Mortgage and Financial News From 2008-8-18 Page 01
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Ramco sells 80 pct stake in Delray Beach center - Forbes
Real estate investment trust Ramco-Gershenson said Monday it sold a Delray Beach, Fla., shopping center for about $72 million to a joint venture in which it has a minority stake. Farmington Hills, Mich.-based Ramco-Gershenson Properties Trust sold ...
2008-08-18 10:22:00 -
Forex - Dollar falters on profit-taking following oil/commodity price ... - Forbes
LONDON (Thomson Financial) - The dollar shed some of its recent gains as traders locked in gains amid higher oil and commodity prices. At one stage earlier, oil rose by more than $1 to over $115 a barrel and gold bounced off a nine-month low to test ...
2008-08-18 06:12:00 -
Japanese Yen Forecast Ahead of BoJ Meeting - DailyFx
Aug 18 - Japanese Yen Forecast Ahead of BoJ Meeting Aug 14 - Forecast for New Zealand Dollar Aug 13 - U.S. Dollar Could Rally Further As Interest Rate Expectations Move on Its Favor Written by Antonio Sousa, Chief Strategist This week the Bank of ...
2008-08-18 08:13:00 -
Pound Declines After House Prices Fall Most Since at Least 2002 - Bloomberg
Aug. 18 (Bloomberg) -- The pound dropped against the euro and traded near a two-year low versus the dollar after U.K. house prices posted their biggest annual decline in August since at least 2002, strengthening the case for lower interest rates. The ...
2008-08-18 08:56:00 -
European Bonds Advance Before Confidence, Industry Surveys - Bloomberg
Aug. 18 (Bloomberg) -- European 10-year government notes rose, with yields near a three-month low, before surveys this week that will probably show German investor confidence held near the weakest level since 1991 while service and manufacturing ...
2008-08-18 08:20:00 -
Banks could cripple economy - News.com.au
FEDERAL Treasurer Wayne Swan says the retail banks will be putting the economy at risk if they don't match any interest rate cut by the Reserve Bank. The RBA will release minutes from its August 5 board meeting tomorrow - a meeting where it appears ...
2008-08-18 03:13:00 -
To cut or not: debt experts divided on interest rates - The Australian
PROMINENT debt agency is urging the Australian Reserve Bank to keep interest rates on hold in September. However, a leading debt expert and academic says at least two states are in recession and rate cuts could be too little too late. Steve Keen ...
2008-08-18 07:59:00 -
British Business Group Calls For Rate Cuts - Post Chronicle
The British Chamber of Commerce warned of more job cuts and called for the Bank of England to cut interest rates Monday. The BCC said as many as 300,000 more could lose jobs by 2011, pushing the unemployment total to nearly 2 million, the Times of ...
2008-08-18 10:22:00 -
Hopes of rate cut fail to boost property - News.com.au
Property clearance rates are down around the country Prospect of lower rates is not luring buyers yet In-depth : The latest interest rates news and features THE prospect of a cut in official interest rates next month has failed to bolster the nation ...
2008-08-18 09:25:00 -
Řežábek: We have to dicuss further rate cuts (Prague Daily Monitor)
Central banker Pavel Řežábek believes the Czech economy may need another reduction of interest rates later this year.
2008-08-18 11:14:13 -
Bank of Japan keeps key interest rate steady (AP via Yahoo! Finance)
Japan's central bank left its key interest rate steady Tuesday, choosing again to hold to the status quo amid increasing nervousness about the country's slowing economy.
2008-08-18 11:14:52 -
(AFX UK Focus) 2008-08-19 06:55 UPDATE 1-SNB Chairman signals c.bank unlikely to hike- FT (Interactive Investor)
ZURICH, Aug 19 (Reuters) - Swiss National Bank Chairman Jean-Pierre Roth signalled the SNB was unlikely to hike interest rates when it next meets, as easing oil prices and weaker-than-expected growth capped inflationary pressures.
2008-08-18 11:14:55 -
Japan growth 'sluggish', warns bank (RTÉ News)
Japan's central bank has downgraded its assessment of the country's economy, warning that growth will remain 'sluggish'. The bank also left its super-low interest rates unchanged amid growing fears of a recession.
2008-08-18 11:17:57 -
NBISD trustees set tax rate (The New Braunfels Herald-Zeitung)
New Braunfels school trustees approved a proposed 2008-09 tax rate of $1.33880 per $100 property value at their August meeting Monday.
2008-08-18 11:25:16 -
German Producer-Price Inflation Quickens to Fastest in 27 Years (Bloomberg.com)
Aug. 19 (Bloomberg) -- German producer-price inflation accelerated to the fastest pace since October 1981 last month, bolstering the European Central Bank's case to keep interest rates at a seven-year high even as the economy cools.
2008-08-18 11:27:52