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Western Europe Information
- MADRID, Nov 3 (Reuters) - Spanish builder OHL's Mexican concessions unit has secured a 6 billion Mexican peso ($474 million) loan to refinance debt and build part of a ring road in Mexico City, the company said on Monday. In a statement OHL said the ...
- The Federal Reserve's move to increase swap lines with other central banks around the world to make dollar funding easier has helped dollar rates fall. ... The premium paid for two-year interest rate swaps over two ...
- 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 ...
- 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 ...
- The Bank of Japan was the latest central bank to lower interest rates, reducing its overnight call rate target to 0.3 percent from 0.5 percent, following similar moves by the U.S. Federal Reserve and central banks in China, Hong Kong and Taiwan this ...
- The Federal Reserve cut U.S. interest rates by a half-percentage point to 1.0 percent on Wednesday to try to stave off a prolonged recession, and left the door open to further reductions if needed. For interest rate changes in 2007 please double click ...
- 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 ...
- 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 ...
- 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 ...
- LONDON, Oct 30 (Reuters) - European shares are set to open strongly on Thursday, according to financial bookmakers, tracking sharp rise in Asian markets as commodity prices gained and the yen weakened after the Federal Reserve cut interest rates ...
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