BEIJING: Six of China’s biggest banks said they would tweak interest rates on mortgages for existing home loans following a request to lower them...
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The lending rules of our banks have contributed to the mortgage crisis people now face. When interest rates were at record lows, banks were only too willing to allow borrowing. They surely would have been aware this would be unsustainable when interest rates inevitably rose.
BEIJING: Six of China’s biggest banks said they would tweak interest rates on mortgages for existing home loans following a request to lower them...
We know that most people say that they think the economy has performed poorly under the Biden-Harris administration. However, we also know that by...
A true market rebound is likely still a ways off, but signs of life were detected in the GTA housing market this September, according to the Toronto...
The country’s central bank also freed commercial banks to lend more money in a package of moves aimed at rekindling growth in a stagnant economy.
By David C. Rose Donald Trump and Joe Biden began the campaign season by staying away from social security reform. Kamala Harris has only promised...
By Sauradeep Bag In India, financial inclusion remains a critical and unresolved issue, with a significant portion of the population excluded from...
An inflation metric closely watched by the US Federal Reserve crept lower Friday, according to government data, supporting the central bank's decision...
In the wake of the 2008 Financial Crisis, former chief economist of the IMF Simon Johnson warned that the same dysfunctional policies he saw in his...
Retail banks have been criticised for failing to increase their deposit rates in line with European Central Bank rate levels
At least 62 members of 118th Congress have violated a federal insider trading and conflicts-of-interest law, a Raw Story analysis of congressional...