Mortgage and Financial News From 2008-10-16 Page 01
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Salmond lays blame for ‘Downing Street downturn’ on Brown - Herald
First Minister Alex Salmond has said a message needs to be sent to the Prime Minister to get the country out of what he labelled "the Downing Street downturn". Opening the SNP conference in Perth yesterday, Mr Salmond repeated his demand for £1bn of ...
2008-10-16 10:54:00 -
California bonds sold well despite nationwide credit crunch - Xinhua News Agency
LOS ANGELES, Oct. 16 (Xinhua) -- California has successfully sold 5 billion U.S. dollars of short-term bonds, ending earlier concerns that the state would run out of cash by the end of this month amid the current credit crunch, officials said ...
2008-10-16 08:30:00 -
Fitch Rates Philadelphia School District (Pennsylvania) $397MM GOs 'A ... - PR Inside
- Fitch Ratings assigns an 'A+' rating to the School District of Philadelphia, Pennsylvania's (the district) approximately $284.4 million general obligation (GO) bonds, series E of 2008 and $112.7 million GO refunding bonds, series F of 2008 based on ...
2008-10-16 08:52:00 -
Fitch Rates San Diego County, California's 2008 POBs 'AA'; Outlook ... - PR Inside
--San Diego Regional Building Authority COPs at 'AA'. The Rating Outlook is Stable. Based on a review of the interest rate provisions, cure period, and amortization schedule specified in the documents governing the bank bonds, Fitch believes that the ...
2008-10-16 08:30:00 -
Rates forecast to drop to 4.5pc by mid-2009 - Australian Broadcasting Corp.
The ANZ Bank expects interest rates to fall to 4.5 per cent by the middle of next year. Earlier this month, the Reserve Bank of Australia (RBA) cut the cash rate by one percentage point from 7 to 6 per cent. Financial markets are expecting official ...
2008-10-16 06:00:00 -
Chile holds interest rates steady - Financial Times
Chile’s central bank held interest rates steady at 8.25 per cent at its monthly monetary policy meeting on Thursday, betting that the current global financial turmoil that is expected to slow growth would douse inflationary pressures. Economists ...
2008-10-09 07:20:00 -
With Economic Crisis, a Newly Flush India Exercises Caution (New York Times)
India?s fast-clip economy is now beginning to show signs of a slowdown, in turn tamping the country?s newfound predilection to spend.
2008-10-16 10:05:17 -
Malaysia to guarantee all bank deposits (The Times of India)
Malaysia said it will guarantee all bank deposits for the next two years, following similar moves by Hong Kong and Singapore amid fears that banks may collapse in the global financial crisis.
2008-10-16 10:15:38 -
Upside, downside (Manila Standard Today)
It’s been a dizzying week for those watching economic indicators as oil prices and stock markets begun swinging like pendulums. However, there are those for whom the current volatility is not a source of worry.
2008-10-16 10:44:43 -
Here's what Obama, McCain are talking about (USA Today)
Here's what Obama, McCain are talking about.
2008-10-16 10:45:46 -
McCain vs. Obama: The story on taxes (USA Today)
Both presidential candidates have proposed temporary tax cuts designed to help Americans cope with the financial crisis, which has sharply reduced the value of their retirement savings. We take a look at both proposals.
2008-10-16 10:47:09 -
Austin planning for financial crisis (Austin American-Statesman)
The financial crisis has put the City of Austin on alert and prompted planning in case of slowing sales tax revenues, but financial staff told the City Council on Thursday that the immediate impact on city services has been minimal.
2008-10-16 10:58:23 -
AMZ May Raise $100 Million for Casinos as Global Economy Slumps (Bloomberg)
Oct. 17 (Bloomberg) -- AMZ Holdings Plc , the developer planning to operate Taiwan's first casino, may raise as much as $100 million in the next year to fund Asian expansion amid a global economic slowdown.
2008-10-16 11:01:27 -
Reverse mortgage calls for forward thinking (The Nashua Telegraph)
For homeowners 62 years and older, a reverse mortgage may seem like an excellent way to tap into home equity, generating much-needed retirement income. After all, the loan typically doesn't have to be repaid as long as the last surviving borrower lives in the home or until the home is sold. ...
2008-10-16 11:12:35 -
Candidates for 3 county offices on Nov. 4 ballot, too (The Nashua Telegraph)
Like any serious candidate, Bob Rivard understands the importance of working a crowd. ... - By PATRICK MEIGHAN Staff Writer
2008-10-16 11:13:53