, Tokyo shares to remain under pressure in 2008 (Interactive Investor)

    TOKYO (Thomson Financial) - After a grim 2007, Japanese shares are expected to remain under pressure in the first half of 2008 as the US housing and credit market crisis persists, keeping the dollar weak against the yen and slowing growth in Japan's biggest overseas market.
    2008-01-01 03:56:46

  • Britons poised to fork out £93billion in interest payments in just one year (Evening Standard)

    Britain's interest repayments have soared by £12.7billion to a record £93billion a year - raising fears that many families' finances are spinning out of control.
    2008-01-01 04:02:12

  • More needed to help stabilize U.S. housing: W.House (KPLC Lake Charles)

    By Jeremy Pelofsky WASHINGTON (Reuters) - More steps by Congress and the Bush administration are likely needed to stabilize the imploding U.S.
    2008-01-01 04:09:09

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