Mortgage and Financial News From 2009-2-23 Page 01

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  • SYED NADZRI Fumbles, bungles and gaffes but whose heads roll? - New Straits Times

    AH, the weird world of public figures. Sometimes they quit when you least expect them to. At other times, they just refuse to go under any circumstances, even when everyone else wants them to disappear. The story about former Japanese finance ...
    2009-02-23 06:58:00
  • Fitch Rates Oregon's $138MM GOs 'AA'; Outlook Stable - CNBC

    NEW YORK, Feb 23, 2009 (BUSINESS WIRE) -- Fitch Ratings assigns an 'AA' rating to State of Oregon state board of higher education general obligation (GO) bonds as follows: --$87.5 million, 2009 series A; --$50.5 million, 2009 series B. The bonds are ...
    2009-02-23 05:18:00
  • Economists Split on a Third Malaysian Rate Cut as Growth Slows - Bloomberg

    Feb. 24 (Bloomberg) -- Economists are divided on whether Malaysia’s central bank will lower its benchmark interest rate for a third straight meeting to bolster an economy that probably expanded at the slowest pace in seven years last quarter. Bank ...
    2009-02-23 05:11:00
  • Possible credit card reform coming after companies raise rates - 10 News

    As credit card fee increases squeeze more consumers, lawmakers are stepping up efforts to reform criticized practices. In the latest round of fees, Capital One, Citibank and HSBC are raising interest rates for millions of credit card borrowers. Chase ...
    2009-02-23 11:08:00
  • Key interest rate likely to remain unchanged - Business Times Malaysia

    BANK Negara Malaysia (BNM) is most likely to leave the overnight policy rate, its benchmark interest rate, unchanged at 2.50 per cent today. Of the research houses polled by Business Times, 76 per cent were of the opinion that the central bank's ...
    2009-02-23 06:29:00
  • QuamNews: CCB Provides RMB780 Mln Loan for Sino Gold - 華富財經

    QuamNews: CCB Provides RMB780 Mln Loan for Sino Gold華富財經, Hong KongThe floating interest rates were in line with the People's Bank of China published rates, currently 5.94% pa for the long-term facility and 5.31% pa for the working capital facility. The long-term facility is repayable in five annual instalments ending ...
    2009-02-23 10:56:06
  • Grant EDC optimistic about future - Columbia Basin Herald

    Grant EDC optimistic about futureColumbia Basin Herald, WANo rate increases are planned for this year, but the utility is reviewing industrial and irrigation rate structures. Current PUD projects between 5 megawatts and 200 megawatts include exploring hydrokinetic energy, the Wapato Irrigation Project, ...
    2009-02-23 06:55:06
  • Macquarie Media says it's well placed - WA today

    Macquarie Media says it's well placedWA today, AustraliaThese included a goodwill impairment of $127.1 million in relation to community newspapers owner American Consolidated Media (ACM) in the United States, a $70.5 million valuation loss on interest rate and foreign currency hedging instruments, ...
    2009-02-23 10:56:12
  • South Texas Oil Agrees To $26.1 Million Debt Restructuring Deal - Trading Markets (press release)

    South Texas Oil Agrees To $26.1 Million Debt Restructuring DealTrading Markets (press release), CAThe Colorado property disposition includes the company's entire 37.5% non-operated working interest in 23111 gross acres. The assets being conveyed to Longview include around 217000 barrels of oil equivalent of proved reserves and an estimated eighteen ...
    2009-02-23 07:26:46
  • Solar the way to go at YPASG Grower Updates - Yorke Peninsula Country Times

    Solar the way to go at YPASG Grower UpdatesYorke Peninsula Country Times, AustraliaChris will also explain the current government rebates available for those choosing to install a solar panel system. “I also plan to talk about Sun Farms,” Chris said. “It’sa subject that has been of great interest to farmers in previous presentations. ...
    2009-02-23 10:59:23
  • AIG Seeks to Ease Its Bailout Terms - Wall Street Journal

    AIG Seeks to Ease Its Bailout TermsWall Street JournalAt the time of the original bailout in September, the government imposed what many considered onerous interest rates and deadlines for AIG to repay its loans by selling off assets. It quickly became clear, however, that the erosion of the value of ...
    2009-02-23 11:00:34
  • Problems no bailout can solve - OpEdNews

    Problems no bailout can solveOpEdNews, PAMeanwhile the Fed, steered by the political goals of the Bush White House, added too much liquidity, at too low interest rates. The banks lent too much, in part to stimulate "home ownership," a political objective which could equally be called home ...
    2009-02-23 11:02:33
  • Chevron: A Big Value in Big Oil - BusinessWeek

    Chevron: A Big Value in Big OilBusinessWeekThe value represents potential appreciation of about 45% from current price levels, and an expected enterprise value of 7.5 times our 2009 earnings before interest, taxes, depreciation, and amortization (EBITDA) estimate, a discount to Chevron's US ...
    2009-02-23 11:02:56
  • Tiomin Extends Freegold Ventures' Bridge Loan - FOXBusiness

    Tiomin Extends Freegold Ventures' Bridge LoanFOXBusinessAs consideration of this extension, the interest rate on the two loans was increased from 12.5% to 15.0%, and Tiomin and the other lender each will be receiving extension fees consisting of 360000 common shares of the Freegold, 500000 warrants to ...
    2009-02-23 11:02:56
  • Announcement to the Australian Securities Exchange and Toronto ... - Canada NewsWire (press release)

    Announcement to the Australian Securities Exchange and Toronto ...Canada NewsWire (press release), CanadaImportant factors that could cause actual results to differ materially from CGA's expectations include uncertainties related to fluctuations in gold and other commodity prices and currency exchange rates; uncertainties relating to interpretation of ...
    2009-02-23 11:04:20