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Further deposit rate cuts only after inflation falls, says IBA

Published December 2, 2008, 5:48 am, Business Standard India

While asking all members to fall in line and lower interest rates on bulk deposits, Indian Banks’ Association (IBA) On Monday said further reduction in term deposits rates for retail customers will depend on a fall in inflation.

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Daily Headline News for December 2, 2008

Published December 2, 2008, 5:34 am, Interfax

Digest of headline news as of 4:20 p.m. Moscow time on December 2: BUSINESS & FINANCE *** MINISTRY PROPOSE TO BASE 2009 ECONOMIC FORECAST ON OIL PRICE OF $50 A BARREL The Russian Economic Development Ministry has prepared three scenarios of macroeconomic forecast for 2009, given pessimistic, basic and optimistic oil price forecasts, Deputy Economic Development Minister Andrei Klepach said.

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Patients suffering from low availability of essential medicines: WHO study

Published December 2, 2008, 5:17 am, Islamic Republic News Agency

WHO - Medicines An alarming lack of availability of essential medicines in the public sector drives patients to pay higher prices in the private sector or go without, according to a World Health Organization study reported in today's online edition of The Lancet.

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Fill 'er up, thanks

Published December 2, 2008, 5:00 am, Herald Sun

PETROL prices have dropped below $1 for the second week in a row.

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America's Car-Mart Reports Second Quarter Earnings of $.33 Per Share On Revenue Increase of 5.5 Percent

Published December 2, 2008, 4:30 am, GlobeNewswire via Yahoo! Finance

BENTONVILLE, Ark., Dec. 2, 2008 -- America's Car-Mart, Inc. today announced its operating results for the second fiscal quarter ended October 31, 2008.

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UPDATE: Poland Mulls Return To Full Pwr Price Regulation

Published December 2, 2008, 4:01 am, Nasdaq

(Adds details.) WARSAW -(Dow Jones)- Poland's energy market regulator is considering returning to full energy price regulation, Marek Woszczyk, deputy head of the Energy Regulatory Office, or URE, said Tuesday.

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South Africa: Petrol Price Drop Welcome, But...

Published December 2, 2008, 3:47 am, AllAfrica.com

Motorists and consumers stand to benefit from the largest fuel price cut ever in the country, but the price of diesel continues to be a point of concern.

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Northwest Side gas-price mystery a head-scratcher

Published December 2, 2008, 3:39 am, Chicago Tribune

I set out Monday to solve the great gas-price mystery on the Northwest Side.

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Natural gas costs decreasing across state

Published December 2, 2008, 3:33 am, The Star Press

With natural gas prices falling, Citizens Gas and Vectren said Monday they are adjusting the monthly budget bill amount for more than 130,000 customers who saw their bills spike earlier this year in anticipation of soaring prices.

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UNIT TRUST PRICES - 3: DEC 02

Published December 2, 2008, 3:17 am, Bernama via Yahoo! Malaysia News

UNIT TRUST - 3 (MANAGER'S PRICE FOR DEC 03) .

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