Mortgage and Financial News From 2007-12-2 Page 5
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Adelaide Bank to raise rates
News.com.au - But these are independent decisions to be made by them in a market economy. "But I would draw their attention to the fact that working families suffering a series of interest rate rises are already under financial pressure.'' Share this article What ...
2007-12-02 02:23:00 -
Flat likely after doubt over US rates
News.com.au - THE Australian stock market is expected to open flat this morning, with little direction from Wall Street as US investors deal with a probable interest rate cut. On Wall Street on Friday, comments from US Federal Reserve chairman Ben Bernanke ...
2007-12-02 01:19:00 -
Rise tipped for the new year
News.com.au - ECONOMISTS expect the Reserve Bank of Australia to leave interest rates on hold this week - but the likelihood of a rate hike in the new year is increasing due to rising inflation. The RBA board meets in Sydney to discuss monetary policy tomorrow and ...
2007-12-02 01:19:00 -
RPT-JGBs rise on Treasuries as US growth seen slowing
Reuters - TOKYO, Nov 30 (Reuters) - Japanese government bonds rose on Friday after Treasuries rallied overnight on expectations that more strains in the banking sector and weak economic data will prompt a hefty interest rate cut by the Federal Reserve. Federal ...
2007-12-02 03:28:00 -
Positive opening for market
News.com.au - THE market opened higher on a positive US lead and higher base metal prices, with banks also gaining ground on the back of hopes for a U.S. interest-rate cut. New gaming group Crown Ltd got off to a flying start, but the other part of James Packer's ...
2007-12-02 04:25:00 -
With investors reassured by talk of rate cuts, analysts remain ...
International Herald Tribune - Soothing words from the Federal Reserve last week revived the hope that more interest rate cuts were on the way, drowning nervousness in a din of buying. "The market now feels comfortable that the Fed has come to appreciate the severity of the ...
2007-12-02 12:07:00 -
Banks should consider families on interest rates
News.com.au - PRIME Minister-elect Kevin Rudd has asked the banks to consider the plight of working families when considering whether to lift interest rates. The Reserve Bank of Australia (RBA) already has lifted the key cash rate twice in 2007, the latest in ...
2007-12-02 03:13:00 -
Pleas for rate cut as interbank loans dive
Daily Telegraph - The sterling interbank market has collapsed at the fastest rate in modern history, prompting pleas for immediate rate cuts from a chorus of top British economists. News and analysis on the credit crisis Interest rates: news, views and tools Morgan ...
2007-12-02 04:54:00 -
HK stocks set to rise, properties eyed on rate hopes
Reuters UK - HONG KONG, Dec 3 (Reuters) - Hong Kong stocks are expected to to rise on Monday, with local property stocks likely to lead the way on expectations of further interest rate cuts this month. "It will be a fresh start for December and sentiment is seen ...
2007-12-02 05:37:00 -
Freeze tipped on Australian interest rates
News.com.au - THE incoming Rudd Government should escape an interest rate rise when the Reserve Bank meets this week, but could be tested by further hikes early next year. Peter Hendy, chief executive of the Australian Chamber of Commerce and Industry, said a ...
2007-12-02 02:52:00 -
Investors don't bow to interest rate pressure
Xinhua News Agency - The expected pay-in-advance rush on mortgages didn't occur in Shanghai, despite five interest rate increases this year, banks in Shanghai said. The year-end is usually a peak season for mortgage owners to pay back their home lending in advance - just ...
2007-12-02 04:39:00 -
Market flat as US waits for rate cut (The Border Mail)
THE Australian stock market is expected to open flat today, with little direction from Wall Street as US investors grapple with the probability of another interest rate cut.
2007-12-02 05:08:14 -
Australia PM-Elect: Banks Should Adhere To RBA Target Rate (Nasdaq)
CANBERRA -(Dow Jones)- Australia's prime minister-elect, Kevin Rudd, on Monday cautioned the country's commercial banks against raising mortgage interest rates by a bigger margin than any tightening in the Reserve Bank of Australia's overnight cash rate target.
2007-12-02 01:59:27 -
Japan Stocks Look To Push Higher On Rate Cut Momentum (Nasdaq)
(RTTNews) - Japan stocks look Monday to build on the last week's closing gains spurred by new indications of lower U.S. interest rates. Japanese shares moved higher Friday after hopes for another U.S. interest rate reduction were raised during a speech by Federal Reserve Chairman Ben Bernanke.
2007-12-02 03:14:27 -
Freeze tipped on interest rates (Daily Telegraph)
THE incoming Rudd Government should escape an interest rate rise when the Reserve Bank meets this week, but could be tested by further hikes early next year.
2007-12-02 12:57:30