Mortgage and Financial News From 2007-10-9 Page 19

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  • S&P says domestic demand to drive Indian economy

    Reuters India - ... Reuters) - India's economic expansion is being driven by strong local demand, and a moderation in growth in the current ... The ratings agency said Indian interest rates were clearly peaking. The central bank has raised its main short-term lending rate ...
    2007-10-09 03:06:00

  • Splits Over the Euro -- Trichet Should 'Hear but Not Listen'

    CNBC - ... cut interest rates ... The current head of the European Central Bank should also take note of the history lesson given by Duisenberg, who was governor of the bank at the inception of the euro. Under his stewardship, the ECB eventually cut interest rates ...
    2007-10-09 03:27:00

  • PMI's Fall 2007 Risk Index Shows Risk of Home Price Declines Near All ...

    MSN MoneyCentral - ... higher unemployment, deteriorating borrower credit, changes in interest rates, or a combination of these factors. Readers are cautioned that any statements with respect to future economic and housing market conditions are based upon current ...
    2007-10-09 07:52:00

  • Hopes of early rates cut hurt by rising inflationary pressure

    Times Online - Hopes of an early cut in interest rates before Christmas were dealt a blow yesterday by a sudden resurgence of inflationary ... Paul Dales, of Capital Economics, said: “The longer the oil price remains at current levels, the more likely that ...
    2007-10-08 11:45:00

  • Thai shares close slightly higher led by energy stocks

    Forbes - ... said interest rates remain 'the concern' of investors who see the central bank's decision Wednesday as an indicator of the state of the Thai economy. The market expects the BoT's rate-setting committee to leave the key rate untouched at the current 3 ...
    2007-10-09 05:22:00

  • Euro Zone Takes Currency Grief to China

    CNBC - In emerging economies with large and growing current account surpluses, especially China, it is desirable that their ... Whether Sarkozy will consider it sufficient and stop urging the ECB to reduce its interest rates, one of the prime determinants ...
    2007-10-09 07:23:00

  • SBI secures Govt's nod to raise Rs 10K cr

    Daily Pioneer - Under the current provision, the Government may reduce its stake upto 55 per cent. A bill to enable the Government to further bring down its stake in SBI to 51 per cent is pending in Parliament. The bill was referred to the standing committee whose ...
    2007-10-09 07:23:00

  • Business Minute: Stocks make modest gains...Coors and Miller target ...

    Idaho8.com - NEW YORK (AP) - Stock prices are moving higher in the early going. Investors await release later today of the minutes from the Federal Reserve's September 18th meeting, when interest rates were cut. NEW YORK (AP) - The makers of Coors and Miller beer ...
    2007-10-09 06:47:00

  • Alistair Darling cuts UK growth forecast

    Daily Telegraph - The Organisation for Economic Cooperation and Development, one of the world's leading economic authorities, has already called for the Bank of England to cut interest rates from their current level of 5.75pc to prevent a sharper slowing in expansion ...
    2007-10-09 07:52:00

  • Trichet says ECB detects some easing in euro zone money market ...

    Forbes - The ECB needs to see more economic data before taking a further decision on interest rates, he said. 'Under current circumstances, particular caution is required in assessing any potential impact of recent financial market developments on the real ...
    2007-10-09 04:24:00

  • Aussie's John Symond vows to cut interest rates

    News.com.au - Our business model means we can offer interest rates up to 2 per cent lower than the mainstream lenders, so customers will feel ... The current value of Australia's personal and car loan market is about $2.5 billion a month. Mr Symond believes Aussie can ...
    2007-10-09 08:21:00

  • Fitch Rates AES Corp's $500MM Senior Notes 'BB/RR1'

    Forbes - Business Wire - Press Release Fitch Rates AES Corp's $500MM Senior Notes 'BB/RR1' ... that should create sufficient cash flows to offset the additional debt and interest ... The current Stable Rating Outlook reflects Fitch's expectation that credit metrics ...
    2007-10-09 06:40:00

  • Fool News: Barclays Cuts Loan Rates (Fool.co.uk via Yahoo! UK & Ireland Finance)

    In a surprise move, Barclays has cut personal loan rates on many of its products.
    2007-10-09 08:27:38

  • Eurozone ministers press China on exchange rates (AFP via Yahoo! News)

    Eurozone finance ministers thrashed out a common position on exchange rates on Monday, pressing China to adjust the value of its currency, according to Eurogroup chairman Jean-Claude Juncker.
    2007-10-08 03:03:20

  • Aussie John vows to cut interest rates (Daily Telegraph)

    NON-BANK lender Aussie Home Loans is expanding into the car and personal loan market and believes it can leverage on its brand to snare market share.
    2007-10-08 05:56:00

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