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King Says Bank Of England Will Act As Recession Seems Likely - Bloomberg
oct. 22 (bloomberg) -- bank of england governor mervyn king said britain's worst banking crisis since world war i is likely to push the economy into a recession, requiring policy makers to act ``promptly'' to prevent inflation from slowing too much ...
www.bloomberg.com

(afx Uk Focus) 2008-10-20 08:01 Vietnam C.bank Cuts Base Rate To 13 Pct From 14 Pct
hanoi, oct 20 (reuters) - vietnam's central bank is cutting its base rate to 13 percent from 14 percent, effective tuesday, an official said on monday.
www.iii.co.uk

Survey: Brazil Central Bank Faces Dilemma On Rate Review
sao paulo -(dow jones)- when members of the brazilian central bank monetary policy committee, or copom, meet next week to review the reference selic interest rate, they will face the classic dilemma of raising rates to fight inflation or holding them steady to guarantee liquidity.
www.nasdaq.com

Banks Urged To Pass On Bail-out Benefits To Customers - Daily Telegraph
they want to see companies such as hbos and royal bank of scotland reforming their practices and being forced to pass on base rate changes to their customers. gordon brown has already called for the international banking system to be overhauled to ...
www.telegraph.co.uk

Meltdown 101: What Are Interest Rate Spreads? - Mississippi Press
new york (ap) — when you go to the bank for a loan, your own credit history isn't the only thing affecting the interest rate. the rate the bank is paying on its own loans factors in, too. this is the idea behind interest rate spreads, which are ...
www.gulflive.com

Hungarian Central Bank Keeps Key Interest Rate Unchanged
(rttnews) - monday, the monetary council of the magyar nemzeti bank decided to retain the base rate at 8.5%. the decision came in line with economists' expectations.
www.nasdaq.com

Hungarian Forint Declines From 4-day High Against Dollar As Hungary's Central Bank Holds Rate At 8.5%
(rttnews) - the hungarian forint ticked down from a 4-day high against the dollar during early new york trading on monday after the monetary council of the magyar nemzeti bank decided to retain the base rate at 8.5%.
www.nasdaq.com

Toronto Stocks Dive On Commodities, Rate Chagrin - Reuters Canada
toronto (reuters) - toronto stock exchange's main index plunged on tuesday, hit by disappointment over a smaller-than-expected rate cut by the bank of canada and by falling commodity prices. the market had largely expected the bank of canada to cut ...
ca.reuters.com

Barclays Plans First Government-guaranteed Bond Sale - Times Online
barclays is set to become the first lender to use the government's £250 billion bank debt guarantee, raising up to £1 billion through the sale of three-year notes, a move that mortgage brokers hope will kick-start the market. brokers hope that if ...
www.timesonline.co.uk

Vietnam's Agribank Cuts Dong Loan Rate To 16.5 Pct
hanoi, oct 22 (reuters) - vietnam's top lender, agribank, has cut its dong lending rate by 1 percentage point to 16.5 percent after the central bank cut its base rate earlier this week.
ph.news.yahoo.com

Commodities And Rate Move Batter Toronto Stocks
the toronto stock exchange's main index ended its brief winning streak by plunging more than 450 points on tuesday, as it was hit by disappointment over a smaller-than-expected rate cut by the bank of canada and by falling commodity prices.
news.yahoo.com

Canada Stocks Fall On Copper, Rate Cut; Barrick, Sun Life Drop - Bloomberg
oct. 21 (bloomberg) -- canadian stocks snapped a two-day rally as commodity producers slid on speculation that slowing global growth will curb demand and financial companies fell on concern they face further credit losses. barrick gold corp . and ...
www.bloomberg.com

Financial Crisis: House-price Slump To Cost Economy £50 Billion - Daily Telegraph
with house prices predicted to make their biggest fall in british history by dropping 35 per cent by autumn next year, the associated consumer spending is expected to plunge, they said. it comes as the government's own data revealed that the number ...
www.telegraph.co.uk

Toronto Stocks Dive On Commodities, Rate Chagrin
toronto stock exchange's main index plunged on tuesday, hit by disappointment over a smaller-than-expected rate cut by the bank of canada and by falling commodity prices.
news.yahoo.com

Bank Of Canada Warns Of Global Recession, Cuts Policy Rate One-quarter Point
julian beltrame, the canadian press october 21, 2008 - 6:11 p.m. bank of canada governor mark carney. the canadian press/paul chiasson ottawa - the bank of canada warned of harsher economic times ahead tuesday, trimming interest rates by one-quarter percentage point and signalling more cuts are likely needed to keep canada out of recession.
www.canadianbusiness.com

'play Fair' With Small Businesses, Banks Told: New Victory For Daily ... - Daily Mail
bank chiefs will be ordered to 'play fair' with small businesses at an emergency summit with alistair darling and peter mandelson on thursday. in another victory for the daily mail's fair deal for small firms campaign, the chancellor and business ...
www.dailymail.co.uk

World Stocks Soar For Second-straight Day On Bank Rescue Plans - Detroit News
london -- european stock markets enjoyed their second straight day of solid gains tuesday following a record rise in japan, while wall street forged higher on the u.s. government's plan to pump $250 billion into banks and shore up the country's ...
www.detnews.com

Bank Of Canada Warns Of Global Recession, Cuts Policy Rate One-quarter Point
julian beltrame, the canadian press october 21, 2008 - 5:07 p.m. bank of canada governor mark carney. the canadian press/paul chiasson ottawa - the bank of canada warned of harsher economic times ahead tuesday, trimming interest rates by one-quarter percentage point and signalling more cuts are likely needed to keep canada out of recession.
www.canadianbusiness.com

Aps Bank Reviews Base Rate
the new base rate will come into effect on november 1, when interest rates on loans and advances will be reduced accordingly. interest rates on deposits will be available from the bank’s branches and from its website.
www.timesofmalta.com

Tracker Mortgage Rates Soar - The Independent
the gap between the cost of tracker mortgages and official interest rates has soared five-fold during the past year, figures showed today. arrangement fees on the mortgages, which move up and down in line with the bank of england base rate, have also ...
www.independent.co.uk