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Even when prices are falling, your house can be hard at work making you richer (Independent)
Over the past decade, many homeowners have become accustomed to watching their property earn more than they do. House prices soared and bigger loans with which to upsize were fairly easy to come by.
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Bypass the credit jam and drive loan costs down (Independent)
This week, new cars will roll off forecourts up and down the country as the 58 registration is introduced. And despite endless warnings about the dire effects of the credit crunch, much of this spending will be financed through credit.
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Top 10 tips on keeping hold of your home (Times Online)
Double-digit increases in gas and electricity prices and rising fuel and food costs are exacerbating the financial difficulties faced by homeowners with mortgages.
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Top Scoops (Scoop.co.nz)
If he's the answer, then the question must be ridiculous. - NY Governor David Paterson on John McCain
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Banking and Financial (Mondaq)
On August 19, the Securities and Exchange Commission announced that it will transition from the current EDGAR database to a new system called Interactive Data Electronic Applications (IDEA). The interactive data filings of reporting companies are expected to be available on the SEC website through IDEA late this year.
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Reuters Business Summary (Reuters via Yahoo! Singapore News)
Markets await Bernanke, central bankers gather JACKSON HOLE, Wyoming - Federal Reserve Chairman Ben Bernanke tackles financial stability in a key speech on Friday but economists doubt he will provide solid clues about future policy action to calm the credit crunch. Central bankers are gathering in this mountain resort for an annual symposium as financial markets tense for ...
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Thursday's news and tips (Investors Chronicle)
• Housebuilder Persimmon saw pre-tax profit plunge 87% in the first six months of 2008 from £281.1m to £36.9m as buyers struggled to get a mortgage.
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John Keeley Buys Colfax Corp., FairPoint Communications Inc., Atlas Energy Resources LLC, Sells AFC Enterprises Inc., ... (Guru Focus)
While a lot of value investors are struggling, John Keeley's Small Cap Value Fund made money for its shareholders. Manager John Keeley likes to buy small cap companies in special situations like spin-off or mergers. These are his buys and sells during the second quarter.
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RBS posts pre-tax loss of 691 million for 1H08 (Thaipr.net)
The Group’s results for the first half of 2008 have been seriously affected by the impact of unprecedented market conditions on a number of our business lines. It has been a chastening experience and
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Still room for a Royal redemption (The Herald)
Royal Bank of Scotland chief executive Sir Fred Goodwin is a competitive sort - the type of chap you imagine likes to set records. He has had his fair share of successes, ensuring Royal's regular achievement of record annual profits.
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