Mortgage and Financial News From 2008-6-5 Page 11
Previous Day: 2008-06-04
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U.K. House Prices Decline Most in 15 Years, HBOS Says (Update3) (Bloomberg.com)
June 5 (Bloomberg) -- U.K. house prices fell the most in 15 years in May as lenders restricted access to mortgages and the prospect of a recession deterred buyers, a HBOS Plc report showed.
2008-06-05 04:36:12 -
London shares higher in early deals; NY, Asia mixed; interest rate ... - CNBC
LONDON (Thomson Financial) - UK blue chips were modestly higher in early deals this morning, rallying after mixed performances overnight in New York and Asia although the underlying mood was cautious ahead of key interest rate decisions in the UK and ...
2008-06-05 12:23:00 -
Interest rates expected to stay put - Western Telegraph
The Bank of England's policymakers are expected to vote against a cut in interest rates as concerns over soaring inflation outweigh gathering economic gloom. A flurry of worrying news on the UK economy is not thought to be enough to prompt the Bank's ...
2008-06-05 02:10:00 -
Interest rates set to be held at 5pc by the Bank of England - Daily Telegraph
The Bank of England is expected to resist pressure to cut interest rates today as concerns over rising inflation pressures outweigh fears that Britain is now facing its steepest downturn since the early 1990s. Mervyn King is poised to hold interest ...
2008-06-05 01:56:00 -
INSTANT VIEW 2-Indonesia c.bank raises benchmark rate by 25 bps - Guardian Unlimited
JAKARTA, June 5 (Reuters) - Indonesia's central bank raised its key interest rate by 25 basis points to 8.50 percent on Thursday to offset the threat of inflation, which is set to accelerate in coming months following a rise in fuel prices. Indonesia ...
2008-06-05 12:23:00 -
ECB May Keep Benchmark Rate at Six-Year High (Update1) - Bloomberg
June 5 (Bloomberg) -- The European Central Bank will keep interest rates at a six-year high today to fight inflation even as the euro-region economy cools, a survey of economists shows. ECB policy makers meeting in Frankfurt will leave the benchmark ...
2008-06-05 12:08:00 -
FACTBOX-Global interest rates in 2008 - Reuters
LONDON, June 5 (Reuters) - Denmark's central bank raised its key one-week interest rate by 10 basis points on May 16 to 4.35 percent from 4.25 percent. As a result, the average rate set by 11 leading central banks -- the five that decide monetary ...
2008-06-04 11:40:00 -
Indonesia raises rates, others may have to follow - Forbes
MANILA/SINGAPORE, June 5 (Reuters) - Indonesia raised interest rates on Thursday, and the Philippines may follow, as soaring commodity prices pile pressure on Asian central banks to tackle inflation despite the risk of slowing economic growth ...
2008-06-05 12:44:00 -
ECB, Bank of England expected to keep rates steady - Forbes
The European Central Bank and the Bank of England both appear set to leave their interest rates unchanged Thursday as concerns over inflation preoccupy bank officials. Analysts forecast that the ECB will leave its key interest rate at 4 percent ...
2008-06-04 10:07:00 -
Bernanke speaks on rising inflation (Calcutta News)
US Federal Reserve Chairman Ben Bernanke has said rising inflation is a significant concern, although there's little sign of price increases above 10 percent, like there were in the 1970’s.
2008-06-05 03:02:29 -
Portsmouth area community calendar (Portsmouth Herald)
Portsmouth
2008-06-05 03:02:52 -
AP Financial NewsBrief at 5:48 a.m. EDT (INO News)
NEW YORK (AP) _ As if BlackBerry users needed one more excuse to be glued to their screens, E-Trade Financial Corp. is giving its account holders an application that will let them get real-time stock quotes and trade on their phones.
2008-06-05 03:04:54 -
Oil prices hold above $122 a barrel (The Washington Times)
Oil held above $122 a barrel Thursday in Asia after dropping more than $2 overnight on worries about declining demand in the U.S. and abroad.
2008-06-05 03:05:21 -
Tax auction reprise: come buy someone else's debt (Orlando Sentinel)
After last week's bust, Orange County is planning a 2nd sale -- but with a twist. Orange County wants to give people a second chance to pay someone else's overdue tax bill.
2008-06-05 03:05:44 -
Philippines Raises Key Rate for First Time Since 2005 (Update1) (Bloomberg.com)
June 5 (Bloomberg) -- The Philippine central bank raised its key interest rate for the first time in more than two years after record energy and rice prices pushed inflation to a nine- year high last month.
2008-06-05 03:06:35