International Business News - RATE http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Wells Fargo & Co. late Wednesday disputed claims made by the Washington State Department of Financial Institutions that the company misled customers in the sale of more than $175 million of auction-rate securities. http://www.ibtimes.com/articles/20081204/wells-fargo-disputes-claims-by-state-regulator.htm Thu, 04 Dec 2008 13:50:35 EST Denmark's central bank on Thursday lowered its key interest rate by 0.75 percentage point to 4.25 percent, mirroring a cut by the European Central Bank. http://www.ibtimes.com/articles/20081204/denmark-cuts-interest-rate-by-0-75-point.htm Thu, 04 Dec 2008 10:25:19 EST The Public Utilities Commission of Ohio has approved a rate increase for Columbia Gas, the state's largest natural gas utility with about 1.4 million customers in 60 counties. http://www.ibtimes.com/articles/20081204/ohio-allows-rate-increase-for-natural-gas-delivery.htm Thu, 04 Dec 2008 09:17:31 EST Among the stock activity stories for Monday, Dec. 1, from AP Financial News: NEW YORK (AP)--Shares of Premiere Global Services Inc. shot up Monday after an Oppenheimer & Co. analyst upgraded the stock, expecting demand for the company's Web and teleconferencing software to persist despite the economic downturn. http://www.ibtimes.com/articles/20081201/movers-roundup-premiere-global-services-bankrate.htm Mon, 01 Dec 2008 14:25:02 EST Shares of consumer finance Web site operator Bankrate Inc. gained Monday following an analyst upgrade, even as the broader market slumped on worries about consumer spending during the holidays. http://www.ibtimes.com/articles/20081201/bankrate-gains-on-upgrade-despite-market-slump.htm Mon, 01 Dec 2008 11:27:45 EST Among the premarket stories for Monday, Dec. 1, from AP Financial News: NEW YORK (AP)--Black Friday deals brought more shoppers to discount and mall-based retailers, but Wall Street analysts said Monday that the surge in traffic and sales is unlikely to last through the holiday shopping season. http://www.ibtimes.com/articles/20081201/premarket-roundup-black-friday-bankrate.htm Mon, 01 Dec 2008 09:22:49 EST Increased refinancings, a decline in 30-year fixed-rate mortgage rates and an impending Web site relaunch may spark Bankrate Inc.'s business, a Citi Investment Research analyst said Monday. http://www.ibtimes.com/articles/20081201/ahead-of-the-bell-analyst-upgrades-bankrate.htm Mon, 01 Dec 2008 07:40:01 EST Total money market mutual fund assets rose by $33.12 billion to $3.714 trillion for the week, the Investment Company Institute said Thursday. Assets of the nation's retail money market mutual funds rose by $3.71 billion in the latest week to $1.277 trillion. http://www.ibtimes.com/articles/20081126/money-fund-assets-rose-33-12b-in-latest-week.htm Wed, 26 Nov 2008 18:36:29 EST Consumer prices in Canada tumbled last month in their steepest one-month drop since 1959, as falling energy prices cut the annual inflation rate by almost a full point in September. http://www.ibtimes.com/articles/20081121/canadas-inflation-rate-drops-almost-a-full-point.htm Fri, 21 Nov 2008 11:36:25 EST Total money market mutual fund assets rose by $43.88 billion to $3.681 trillion for the week, the Investment Company Institute said Thursday. Assets of the nation's retail money market mutual funds rose by $8.41 billion in the latest week to $1.273 trillion. http://www.ibtimes.com/articles/20081120/money-fund-assets-rose-43-88b-in-latest-week.htm Thu, 20 Nov 2008 19:14:08 EST Missouri regulators on Thursday began considering a request from the state's largest utility to raise electric rates for more than a million customers. http://www.ibtimes.com/articles/20081120/mo-regulators-consider-200m-amerenue-rate-case.htm Thu, 20 Nov 2008 17:09:48 EST To the thousands of Minnesotans who have lost their jobs or will in the coming months, Dan McElroy has a message: Help is available. Minnesota's unemployment rate rose to 6 percent in October, compared with 5.9 percent in September, for a net loss of 7,500 jobs, a figure that's expected to get worse as the national economic crisis deepens. http://www.ibtimes.com/articles/20081120/minnesota-jobless-rate-rises-to-6-percent-in-oct.htm Thu, 20 Nov 2008 16:36:20 EST Drug developer Endo Pharmaceuticals Holdings Inc. said Monday it accepted a settlement on auction rate securities purchased from UBS. The $330 billion market for auction rate securities collapsed earlier this year. As of Sept. 30, Endo had $266.4 million in securities eligible under the deal, representing 93 percent of its total. The remaining 7 percent is not held in a UBS account. http://www.ibtimes.com/articles/20081117/endo-settles-auction-rate-securities-with-ubs.htm Mon, 17 Nov 2008 11:00:05 EST FedEx Corp. said Friday it will raise rates for its ground and home delivery services by an average of 5.9 percent beginning on Jan. 5. The package delivery company said it will also increase surcharges for some ground, home delivery and express shipments, effective on varying dates in January. This includes increases to fees for handling, address corrections, delivery area surcharges and reattempt fees on some deliveries. http://www.ibtimes.com/articles/20081114/fedex-to-hike-ground-home-delivery-rates.htm Fri, 14 Nov 2008 19:10:03 EST Total money market mutual fund assets rose by $21.28 billion to $3.637 trillion for the week, the Investment Company Institute said Thursday. Assets of the nation's retail money market mutual funds fell by $3.71 billion in the latest week to $1.264 trillion. http://www.ibtimes.com/articles/20081113/money-fund-assets-rose-to-3-637t-in-latest-week.htm Thu, 13 Nov 2008 19:16:58 EST Chile's central bank is leaving its benchmark interest rate unchanged at 8.25 percent, lowering expectations for midterm inflation amid the global economic downturn. http://www.ibtimes.com/articles/20081113/chile-holds-interest-rate-amid-global-slowdown.htm Thu, 13 Nov 2008 18:58:25 EST Wyoming had one of the nation's lowest home foreclosure rates for the third quarter of 2008, but the number of foreclosures increased from the same period last year and from earlier this year, according to a recent report. http://www.ibtimes.com/articles/20081111/wyoming-among-nations-lowest-foreclosure-rates.htm Tue, 11 Nov 2008 08:33:11 EST 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. http://www.ibtimes.com/articles/20081110/taiwan-cuts-key-rate-by-a-quarter-point.htm Mon, 10 Nov 2008 03:18:58 EST Taiwan's central bank has cut the island's key lending rate, the fourth rate cut in less than two months. The central bank says the lending rate has been cut by a quarter of a percentage point to 3.125 percent. The rate has been cut a total of 0.875 of a point in two months. http://www.ibtimes.com/articles/20081109/taiwan-cuts-key-rate-by-a-quarter-point.htm Sun, 09 Nov 2008 22:25:53 EST South Korea's central bank cut its key interest rate Friday for the third time in less than a month, stepping up efforts to stave off a sharp slowdown in an economy pummeled by the global financial crisis. Stocks rallied. http://www.ibtimes.com/data/articleimgs/169818-south-korea-interest-rate.jpg http://www.ibtimes.com/articles/20081107/bank-of-korea-cuts-key-interest-rate-to-4-percent.htm http://www.ibtimes.com/articles/20081107/bank-of-korea-cuts-key-interest-rate-to-4-percent.htm Fri, 07 Nov 2008 02:31:27 EST