Mortgage and Financial News From 2008-1-10 Page 62

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  • Toyota says global sales rose 6% last year to 9.37 million (Detroit Free Press)

    TOKYO — Toyota said Thursday that its global group sales rose 6% last year to 9.37 million vehicles, making for a tight race against General Motors Corp. to be the world's biggest automaker.
    2008-01-10 06:15:55

  • Retailer fears ease on rate hold

    BBC Business - Shares in UK retailers rebounded after Sainsbury's reported Christmas sales in line with expectations and the Bank of England kept interest rates on hold. A disappointing trading update from Marks and Spencer (M&S) on Wednesday had prompted a sector ...
    2008-01-10 04:40:00

  • Interest rate cut hopes hammer sterling

    Daily Telegraph - The pound has slipped to a new record low against the euro and a 9½-month low against the dollar as markets bet that the Bank of England will cut interest rates today. Markets are pricing in a 62pc probability that the Bank's Monetary Policy ...
    2008-01-10 03:36:00

  • FTSE flat ahead of rate verdicts; Sainsbury boosts

    Reuters - LONDON, Jan 10 (Reuters) - Britain's top share index trimmed earlier gains on Thursday ahead of interest rate decisions from the Bank of England and the European Central Bank, while J Sainsbury (SBRY.L: Quote , Profile , Research ) boosted retailers ...
    2008-01-10 03:07:00

  • Interest rate anxiety hits market

    MSN UK News - The FTSE 100 Index stuck close to its opening mark as anxiety over interest rates overshadowed a strong trading update from Sainsbury's. The retailer's 3.7% rise in like-for-like sales over Christmas was met with relief and helped its share price ...
    2008-01-10 04:19:00

  • European Government Bonds Decline Before ECB's Rate Decision

    Bloomberg - Jan. 10 (Bloomberg) -- European government bonds fell before a central bank decision in which policy makers are likely to keep the region's main interest rate at the highest in more than six years. The decline pushed the yield on the 10-year German ...
    2008-01-10 04:40:00

  • Euro Is Little Changed as ECB Leaves Key Rate at Six-Year High

    Bloomberg - Jan. 10 (Bloomberg) -- The euro was little changed against the dollar and the yen after the European Central Bank left its benchmark interest rate at a six-year high. Policy makers led by President Jean-Claude Trichet kept the main refinancing rate ...
    2008-01-10 05:23:00

  • Corporate Bond Risk Rises in Europe as U.K. Key Rate Unchanged

    Bloomberg - Jan. 10 (Bloomberg) -- The risk of European companies defaulting on their debt rose after the Bank of England kept its benchmark interest rate unchanged at 5.5 percent today, according to traders of credit-default swaps. Contracts on the Markit ...
    2008-01-10 04:40:00

  • Bank's Tough Interest Rate Decision

    Guardian Unlimited - The Bank of England's rate-setters are under pressure to cut borrowing costs after increasing signs of a high street spending slowdown. The head of retail giant Marks & Spencer, Sir Stuart Rose, added his voice to calls for a second successive rate ...
    2008-01-10 03:36:00

  • FTSE flat ahead of rate verdicts

    International Herald Tribune - LONDON : The top share index trimmed earlier gains on Thursday ahead of interest rate decisions from the Bank of England and the European Central Bank, while J Sainsbury boosted retailers. At 10:49 a.m. the FTSE 100 was up 12.4 points at 6,285.1 ...
    2008-01-10 03:36:00

  • Euro Rises Against Dollar Before ECB Interest-Rate Decision

    Bloomberg - Jan. 10 (Bloomberg) -- The euro rose against the dollar on speculation European Central Bank will leave interest rates unchanged and President Jean-Claude Trichet will emphasize concern about inflation in the region. The euro gained as all economists ...
    2008-01-10 02:46:00

  • Bank of Korea Keeps Key Rate Unchanged

    Forbes - The Bank of Korea held its benchmark interest rate steady Thursday, saying it will closely monitor external risks and domestic inflation. The central bank said in a statement that it kept its overnight call rate target for loans to commercial banks ...
    2008-01-10 03:29:00

  • No surprise today but interest rate cut is due

    Daily Telegraph - Should we be surprised that the Bank of England opted to leave interest rates on hold at 5.5pc? No. Markets may well have become over-excited in the past week or so, putting the chances of a cut up to 60pc or so, but there are a number of important ...
    2008-01-10 05:23:00

  • Bank Reveals Interest Rate Decision

    Sky.com - The decision to keep the base rate of interest at 5.5% comes despite calls for a cut from high street businesses. Economists said the Bank's Monetary Policy Committee was facing one of its toughest decisions in years. Most believe interest rates will ...
    2008-01-10 05:23:00

  • Dollar slips in Europe with doubts over interest rate cuts by central ...

    CNBC - BERLIN - The dollar slipped against the euro and the pound ahead of a pair of interest rate decisions Thursday by the Bank of England and the European Central Bank. The 15-nation euro bought $1.4670 in morning European trading, edging higher from the ...
    2008-01-10 03:50:00

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