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Showing 301 - 310 of 344 results for "Bank of England"

Sub-prime Godzilla tramples Japan

SUZY MAC  |  THURSDAY, 15 NOV 2007
... the great depression of the 1930s. In its first credit crunch post-mortem - the quarterly inflation report - the Bank of England is sure to take the scalpel to interest rates with the prognosis for both economic growth and inflation looking pretty gr ...

Market Wrap - Midday

AAP  |  THURSDAY, 18 OCT 2007
... interest rate cut in the United States also had kept the mood positive locally. "I think so. It looks like the Bank of England might do the same thing (lower rates)... so a softening of interest rates, probably globally (has boosted the market)." Woodside ...

Market Wrap - Midday

AAP  |  TUESDAY, 18 SEP 2007
... Northern Rock continued to withdraw savings after the bank was forced last week to seek emergency funding from the Bank of England. The Dow Jones industrial average fell 39.10 points, or 0.29 per cent, to 13,403.42. The Standard & Poor's 500 Index slipped ...

Credit crunch driving recession fears

SUZY MAC IS ON LEAVE  |  TUESDAY, 18 SEP 2007
... worry is that if this can happen to an institution like Northern Rock then what hope the rest, which is why the Bank of England stepped in with an emergency line of credit though it is yet to be called upon by Northern Rock. Indeed in Australia, concerns ...

Market Wrap - Midday

AAP  |  MONDAY, 17 SEP 2007
... fell after British mortgage firm Northern Rock became the latest casualty of the global credit squeeze, with the Bank of England having to step in to help with liquidity" Mr Sebastian said. "We also have the US Federal Reserve's policy meeting tomorrow ...

Market Wrap - Midday

AAP  |  FRIDAY, 14 SEP 2007
... fallout from the US sub-prime mortgage sector. "There was news that Northern Rock had to go cap in hand to the Bank of England... due to losses related to US sub-prime woes," RBC senior currency strategist Sue Trinh said. The Financial Times reported ...

The price of pain

SUZY MAC  |  MONDAY, 13 AUG 2007
Nothing like a good cash injection to stabilise ailing equity markets, or in the Bank of England's case, offering the patient a drip but at a price. Equity markets suffered another bumpy ride on Friday night with the Dow roller coasting again, dropping ...

Market Wrap - Morning

AAP  |  FRIDAY, 3 AUG 2007
... climbed 22.82 points, or 0.89 per cent, to 2,575.98. LONDON - The UK's leading share index rose 0.8 per cent as the Bank of England and the European Central Bank kept interest rates on hold, and a raft of upbeat earnings helped lift global equities. ...

Market wrap - morning

AAP  |  FRIDAY, 6 JUL 2007
... 10 basis points overnight to 5.14 per cent while two-year yields put on nine basis points to 4.97 per cent. The Bank of England increased interest rates by 25 basis points to 5.75 per cent overnight while the European Central Bank (ECB) left rates steady ...

Economic round up: savings follow interest rates

SUZY MAC  |  FRIDAY, 6 JUL 2007
... trend of increased consumer savings. Interest rates were raised in the UK for the fifth time in 11 months and the Bank of England remains concerned that inflation is not showing signs of coming under control. Rates were raised by a quarter of a point ...