Mortgage and Financial News From 2008-1-10 Page 15

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• Bund e TBond: l'era del cinghiale bianco

  Investire Oggi - By the time the US mortgage mess is cleared up, millions of people will lose their ... If we compare periods of slow economic growth, such as 2005, 2002 and 1984 in ... banks, again on the slide after the Bank of England opted to keep interest rates ...
  2008-01-10 01:16:00

• Japan money market prices in chance of BOJ rate cut (Reuters via Yahoo! Malaysia News)

  TOKYO, Jan 11 - Yen money markets have begun to factor in the possibility that the Bank of Japan may cut interest rates late in the year, given the threat of recession in the U.S. and other economies.
  2008-01-10 07:47:23

• Oil Rises as Possible U.S. Interest Rate Cut May Spur Economy (Bloomberg.com)

  Jan. 11 (Bloomberg) -- Crude oil rose in New York on speculation that the U.S. Federal Reserve will cut interest rates more than expected to bolster the economy of the world's largest energy consumer.
  2008-01-10 07:50:38

• Report on Countrywide helps boost stocks (The Press-Enterprise)

  NEW YORK - A volatile Wall Street advanced Thursday for the second day in a row, as investors found renewed confidence in a report that Bank of America Corp. is close to buying struggling mortgage lender Countrywide Financial Corp.
  2008-01-10 07:52:57

• (AFX UK Focus) 2008-01-11 03:35 GMT: Japanese government bonds end morning mostly firmer as stocks extend losses (Interactive Investor)

  TOKYO (Thomson Financial) - Japanese government bond prices ended the morning mostly higher Friday as stocks extended their losses on worry it will take more than rate cuts to restore the US economic momentum.
  2008-01-10 07:56:38

• (AFX UK Focus) 2008-01-11 03:32 GMT: Hong Kong shares higher on US rate cut hopes; China telecoms in focus UPDATE (Interactive Investor)

  HONG KONG (XFN-ASIA) - Share prices were higher midmorning, taking a lead from Wall Street's advance after US Federal Reserve Chairman Ben Bernanke hinted at aggressive interest rate cuts to ward off a recession.
  2008-01-10 07:56:48

• (AFX UK Focus) 2008-01-11 03:17 GMT: Hong Kong gold opens at a record high - UPDATE (Interactive Investor)

  HONG KONG (Thomson Financial) - Hong Kong gold prices hit a new all-time high Friday, touching 898.00 US dollars an ounce on hopes of further interest rate cuts in the US.
  2008-01-10 07:56:58

• GOP rivals back tax, spending cuts (News 14 Carolina)

  MYRTLE BEACH, S.C. - Republican presidential rivals backed a blend of tax and spending cuts Thursday night to head off an election-year recession they generally agreed is avoidable.
  2008-01-10 07:58:52

• Free Parking Shuttle Linked To Union Station (Eyewitness News 3 Hartford)

  The state has esablished a free shuttle service from the new parking facility on the site where the coliseum once stood.
  2008-01-10 09:27:49

• Bernanke Vows Interest-Rate Cut If Needed (WSB-TV 2 Atlanta)

  Federal Reserve Chairman Ben Bernanke pledges to trim interest rates again to rescue a weakening economy.
  2008-01-10 11:37:25

• Report: Insurance Industry Overcharges Consumers, Underpays Claims (WHIO-TV 7 Dayton)

  Today, the Consumer Federation of America (CFA) released a report that details how the insurance industry systematically overcharges consumers while underpaying their claims.
  2008-01-10 02:03:10

• Call 4 Action: While Gas Prices Rise, Airline Ticket Rates Fall (WTAE-TV Pittsburgh)

  Ever since the New Year hit, prices for airline tickets in destinations from Pittsburgh International Airport have plummeted, even as gas prices jump.
  2008-01-10 02:18:31

• Giuliani Looks To Florida For Catastrophe Advice (WFTV 9 Orlando)

  INDIALANTIC, Fla. -- Republican presidential candidate Rudy Giuliani's campaign announced the formation of a Florida-heavy catastrophe advisory committee Wednesday and highlighted one of Gov. Charlie Crist's federal priorities in a state that is crucial for the former New York mayor.
  2008-01-10 03:03:48

• Md. appeals court dismisses foreclosure case

  Baltimore Sun - Kwaku Atta Poku and his family lost their Columbia home through a foreclosure. Clockwise from top are Kwaku, daughter Afua ... Atta Poku, the Columbia taxi owner who lost his house to foreclosure after a refinancing despite making every monthly mortgage ...
  2008-01-10 01:58:00

• Bank of America rescue deal for Countrywide

  The Independent - The company has been at the centre of the fire-storm in the mortgage markets, having extended home loans to millions of Americans, many of whom turn out to be unable to afford them. Such is the concern over its finances that the company was forced to ...
  2008-01-10 04:22:00

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