Mortgage and Financial News From 2007-10-14 Page 01

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  • PM promises tax cuts for all

    News.com.au - It will attract key people back to this country to work somewhat like reinstating boards back into the hospital system.Jim, demand is caused by people spending, a little restraint and investment by everyone will curtail interest rate rises and place ...
    2007-10-14 09:29:00

  • Philippine Bonds, Peso Decline on Plan to Sell More Local Debt

    Bloomberg - The local currency's decline was the first since the central bank on Oct. 4 said it would cut its key interest rate, which buoyed stocks and lured overseas investors to local assets. Debt Sale Bonds also fell on speculation ...
    2007-10-14 09:51:00

  • Uganda: Officials Steal Interest On Banked Govt Money

    AllAfrica.com - We have received your offer to renew the same on 30 days term deposit at an interest rate of 4 per cent and decide to instruct you as follows; 1) Convert Uganda Shillings 867, 500, 000 to US$500, 000 at agreed exchange rate of Uganda Shillings 1,735 ...
    2007-10-14 10:48:00

  • Howard to Woo Australia Voters With Jobs, Economy (Update1)

    Bloomberg - Still, voters have been angered by five interest rate increases since Howard won the 2004 election on a pledge to keep interest rates low. He has also introduced laws reducing union power in wage negotiations. Howard points to the 430,000 ...
    2007-10-14 05:47:00

  • Finance chiefs to probe global interest rate woes

    Gulf Daily News - WASHINGTON: Global finance chiefs gather this week with the impact of US housing and credit woes spreading worldwide, exchange rate tensions rising and new agendas being carved out at the IMF and World Bank. Meetings of the Group of Seven finance ...
    2007-10-14 06:23:00

  • Dollar Near Nine-Week High Against Yen Before Bernanke's Speech

    Bloomberg - Futures traders have trimmed bets that the Fed will cut its benchmark interest rate for a second time this year. ``The dollar is starting to stage a comeback,'' said Tsutomu Soma, a bond and currency dealer at Okasan Securities Co. in ...
    2007-10-14 10:12:00

  • Dollar firm on U.S. optimism

    Boston Globe - HONG KONG (Reuters) - Asian stocks pared early gains on Monday, pausing after their recent rally, while the dollar held firm as strong U.S. retail sales data prompted investors to trim bets of further U.S. interest rate cut. The upbeat U.S. report ...
    2007-10-14 05:11:00

  • IR laws leave bad taste, but they're good for you: PM

    News.com.au - Mr Howard also said he had never promised that interest rates would "never move", only that they would remain lower under a Coalition rather than a Labor government. "I'll be talking about the interest rate issue during the campaign," he said. Share ...
    2007-10-14 09:43:00

  • NZ Inflation Cools, Kiwi Drops from 11-Week High

    CNBC - NZD-TN   Loading...       ( %)   ] , which has been supported by the country's high official interest rate of 8.25%, more than half a cent down from an 11-week high of $0.7787. The yield on the December bank bill contract settled 4 basis ...
    2007-10-14 09:22:00

  • Australian dollar opens at 23-year high

    News.com.au - THE dollar opened at its strongest level since 1984 today to start the week well above 90 US cents as an optimistic outlook for the global economy fuelled demand for high interest rate currencies. The Australian dollar then reached a new 23-year high ...
    2007-10-14 07:27:00

  • GLOBAL MARKETS - Dollar firm on U.S. optimism, stocks off highs

    Reuters India - HONG KONG (Reuters) - Asian stocks pared early gains on Monday, pausing after their recent rally, while the dollar held firm as strong U.S. retail sales data prompted investors to trim bets of further U.S. interest rate cut. The upbeat U.S. report ...
    2007-10-14 09:01:00

  • New Zealand Dollar Falls After Slower-Than-Expected Inflation

    Bloomberg - Interest-rate futures suggest traders see a 32 percent chance the Fed will cut the rate a quarter-point to 4.5 percent when they meet Oct. 31. New Zealand government bonds were little changed. The yield on the two-year note rose 1 basis ...
    2007-10-14 09:15:00

  • N.Z. Inflation Slows, Stemming Need for Higher Rates (Update6)

    Bloomberg - Oct. 15 (Bloomberg) -- New Zealand's inflation rate slowed more than the central bank predicted in the third quarter, adding to signs that Governor Alan Bollard can avoid raising interest rates for the fifth time this year. New Zealand's dollar fell ...
    2007-10-14 09:22:00

  • Put ARM questions to your lender

    Detroit News - With the Fed lowering rates, you may see the interest sink on your adjustable rate mortgage. Q . My adjustable rate mortgage just reset. Since then the Fed has reduced interest rates. My first payment at the new rate is due Nov. 1. My question is ...
    2007-10-14 10:41:00

  • China 7-day repo rate set at 2.3100 pct vs 2.2337 pct

    Forbes - CFETS began the daily fixing of overnight and seven-day repurchase rates in March 2006 to provide a reference for derivatives such as interest rate forwards, swaps and short-term interest rate futures. ivy.cheng@xinhuafinance.com ic/kmq xfnic/xfnkm ...
    2007-10-14 09:22:00

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