Thursdays Forex Daily Update For 15th December 2005
KUALA LUMPUR, Dec 15 – The ringgit was higher against the dollar in late trading Thursday with interest seen on the local currency, dealers said.
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Walking away from a mortgage can cost you for years (Seattle Times) If you walk away from your mortgage, don't expect to get a new home loan ? certainly not one with favorable terms ? for five to seven years.read more...
Sub-prime borrowers face another sharp rise in mortgage payments (Independent) Sub-prime mortgage holders are yet to feel the full force of the credit crunch, after a survey revealed that their repayment rates had risen by 2.55 percentage points this
A global malaise in 2006? The almighty US consumer had another banner year this year, helping sustain global economic growth, albeit at a slower pace than last year.read more...
Shock at BEE mogul's murder "He wanted to share his success with others in the industry. "He was always worried about the junior people in the construction industry and wanted to ensure that they did
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On Wall Street: Cleaning up the mortgage mess (Financial Times) With ammunition in the magazine of monetary policy running low, talk of a fiscal silver bullet to clean up the mortgage mess is gaining ground among bankers.read more...