US mortgage lenders to pump S$277.4b into markets (Straits Times)
Story date: 2008-03-19 03:37:12
Added on: 2008-03-19 18:00:17
WASHINGTON - TWO US home financing heavyweights won government approval on Wednesday to pump US$200 billion (S$277.4 billion) more into troubled US mortgage markets, the latest step to stabilize credit markets and avert a deep recession.
Read more...
Related Stories:
-
Caterpillar Sees $60 Billion Sales, Topping Estimate (Update2)
Bloomberg - U.S. stock markets rose the most in five years today after the Federal Reserve said it will pump $200 billion...
2008-03-11 03:55:00 -
India cuts value added tax, unveils package to pump prime economy (Calcutta News)
A day after India's central bank cut key rates, the government Sunday unveiled a Rs.300,000-crore (Rs.3,000-billion/$60-billion) fiscal package with specific measures for...
2008-12-07 09:41:05 -
Despite the Federal Reserve's efforts Wall Street fears a big US bank is in trouble (Times Online)
Global stock markets may have cheered the US Federal Reserve yesterday, but on Wall Street the Fed's unprecedented move to pump $280...
2008-03-13 11:22:45 -
Ireland Rescues Three Banks in EU5.5 Billion Bailout (Update1) (Bloomberg)
Dec. 21 (Bloomberg) -- Ireland will pump 5.5 billion euros ($7.7 billion) into its three largest banks and take control of Anglo...
2008-12-21 03:35:59 -
Bank of England pumps more cash into markets - MyFinances.co.uk
The Bank of England is to pump over £40 billion in the markets as the threat of a second credit crunch arises...
2008-09-26 04:21:00 -
Another $800 billion, mostly from Federal Reserve, pledged to assist borrowers (Dallas Morning News)
U.S. officials on Tuesday pledged to pump another $800 billion into ailing credit markets, much of it directly from the Federal Reserve...
2008-11-26 12:04:15 -
CapitalSource Executes $1.07 Billion of Term Financing
Forbes - With this financing, we have permanently financed a significant portion of our commercial real estate loans while retaining an option...
2007-09-11 03:32:00 -
Banks pump billions into crisis-hit markets
Daily Telegraph - The unexpected move raised hopes that Britain's mortgage lenders, who rely on the markets for funding, will now be...
2007-12-12 10:32:00