Financial industry pushes for lower mortgage rates
WASHINGTON -- Financial industry lobbyists are urging the Treasury Department to take steps to lower mortgage rates and help stabilize the battered U.S. housing market.

China Wealth Fund Lacks Stomach For Financial Buys
The China Investment Corporation , the sovereign wealth fund that has incurred steep paper losses on its stakes in U.S. financial firms, said on Wednesday it is ?not brave enough? to invest in foreign financial firms and lacks confidence in the shifting U.S. financial regulatory situation, Reuters reported.

China wealth fund lacks stomach for financial buys
HONG KONG (Reuters) - China Investment Corp, the sovereign wealth fund that has incurred steep paper losses on its stakes in U.S. financial firms, said on Wednesday it is "not brave enough" to invest in foreign financial firms and lacks confidence in the shifting U.S. financial regulatory situation.

Financial industry pushes for lower mortgage rates
Financial industry lobbyists are urging the Treasury Department to take steps to lower mortgage rates in hopes of stabilizing the housing market.

Analog Devices Names David Zinsner Financial Chief
Analog Devices Names David Zinsner Financial Chief

Financial Stocks: Bulls outlast bears in Wednesday grudge match
Shares of U.S. financial firms remain volatile as investors play tug-of-war over positive news about rising mortgage applications and bearish reports of draconian job cuts and weak economic data.

Financial crisis God's work - MP
ROOKIE MP James Bidgood, under investigation for selling pictures of a protestor attempting to set fire to himself, says the global financial crisis an act of God.

Financial industry pushes for lower mortgage rates
Financial industry lobbyists are urging the Treasury Department to take steps to lower mortgage rates and help stabilize the battered U.S. housing market. Under one proposal, Treasury would seek to lower the rate on a 30-year mortgage to 4.5 percent by...

Financial crisis an act of God - Bidgood
LABOR MP James Bidgood, the first-time MP under investigation for selling pictures of a protester attempting to set fire to himself outside Parliament House, has declared the global financial crisis an act of God.

Financial crisis an act of God - Bidgood
AN MP under investigation for selling pictures of a protestor attempting to set fire to himself has declared the global financial crisis an act of God.

Thailand leads global rates cuts in financial criisis fightback
Thailand led a new round of global interest rates cuts on Wednesday, with countries expected to follow in the next few days to fight an unrelenting financial crisis. In London, the British governme...

Fitch Withdraws Rating on Financial Technologies (India) Limited
Fitch Ratings has today withdrawn the 'F1(ind)' rating assigned to Financial Technologies (India) Limited's INR3,000m Commercial Paper issue due to a lack of adequate information. There is no outstand

Obama: Financial bailout must help homeowners, too
WASHINGTON -- President-elect Barack Obama signaled a clear desire Wednesday to use a significant portion of $700 billion in financial bailout funds to stanch foreclosures by helping struggling homeowners with their mortgages.

Olympic boost for financial crisis
A KEY organiser of the London 2012 Olympics has rebutted suggestions that the global financial crisis has made this the worst possible time to stage the games.

Scotiabank Changes Terms of CI Financial Purchase, Adds Stock
Dec. 3 (Bloomberg) -- Bank of Nova Scotia, Canada?s third- largest bank by assets, changed the terms on its C$2.3 billion ($1.83 billion) purchase of a 37 percent stake in CI Financial Income Fund to include common and preferred shares.

Financial industry pushes for lower mortgage rates
Financial industry lobbyists are urging the Treasury Department to take steps to lower mortgage rates and help stabilize the battered U.S. housing market. Under one proposal, Treasury would seek to lower the rate on a 30-year mortgage to 4.5 percent by purchasing mortgage-backed securities from Fannie Mae and Freddie Mac, Scott Talbott, chief lobbyist at the Financial Services Roundtable, ...

Obama: Financial bailout must help homeowners, too
President-elect Barack Obama signaled a clear desire Wednesday to use a significant portion of $700 billion in financial bailout funds to stanch foreclosures by helping struggling homeowners with their mortgages. "The deteriorating assets in the financial markets are rooted in the deterioration of people being able to pay their mortgages and stay in their homes," he said.

Nufarm 'sound financial position'
Agricultural chemicals group Nufarm Ltd has reaffirmed its guidance for fiscal 2009 earnings and says it is in a sound financial position.

Financial industry pushes for lower mortgage rates
WASHINGTON (AP) -- Financial industry lobbyists are urging the Treasury Department to take steps to lower mortgage rates in an effort to stabilize the housing market.

Financial industry pushes for lower mortgage rates
By CHRISTOPHER S. RUGABER and ALAN ZIBEL Financial industry lobbyists are urging the Treasury Department to take steps to lower mortgage rates and help stabilize the battered U.S. housing market. Under one proposal, Treasury would seek to lower the rate on a 30-year mortgage to 4.5 percent by purchasing mortgage-backed securities from Fannie Mae and Freddie Mac, Scott Talbott, chief lobbyist at ...