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1 July 2008 year (time zone GMT 00:00)  Number of sources in English: 4954
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Tuesday Events: U.S. Retail Sales, U.S. Construction Spending, US ISM Index

01.07.2008 18:43    mortgagenewsdaily.com
CEP News)- Today's key economic release will be the ISM manufacturing index for June where economists expect a drop to 48.5 from May's 49.6 reading. Canadian markets will be closed to observe Canada Day.


MICA Reports Continued Problems for U.S. Homeowners

01.07.2008 18:43    mortgagenewsdaily.com
Nearly 68,000 American homeowners with mortgage insurance fell more than 60 days behind on their loans in May, outnumbering the 40,687 people who cured their situation in the month, according to a release from the Mortgage Insurance Companies of America

MBA Says Home Construction Loan Delinquency Rate Misleading

01.07.2008 18:43    mortgagenewsdaily.com
Constructions loans for single and multi family projects in the United States are incorrectly included in commercial real estate delinquency reports, according to the Mortgage Bankers Association's most recent Commercial/Multifamily Research DataNote.

ISM Manufacturing Halts Four Months of Declines, Rebounds to 50.2

01.07.2008 18:42    mortgagenewsdaily.com
The U.S. manufacturing sector halted a four-month trend of deterioration and rebounded into growth mode at 50.2 in June, against expectations of a decline to 48.5, according to the ISM manufacturing survey released on Tuesday morning. Despite the headline advance,


Will Lehman Brothers Survive Another Round of Rumors?

01.07.2008 18:42    mortgagenewsdaily.com
Rumors were swirling about another major Wall Street player on Monday as Lehman Brothers Holdings Inc. stock fell 11 percent.

U. S. Construction Spending Drops Further in May

01.07.2008 18:42    mortgagenewsdaily.com
According to a report from the U.S. Department of Commerce, construction spending in the United States declined 0.4% month-over-month in May.

CIT Group Sells Off its Last Home Related Business Interests

01.07.2008 18:42    mortgagenewsdaily.com
CIT Group announced on Monday that it was selling both its home lending business and its manufactured-housing division.

Fixed rate Stafford loan rate drop

01.07.2008 15:39    bluestudentloan.com
just as of July 1, 2008, the curiosity scale on all NEW subsidized Stafford loans last wishes drop to 6.0%, a reduction of 0.8%. tote this in mind closest year when it's time to compact your student loans!ShareThis

Standard Life's new director

01.07.2008 13:58    business.scotsman.com
STANDARD Life International has appointed a qualified actuary as a new non-executive director.

Bank Melli denies pulling assets out of Europe

01.07.2008 12:16    arabianbusiness.com
Iranian lender says it has not transferred assets following fresh EU sanctions.
Bank Melli denies pulling assets out of Europe

GCC to decide 'feasible' currency schedule

01.07.2008 12:15    arabianbusiness.com
Saudi central bank governor says Gulf planning new deadline for single currency.

First Place Financial acquires OC Financial

01.07.2008 12:14    banking-business-review.com
First Place Financial, a financial services holding company, has completed its acquisition of OC Financial.

Telmex Internacional selects JPMorgan for ADR program

01.07.2008 12:14    banking-business-review.com
JPMorgan has been selected by Telmex Internacional to serve as the depositary bank for its new series A share and series L share American depositary receipt programs.

Glitnir launches new international deposit product

01.07.2008 12:14    banking-business-review.com
Iceland-based Glitnir Bank has launched 'Save&Save', a deposit product which the bank will offer to its customers in its two main markets of Iceland and Norway.

HSBC Bank and Global Payments finalize merchant services JV in UK

01.07.2008 12:14    banking-business-review.com
Global Payments has completed the formation of a joint venture with HSBC Bank to provide payment processing services to merchants in the UK and internet merchants globally. The joint venture, HSBC Merchant Services, will provide merchant acquiring services to over

White River Capital signs merger agreement with First Chicago Bancorp

01.07.2008 12:14    banking-business-review.com
White River Capital and First Chicago Bancorp have signed a definitive agreement and plan of merger pursuant to which First Chicago will merge into White River.

Child trust fund rates cut despite savings price competition, says MoneyExpert

01.07.2008 12:14    banking-business-review.com
An analysis from MoneyExpert.com, a financial comparison site, has revealed that the parents investing their child trust fund money in cash accounts have seen average rates cut by 0.21% in a year despite the ongoing credit crunch boosting payouts across

Jaguar Financial announces acquisition of additional common shares of Telehop

01.07.2008 12:14    banking-business-review.com
Jaguar Financial, a Canadian merchant bank, has announced its acquisition of 65,000 common shares of Telehop Communications representing approximately 0.49% of the total issued common shares of Telehop.

UK building society savings up in May, says BSA

01.07.2008 12:14    banking-business-review.com
The UK Building Societies Association has announced that building societies have attracted inflows of GBP853 million, in May 2008, which is the highest May figure since 2002.

Fidelity International to introduce online fund platform in India

01.07.2008 12:14    banking-business-review.com
Fidelity International has announced that it will launch its online fund platform, FundsNetwork, in India.

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