Mortgage and Financial News From 2007-9-12 Page 4

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  • Japan's Prime Minister Resigns

    BusinessWeek - ... over from Junichiro Koizumi a year ago, there were bright hopes that the soft-spoken 52-year-old—Japan's youngest Prime ... Barring a major market sell-off, there's unlikely to be any lasting impact on the Bank of Japan's interest-rate policy, which ...
    2007-09-12 11:37:00

  • Tokyo shares outlook - Lower on rising oil prices, political ...

    Forbes - ... and political uncertainty following the resignation of Prime ... the possibility that the Federal Reserve may not cut interest rates as much as many expect next week. 'Japanese investors are now focusing on the size of the expected federal funds rate cut ...
    2007-09-12 05:14:00

  • Stocks Close Lower Amid Uncertainty About Rate Cut

    CNBC - Wall Street is largely expecting an interest rate cut when the FOMC meets next Tuesday and Pimco's Bill Gross helped to bolster ... higher, while Asian stocks closed mixed, with the Nikkei down slightly after the surprise resignation of Japanese Prime ...
    2007-09-12 12:56:00

  • Wall Stree, European markets jump on oil price surge

    News.com.au - Federal Reserve cutting its benchmark interest rate helped offset lingering worries over the impact of the crisis in the US sub-prime market and related crunch in the credit market that has crippled equity stocks in the past two months. US light crude ...
    2007-09-12 04:45:00

  • Asian markets mixed; Tokyo stocks fall after prime minister resigns

    CNBC - TOKYO - Asian markets were mixed Wednesday, with Japanese shares falling on news of the prime minister's resignation, while Hong Kong shares rose to a record on hopes for an interest rate cut by the U.S. Federal Reserve. Markets in Taiwan, China and ...
    2007-09-12 04:49:00

  • Dollar hits new all-time low against euro on talk of rate cuts

    International Herald Tribune - The European Central Bank last week put its own two-year run of gradual interest rate rises on hold but left many economists ... The U.S. currency was lower against the Japanese yen, even as Prime Minister Shinzo Abe announced that he would resign ...
    2007-09-12 01:53:00

  • Japan's Shares Ease After The Prime Minister Quits

    Wall Street Journal - TOKYO -- Japanese shares stumbled yesterday after Japanese Prime Minister Shinzo Abe announced his abrupt resignation in ... Federal Reserve will cut its key interest rate next week. Hong Kong rates are closely tied to those in the U.S. Property ...
    2007-09-12 07:22:00

  • Tax cuts limit interest rate pain

    News.com.au - LAST month's interest rate rise is expected to have limited impact on the retail industry because of the ... shape, despite the volatility in global financial markets in the wake of defaults in the US sub-prime mortgage market. "August's rate ...
    2007-09-12 03:19:00

  • Dollar hits low vs euro as rate outlooks diverge

    Reuters - ... low against the euro on Wednesday as investors braced for the Federal Reserve to cut interest ... year low and it was unable to hold gains on the yen after the resignation of Japanese Prime Minister Shinzo Abe. "It's all about lower growth, lower rate ...
    2007-09-12 04:02:00

  • Nikkei rises 0.8 pct as energy stocks jump on oil

    Reuters UK - Traders said gains would be limited as investors take a wait-and-see approach before a Sept. 18 interest rate decision by the U.S. Federal Reserve and amid political uncertainty after Prime Minister Shinzo Abe said he is resigning. Abe made the ...
    2007-09-12 06:32:00

  • Paulson says subprime woes will linger

    Boston Globe - WASHINGTON (Reuters) - Treasury Secretary Henry Paulson said on Wednesday a recovery in the subprime mortgage market will be slowed by a wave of interest rate resets and urged lenders to help troubled borrowers. Speaking to mortgage servicing ...
    2007-09-12 01:46:00

  • Stocks flat as market awaits Fed decision amid tumbling dollar and ...

    CNBC - Investors widely expect the central bank next Tuesday to lower the benchmark federal funds rate by a quarter percentage ... In Asia, Japan's Nikkei stock average fell 0.50 percent after Japanese Prime Minister Shinzo Abe announced Wednesday he would ...
    2007-09-12 02:36:00

  • Nikkei seen rangebound amid political uncertainty

    Reuters - TOKYO, Sept 13 (Reuters) - Japanese stocks are expected to move in a narrow range on Thursday amid political uncertainty after Prime Minister Shinzo Abe said he is resigning and ahead of a possible U.S. interest rate cut next week. Energy shares such ...
    2007-09-12 04:24:00

  • Informa Research Services Says, ''Don't Panic!'': What a Fed Rate Cut ...

    Forbes - Because the rates tied to these loans are typically calculated by adding a certain percentage to the prime rate, with the Fed cut, these interest rates could drop slightly. Additionally, this might be a good time to open up that home equity line to ...
    2007-09-12 04:09:00

  • Lanka maintains 7.2% development rate despite conflict: PM (Daily News)

    CROATIA: Prime Minister Ratnasiri Wickramanayaka met his Croatian counterpart Dr. Ivo Sander and discussed matters of mutual interest, including the promotion of trade and tourism.
    2007-09-12 12:49:19

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