China Removes Mortgage Rate Floor for Individual Homebuyers
China removed the floor on mortgage rates and lowered the minimum down payment ratios for individual homebuyers in its most drastic move to shore up the beleaguered property market.
China removed the floor on mortgage rates and lowered the minimum down payment ratios for individual homebuyers in its most drastic move to shore up the beleaguered property market.
New Zealand dairy farmers could be in for a big pay day if Fonterra Cooperative Group follows through on plans to exit its global consumer businesses.
Oil headed for a modest weekly gain as futures remained in a narrow range, with the outlook for supply and inflation in focus.
Stocks in Asia fell Friday after data from China showed fresh economic weakness and traders reassessed the path forward for US interest rates.
Gold’s record-setting rally may have captured the headlines this year, but it’s silver that’s running harder and faster as the less glamorous metal benefits from robust financial and industrial demand.
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