|
(AFX UK Focus)
2008-10-06 15:45
THOMSON FINANCIAL NEWS TOP STORIES Macroeconomics 15:30 BST |
|---|
| Article layout: raw |
|
2008-10-06 15:25:05 BRIEF-Lehman squandered millions on exec pay just before collapse-lawmaker
NEW YORK WASHINGTON, Oct 6 (Reuters) - U.S. Rep. Henry Waxman, the chairman
of the U.S. House Oversight and Government Reform Committee, on Monday:
three departing executives just before the investment firm collapsed in mid-September. 2008-10-06 15:14:56 Fed's to offer $150 bln in TAF auction today WASHINGTON (Thomson Financial) - The US Federal Reserve today will auction $150 bln to depository institutions through its Term Auction Facility (TAF) in an effort to boost its support to lending markets. 2008-10-06 15:09:44 Volcker says admires Bernanke's efforts to handle crisis NEW YORK, Oct 6 (Reuters) - The global financial system is under great pressure from the current financial crisis, Paul Volcker, former chairman of the U.S. Federal Reserve, said on Monday. 2008-10-06 15:07:00 U.S. job market weakens in Sept - Conference Board NEW YORK, Oct 6 (Reuters) - The U.S. job market continued to weaken in September and more job losses should be expected, with unemployment set to rise above 7 percent in 2009, a research group said in a report on Monday. 2008-10-06 14:43:35 ECB opens bidding for weekly variable rate refi tender FRANKFURT, Oct 6 (Reuters) - The European Central Bank called for bids on Monday in its regular 7-day refinancing operation, offering banks liquidity at a minimum bidding rate of 4.25 percent. 2008-10-06 14:26:28 1-Fed to boost auctions, pay interest on reserves WASHINGTON, Oct 6 (Reuters) - The Federal Reserve on Monday announced a series of steps to funnel massive amounts of liquidity through clogged credit markets, including boosting the sizes of cash auctions and offering banks interest on reserves. 2008-10-06 14:24:58 EU to do anything necessary on crisis -Berlusconi ROME, Oct 6 (Reuters) - European Union governments will do everything necessary to assure financial stability and avoid citizens losing any of their savings, Italian Prime Minister Silvio Berlusconi said on Monday. 2008-10-06 14:11:33 ECB calls for bids in 1-day liquidity-draining tender FRANKFURT, Oct 6 (Reuters) - The European Central Bank opened a tender on Monday to drain up to 220 billion euros ($299 billion) in overnight funds from euro-zone money markets. 2008-10-06 14:05:45 ECB CALLS FOR BIDS BY 1335 GMT IN FINE-TUNING OPERATION
2008-10-06 14:02:54 FACTBOX-ECB policymakers' recent rate comments FRANKFURT, Oct 6 (Reuters) - The European Central Bank's Governing Council left its main interest rate at 4.25 percent at its monthly policy meeting on Oct. 2. 2008-10-06 13:56:36 1-SNB offers cheap funds, but fails to stop LIBOR rise ZURICH, Oct 6 (Reuters) - The Swiss National Bank offered cheap funding at various maturities again on Monday but it failed to stop the three-month Swiss franc LIBOR from rising further above its target-level of 2.75 percent. 2008-10-06 13:46:08 Ireland's Postbank seeks to join govt bank scheme DUBLIN, Oct 6 (Reuters) - Postbank, a joint venture of banking and insurance group Fortis and the Irish post office, said on Monday it would like to join the Irish government's bank guarantee scheme. 2008-10-06 13:46:04 TREASURY, FED TALKING ABOUT MORE SUPPORT FOR TERM UNSECURED FUNDING MARKETS
UNSECURED FUNDING MARKETS Varghese Joseph vj 2008-10-06 13:31:33 Sarkozy to meet French bank, insurance chiefs PARIS, Oct 6 (Reuters) - French President Nicolas Sarkozy will hold a meeting with French banking and insurance bosses on Monday at 1430 GMT, his office said in a statement. 2008-10-06 13:26:25 FACTBOX-Europe scrambles to shore up bank sector
Germany's lead in offering deposit guarantees to savers in a frantic effort to calm fears among investors over the worst financial crisis in 80 years. 2008-10-06 13:15:52 TREASURY-ADJUSTING AUCTION CALENDAR, MAY REINTRODUCE 3-YEAR NOTE NEW YORK (Thomson Financial) - TREASURY-ADJUSTING AUCTION CALENDAR, MAY REINTRODUCE 3-YEAR NOTE Chuck Mikolajczak cm 2008-10-06 13:15:43 TREASURY-WILL INCREASE AUCTION SIZES OF BILLS, COUPON SECURITIES, CONTINUE TO IS NEW YORK (Thomson Financial) - TREASURY-WILL INCREASE AUCTION SIZES OF BILLS, COUPON SECURITIES, CONTINUE TO ISSUE CASH MGT BILLS Chuck Mikolajczak cm 2008-10-06 13:11:08 German orders, output rose in August-Unicredit tool BERLIN, Oct 6 (Reuters) - German industrial orders probably rose on the month for the first time this year, the Reuters/UniCredit forecasting tool showed on Monday. 2008-10-06 13:01:26 Russia injects 2.9 bln roubles via repos MOSCOW, Oct 6 (Reuters) - The Russian central bank injected 2.9 billion roubles ($112 million) of one-day funds into the banking system at a rate of 7.50 percent in its second repo auction of the day on Monday. 2008-10-06 12:51:47 EU leaders readying message for market-Italy gov't ROME, Oct 6 (Reuters) - European leaders are working on Monday to put together a joint statement to try to support financial markets, Italian government sources said. 2008-10-06 12:51:20 1-Bank of Finland says Finnish banks in good shape HELSINKI, Oct 6 (Reuters) - Finnish banks have weathered the financial sector crisis well so far, the Bank of Finland said on Monday, adding the situation remained difficult in the money and wholesale money markets. 2008-10-06 12:42:19 Spain's Solbes sees rapid financial contagion MADRID, Oct 6 (Reuters) - Financial markets are suffering rapid "a situation of rapid contagion," Spanish Economy Minister Pedro Solbes said on Monday. 2008-10-06 12:41:53 Greece trims 2008 GDP growth estimate- draft budget ATHENS, Oct 6 (Reuters) - Greece revised its economic growth estimate for this year to 3.4 percent from a previous 3.6 percent projection, based on a draft 2009 budget released on Monday.. 2008-10-06 12:39:38 FACTBOX-European bank deposit schemes
2008-10-06 12:35:34 Indonesia Yudhoyono sees noof 1998 crisis JAKARTA, Oct 6 (Reuters) - Indonesian President Susilo Bambang Yudhoyono said on Monday he sees no repeat of the economic crisis that hit the country a decade ago. 2008-10-06 12:33:05 1-IMF chief calls for collective crisis response PARIS, Oct 6 (Reuters) - International Monetary Fund Managing Director Dominique Strauss-Kahn called on Monday for a collective European response to the global financial crisis and a push to overhaul international institutions like his own. 2008-10-06 12:20:31 France's Sarkozy to discuss crisis with Merkel SANDOUVILLE, France, Oct 6 (Reuters) - French President Nicolas Sarkozy said on Monday he would discuss the financial crisis with German Chancellor Angela Merkel later on Monday. 2008-10-06 12:16:04 Spain says prepared to guarantee savings MADRID, Oct 6 (Reuters) - Spain is prepared to unilaterally guarantee bank deposits if European Union leaders fail to come up with a common plan on shoring up the banking system, Economy Minister Pedro Solbes said on Monday. 2008-10-06 12:10:49 Business activity in Ireland set to worsen -survey DUBLIN, Oct 6 (Reuters) - Business activity in Ireland is expected to worsen in the coming months as the fall-out from the former "Celtic Tiger's" slide into recession deepens, a survey showed on Monday. 2008-10-06 12:09:58 1-UK new car sales suffer worst Sept drop since 1999 LONDON, Oct 6 (Reuters) - New car registrations in Britain fell by an annual 21.2 percent in September, industry data showed on Monday, providing further evidence that the credit crunch is keeping buyers out of showrooms. 2008-10-06 12:09:11 1-German deposit measures less likely to distort-EU BRUSSELS, Oct 6 (Reuters) - German plans for a guarantee on retail bank deposits seem less liable to give rise to distortions of competition than any scheme covering a wider spectrum of savings, the European Commission said on Monday. 2008-10-06 11:48:17 Riksbank loans 100 bln SEK, marginal rate 5.4 pct STOCKHOLM, Oct 6 (Reuters) - Sweden's central bank said on to the nation's banks in a measure to ensure credit supply, disrupted by the international financial crisis. 2008-10-06 11:47:27 Danske unit not seeking Irish bank guarantee cover DUBLIN, Oct 6 (Reuters) - The Irish unit of Danske Bank said on Monday it was no longer seeking to join the Irish government's bank guarantee plan as it was covered by the Danish government's two-year scheme. 2008-10-06 11:47:08 Germany says still opposed to EU-wide bank rescue BERLIN, Oct 6 (Reuters) - Germany remains opposed to a Europe-wide rescue fund for banks, a government spokesman said on Monday. 2008-10-06 11:42:18 German deposit measures less likely to distort-EU BRUSSELS, Oct 6 (Reuters) - The European Commission said on Monday that German plans for a guarantee on retail bank deposits seemed less liable to give rise to distortions of competition than a blanket guarantee. 2008-10-06 11:35:24 UK new car registrations fall 21.2 pct y/y in Sept-SMMT LONDON, Oct 6 (Reuters) - New car registrations in Britain fell by an annual 21.2 percent in September, industry figures showed on Monday, providing further evidence that the credit crunch is keeping buyers out of showrooms. 2008-10-06 11:32:55 Britain's Brown urges cooperation on banking crisis LONDON, Oct 6 (Reuters) - British Prime Minister Gordon Brown will discuss the international banking crisis by telephone on Monday with his German counterpart Angela Merkel, his spokesman said. 2008-10-06 11:32:18 1-Spanish PM to meet top banks over crisis MADRID, Oct 6 (Reuters) - Spanish Prime Minister Jose Luis Rodriguez Zapatero will meet top executives of the largest Spanish banks and savings banks on Monday at 1500 GMT to discuss the international financial crisis, a government spokesman said. 2008-10-06 11:31:41 IMF chief says EU needs collective crisis response PARIS, Oct 6 (Reuters) - International Monetary Fund Managing Director Dominique Strauss-Kahn said on Monday Europe needs a collective response to the financial crisis and warned against countries acting alone. 2008-10-06 11:27:43 Those behind mkt crisis must help solve it-Germany BERLIN, Oct 6 (Reuters) - German Chancellor Angela Merkel wants those responsible for the financial crisis to help solve it, her spokesman Ulrich Wilhelm said on Monday. 2008-10-06 11:24:37 Share trade in Iceland financial firms suspended STOCKHOLM, Oct 6 (Reuters) - Share trading in Icelandic financial firms was suspended on Monday at the request of the country's Financial Services Authority, the stock exchange said. 2008-10-06 11:15:13 Bank of Finland says banking system in good shape HELSINKI, Oct 6 (Reuters) - Finnish banks have weathered the financial sector crisis well so far, the Bank of Finland said on Monday, adding that the situation remained difficult in the money and wholesale money markets. 2008-10-06 11:11:15 Hypo has liquidity problem, business sound-Germany BERLIN, Oct 6 (Reuters) - German lender Hypo Real Estate has a fundamentally sound business model but required a rescue because of liquidity woes, the German finance ministry said on Monday. 2008-10-06 11:02:29 TABLE-Russia Sept CPI up 0.8 pct m/m
2008-10-06 11:02:18 1-France's Sarkozy spoke to Brown, Trichet on crisis PARIS, Oct 6 (Reuters) - French President Nicolas Sarkozy spoke to British Prime Minister Gordon Brown and European Central Bank President Jean-Claude Trichet on Monday about the global financial markets crisis, Sarkozy's office said. 2008-10-06 10:59:48 No sign crisis sparking German cash withdrawals-FinMin BERLIN, Oct 6 (Reuters) - The German Finance Ministry has no indication that concerns about the financial crisis have led savers to withdraw cash from banks, a spokesman said on Monday. 2008-10-06 10:56:08 Greek '09 budget targets deficit of 1.8 pct GDP ATHENS, Oct 6 (Reuters) - Greece will target a budget deficit of 1.8 percent of gross domestic product (GDP) in 2009 from an estimated 2.3 percent this year, Finance Minister George Alogoskoufis said on Monday. 2008-10-06 10:50:45 Polish Sept unemployment seen at 9.1 pct-labour WARSAW, Oct 6 (Reuters) - Poland's unemployment likely fell to 9.1 percent in September from 9.3 percent the previous month, the labour ministry said in a statement on Monday. 2008-10-06 10:36:36 STOCKS NEWS EUROPE-DAX volatility index hits all-time high
Results diary
----------------------------------------------------------------
10 percent to an all-time high as European shares tumble on intensifying financial industry and economic growth worries. 2008-10-06 10:31:20 France's Sarkozy spoke to Brown, Trichet on crisis PARIS, Oct 6 (Reuters) - French President Nicolas Sarkozy spoke to British Prime Minister Gordon Brown and European Central Bank President Jean-Claude Trichet on Monday about the global financial markets crisis, Sarkozy's office said. 2008-10-06 10:27:38 Euribor rates rise to new multi-year peaks FRANKFURT, Oct 6 (Reuters) - Key long-term Euribor rates for bank-to-bank lending in euros scaled new multi-year highs on Monday amid continued worry and mistrust about the global financial crisis. For more information and to contact AFX: www.afxnews.com and www.afxpress.com |
| Macroeconomic stories, OECD reports Indicators Summaries and roundups |
| Article layout: raw |
|