Nation briefs

Nation briefs

SANTA ANA, California — A respected security blog is reporting that a flaw on the website of a major real estate title company exposed the bank
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United Community Bank names president of Central Atlanta Region

United Community Bank Inc., which has several locations in Cobb County, announced the addition of Sharon Thompson as president of the Central
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Singapore commercial property investment jumps 72% to US$1.9b in Q1; bucks regional …

SINGAPORE escaped the downtrend that caught every other major national Asia Pacific (Apac) real estate market in the first quarter of this year, with
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Indonesia Is Turning Chinese

… the next five years, Planning Minister Bambang Brodjonegoro told Harry Suhartono and Karlis Salna of Bloomberg News in an interview last week.
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Jokowi Declared Winner a Month After Indonesia Vote

Indonesian President Joko Widodo won last month's bitterly contested election by a double-digit margin, official results showed Tuesday, putting the
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Union Bank & Trust changes name to Atlantic Union Bank

The Richmond-based bank chain re-branded as Atlantic Union Bank following several acquisitions, including Xenith Bank in 2018 and Access
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Biz buzz

BOISE and SANDPOINT — TitleOne, a full-service title and settlement services provider, has acquired the assets of Sandpoint Title Insurance Inc. in
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Monzo Attracts Two Million Users to Digital Banking Platform

UK challenger bank Monzo announced on Monday it has attracted two million users to its digital banking platform. Founded in 2015, Monzo reported
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What Does COSCO Shipping International (Singapore) Co., Ltd.'s (SGX:F83) P/E Ratio Tell You?

A lower P/E should indicate the stock is cheap relative to others — and that may attract buyers. COSCO Shipping International (Singapore)'s earnings
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How Verishop Plans to Take On Amazon

… plans to take on Amazon.com Inc. and the tech IPO landscape with Bloomberg's Emily Chang on “Bloomberg Technology.” (Source: Bloomberg)
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Washington County home sales fall, prices rise

“The average and median home sale prices both climbed moderately in April (for the state),” Maryland Realtors President Merry Tobin said in a news
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Mortgage Performance: A Look at the Latest Trends

Delinquencies hit a record low in April, according to the latest First Look at Black Knight's mortgage performance data. Mortgage delinquencies
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Desperate families are selling housing blocks on Gumtree as they face financial ruin in property …

But after the housing market crashed their home was valued at $350,000, … Prices range from the low $200,000s to $1.3 million in Melbourne while
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Be wary about tiny home deposits through new government scheme

Last week the biggest first homebuyer incentive in a decade — the First Home Loan Deposit Scheme — was announced, and was quickly welcomed
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Senate GOP leader would raise age for buying tobacco to 21

Senate GOP leader would raise age for buying tobacco to 21 …. master's degree from Columbia University's School of International and Public Affairs.
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China's Stock Traders Are Obsessing Over This Technical Signal

Just 34 points stand between a recovery in China's stocks and the end of the bull market, according to chart watchers. The Shanghai Composite Index
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Here's Where China's Debt Iceberg Shows the Biggest Risk

That analysis, conducted by Bloomberg on data as of April, showcases both the productivity gap between state-owned and private industries, and the
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Trump Says No Sign of Iranian Attack But Issues Another Threat

President Donald Trump said the U.S. has seen no signs that Iran is preparing to attack American forces but he again threatened the Islamic Republic.
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As Growth Continues, OCC Sees Credit, Liquidity Risk Elevated

Underlying credit and liquidity risks associated with the current point in the economic cycle should be on bankers' radar screens, the OCC advised
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Recruiting and Retaining Compliance Staff is Key Risk for Banks, Regulator Says

Criminals laundering money through the financial system have long been one of the top risks facing the banking industry. Building a solid defense
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