Mortgage and Financial News From 2008-1-10 Page 19

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• Japan's Bank Loan Growth Slows in December on Permits (Update1) - Bloomberg

  Japan's Bank Loan Growth Slows in December on Permits (Update1)Bloomberg - 2 hours agoJapanese lawmakers also passed a law in 2006 cutting the maximum interest rate consumer lenders, in which Japan's top three banks have investments, ...
  2008-01-10 04:38:00

• US expected to stay out of recession - MSNBC

  US expected to stay out of recessionMSNBC - 2 hours agoThe IIF predicted the Fed would cut interest rates by another 75 basis points to 3.5 per cent by mid year, but would raise rates to 4 per cent by year end. ...
  2008-01-10 04:45:31

• Economic decoupling theory has no weight - China Daily

  Economic decoupling theory has no weightChina Daily, China - 2 hours agoIt is not propped up by higher average income or fuller employment, but by a robust consumption in property and cars encouraged by low interest rates. ...
  2008-01-10 04:56:54

• Pakistan rupee may recover after political calm - Gulf Daily News

  Pakistan rupee may recover after political calmGulf Daily News, Bahrain - 1 hour agoThe central bank adopted a tight monetary stance in recent years, increasing interest rates and reserve requirements to curb inflation. ...
  2008-01-10 05:02:17

• JGB futures slip from two-yr high as stocks rise - Reuters

  JGB futures slip from two-yr high as stocks riseReuters - 1 hour agoThe Fed is seen further slashing interest rates, thus the situation will reamin hard for the BOJ to boost rates," said a bond trader at a foreign investment ...
  2008-01-10 05:25:59

• * WB projects high growth for Vietnam - Saigon Times Daily

  * WB projects high growth for VietnamSaigon Times Daily, Vietnam - 1 hour agoIndia provides US$45 mil. credit for power project The Indian government has agreed to provide a US$45-million loan with an interest rate of 1.75% for ...
  2008-01-10 05:36:38

• Interest rates kept on hold amid signs that crisis is easing - Guardian Unlimited

  Interest rates kept on hold amid signs that crisis is easingGuardian Unlimited, UK - 1 hour agoThe Bank of England held interest rates steady at 5.5% yesterday amid indications that the global credit crisis is easing. The City had been on tenterhooks ...
  2008-01-10 05:37:11

• LEWISTON: Newlin looks ahead to third term - Niagara Gazette

  LEWISTON: Newlin looks ahead to third termNiagara Gazette, NY - 1 hour agoThe town — with a current population of about 16500 people — is also faced with increased interest from developers, and must be “choosy,” about what ...
  2008-01-10 05:40:46

• Universal Technical Institute Names Executive Vice President of ... - CNNMoney.com

  Universal Technical Institute Names Executive Vice President of ...CNNMoney.com - 1 hour ago... capital resources, the effectiveness of the company's recruiting, advertising and promotional efforts, changes to interest rates and low unemployment. ...
  2008-01-10 05:52:23

• Standard & Poor’s rates First Cambodian Bank - The Asian Banker (subscription)

  Standard & Poor’s rates First Cambodian BankThe Asian Banker (subscription), Singapore - 59 minutes agoConsequently, Standard & Poor's believes that the bank's asset quality on a long run steady state basis might be weaker than that indicated by the current ...
  2008-01-10 06:01:00

• Huntington predicts $239M loss in 4Q - San Antonio Business Journal

  Huntington predicts $239M loss in 4QSan Antonio Business Journal, TX - 48 minutes agoNet interest margin is the difference between the average rate a bank earns on loans and other investments and the average rate it pays on deposits and ...
  2008-01-10 06:11:17

• UPS and Sysco Priced to Deliver - GuruFocus.com

  UPS and Sysco Priced to DeliverGuruFocus.com, TX - 21 minutes ago... but UPS’ recently announced $10 billion buyback financed by debt makes sense to me given low interest rates and UPS’ steady income history, ...
  2008-01-10 06:38:44

• Cost of your mortgage is about to bite harder - Gisborne Herald

  Cost of your mortgage is about to bite harderGisborne Herald, New Zealand - 19 minutes agoWestpac is the second major bank to lift mortgage rates as the impact of the world-wide credit crunch -- centred around the American sub-prime mortgage ...
  2008-01-10 06:40:53

• ASIA MARKETS: Asian Markets React Mixed To US Rate-cut Hopes - CNNMoney.com

  ASIA MARKETS: Asian Markets React Mixed To US Rate-cut HopesCNNMoney.com - 17 minutes agoAsian markets were mixed early Friday in response to expectations of another US interest rate cut, with Hong Kong shares gaining on property issues such as ...
  2008-01-10 06:42:23

• Rock-Tenn Company Agrees to Acquire Southern Container Corp. - WELT ONLINE

  Rock-Tenn Company Agrees to Acquire Southern Container Corp.WELT ONLINE, Germany - 15 minutes agoManagement believes its assumptions are reasonable; however, undue reliance should not be placed on such estimates, which are based on current expectations. ...
  2008-01-10 06:44:53

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