MortgagesLong-term mortgage rates retreat for second straight week, US average at 7.02%May 16, 202493The average rate on a 30-year mortgage in the U.S. fell for the second straight week, giving some relief to...
FinanceStrong UK pay growth puts interest rate cut path at riskMay 14, 2024109Real pay increased to 2.4% after taking inflation into account. The data could cloud the Bank of England's interest rate...
CurrenciesOpinion | A strong US dollar could bring Asia more pain, especially if Trump winsMay 9, 2024108Is this all US$60 billion worth of central bank interventions in global foreign exchange markets buys you these days? It...
FinanceBank of England set to offer clues on rate cut timing, though City expects rates to stay on hold this weekMay 7, 202450Mortgage holders, house hunters and City markets are looking for pointers from BOE policymakers, including Governor Andrew Bailey, on the...
EconomyCharting the global economy: BOJ holds; US inflation won’t let upApril 28, 2024125The Bank of Japan kept interest rates unchanged, driving the yen to a fresh 34-year low, while US inflation showed...
MortgagesAverage long-term US mortgage rate climbs for fourth straight week to highest level since NovemberApril 25, 2024118LOS ANGELES (AP) — The average long-term U.S. mortgage rate climbed this week to its highest level since late November,...
CurrenciesRINGGIT OPENS SLIGHTLY HIGHER VS US DOLLAR AHEAD OF MAJOR DEVELOPMENTSMarch 20, 2024104By Zufazlin Baharuddin KUALA LUMPUR, March 20 (Bernama) -- The ringgit opened slightly higher against the US dollar today ahead of Bank Negara...
CryptocurrencyUK regulator to allow crypto exchange-traded notes for professional investorsMarch 11, 2024109Britain's financial watchdog said on Monday it will now permit recognised investment exchanges to launch crypto-backed exchange-traded notes, the latest...
BankingHSBC reports 56% profit jump in 2023 but misses estimates; unveils US$2-billion new share buy-back programme, higher dividendFebruary 21, 202471HSBC also announced a new US$2 billion share buy-back programme and a higher dividend of US$0.61 per share for the...
BankingCommercial real estate woes spell trouble for US regional banksDecember 19, 2023138It’s no secret that the US commercial real estate industry is suffering.And its downturn could lead to bankruptcy for up...