Euro-Area Activity Surges as Manufacturing Posts Record Growth

Economists surveyed by Bloomberg predicted a decline to 57.2. An index for Germany, the region's biggest economy, jumped to the highest since 2011. The report suggests that euro-zone growth has further to run as it heads for its best year in a decade. It should encourage the European Central Bank,
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In the assessment, Moody's reviewed New Penn Financial LLC's loan performance and originator ability, which among other components included analyzing its ability to accurately assess borrowers' willingness and ability to repay their mortgage loans, its ability to accurately and objectively assess
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The error led to customers continuing to make interest-only repayments on their mortgage after the interest-only period ended, rather than being switched to principal and interest repayments. As a result, customers were left with less time to repay the principal amount of their loans and would have also
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Japan's ruling bloc approved a plan on Thursday to slash the corporate tax rate to around 20 percent from 30 percent – but only for companies that raise wages aggressively and boost domestic capital spending. The carrot-and-stick approach is Prime Minister Shinzo Abe's most aggressive step yet to
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On Wednesday, the head of Australia's Reserve Bank said the normally staid and boring institution had been looking into these digital currencies and was even considering creating its own — a digital currency version of the Australian dollar. An Australian digital currency would be a wild and fascinating
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With new reverse mortgage principal limits potentially bringing a significant drop in demand among prospective borrowers, the marketplace is set to become more competitive in 2018. And as the new year approaches, lenders and independent originators may be thinking about ways to shake up
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Mario Draghi, the president of the European Central Bank, was scheduled to attend the central bank's final meeting of 2017 on Thursday. The bank has kept its interest rate at zero as the Federal Reserve and the Bank of England have raised their rates.CreditArne Dedert/DPA, via Associated Press.
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Westpac has committed to pay a total of $11 million in compensation to customers who held one of 13,000 owner-occupier, interest-only home loans affected by a mortgage processing error. The error led to those customers continuing to make interest-only repayments on their loans, instead of being
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The number of mortgage holders in arrears continues to fall but remains high by international standards. Central Bank figures show the number of owner-occupier accounts classified as being in arrears fell by 1.7 per cent to 72,489 in the third quarter of 2017, marking the 17th consecutive quarter of
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Dan Johnson, a Republican state lawmaker in Kentucky, died on Wednesday night by “probable suicide,” two days after allegations surfaced that he had sexually abused a teenage girl at the church where he served as pastor. Bullitt County Sheriff Donnie Tinnell said that the 57-year-old likely killed
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And many weren't ready. Lenders on the fringe of the financial industry are now pitching a solution: loans using a digital hoard as collateral. While banks hang back, startups with names like Salt Lending, Nebeus, CoinLoan and EthLend are diving into the breach. Some lend — or plan to lend — directly,
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After climbing steadily higher over the past week, the prime 30-year fixed mortgage rate quoted on Zillow edged slightly lower today. Rates were pushed upward last week by the combination of a moderately strong labor market report and inflation data. Friday's November Employment Report showed
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Compare a Lending Stream loan with Wonga. Lending Stream offer 1 type of loan, Wonga offer 3 different types – find one that works for you.
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CBRT raises late liquidity window lending rate by 50bps to 12.75%. Thu 14 Dec 2017 11:01:32 GMT. Author: Justin Low | Category: News. Author: Justin Low. share
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The convenience of enhanced mobile banking it would eventually bring however would eventually create a situation wherein people may decide never to go to the bank. This is why UnionBank is retooling its branch services to focus more on higher margin transactions such as financial advising for
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While the bitcoin market relies on blockchain to transmit and store the value of each token, the transparent tracking technology has “much greater potential” across businesses that increasingly need to store and exchange massive amounts of data, Bloomberg New Energy Finance said in a Sept.
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FORTUNE: What is Schwab's overarching approach to financial services on behalf of clients? Walt Bettinger: Our core strategy is around creating a no-tradeoffs type of firm. Whether it's offering pricing on commodity products like index mutual funds and ETFs that is as low or in many cases lower than
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(From left) Payments Council of India Chairman Naveen Surya, FIS South Asia Regional MD Ramas Venkatachalam, ICICI Bank CTO & Digital Officer B Madhivanan, Axis Bank Digital Banking Head Praveen Bhatt and InfrasoftTech MD & CEO Rajesh Mirjankar at the Business Standard Banking Round
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Top financial lender Monty Kennedy provides his knowledge on making better financial decisions in the upcoming multi-author book, Ask the Experts, The Unique Benefits of Working with Top Professionals. Kennedy will join other industry leaders to provide the best advice to readers who need a
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