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South Korea Cuts Rate to 4% to Stave off Recession (Update1) - Bloomberg Nov. 7 (Bloomberg) -- The Bank of Korea lowered interest rates for the third time in four weeks and signaled it's ready to act again to prevent the economy from sinking into the first recession in a decade. The nation's shares and currency rose. The ...
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Car Dealers Feeling Pinch Of Credit Crunch - WMTW PORTLAND, Maine -- Maine car dealers are turning to credit unions and other sources for third-party loans for their customers as bank financing becomes tighter. Maine-affiliated banks are joining the ranks of national lenders who have cut back on or ...
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