Cheap fixed-rate mortgage deals started disappearing yesterday as banks and building societies began to factor in the possibility of two or even three more interest rate rises in the coming months.
Homebuyers found themselves left in the lurch after the Halifax and many other lenders began withdrawing their best fixed-rate deals and indicated they would be […]
Disgraced former Queensland Labor Government minister Gordon Nuttall says he wants the state’s crime watchdog to stop intimidating and harassing him.
The Crime and Misconduct Commission (CMC) yesterday raided the former minister’s Brisbane home, his house at Woodgate near Bundaberg, his father-in-law’s home at Woodgate and a number of other premises.
Nuttall is already facing 35 […]
STOCKHOLM (AFX) - The minutes from the Riksbank’s February 14 monetary meeting show the board was unanimous in its decision to hike the repo rate 0.25 percentage points to 3.25 pct.
The members agreed that an increase in the repo rate of 0.25 percentage points was the most reasonable decision given the country’s continued good levels […]
WASHINGTON (AP) - Federal Reserve Chairman Ben Bernanke faced his first market crisis with a calm, matter-of-fact demeanor that won praise from lawmakers and economists alike.
Rather than the famously opaque language that predecessor Alan Greenspan sometimes employed, Bernanke answered lawmakers’ questions with plain vanilla statements Wednesday that seemed to do the trick to calm investor […]
CARACAS: With President Hugo Chбvez setting May 1 as the deadline for an ambitious plan to wrest control of several major oil projects from U.S. and European companies, a showdown is looming here over access to some of the most coveted energy resources outside the Middle East.
Moving beyond empty threats to cut off all […]