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.
A coal-fired power project in South Korea that drew major opposition from environmentalists and K-Pop fans is beginning operations this week.
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.
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