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11/11/2008 News For: Key Port AnnuityTaiwan cuts key rate by a quarter point Taiwan's central bank cut the island's key lending rate Monday, the fourth rate cut in less than two months. Central Bank Governor Perng Fai-nan said the latest rate cut -- by a quarter of a percentage point to 3.125 percent -- was aimed at cushioning the effect of the global economic slowdown. Taiwan cuts key rate by a quarter point Taiwan's central bank cut the island's key lending rate Monday, the fourth rate cut in less than two months. Central Bank Governor Perng Fai-nan said the latest rate cut _ by a quarter of a percentage point to 3.125 percent _ was aimed at cushioning the... Slovak central bank cuts rate to 3.25 percent Slovakia's central bank said Tuesday it had cut its key interest rate by a half percentage point to 3.25 percent to smooth entry into the euro at the beginning of next year. Taiwan cuts key rate by a quarter point TAIPEI, Taiwan ? Taiwan's central bank cut the island's key lending rate Monday, the fourth rate cut in less than two months. Greenback Advances To 19-Day High Versus Israeli Shekel RTTNews - In New York mid-day trading on Tuesday, the US dollar soared against the Israeli shekel and touched 3.8914 at 12:40 pm ET. This set a 19-day high for the greenback. The Israeli Central Bank announced its key interest rate in afternoon session today. Cut rates, BSP urged THE DEVELOPMENT Bank of Singapore has recommended that the Bangko Sentral ng Pilipinas cut its key policy rates to help spur the economy. US, European interbank lending rates down again Key interbank lending rates in the U.S. and Europe fell further Tuesday, suggesting that lower borrowing costs, massive liquidity injections from central banks and government efforts to shore up the banking system are gradually bearing fruit. CHRONOLOGY-Key dates for Circuit City in 2006-2008 Nov 10 Reuters - Circuit City Stores filed for Chapter 11 bankruptcy on Monday, citing tougher credit terms from vendors and market share losses to rivals such as Best Buy Co and Wal-Mart Stores Inc . (AFX UK Focus) 2008-11-11 12:35 UPDATE 1-Slovaks cut key rate by 50 bps after ECB move BRATISLAVA, Nov 11 Reuters - Slovakia's central bank cut its main two-week repo rate by 50 basis points to 3.25 percent on Tuesday, in an unflagged move to bring it back in line with euro zone borrowing rates before it joins the euro in January. The Slovak move followed a 50 basis point reduction in the ECB's benchmark rate made last week amid easing inflation pressures and threats of the ... Beware a meltdown of your living annuity The people most at risk in the current market meltdown are pensioners who have invested their retirement savings in an investment-linked living annuity Illa. |