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(AFX UK Focus) 2009-07-10 01:34 Taiwan stocks - Factors to watch - July 10

Published July 9, 2009, 5:52 pm, Interactive Investor

TAIPEI, July 10 (Reuters) - Here are news stories and press reports that may affect the Taiwan stock market on Friday.

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Social housing hits 50-year low

Published July 9, 2009, 5:17 pm, BBC News

Shelter says the number of council and housing association homes for rent in Scotland is at its lowest for 50 years.

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Federal Reserve independence

Published July 9, 2009, 4:21 pm, GoldSeek.com

Before the Subcommittee on Domestic Monetary Policy and Technology, Committee on Financial Services, U.S. House of Representatives, Washington, D.C.

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UPDATE: Fed's Stern: First Stage Of Recovery 'Close At Hand'

Published July 9, 2009, 1:23 pm, The Forex Market

A veteran Federal Reserve official said Thursday the recession's end appears to be coming into view, and warned Treasury financial reform proposals fail to address fundamental banking problems.

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(AFX UK Focus) 2009-07-09 20:54 Light bidding for Fed's U.S. agency debt holding

Published July 9, 2009, 1:23 pm, Interactive Investor

NEW YORK, July 9 (Reuters) - U.S. primary dealers showed scant interest in borrowing the Federal Reserve's U.S. agency debt holding at an auction the U.S. central bank held on Thursday. The New York Fed conducts an auction for the U.S. central bank at noon each business day where primary dealers -- firms that deal directly with the Fed -- can borrow U.S. Treasuries overnight from the U.S. ...

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Rain check for the Budget party

Published July 9, 2009, 11:49 am, The Hindu

The Budget turned out too ordinary, given the expectations of a dramatic turn in fiscal policy to tackle the problems the country faces, the latest of which is the south-west monsoon’s poor progress, says A. SESHAN.

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U.S. economic recovery close - Fed's Stern

Published July 9, 2009, 11:43 am, Reuters via Yahoo! UK & Ireland News

A U.S. economic recovery seems "close" after a deep and prolonged recession but growth will be modest into next year, Gary Stern, president of the Minneapolis Federal Reserve Bank, said on Thursday.

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U.S. Congressman Ron Paul: The Fed Must Be Stopped

Published July 9, 2009, 10:17 am, Moldova.org

By Ron Paul Our country currently finds itself in the midst of the worst economic crisis since the 1930s and, as during all economic crises, people search for the answer as to why this has happened. Not only have large financial firms been affected, but also mainstays of American industry such as GM and Chrysler, all the way down to the Mom & Pop stores on Main Street. The easy way out is to ...

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Kenya: CBK - No Plans to Tap Market to Raise Forex Cover

Published July 9, 2009, 9:57 am, AllAfrica.com

Nairobi — The Central Bank of Kenya has no plans to tap the market to raise its foreign exchange reserves to the equivalent of six months import cover, Governor Njuguna Ndung'u told Reuters.

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U.S. mortgage rates drop to 5.2 percent

Published July 9, 2009, 8:28 am, The Arizona Republic

Rates in the U.S. fell for a second consecutive week

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