Mortgage and Financial News From 2008-1-23 Page 10

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• Asian stocks rise on hopes global sell-off is over - Channel News Asia

  Asian stocks rise on hopes global sell-off is overChannel News Asia, Singapore - 58 minutes agoThe Federal Reserve took the unprecedented emergency move Tuesday of slashing its benchmark interest rate by 75 basis points amid mounting concern that a US ...
  2008-01-23 08:49:53

• Realism not spin needed as global economic down-cycle gathers pace - Irish Independent

  Realism not spin needed as global economic down-cycle gathers paceIrish Independent, Ireland - 53 minutes agoThe Bank of England and the US Federal Reserve look certain to be forced to cut their interest rates quite sharply over the coming months, ...
  2008-01-23 08:55:33

• financial storm is not over yet - Irish Independent

  financial storm is not over yetIrish Independent, Ireland - 52 minutes agoCutting the interest rate may have stemmed the downward flow for now but this action in itself will fuel inflationary fears and we are sure to see higher ...
  2008-01-23 08:56:18

• Interest rates go down - Cay Compass

  Interest rates go downCay Compass, Cayman Islands - 46 minutes agoScotiabank announced in a newspaper advertisement yesterday that it was decreasing its CI dollar prime rate from 7.25 per cent per annum to 6.5 per cent pa ...
  2008-01-23 09:01:57

• Inflation pressures Reserve on rates - Milton Ulladulla Times

  Inflation pressures Reserve on ratesMilton Ulladulla Times, Australia - 45 minutes agoThe worst inflation result for 16 years dented Australia's sharemarket recovery yesterday and added to pressure for a February interest rate rise. ...
  2008-01-23 09:03:11

• Today’s Editorial January 24: Rate cuts will help, a little - Cay Compass

  Today’s Editorial January 24: Rate cuts will help, a littleCay Compass, Cayman Islands - 41 minutes agoBut don’t be in a rush to head for the bank and borrow just because rates are down. All interest rate movements are cyclical in nature. ...
  2008-01-23 09:07:24

• Community Bancorp Announces 30.4% - Ad-Hoc-News (Pressemitteilung)

  Community Bancorp Announces 30.4%Ad-Hoc-News (Pressemitteilung), Germany - 37 minutes agoThe increase in the loan yields in 2007 as compared to 2006 was due primarily to the slightly higher average prime rate of 8.05% in 2007 compared to 7.96% ...
  2008-01-23 09:11:37

• Cabinet seeks stronger stance against Israeli attacks in Gaza - Arab Times

  Cabinet seeks stronger stance against Israeli attacks in GazaArab Times, Kuwait - 34 minutes agoDeputy Prime Minister and Minister of State for Cabinet Affairs Faisal Al-Hajji on Wednesday called for a continuation of the new spirit of cooperation ...
  2008-01-23 09:13:54

• Hong Kong shares end morning higher in volatile trade on Wall St's ... - Forbes

  Hong Kong shares end morning higher in volatile trade on Wall St's ...Forbes, NY - 30 minutes agoProperty stocks rallied, with the index gaining 2.8 percent to 35327.55 points, as more attractive mortgage rates following cuts in local prime lending ...
  2008-01-23 09:17:51

• Canadian residential real estate future is solid - CNW Telbec (Communiqués de presse)

  Canadian residential real estate future is solidCNW Telbec (Communiqués de presse), Canada - 28 minutes agoThe domestic economy and the housing market will weather the sub-prime fallout with the help of lower interest rates". For further information: Gregory ...
  2008-01-23 09:20:11

• NZealand central bank leaves interest rates unchanged - AFP

  NZealand central bank leaves interest rates unchangedAFP - 17 minutes agoWELLINGTON (AFP) — New Zealand's central bank left interest rates unchanged Thursday, saying the economy was in good shape despite recent global market ...
  2008-01-23 09:30:47

• Inflation pressures Reserve on rates (Southern Highland News)

  The worst inflation result for 16 years dented Australia's sharemarket recovery yesterday and added to pressure for a February interest rate rise.
  2008-01-23 08:56:35

• Economic woes dampen Davos party (Mail and Guardian)

  The annual Davos gathering of the world's political and business elite opened on Wednesday with the fragile state of the world economy and stock-market turmoil casting a pall over the glitzy get-together.
  2008-01-23 09:15:36

• Kuwait News (Arab Times)

  KUWAIT : “The Council of Ministers should take a stronger stance against the Israeli attacks on Gaza Strip,” MPs said Wednesday in a parliamentary discussion on the recent developments in Gaza. The MPs urged the concerned authorities to immediately stop Israeli atrocities in Gaza, provide moral and financial assistance through the Turkish and Egyptian governments, push for the opening of Rafah’s ...
  2008-01-23 09:18:46

• Community Bancorp Announces 30.4% Growth in Net Income for 2007 (Centre Daily Times)

  Community Bancorp (NASDAQ: CBON), the Las Vegas-based community bank holding company with $1.7 billion in total assets as of December 31, 2007, operating through Community Bank of Nevada and Community Bank of Arizona, today announced financial results for the three and twelve months ended December 31, 2007.
  2008-01-23 09:23:17

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