Category: Banking

CoreLogic: Homeowner Negative Equity Worsens

March 8th, 2011
in Banking, econ_news

CoreLogic reports that more than 23% of mortgages are underwater. When selling costs are accounted for, more than 27% of mortgages have negative equity. more »

Far East Joins the Rest of the World - All Green Wednesday

February 2nd, 2011
in Banking, econ_news

All major Asia/Pacific markets are trading to the plus side midday Wednesday. Gains are substantial with only Shanghai (+0.3%), New Zealand (+0.1%) and Seoul (+0.1%) below 0.5% advances. more »

Copper at All-Time High as Dollar Weakens

February 1st, 2011
in News, Banking

Copper futures for March delivery climbed to an all-time high of $4.551 a pound. The euro rose to a two-month high versus the dollar more »

Aussie Dollar Trades Near U.S. Parity

January 31st, 2011
in News, Banking

Australia’s dollar traded within half a U.S. cent of parity after the central bank said it will leave interest rates unchanged. more »

Rupee Falls to Two Month Low

January 31st, 2011
in Banking, econ_news

The rupee lost 14 paise today to end at a fresh two-month low of 45.90/91 against the dollar on month-end demand for the US currency amid increased capital outflows. more »

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