Iran's Standoff With the US Has Paralyzed Money Markets and Businesses

Iran's Standoff With the US Has Paralyzed Money Markets and Businesses

In March, Modeno imported enough stock to last 12 months from manufacturers in India, just before the crisis struck the money markets. Currency transactions and linked customs procedures will be heavily controlled” from now on, Farhadian said. “Soon there won't be enough supply, so inventory levels
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Singapore Central Bank Sees Steady Growth Amid Increasing Risks

The central bank repeated its view that inflation will remain in the upper half of the 1 percent to 2 percent forecast range this year. Wage growth should pick up as the labor market continues to heal, allowing for 3.5 percent growth in paychecks after 3 percent last year, the policy makers predicted.
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Mnuchin's Treasury Poised to Rev Up Supply as Budget Gap Widens

“The Treasury's funding needs are massive,” said John Briggs, head of strategy for the Americas at NatWest Markets. “A lot of clients we speak to around the world say they are concerned about how the U.S. is going to fund this deficit. With the supply outlook following the tax changes and new budget,
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DTI launches digital lending platform

To reach more micro, small and medium enterprises (MSMEs), the Department of Trade and Industry (DTI) has announced the creation of a digital lending platform where Filipino entrepreneurs can avail the Pondo para sa Pagbabago at Pag-asesnso (P3) program. DTI Secretary Ramon Lopez said on
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Federal Home Loan Bank of Boston Announces 2018 First Quarter Results, Declares Dividend

BOSTON, April 26, 2018 /PRNewswire/ — The Federal Home Loan Bank of Boston announced its preliminary, unaudited first quarter financial results for 2018, reporting net income of $55.1 million for the quarter. The Bank expects to file its quarterly report on Form 10-Q for the quarter ending March 31,
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IPL Preview: Daredevils seek revival of fortune under new captain

Delhi Daredevils face a herculean task to revive their IPL campaign when they clash with Kolkata Knight Riders | IPL Preview: Daredevils seek revival of fortune under new captain.
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House prices tick upwards in sluggish property market

However, a shortage of homes for sale is expected to continue to shore up the housing market. An industry group said earlier on Friday that in 2017/18 financial year, housing starts of 154,698 were 2pc lower than a record high in 2016/17. Prime Minister Theresa May wants construction of new homes to
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5 ways to save money on wine when prices are up

That decreased supply is driving the cost of wine up, particularly if you favor imported wine. While the obvious solution would be to drink U.S. vintages — Napa Valley production hasn't declined nearly as much as that of its international competitors — there are a few other ways you can save a buck on a
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American Airlines and 'Infinity War' Heroes the 'Avengers' Team Up to Raise Cancer Awareness …

Right ahead of this week's wide release of Marvel's hotly anticipated Avengers: Infinity War, American Airlines is teaming up with the Avengers themselves to fight cancer. American Airlines, the group Stand Up to Cancer, and Marvel studios banded together to create a custom-wrapped airplane that
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How the housing slowdown is taking the lustre off the whole Canadian economy

Did a slowdown in the housing markets take some shine off the Canadian economy this quarter? The answer is yes if you were to ask Stephen Poloz, the Governor of Bank of Canada. Addressing the House of Commons Standing Committee on Finance earlier this week, Poloz identified two main
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Real estate briefs: Two companies take downtown office space

Simmons & Co. International | Energy Specialists of Piper Jaffray signed a long-term lease for 31,000 square feet at 609 Main. The investment banking firm, a tenant at downtown's Bank of America Center since 1984, will relocate this fall. Lou Cushman and Tim Relyea with Cushman & Wakefield
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Jacksonville Jaguars Owner Makes an Offer to Buy England's National Soccer Stadium

Shahid Khan, owner of NFL franchise the Jacksonville Jaguars, has made a bid for London's iconic Wembley Stadium, home of the English national soccer team. The bid, if successful, would bolster the NFL's expansion into the U.K., giving the league a consistent location to host games and potentially
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ReMax Prestige ranked No. 33 for agent transactions

KINGMAN – ReMax Prestige Properties, owned by broker Dwayne Patterson, was ranked No. 33 out of 1,750 brokerages nationwide by the annual Real Trends 500 survey. Now in its 30th year, the Real Trends survey ranks the top residential real estate brokerages in the country with a minimum of 500
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Crypto World Gains Even More Options: Five New Fundstrat Indexes

“Commodity tokens, in our view, are on-ramps for institutional inflows, given the expanding options for access (futures, etc.),” strategists including Thomas Lee, Robert Sluymer and Sam Doctor wrote in a note Thursday. “And commodity tokens face less regulatory risk relative to other types of tokens at
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Understanding Your Return On Investment In centrotherm international AG (FRA:CTNK)

This analysis is intended to introduce important early concepts to people who are starting to invest and looking to gauge the potential return on investment in centrotherm international AG (DB:CTNK). If you purchase a CTNK share you are effectively becoming a partner with many other shareholders.
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L&T Housing Finance hikes prime lending rate by 15 bps

L&T Housing Finance, a subsidiary of L&T Finance Holdings Ltd (LTFH), has announced increase in its prime lending rate by 15 basis points to 17.50 per cent for all eligible loans linked to PLR. As on December 31, 2017, the loan book of housing finance business stood at Rs 17,193 crore, with
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Old Line Bank Adds Montgomery County Lending Expert to Growing Team

Loren Geisler has joined Old Line Bank, third largest community bank in Maryland, as Senior Vice President of Commercial Lending. His focus will be on commercial and industrial loans as well as commercial real estate lending for the DC-Metro area and Montgomery County.
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Economic Watch: China helps developers finance home rental projects

BEIJING, April 26 (Xinhua) — China has moved to support the issuance of rental properties-backed securities to help finance a burgeoning rental housing market, a crucial part of its planned policy package that aims to stabilize the real estate sector. The real estate investment trust (REIT), a means of
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Freddie Mac: Mortgage rates hit highest level since 2013

Mortgage rates shot up this week, reaching their highest point since 2013, according to the latest Primary Mortgage Market Survey from Freddie Mac. “Mortgage rates are now at their … The 30-year fixed-rate mortgage surged ahead to 4.58% for the week ending April 26, 2018. This is up 11 basis points
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Bond fraud trial turns testy when defense takes on victim

The trial of a former Cantor Fitzgerald LP mortgage-backed securities trader charged with lying to his clients turned contentious as his lawyer aggressively questioned one of his alleged victims about methods his firm uses to invest. In an effort to show that a customer wasn't swayed by David Demos's
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