Tuesday, May 02, 2006

Business News


Business News
MONDAY APRIL 3 ASIA -Bank of Japan March Tankan survey -Australia Feb balance of payments -Australia ANZ March job advertisements survey -Australian Industry Group/PricewaterhouseCoopers March Australian manufacturing index EUROPEAN UNION/EURO AREA -Euro zone March manufacturing PMI (0800 GMT) -ECB''s Tumpel-Gugerell speech in Frankfurt (0900 GMT) -EU rules on acquisition by Imperial Holdings Ltd

July figures
Borrowers opt for fixed mortgages Aug 18: Half of all mortgages taken out in July were fixed-rate deals, as the average price of these loans fell for the ninth consecutive month.

Troubled times - even recession - ahead
THE housing market could still enter a "vicious circle" of falling prices as soaring levels of personal debt and high fuel bills finally convince consumers they can't borrow any more money, claims a leading economist.

AmSouth Offers Disaster Relief to Customers Affected by Tornadoes in Tennessee
NASHVILLE, Tenn.----April 11, 2006--In response to the tornadoes in Tennessee that killed 12 people and damaged 3,000 buildings, AmSouth Bank has announced a package of disaster relief offers to assist consumer and small business customers.

Genworth Financial Reports First Quarter 2006 Earnings
Genworth Financial, ( Nachrichten ) Inc. today reported net earnings for the first quarter of 2006 of $334 million, or $0.70 per diluted share. Net earnings for the first quarter of 2005 were $322 million, or $0.65 per diluted share.

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