US Sub-Prime Mortgage Market bailed out - December 7, 2007 10:45

The housing market slump which has been a drag on the US economy and financial markets over the last several months has been highlighted by the collapse of the sub-prime mortgage market. 

Property derivatives prices tumble - December 7, 2007 9:00

Prices of property derivatives – mainly swaps between total property returns and interest rates based on Libor – have fallen sharply as confidence in the underlying market wanes Read More…

IBM files patent complaint vs Taiwan’s Asustek - December 7, 2007 9:00

NEW YORK (Reuters) – International Business Machines Corp is asking the U.S. government to ban imports of some computers made by Taiwan’s Asustek Computer Inc , alleging that the products infringe three IBM patents. Read More… WASHINGTON (Reuters) – President George W. Bush announced a plan on Thursday aimed at slowing a wave of home […]

Opec finds a price range it can live with - December 7, 2007 8:59

Opec finds a price range it can live with Extract not available. Source: c.moreover.com

United States Housing Market Slump Showing Signs of Potential Bottom - December 6, 2007 23:40

The recent housing market slump in the United States has affected many areas of the consumer and financial markets.  The cyclical movement in the last decade within the housing markets has been very indicative of the psychological market factors influenced by supply and demand.

Asian stocks rise to three-week high - December 6, 2007 15:00

Asian stocks rise to three-week highThe dollar held firm as fears of a US recession eased after a batch of upbeat US data helped lift some of the gloom surrounding the world’s biggest economySource: www.ft.com

House prices seen falling 30 pct - December 6, 2007 15:00

House prices seen falling 30 pct NEW YORK (Reuters) – Housing markets from Punta Gorda, Florida, to Stockton, California, will crash and suffer price drops of more than 30 percent before the housing crisis is over, a report from Moody’s Economy.com said on Thursday. Source: feeds.reuters.com

Futures pare gains as ECB keeps rates steady (Reuters) - December 6, 2007 15:00

Futures pare gains as ECB keeps rates steady (Reuters) Reuters – U.S. stocks index futures pared gains on Thursday after the European Central Bank left interest rates unchanged. Source: news.yahoo.com

OPEC maintains output, calms markets with promise of review - December 6, 2007 14:59

ABU DHABI — OPEC hedged its bets yesterday, opting to keep production steady but setting a new meeting for Feb. 1 to raise output if prices skyrocket. Benchmark crude prices rose on word of the decision, but the prospect of a review early next year – Read More… Abu Dhabi, Dec 5 Opec agreed on […]