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Wednesday, October 22, 2008
Bloomberg -
By Bryan Keogh Oct. 22 (Bloomberg) -- Corporate short-term borrowing costs plunged after the Federal Reserve accelerated efforts to unlock the commercial ... -
Wednesday, October 22, 2008
Manila Bulletin, Philippines -
By MARTIN CRUTSINGER WASHINGTON (AP) – Treasury Secretary Henry Paulson said Tuesday the current financial challenges facing America will persist for a number of months, but he said the economy will rebound. ... -
Wednesday, October 22, 2008
The Associated Press -
NEW YORK (AP) — A late afternoon barrage of selling sent the Dow Jones industrials tumbling almost 700 points as weak corporate earnings stoked fears that handily beat Wall Street\x27s expectations. (AP Photo/Seth Perlman)", ... -
Wednesday, October 22, 2008
Reuters -
NEW YORK, Oct 22 (Reuters) - The Federal Reserve signaled on Wednesday its funding of short-dated securities purchases to free up frozen lending markets may include a wider range of issuers than previously stated. ... -
Wednesday, October 22, 2008
Bloomberg -
By Scott Lanman Oct. 22 (Bloomberg) -- The Federal Reserve may finance purchases of debt issued by companies not included on an initial list of 50 ... -
Wednesday, October 22, 2008
Financial Times, UK -
By David Oakley Investors are pumping a record amount of cash into money market funds as they rush to the safest instruments amid the market turmoil. In spite of co-ordinated central bank action to inject liquidity into the markets and sweeping measures from governments ... -
Wednesday, October 22, 2008
Financial Times, UK -
By Michael Mackenzie in New York Money market rates fell further yesterday in a sign that various programmes of central bank liquidity are thawing the recent freeze in short term lending. By a number of measures, conditions across the money markets improved yesterday. ... -
Wednesday, October 22, 2008
Financial Times, UK -
Sentiment across money markets improved further yesterday as massive amounts of liquidity from central banks flowed into the banking system and the US Federal Reserve announced a new lending facility for money funds. The Fed said US money market mutual funds ... -
Wednesday, October 22, 2008
Financial Times, UK -
By James Politi and Michael Mackenzie in Washington The US Federal Reserve yesterday said it would finance up to $540bn in purchases of short-term debt from money market mutual funds to shore up a key pillar of the US financial system. Money market funds ... -
Thursday, October 23, 2008
Wall Street Journal -
By MIN ZENG As if money-market fund managers didn't have enough headaches, here is yet another challenge: dwindling yields because of the Federal Reserve's ...
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Oct 19, 2008
Birmingham Post, UK -
Argent, the firm responsible for delivering award-winning Brindleyplace, is to work with Birmingham City Council to produce plans for a £1.2 billion ... -
Oct 20, 2008
Mortgages for Business, UK -
In news that may interest those with commercial mortgages, permission is being sought for a new mixed-use development in Birmingham city centre. The council and developer Argent are seeking approval from the cabinet in order to enter into an exclusivity ... -
Oct 22, 2008
Mortgages for Business, UK -
Those with commercial mortgages may be interested in a development that has opened in Plymouth. The 50@Drake Circus scheme, built by Midas Homes, comprises of apartments and includes two commercial units. One has been taken over by Kevin House in order ... -
Thursday, October 23, 2008
Michigan Business Review - MLive.com, MI -
The theme for next year's University of Michigan Urban Land Institute Real Estate Forum will be regionalism, and attendees received an introductory course at this year's event, Oct. 15 and 16 in Grand Rapids. "Regionalism is easy to talk about but ... -
Thursday, October 23, 2008
Michigan Business Review - MLive.com, MI -
"Real estate does not wait for anyone. Our clients are scrambling for alternative financing," said Tom Wackerman, president of ASTI Environmental in Brighton and Grand Rapids. ASTI's clients are looking into brownfield tax ... -
Thursday, October 23, 2008
Michigan Business Review - MLive.com, MI -
by B. Candace Beeke | Business Review Western Michigan Michigan already in a fragile economic state, the industries we had looked to as our continuing mainstays now are beginning to falter. Whereas we could brag about..."; yahooBuzzArticleCategory = "Opinion"; yahooBuzzArticleType = "text"; ... -
Oct 21, 2008
Daily Mail, UK -
By Anita Pemberton Anita Pemberton, 38, opened The Manor Cottage restaurant with her partner Stuart Punter, 24, in Exmouth, Devon, this year. She says: 'We had both been in the RAF for a number of ... -
Oct 22, 2008
Baltimore Sun, United States -
First, it was the banks. Now the Federal Reserve has come to the aid of money market funds as the government seeks to break the credit logjam that threatens the global economy. A week after the government announced it would spend $250 billion to buy ... -
Oct 22, 2008
Asia Times Online, Hong Kong -
By Henry CK Liu Free-market fundamentalists have been operating in denial mode for more than a year, since the US financial sector imploded in a credit crisis from excessive ... -
Oct 22, 2008
New York Times, United States -
By MICHAEL M. GRYNBAUM For decades, Americans have considered money-market mutual funds as safe as bank accounts. On Tuesday, the Federal Reserve pledged ...
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