Mortgage and Financial News From 2008-3-3 Page 18

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  • Krone Is World Beater With Norway Oil, Rates, Surplus (Update1)

    Bloomberg - ... attracted to the highest interest rates in five years and a trade surplus that is bigger than any of the 30 most-developed economies thanks to oil prices that now exceed $100 a barrel.
    2008-03-03 01:21:00

  • 'Ninja' loans explode on sub-prime frontline

    Daily Telegraph - The family, who are now selling up for a fraction of what they paid, are one of millions faced each year with a sudden increase in their mortgage rates as the cheap deals they signed up to expire and they are shifted onto exorbitant rates
    2008-03-03 12:53:00

  • Dollar Falls to 3-Year Low on Speculation Debt Losses to Spread (Bloomberg.com)

    March 3 (Bloomberg) -- The dollar declined to a three-year low against the yen on speculation banks will report more losses from the collapse of the U.S. subprime mortgage market.
    2008-03-03 12:48:21

  • Your first date with the 1040? (The News Journal)

    No, you can't deduct the cost of gas used for bar-hopping during 2007.
    2008-03-03 12:55:30

  • Pols: Govt Here to Help, Not Bail Out (WJLA-TV Washington D.C.)

    Bailout is a dirty word in the nation's capital.
    2008-03-03 01:12:02

  • Asian markets hammered in wake of Dow's dive (USA Today)

    Asian stocks sank Monday amid gloom over sluggish economic growth in the United States and rising inflation at home.
    2008-03-03 01:30:13

  • The fight for the Rust Belt (Kitchener/Waterloo Record)

    CLEVELAND, OHIO (Mar 3, 2008) -- Michael Nelson is a beacon of optimism, a man on a mission to ease the blight of the plundered, empty houses in his east-end neighbourhood.
    2008-03-03 01:53:54

  • (AFX UK Focus) 2008-03-03 09:30 GMT: TFN NEWS BRIEFING: Banking and insurance highlights to 09:15 GMT (Interactive Investor)

    2008-03-03 09:12:22 West should avoid protectionism against sovereign wealth funds - China official
    2008-03-03 01:57:50

  • AP Business NewsBrief at 3:26 a.m. EST

    CNBC - Yet companies have forged on with plans to spend at least $9 billion on a wave of new casino projects in the country's second ... what President Bush and Treasury Secretary Henry Paulson call some plans in Congress to aid homeowners stung by the mortgage ...
    2008-03-03 12:17:00

  • On Native Ground

    American Reporter - ... that as much as $2.5 trillion could be at risk in bad mortgages and the frenzy of mergers and leveraged buyouts of companies fueled by borrowed money. According recent figures from Moody's, the bond rating firm, nearly 20 percent of all mortgage ...
    2008-03-02 10:44:00

  • Japan's stock index dives 4.5 percent

    CNBC - Exporting companies bore the brunt of the selling. Honda Motor Co. fell 5.8 percent to 3,070 yen, while robotics maker Fanuc ... International Group announced the worst quarterly loss in its history Friday due to a write-down of troubled mortgage ...
    2008-03-02 11:12:00

  • Asian Corporate Bond Risk Rises to Record on U.S. Slowdown

    Bloomberg - ... to a record for the 18th time this year as growing concerns a U.S. recession will trigger defaults at financial companies led ... the world's largest insurer, reported its biggest-ever loss on the same day because of writedowns from the subprime-mortgage ...
    2008-03-02 11:41:00

  • Time to Bury China Myth on Decoupled Economies: John F. Wasik

    Bloomberg - That was about the time discouraging news about U.S. credit and mortgage woes was sinking in deep on Wall Street. ... Many advisers have picked a group of exchange-traded funds that invest only in mainland companies or focus on large ...
    2008-03-03 12:17:00

  • Thomson Financial UK at a glance share guide - weekend

    Forbes - Heads of the biggest gas and electricity companies are being ordered by the government to hand over part of their multi ... the US sub-prime lending crisis could soar even higher as supposedly lower-risk loans are dragged into the American mortgage ...
    2008-03-02 10:51:00

  • I Like to Watch

    Salon - It's true that many Americans are defaulting or are about to default on their loans, and their mortgage companies aren't really answering their calls.
    2008-03-01 08:07:00

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