Turkey's 11% Economic Growth Fuels Expectations of Rate Hike

Turkey's 11% Economic Growth Fuels Expectations of Rate Hike

Turkey's economy grew faster in the third quarter than any other of the world's 20 biggest economies as household spending and exports surged, stoking expectations that the central bank will increase borrowing costs to curb rising inflation. Gross domestic product expanded 11.1 percent in the three
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Blowing bubbles: Boom and bust from bulbs to bitcoin

With prices rising to more than 100 times the average annual income, bulbs were being traded for land, livestock and houses — a rare bulb was even … wizardry fuelled a housing market boom as speculators snapped up houses they never intended to live in to build up their “collateralised” portfolio.
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New southeast Queensland high school to be built 14 years early

Although families of all ages had already moved into the estate, Mr Wallace said the majority of residents so far were those with young children. “I think a lot of real estate decisions have been driven by family shape and size,” he said. “The Brisbane market started to mature 15 years ago, so I think we're
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Citigroup's investment bankers are challenging Wall Street's best — and they may be on the verge …

While Corbat was talking about the group as a whole, he could just as easily have been talking about Citi's investment bank. Citi has largely loomed outside of the upper ranks of the investment banking league tables since the crisis. While JPMorgan, Goldman Sachs, Morgan Stanley, and Bank of
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MARKETS LIVE: FTSE 100 starts on the up as consumer spending takes a dip in the run up to …

The company behind OnTheMarket.com has announced plans to float the property portal on London's AIM market in a bid to raise £50million, but analysts have questioned its ability to challenge online rivals. Funds raised for the estate agent-backed site – which was originally launched by Agent's Mutual
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Houston real estate market 2017

“I think the downturn in the Houston market will be enough to 12 Sep 2017 After Hurricane Harvey swept through the Houston region, leaving many homeless, destroying thousands of homes and leaving billions in damages, however the metro's housing market remains strong. The median list price in
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CRA International,Inc. (CRAI) Receives Average Recommendation of “Hold” from Analysts

BidaskClub cut CRA International,Inc. from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, December 5th. ValuEngine cut CRA International,Inc. from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Finally, Zacks Investment Research upgraded CRA
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Equity release advisers 'exam collecting', not selling

Equity release specialists Pure Retirement says 9,000 advisers in the UK are qualified to offer equity release, yet just 500 to 1,000 are advising on it every month. Pure Retirement head of distribution Chris Flowers says this is because advisers like to 'collect exams'. Speaking at an event run by Mortgage
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Mortgage write-offs lowest since pre-credit crunch

Mortgage write-offs have dropped to their lowest level since before the financial crisis due to a robust property market and positive default record, … The large amounts of equity held within the average residential mortgage had also allowed lenders to recover more funds in the event of a default, Lendy
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Good fortune continues to follow ex mother in law actress as she bags award weeks after lavish …

Popular ex mother in law actress Catherine Kamau, popularly known as Celina has had a remarkable year by far. The sultry lass has been the talk of the town after finally tying the know with her long term boyfriend Phillip Karanja. The wedding typically sparked some criticism from ardent haters but that
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Mortgage Rates on the Rise

According to Freddie Mac's latest rates released on Thursday, 30-year fixed mortgage rates rose from 3.90 to 3.94, whilst continuing to sit below the 4.13% from the previous year. 15-year fixed mortgage rates saw a larger increase, rising from 3.30% to 3.36%, which was the same as the previous year.
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Salt Lending (SALT) plunges -13.44% on December 10-11

Salt Lending (SALT) had a bad 24 hours as the cryptocurrency declined $-1.19 or -13.44% trading at $7.68. According to Global Crypto Analysts, Salt Lending (SALT) eyes $8.45 target on the road to $19.80. SALT last traded at BitTrex exchange. It had high of $9.17 and low of $7.38 for December 10-11.
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FRDI Bill: Depositors stand at fifth position in a bank liquidation

FRDI Bill, the new institutional framework for dealing with bankruptcies in banks would certainly make your blood boil. First, the depositors are treated like unsecured creditors. They stands at fifth position in the queue in the waterfall mechanism for distribution of whatever is left in the bank in case of a
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MTHL will Transform Real Estate Landscape in MMR, Making Panvel an Epicenter

At the event in Mumbai where Dr Niranjan Hiranandani took charge as President (Nation) NAREDCO, the Maharashtra Chief Minister Shri Devendra Fadnavis spoke about Affordable Housing. Evaluating the various challenges, he remarked that the one major thing which would make affordable housing
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'It's the people's central bank': What makes bitcoin enthusiasts tick?

Bitcoin has been derided by financial industry veterans who have called it a “fraud”, “hysteria”, “bubble” and just about every other criticism that can be leveled against an asset class. Nevertheless, it has a legion of supporters who have continued to buy it up and largely believe its value transcends the
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Taiwan outlines banking security plans to battle hackers

TAIPEI–Taiwan must boost its information security systems to protect against hackers who target the island's financial services and banking systems, President Tsai Ing-wen said on Monday, unveiling a three-pronged strategy against attacks. Concern over Taiwan's information security has grown since
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Swedish house price expectations turn negative in Dec – SEB

STOCKHOLM, Dec 11 (Reuters) – Swedes turned negative on prospects for the housing market in December, spying lower prices a year ahead, banking group SEB's Housing Price Indicator, showed on Monday. The indicator, showing the balance between households forecasting rising or falling prices,
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UAE, Kuwait Target June for Talks on Phasing Out Oil Cuts

The global agreement to limit production is making progress in re-balancing supply and demand for oil, though some excess inventories remain and more work is needed to remove them, United Arab Emirates Energy Minister Suhail Al Mazrouei told reporters on Monday at the Bloomberg Invest Abu
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Ask an Attorney: Should I use a payday loan for holiday expenses?

Pew reports that 58 percent of average payday loan borrowers struggle to meet their monthly expenses and the average payday loan requires a payment of $430 by the end of the lending period. Further, 75 percent of payday loans belong to people who take out 11 or more payday loans a year.
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Chinese Banks Stepped Up Lending in November

Chinese Banks Stepped Up Lending in November. Published December 11, 2017 Features Dow Jones Newswires. Facebook; Twitter; Print. BEIJING – Chinese banks issued 1.12 trillion yuan ($169.3 billion) of new yuan loans in November, up from 663.2 billion yuan in October and above economists'
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