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business - "credit"

credit


Bank tipped to cut interest rates
The Bank of England is widely expected to cut interest rates to 5% amid signs the credit crisis is hitting the UK.
BBC Wednesday, April 09, 2008


Overview: IMF forecast of slower growth damps mood
Equity and credit markets struggled as the slowing global economy, the health of wall street investment banks and record oil prices kept investors on edge
Financial Times Wednesday, April 09, 2008


Factory output grows '' but figures unlikely to prevent interest rates cut
Apr 10 2008 by Our Correspondent, Western Mail MANUFACTURERS have shown signs of weathering the credit crunch after figures revealed factory output grew by more than expected in February. The Off...
The UK News Wednesday, April 09, 2008


Why Risk Models Failed to Spot the Credit Crisis
Financial institutions struggling with the subprime mortgage mess all say they conducted 'stress tests' to ensure the health of their investment portfolios. But many failed to appreciate the limitations of their risk management models.
NPR Wednesday, April 09, 2008


SaskCentral And Saskatchewan Credit Unions Share Success With Saskatchewan Communities
SaskCentral And Saskatchewan credit Unions Share Success With Saskatchewan Communities
CCNmatthews.com Wednesday, April 09, 2008


$1 Trillion in Losses?
Experienced investors know that the market hates uncertainty. The market can handle bad news as long as it can understand and digest the gloomy information quickly, adjust stock prices to reflect it, and then move on.That's why the slow-motion credit and housing crisis has been so unnerving. 'When will it end?' the talking heads kept asking as the crisis unfolded last year. If only, they said again and again, we knew how much damage all this bad debt is causing -- a number in dollars that everyone on wall street could just accept and then adjust to.Well, that number has arrived, but it hasn't satisfied anyone. because how do you adjust to losses of $1 trillion? How does the market wrap its collective head around a number that large?
Businessweek.com Wednesday, April 09, 2008


Times MPC urges Bank to make 0.25% rate cut
The Bank of England should cut rates by a quarter point tomorrow to boost market confidence in the face of the credit crunch, The Times MPC said today.
Times Online Wednesday, April 09, 2008


Dubai Customs registers 277 companies to its Client Accreditation Program
Dubai Customs announced today that 277 companies have registered to the Client Accreditation Program, which was launched in March 2007, 33 of which belong to the Gold category and 244 to the Bronze category.
AME Info Wednesday, April 09, 2008


IMF makes gloomy forecast for UK economy
Alistair Darling's prediction that Britain will bounce back from the credit crunch by next year looks hopelessly optimistic, according to an authoritative assessment of the crisis by the Washington-based International Monetary Fund.
tiscali.co.uk Wednesday, April 09, 2008


Credit where it's due to you - how to borrow what you need
The shortage of funds available in the market means that lenders cancherry-pick who they are prepared to lend to. Think of the situation as beinglike the television show Blind Date. The lender is out on the front of thestage telling the audience what appeals to him in a partner, and you are one ofseveral candidates behind the screen trying to make yourself sound attractiveto win the date.
moneyextra.com Wednesday, April 09, 2008




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Archived "business - credit" news stories.

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September 2008
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August 2008
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July 2008
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June 2008
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May 2008
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April 2008
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March 2008
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February 2008
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January 2008
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December 2007
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November 2007
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October 2007
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