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Chinas top banks to tweak mortgage rates to boost housing market [Video]
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Chinas top banks to tweak mortgage rates to boost housing market [Video]

Six of China’s biggest banks said they would tweak interest rates on mortgages for existing home loans following a request to lower them from Beijing’s central bank, state media said Monday, as the country seeks to pull itself out of a housing slump. The measures are the latest in a raft of pledges out of

Cuts, cash, credit: China bids to jumpstart flagging economy [Video]
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Cuts, cash, credit: China bids to jumpstart flagging economy [Video]

China this week unveiled a bundle of new measures aimed at kickstarting its economy, battered by unprecedented headwinds including a property sector crisis and sluggish spending. The stimulus followed warnings that more state support was needed to get the world’s second-largest economy back on track and hit growth targets for 2024. Here are the steps

ECB Encourages Banks to Adjust Their Risk Management Protocols [Video]
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Home Based Business Productitivity Small Business Funding Small Business Growth Small Business Lifestyle

ECB Encourages Banks to Adjust Their Risk Management Protocols [Video]

The European Central Bank’s top supervisor stated that eurozone banks must change their risk management strategies as they confront difficulties ranging from the end of ultra-low interest rates to the advent of non-traditional competitors who can quickly take market share. Eurozone banks handled the recent spike in inflation and interest rates with remarkable ease, notably […]