Dodging another Great Depression

Federal Reserve, Bank of Japan and People's Bank of China all lowered interest rates last week. With the rate cuts, government steps to shore up banks and guarantee loans, and programs to get hard currency into emerging markets, credit is starting to ...

Negative equity risk for 1.2 million homes

LONDON (Reuters) - Some 1.2 million households could fall into negative equity if the housing slump continues, the Bank of England said on Tuesday. In its twice-yearly Financial Stability Report, the bank said a 15 percent drop in prices from their ...

Consumers slash spending, world markets stabilize

The Bank of Japan cut interest rates for the first time in seven years on Friday in a move that followed a rate cut by the U.S. Federal Reserve on Wednesday. The European Central Bank and the Bank of England are expected to do the same next week. In ...

India cuts rates to ease cash squeeze, support growth

Policymakers around the world have slashed interest rates in recent weeks and injected ... short-term lending rate by 50 basis points to 7.5 percent and banks' cash reserve ... of the central bank move asking lenders to keep less of their deposits in federal ...

Japan cuts rates

The Bank of Japan's move followed a cut in interest rates from the U.S. Federal Reserve earlier in the week and likely presaged the same from the European Central Bank and Bank of England next week. Policymakers have been struggling to find the right ...

Microsoft warns of financial crisis email scams

We have seen an increase in some mortgage refinance type of scams. We are anticipating that they'll become more sophisticated. "We have seen that with Hurricane Katrina, the (2004 Asian) tsunami and other natural disasters where the scammers ...

Bargain-hunters trickle back to U.S. housing market

PARADISE VALLEY, Arizona (Reuters) - If you believe the media hype, there are millions of homes for sale in America and not a buyer in sight. But one person's dead market is another's buying opportunity. In the Phoenix suburbs, a five-bedroom home ...

Global stocks, euro rally on emerging market gains

LONDON (Reuters) - World stocks and the euro rallied on Thursday, driven by bargain-hunting and sweeping gains in emerging markets after the Federal Reserve cut interest rates and opened swap lines to four developing economies. Investors saw a return ...

Oil above $64 after U.S. stocks surge

SINGAPORE (Reuters) - Oil rose above $64 a barrel on Wednesday, ending a three-day losing streak, after stock markets rallied on bargain hunting and hopes that Japan and the Federal Reserve will cut interest rates to spur growth. Asia-Pacific stocks ...

Oil above $64 to end three day losses

SINGAPORE (Reuters) - Oil rose above $64 a barrel on Wednesday, ending a three-day losing streak, after stock markets rallied on bargain hunting and hopes that Japan and the U.S. Federal Reserve will cut interest rates to spur growth. Asia-Pacific ...

---

Pages:   1   2   3   4   5   6   ...   Next

These articles are related to: Online Report Text Item