Mortgage and Financial News From 2008-7-6 Page 01
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Regulation Looms for Prediction Markets (BusinessWeek)
The Commodity Futures Trading Commission is likely to become involved in regulating events futures—and it just may boost these markets
2008-07-06 10:17:02 -
S.Korea banks Q3 credit risk at over 4-yr high-BOK (Reuters via Yahoo! Singapore News)
SEOUL, July 7 (Reuters) - South Korean banks face their worst credit risks from lending to small companies and households in more than four years in the current quarter, a central bank survey showed on Monday.
2008-07-06 10:24:47 -
Letters to the Editor (Daily Dispatch)
IT WAS most encouraging to read the letter from Loyiso Phantshwa No surprise when voters stay home in our 2009 elections (DD July 4). It spoke up for the troubled majority of South Africans.
2008-07-06 10:33:00 -
Opec rules out price decline (Gulf Times)
ALGIERS: Opec President Chakib Khelil ruled out yesterday an eventual oil price fall in view of strong Chinese and Indian demand, adding geopolitics and a weak dollar were behind the current spike, Algeria’s APS news agency reported.
2008-07-06 10:47:20 -
Housing market in Welsh town shows wider woes (The Kansas City Star)
During a bustling lunch hour in this Welsh commuter town, 25-year-old Richard Williams is one of the few who pause to look at properties for sale in a real-estate agent's window - and he isn't buying.
2008-07-06 12:56:11 -
U.S. buck’s sag spawning evils (Times Leader)
WASHINGTON — Things in the U.S. sure are tough. Brother, can you spare a euro?
2008-07-06 10:52:36 -
Put the commodities on the wanted posters (Journal Inquirer)
Bank of America’s chief economist, Mickey D. Levy analyzes and forecasts national and international economic performance and financial market behavior and conducts research on monetary and fiscal policies. Levy, a widely quoted economic observer, is also an adviser to several Federal Reserve Banks.
2008-07-06 10:54:10 -
Strenuous obstacles to short sales compound headaches for homeowners (The Palm Beach Post)
Reggie Capiro had reached his breaking point.
2008-07-06 05:36:10 -
Hertz, Resimac, Columbus Capital, Westpac: Australia Bond Alert (Bloomberg.com)
July 7 (Bloomberg) -- Hertz Global Holdings Inc., Resimac Ltd. and Columbus Capital Ltd. lead companies considering selling Australian dollar bonds.
2008-07-06 05:48:41 -
Michael Ruzicka discusses local real estate market (Milwaukee Journal Sentinel)
Michael Ruzicka is president of the Greater Milwaukee Association of Realtors. When he took the office in 2000, the organization had 2,800 members. Now it has about 4,400.
2008-07-06 06:53:01 -
(UPDATE) Shares up 1.9%, inflation worries cap gains (Philippine Daily Inquirer)
MANILA, Philippines -- Shares rose on Monday for the second straight session as investors snapped up bargains, but persistent concerns about rising inflation and a faltering domestic economy capped gains and kept volumes thin.
2008-07-06 11:09:04 -
Global Overview (ShareCast)
It was a miserable week for the world’s stock markets, capping an equally miserable first half of the year. Concerns about the financial health of banks are like an unwelcome guest at a party; they just won’t go away.
2008-07-06 10:49:25 -
RP debt yields to move narrowly before central bank meeting (Philippine Daily Inquirer)
MANILA, Philippines -- Debt yields are expected to move in a narrow range this week, with yields on bonds four years and higher to continue their gradual uptrend ahead of the central bank's rate-setting meeting next week.
2008-07-06 11:09:13 -
American dream goes global (Boston Globe)
She was raised in a little wooden house with a thatched roof in the Dominican Republic, a nation she left behind 17 years ago to clean offices in Boston's skyscrapers and dorm rooms at Harvard University.
2008-07-06 10:57:18 -
Callable CDs: A wrong number? (The State)
Interest rates are low, so savers are pressed to find decent returns. Certificates of deposit are an ultra-safe way to save money. Amounts below $100,000 are federally insured. But with today’s low interest rates, they don’t pay very much. CD holders are lucky to keep abreast of inflation. So there’s a lot of interest lately in callable CDs, which may pay up to one-half to 1 percentage point ...
2008-07-05 09:21:27