Mortgage and Financial News From 2008-5-19 Page 8

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  • Fed Chief on Risk Practices, Originate-to-Distribute Model (Financial Planning.com)

    CHICAGO — With the liquidity crisis continuing to unfold, Federal Reserve Board Chairman Ben Bernanke took a step back Thursday and offered thoughts on how the credit crunch began and how it should be addressed.
    2008-05-19 08:41:33
  • Japan to emerge as a winner from credit crisis, Nomura says - Daily Telegraph

    Japan faces a 50pc chance of recession this year but will emerge from the current credit crisis that is engulfing global markets as one of the few winners among leading economies, according to Takahide Kiuchi, chief economist at Nomura Securities ...
    2008-05-19 08:07:00
  • State pupils 'should join cadets' - Kingston Guardian

    Pupils in state schools should be encouraged to sign up for military training with the cadet corps under plans to boost support for the armed forces, a Government-backed review is expected to recommend. Reports suggest a national Armed Forces Day ...
    2008-05-19 12:00:00
  • Aussie shoppers slugged higher than Kiwis - Woolworths - News.com.au

    Woolies customers pay more in Australia than NZ Mark-ups because "Woolworths not price leader" Part of national inquiry into grocery prices SUPERMARKET giant Woolworths Pty Ltd has admitted customers pay more for groceries in its Australian stores ...
    2008-05-19 03:42:00
  • Japanese govt panel to propose further clarification of foreign ... - Forbes

    TOKYO (Thomson Financial) - A Japanese government panel said on Monday it will make recommendations to the government in order to expand foreign investment in the country, such as clarifying rules for mergers and acquisitions, reviewing investment ...
    2008-05-18 11:31:00
  • Farewell prudence, hello £2.7bn slush fund - Guardian Unlimited

    Chancellor Alistair Darling at the launch of a new National Enterprise Academy at Swanlea School Business and Enterprise College. Photograph: Sang Tan/PA If you forget about the politics, the tax cut announced by Alistair Darling at Gordon Brown's ...
    2008-05-19 09:04:00
  • U.S. April Leading Economic Indicators: Summary (Table) - Bloomberg

    May 19 (Bloomberg) -- Following is a summary of the U.S. leading economic indicators from the Conference Board. ===== April March Feb. Jan. Dec. Nov. Oct. 2008 2008 2008 2008 2007 ...
    2008-05-19 07:09:00
  • Vietnam raises prime rate - Earthtimes

    Hanoi - Vietnam's State Bank raised its prime interest rate from 8.75 to 12 per cent effective Monday and eased caps on the interest rates which private banks are allowed to offer depositors, adjusting the country's interest rates to cope with ...
    2008-05-19 04:03:00
  • Nigeria: Whose Money is Soludo Playing With, Anyway? (AllAfrica.com)

    THE responsibility for control of the treasury of any progressive organisation would generally be allocated to that person with impeccable credentials in their disposition to accountability, transparency and thrift.
    2008-05-19 06:41:38
  • The Conference Board U.S. Leading Economic Index Edges Up (PR Newswire via Yahoo! Finance)

    The Conference Board reports today that the Composite Index of Leading Economic Indicators increased 0.1 percent in April, following a 0.1 percent increase in March, and a -0.3 percent decline in February.
    2008-05-19 07:00:00
  • Financial aid battle can be won (New Orleans Times-Picayune)

    Still glowing with news of their acceptance to college, this year's high school graduates have their first homework assignment: deciphering the financial aid options to pay the tuition bill.
    2008-05-19 07:18:49
  • Emerging Market Stocks Erase 2008 Loss After Commodities Rally (Bloomberg.com)

    May 19 (Bloomberg) -- Stocks in developing countries advanced for a sixth day, erasing the MSCI Emerging Markets Index 's 2008 loss, as rising oil and metals prices boosted equities from Hong Kong to Moscow.
    2008-05-19 07:36:57
  • UPDATE: Conference Board Report Tilts Against US Recession Fear (The Forex Market)

    NEW YORK -(Dow Jones)- The U.S. economy appears to be skirting an outright recession, according to a report released Monday.
    2008-05-19 08:12:57
  • Daily Headline News for May 19, 2008 (Interfax)

    Digest of headline news as of 7:10 p.m. Moscow time on May 19: BUSINESS & FINANCE *** CENTRAL BANK BOOSTS LOANS TO BANKS BY 33% IN APRIL The Central Bank of Russia provided banks 1.6194 trillion rubles in loans for the purposes of refinancing, a 33.3% increase from 1.215 trillion rubles posted in March.
    2008-05-19 08:15:43
  • Estonia sees first major slowdown since joining EU: IMF report (Eu Business)

    (TALLINN ) - Estonia is seeing its first major economic slowdown since it joined the European Union in 2004 and it will have to handle the accompanying problems with care, the International Monetary Fund said in a report Monday.
    2008-05-19 08:56:46