Israeli economy ekes out 1.2% growth in Q2 as Gaza war rages on
By Steven Scheer JERUSALEM (Reuters) – Israel’s economy grew less than expected in the second quarter of 2024, extending a…
Economy
Hong Kong second-quarter GDP expands 3.3% on year
HONG KONG (Reuters) – Hong Kong’s economy expanded by 3.3% in the second quarter from a year earlier, the government…
U.S. 30-year fixed-rate mortgage steadies near 15-month low, Freddie Mac says
By Makailah Gause NEW YORK (Reuters) – The average rate on the popular U.S. 30-year mortgage rate was little changed…
Thailand to expand state equity fund by up to $4.3 billion to invest in local stocks
BANGKOK (Reuters) – Thailand will increase the size of a state mutual fund by between 100 billion baht and 150…
China new loans hit 15-year low in July, more policy steps expected
By Kevin Yao and Ellen Zhang BEIJING (Reuters) -China’s bank lending tumbled more than expected in July, hitting the lowest…
French Q3 growth set to reach at least 0.35% on Olympic boost, cenbank says
PARIS (Reuters) – The French economy is on course to grow at least 0.35% in the third quarter as it…
U.S. 30-year fixed-rate mortgage plunges to lowest since May 2023, Freddie Mac says
By Makailah Gause NEW YORK (Reuters) – The average rate on the popular U.S. 30-year mortgage plunged to its lowest…
Customers Bancorp hit with Fed action for risk management deficiencies
By Pete Schroeder WASHINGTON (Reuters) – The U.S. Federal Reserve announced Thursday it had imposed an enforcement action against Customers…
U.S. regulators fine Piper Sandler $16 million for record-keeping failures
(Reuters) – Piper Sandler has agreed to pay a total of $16 million as a civil penalty to U.S. regulators…
World Bank approves $1 billion in financing for Ethiopia
(Reuters) – The World Bank said on Tuesday its board had approved a $1 billion credit for Ethiopia, as the…