Mortgage and Financial News From 2008-10-13 Page 01
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Asian stocks soar after US rally; Nikkei up 13 pct - Seattle Post Intelligencer
A Tokyo Stock Exchange worker reacts after the opening bell of Tuesday's trading at the exchange in Tokyo on October 14, 2008. Japan's Nikkei index soared more than 11 percent in early trade following rallies in the global stock market, with the ...
2008-10-13 07:46:00 -
Japan holds interest rate at 0.5% - BBC Business
"Strains in global financial markets have intensified in the wake of failures and rescues of US and European financial institutions and there are downside risks to the world economy," the Bank of Japan said. "In addition, weaker income generation ...
2008-10-06 11:14:00 -
Fed's Bullard: Rate cuts not the solution - Reuters
ST. LOUIS (Reuters) - The Federal Reserve should not cut interest rates again to cushion the economy from financial market turmoil, a top Fed policy-maker said on Monday, saying that rate cuts would be ineffective and could compound inflation. "I don ...
2008-10-06 05:16:00 -
Chamber Expecting Expat Interest At London Expo - Scoop
The Job Expo in London this weekend is expected to feature a greater than usual number of New Zealanders interested in job opportunities back in NZ, according to Chamber Chief Executive Michael Barnett, who says that the inquiry rate since the global ...
2008-10-13 08:29:00 -
Big Banks Must Offer Stakes Others Can Choose - Washington Post
The federal government is renewing its attempt to persuade people to give money to banks, and banks to give money to people. In its most sweeping gesture yet, the government compelled the chief executives of nine major banks to sell taxpayers an ...
2008-10-13 08:14:00 -
Kevin Rudd planning pre-Christmas handout to help economy - News.com.au
Pre-Christmas handout expected to help economy Tax rebate and pensioner payments possible Money Mum : How much will Christmas cost you? A MULTI-BILLION-DOLLAR cash handout to consumers to lift spending ahead of Christmas is under consideration in an ...
2008-10-13 07:31:00 -
Banks cut deposit interest to help lending - Thanhnien
Banks have slashed interest rates on dong deposits by up to 68 basis points in the past week as they moved to reduce borrowing costs to boost lending, bankers said Monday. Average annual rates on 12-month dong deposits now stand at 16.70 percent ...
2008-10-13 08:14:00 -
FACTBOX-Global interest rates in 2008 - Reuters
LONDON, Oct 7 (Reuters) - Australia's central bank cut interest rates by a percentage point to 6.0 percent on Oct. 11. As a result the average rate set by 11 leading central banks -- the five that decide monetary policy for the G7 nations plus six ...
2008-10-07 12:04:00 -
RPT-Indian cbank allows banks to trade in rate futures - Reuters India
MUMBAI, Oct 13 (Reuters) - The Reserve Bank of India on Monday said it has allowed banks to take trading positions in interest rate futures. Earlier banks were allowed to transact in rate futures only for hedging their investments. The change in ...
2008-10-13 07:10:00 -
Australia unveils $7.4 billion fiscal stimulus plan (Market Watch)
Australia unveiled a surprise A$10.4 billion ($7.4 billion) fiscal stimulus package Tuesday designed to bolster the economy in the face of what Prime Minister Kevin Rudd described as the greatest global financial crisis since the Great Depression.
2008-10-13 08:48:28 -
Business (The West Australian)
The Rudd government’s $10.4 billion stimulus package to protect Australia from the fallout in global financial markets will help minimise the effects of a possible recession in 2009, economists say.
2008-10-13 08:49:16 -
(AFX UK Focus) 2008-10-14 04:34 GLOBAL MARKETS-Stocks soar, bonds fall on broad crisis plan (Interactive Investor)
SINGAPORE, Oct 14 (Reuters) - Asian stocks surged, with Japan's Nikkei up more than 13 percent on Tuesday after governments around the world readied plans to take stakes in banks to keep the global financial system from collapsing.
2008-10-13 08:49:20 -
Asian stocks soar after U.S. rally (MSNBC)
Japan's stock market soared in early trading Tuesday, leading a second-day rally in Asian stocks after Wall Street staged a dramatic comeback from its worst week ever.
2008-10-13 08:51:37 -
On the Money Advice (WEAU Eau Claire)
In this "On the Money" report, we get advice on the top things we can do to protect our wallets during these scary economic times.
2008-10-13 08:51:51 -
Naked Truth' calendar signed by models (The Lake County Record-Bee)
LOWER LAKE -- A calendar signing for one baring flesh and facts was held Saturday at Ployez Winery.
2008-10-13 08:53:53