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U.K. Reviews Easing Fees for Banks The U.K. may ease terms of a bailout for cash-strapped banks as it struggles to figure out the best way to help banks, the housing market and consumers. Wall Street JournalSouth Korea central bank slashes key interest rate South Korea's central bank carried out its biggest interest rate cut ever Thursday, slashing borrowing costs by a full percentage point to a record low in a bid to stave off possible recession. The Bank of Korea lowered the benchmark seven-day repurchase rate... San Francisco ChronicleUS Dollar / Swiss Franc Tests Key Support Ahead of SNB Rate Decision The Swiss Franc is positioned ahead key support against the US Dollar ahead of the upcoming interest rate announcement from the SNB, with the central bank... Daily FXA SNB Rate Hold Would Validate the Bullish Swiss Franc Technical Outlook The Swiss National Bank is expected to cut their target rate by another 50bps bringing it down to 0.50% which would be just above the 0.3% of Japan's.... Daily FXForex Market Expectations Mixed Ahead of SNB Rate Decision, Threatening Volatility (Euro Open) The Swiss National Bank is set to announce interest rates in European hours. Expectations are mixed, with economists predicting a 50 basis point cut while... Daily FXGMAC bond exchange flop threatens bank bid (Reuters) Auto and mortgage lender GMAC said on Wednesday that only a fraction of its bondholders agreed to swap their debt, raising doubts over the company's efforts to become a bank holding company and stay solvent. yahoo.comPrincipal Financial to Cut 550 Jobs at Des Moines Headquarters Des Moines-based Principal Financial Group Inc. says it is cutting 300 jobs at its headquarters and around 250 in 45 other locations. The insurance, banking, retirement and asset management ... Insurancejournal.comLawmakers rap Treasury on bailout plan (Reuters) U.S. lawmakers on Wednesday threatened to withhold the remaining half of the $700 billion of financial bailout cash unless Treasury Department officials do more to help homeowners avoid foreclosure and push banks to extend more credit to consumers. yahoo.comWorld markets mostly down as dismal data weighed SHANGHAI, China (AP) -- World markets were mostly lower in choppy trading Thursday, as investors mulled dismal economic data from China and a hefty, recession-fighting interest rate cut by South Korea's central bank.... The Arizona RepublicWorld Bank to `fast-track` financial aid The World Bank announced its 'fast-track' economic assistance program Wednesday, which aims to make $2 billion in financial aid available quicker to countries in dire economic condition. CNN1 2 3 4 5 |
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9th of September 2009 - Interview of Feedzilla's founder at the IFA in Berlin. [More]
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