Mortgage and Financial News From 2008-5-8 Page 01
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PRESS DIGEST - Singapore newspapers - May 9 - Reuters
- The Energy Market Co, which runs the wholesale electricity market in Singapore, said the wholesale price that power companies pay for electricity -- known as the Uniform Singapore Energy Price -- jumped 17.7 percent from March to hit S$173 ($126 ...
2008-05-08 04:41:00 -
Interest Rates News Stories and Articles - Atlanta Journal Constitution
Correction: Economy story WASHINGTON — In a May 7 story about productivity, The Associated Press reported erroneously that the Federal Reserve last week had boosted a key interest rate. The Fed cut the federal funds rate last week for the seventh ...
2008-05-08 11:22:00 -
NAB posts $2.7 billion profit - News.com.au
NATIONAL Australia Bank has posted a bottom line net profit of $2.68 billion for the half year to March 31, up 25.8 per cent on the year earlier. NAB's (nab.ASX: Quote , News ) cash earnings rose a healthy 8 per cent, underpinned by higher earnings ...
2008-05-08 08:08:00 -
FTSE seen opening lower - International Herald Tribune
LONDON : The FTSE 100 index is seen opening 26-29 points lower on Friday, according to financial bookmakers, having closed up 9.8 points, or 0.2 percent, at 6,270.8 in the previous session. Overnight, U.S. stocks rose as a surge in global commodity ...
2008-05-08 11:14:00 -
House and Home News Stories and Articles - Atlanta Journal Constitution
Bring on the SUNSHINE Don't let the drought dry up your gardening hopes. Answer the call of spring with plants that are drought tolerant and resistant. By choosing plants that can handle the heat and require less water, you can have a summer garden ...
2008-05-08 11:14:00 -
National Australia Bank Profit Rises 26% on Lending (Update5) - Bloomberg
May 9 (Bloomberg) -- National Australia Bank Ltd. , the country's biggest by assets, said first-half profit rose 26 percent as it cut costs and increased lending to weather the global credit crisis. Net income rose to A$2.69 billion ($2.54 billion ...
2008-05-08 11:29:00 -
Treasuries Rise, Head for Weekly Gain, as Asian Stocks Decline - Bloomberg
May 9 (Bloomberg) -- Treasuries rose, headed for a weekly gain, as Asian stocks fell and American International Group Inc. said it needs to raise $12.5 billion following record losses. Two-year notes climbed for a fifth day as investors pared bets ...
2008-05-08 11:07:00 -
Legg Mason reports $255 million in losses - Baltimore Sun
Legg Mason Inc. reported this morning a bigger-than-expected loss of $255.5 million, or $1.81 per diluted share, in the fourth quarter amid its continuing challenges over shoring up money market funds containing mortgage-backed debts. To shore up its ...
2008-05-08 11:07:00 -
(AFX UK Focus) 2008-05-09 05:41 CORRECTION Shanghai Q1 outstanding mortgage loans up 3.4 bln yuan q-o-q - report (Interactive Investor)
BEIJING (XFN-ASIA) - The value of Shanghai's first quarter outstanding mortgage loans increased by 3.4 bln yuan, or 1.1 pct from a quarter earlier, to 304.69 bln yuan, the Shanghai Daily said, citing a banking regulatory report. According to the Shanghai Bureau of the China Banking Regulatory Commission, in month-on-month terms, individual mortgage lending increased 3.74 bln yuan in January, 388 ...
2008-05-08 10:09:00 -
Sellers offer to subsidize buyers’ financing (Lawrence Journal-World)
Tighter lending requirements and sluggish home sales have prompted many sellers to offer part of the financing needed to complete a transaction.
2008-05-08 10:11:46 -
Homeownership class is planned (The Gleaner)
Grants of $5,000 to $45,000 are now available for low and moderate income persons to use as downpayment to buy a first home in Henderson County, according to The Housing Foundation, a non-profit organization.
2008-05-08 10:13:20 -
Preventable disaster (The Frederick News-Post)
The News-Post's recent stories on the woes of the local housing situation were enlightening. Not only did they clarify the extent of the "mortgage meltdown" in Frederick County, they also provided some insight into the scope of the problem nationally.
2008-05-08 11:12:44 -
Reuters Business Summary (Reuters via Yahoo! Singapore News)
Insurer AIG has $7.8 bln Q1 loss, to raise capital
2008-05-08 11:13:27 -
Oregon Daily Emerald - 24 hour University of Oregon news and sports (Oregon Daily Emerald)
Thursday was not consistently sunny, but it was very much a spring day with a temperature of about 55 degrees and a light breeze. Still, Josh Dwinal went snowboarding on fresh snow from Mount Hood. With an elevation of 11,249 feet, Mount Hood is snowy year-round. However, Eugene is not.
2008-05-08 11:29:35 -
House moves to ease loan crisis (Florida Today)
Defying a veto threat by President Bush, the House approved legislation Thursday that would help struggling homeowners pay their mortgages and assist states' efforts to buy and fix up foreclosed property.
2008-05-08 11:39:10