China’s August factory activity picks up as demand improves, PMI shows

China’s August factory activity picks up as demand improves, PMI shows

China’s August factory activity picks up as demand improves, PMI shows
Reverse mortgage provider Heartland Bank has lowered its advertised interest rates for new customers, defying the Reserve Bank of Australia’s (RBA) February cash rate increase. New applicants for Heartland Bank’s reverse mortgage products will realise lower rates while existing customers will see rates unchanged despite the central bank’s 25 basis point hike. The bank, which…
Firms will benefit from reduced costs and greater flexibility and find it easier to comply with the Senior Managers and Certification Regime (SM&CR), following reforms set out today by the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA). The changes, which come as the first phase of a multi-stage package of reform from Government…
KPMG forecast full-year IPO fundraising of about HKD350bn ($44.6bn). Credit: Jr images/Shutterstock.com Hong Kong’s changes to its fund tax exemption and carried interest rules are expected to draw more regional and global asset managers to the city, according to KPMG’s latest Hong Kong Asset Management and Private Equity Outlook. The Securities and Futures Commission’s (SFC) latest Asset…
Mortgage rates had a tough day on Friday, largely in response to bond market volatility surrounding heavy forex trading as a part of US/Japan efforts to prop up Japanese currency (not a common source of inspiration for rates). Higher oil prices didn’t help. As we begin the new week, de-escalation in the Iran war pushed…
(RTTNews) – Stocks may move to the upside in early trading on Monday, regaining ground after ending the previous session well off their worst levels but still mostly lower. The major index futures are currently pointing to a modestly higher open for the markets, with the S&P 500 futures up by 0.2 percent. Optimism about…
Trump: US and Iran Will Continue Talks Despite Ceasefire Ending and Escalating Tensions Escalation of US-Iran Tensions and Ongoing Diplomatic Efforts By Steve Holland and Enas Alashray WASHINGTON/CAIRO, July 11 (Reuters) – President Donald Trump said the U.S. and Iran had agreed to continue talks despite an escalation of hostilities this week but he declared…