Fitch Affirms Westpac's Mortgage Covered Bonds at 'AAA'; Outlook Stable

Fitch Affirms Westpac's Mortgage Covered Bonds at 'AAA'; Outlook Stable

The 'AAA' rating of the mortgage covered bonds is based on WBC's Long-Term Issuer Default Rating (IDR) of 'A+', the various uplifts above the IDR
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Japan's Nikkei 225 drops 2%; China's benchmark lending rate ahead

Shares in Asia-Pacific dropped at the open on Monday. China is set to announce its latest benchmark lending rate at 9:30 a.m. HK/SIN on Monday.
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Credit Suisse Cuts Business With SoftBank and Its Founder, Son

Swiss bank was one of the Japanese businessman's biggest personal lenders, but stock-based loans were liquidated in the recent months, according
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US mortgage rates fall again

U.S. mortgage rates dropped again this week dipping further below the 3% mark, according to Freddie Mac. The 30-year fixed mortgage rate averaged
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US Warns China on Covid Origin; Cruise Sets Sail: Virus Update

U.S. Warns China on Covid Origin; Cruise Sets Sail: Virus Update. Bloomberg News. June 20, 2021, 4:13 PM PDT.
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DHFL lenders set to vote on giving more to small investors

Between what was approved by the committee of creditors earlier and the proposed distribution mechanism, lenders will have to shell out Rs 1,853 crore
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Making banking digital and simpler

Mr Yuttachai says the bank will continue to invest in digital transformation and innovation while leveraging its omnichannel customer engagement model
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Commercial real estate highlights: Deep Run Business Centre in Henrico sells for $12.35 million

Feldman Bergin Properties acquired the Deep Run Business Centre, a 88,118-square-foot two-building property at 3955-3991 Deep Rock Road, in
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Mortgage Outlook: If Bond Markets Work, Interest Rates May Rise in June | Real Estate

The agency instructed Fannie Mae and Freddie Mac to come up with refinancing options for low-income homeowners. Fanny's program, RefiNow, will
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UK Housing Market Slows, Propped Up by People Leaving London

U.K. house price growth slowed in June as record prices and a lack of properties to purchase drained momentum from the market, Rightmove said.
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$5 million Outer Banks home damaged in fire, 42 people escape

Firefighters responded to the 2000 block of South Virginia Dare Trail at about 4 a.m. Sunday. Outer banks house fire 04 via Sheila Foster Davies.jpg.png.
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In Indonesian banking, rise in religious conservatism ripples across sector

Since 2018, hiring for banks and fintech companies in peer-to-peer lending, payments and investment platforms has been more challenging, said Rini
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US Rejects Maduro's Call for Biden to Lift Venezuela Sanctions

Maduro, a target of crippling U.S. sanctions under former President Donald Trump, reached out to Biden in an exclusive Bloomberg interview last week,
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Invest with care in small finance banks as they also cut rates

Suryoday Small Finance Bank is the latest to lower deposit rates. From 21 June, the bank will reduce FD rates by 25-100 basis points on different
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Westlake Significantly Expands its Presence in the Growing North American Home Construction …

… business in North America; Additional product lines will broaden Westlake's footprint into the fast-growing housing markets in North America.
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Rizzo brothers lead East Islip to Conference IV title

John Rizzo Jr. and Nick Rizzo didn't have to do any shopping for Father's Day. Instead, they joined their dad, John, in elusive company. Long Island
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The soul of India's PLI schemes

Follow us on Facebook, Twitter, YouTube & Instagram to never miss an update from Fortune India. To buy a copy, visit Amazon. Meghnad Desai Textiles
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Can the new government slow rising housing prices?

“The problem is a lack of supply in the housing market,” said the co-founder of First Israel Mortgages. “The only way to bring down prices is to build
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Deutsche Bank's UK boss says she wants investment banking graduates in the office 5 days a …

Tiina Lee, Deutsche Bank's UK CEO, told Insider she wants graduates in the office five days a week. The bank is adopting a hybrid work model that
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Real Estate Management Software Market 2028: Oracle Corp acquired Aconex Limited a company …

Real Estate Management Software Market 2028: Oracle Corp acquired Aconex Limited a company in construction management platform. The aims of
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