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| NY Fed joins cry for mortgage buybacks Washington Post By Jia Lynn Yang and Steven Mufson The Federal Reserve Bank of New York has joined a group of investors demanding that Bank of America buy back billions of dollars worth of mortgage securities that are plagued with shoddy documentation and lending ... See all stories on this topic » | ||
| HK Shares End Down On China Rate Hike Led By Resources, Property Firms Wall Street Journal HONG KONG (Dow Jones)--Hong Kong shares ended lower Wednesday after global markets reacted negatively to China's surprise interest rate hikes Tuesday, with mainland resources and property firms leading the decline. The benchmark Hang Seng Index fell ... See all stories on this topic » | ||
| China Pledges to Maintain Rare Earth Sales; Official Says Exports May Rise Bloomberg By Bloomberg News - Wed Oct 20 05:33:10 GMT 2010 China pledged to maintain supplies of rare earths and signaled exports of the ingredients used in electronics, wind turbines and smart bombs may rise next year. The Commerce Ministry denied a New York ... See all stories on this topic » | ||
| Yahoo Disappoints on Revenue Forecast ABC News By Alexei Oreskovic SAN FRANCISCO (Reuters) - Yahoo's uninspiring quarterly sales forecast disappointed Wall Street and underscored how the one-time Internet leader is struggling to keep up with Google and Facebook. Investors have pressured Yahoo, ... See all stories on this topic » | ||
| Bank of England Split Three Ways on Vote to Keep Rate, Bond Plan Unchanged Bloomberg By Svenja O'Donnell - Wed Oct 20 08:34:28 GMT 2010 BOE Governor Mervyn King, seen here, said in a speech yesterday that some gauges of UK inflation are "extremely subdued," signaling that he may be open to stepping up bond purchases. ... See all stories on this topic » | ||
| Tokyo Shares End Down On China Rate Hike, Commodities' Fall Wall Street Journal By Brad Frischkorn Of DOW JONES NEWSWIRES TOKYO (Dow Jones)--Tokyo stocks fell sharply on Wednesday, as China's surprise interest rate hike took a toll on commodities prices, sending the major indexes broadly lower as shares such as Inpex, ... See all stories on this topic » | ||
| Wall St drops as mortgage worries hit banks Reuters By Edward Krudy NEW YORK (Reuters) - US stocks posted their biggest loss in two months on Tuesday on fears banks might be on the hook for billions of dollars in souring mortgage bonds. The afternoon selloff hit investors already reeling from an ... See all stories on this topic » | ||
| US probe targeting foreclosure documents Washington Post By Zachary A. Goldfarb Federal investigators are exploring whether banks and other financial firms broke US law when using fraudulent court documents to foreclose on people's homes, according to sources familiar with the effort. ... See all stories on this topic » |
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