20
May
Posted by Emvertex

The United States dollar outstanding interest deposit year interest rate 3% or 4% is not enough to see, forever abundant bank hits on April 29 yesterday "5 word head" the plan, the United States dollar fixed deposit five months period year interest goes up to rush 5.2%, in order to support the overseas loan demand. Have also aimed at small endowment, but only in the annual interest "3" "other soil was huge pressure, the bank has been actively to the…

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13
May
Posted by Emvertex

Canada's central bank decided to leave interest rates unchanged; The central bank also lowered its forecast for economic growth in 2019, which is expected to show little growth this year. In addition, the central bank removed all comments in its statement about the need to raise interest rates in the future, reflecting that the central bank no longer appears to be in a hurry to raise rates. This is the fourth time in a row that the central bank has…

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25
Apr
Posted by Emvertex

The Swiss national bank (SNB) bucked the trend by issuing a new 1,000 franc note in early march, just as other countries were scrapping large denomination notes. The SNB insists that large-denomination banknotes meet the needs and habits of local people who use cash, and that they are designed to prevent counterfeiting and other illegal activities. The 1,000 yuan note, which has a purple bottom, has been in circulation since March 13. FRITZ ZURBRUEGG, a deputy governor of the central…

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9
Apr
Posted by Emvertex

The International Monetary Fund today revised down its forecast for U.S. economic growth this year to 2.3 percent. But the international monetary fund says the United States will still outpace other advanced countries as the global economy slows. In its quarterly World Economic Outlook, the imf said growth in the World's largest economy, the United States, would be revised down to 2.3 percent this year from an estimate of 2.5 percent in January, but remained relatively strong.The report also warned…

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2
Apr
Posted by Emvertex

According to recent data released by the international monetary fund (IMF), the proportion of RMB assets held by central Banks in foreign exchange reserves rose to 1.89% in the fourth quarter of 2018, surpassing Australian and Canadian dollars and the highest level since the IMF reported RMB reserve assets in October 2016. According to the latest quarterly data on the composition of official foreign exchange reserve currencies released by the IMF, as of the fourth quarter of last year, RMB…

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1
Apr
Posted by Emvertex

Metropolises that have seen property prices tumble as a result of the global economic slowdown are attracting attention.If the downward trend continues, it could reduce the willingness of homeowners to spend.Then there is the fear of financial chaos. The median price of a Manhattan apartment in central New York fell 5.8% to $999,000 in the fourth quarter from a year earlier, the first time it has fallen below the $1 million mark since the third quarter of 2015 (July to…

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29
Mar
Posted by Emvertex

The international trade deficit narrowed from its all-time high, Posting a gap of 4.2 billion yuan in January, mainly due to higher oil exports, Statistics Canada said Wednesday. The statistics bureau also revised the actual balance of international trade in December to 4.8 billion yuan from 4.6 billion yuan, the largest ever recorded by Canada. The value of imports inched up 1.5 per cent in January from the previous month, but exports almost doubled, the report showed. It had a…

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27
Mar
Posted by Emvertex

Sales of luxury homes in the vancouver real estate market began to decline in early 2019, but Sotheby's saw promise in potential buyers. The most expensive homes in vancouver's real estate market are still falling in sales and prices in the first few months of 2019, according to yipinmeifang, a luxury real estate agent trying to see the future in the market. According to a report released on March 20th by Sotheby's Canada, the number of sales of luxury properties…

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25
Mar
Posted by Emvertex

SINGAPORE - Smaller declines in private road transport and accommodation costs caused headline or overall inflation to go up slightly to 0.5 per cent year on year in February, up from 0.4 per cent in the previous month, data released on Monday (March 25) showed. Core inflation - which strips out private transport and accommodation costs - showed a reverse picture and came in a tad lower at 1.5 per cent last month, down from 1.7 per cent in January.…

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19
Mar
Posted by Emvertex

House prices are down, but rents are high, according to a new report from the home-rental website Padmapper. The three most expensive cities in the country are Toronto, vancouver and Burnaby   Toronto is the most expensive city in Canada for one home and vancouver the most expensive for two.   Toronto rents are $2,260 for one and $2,850 for two. The rent in vancouver is 2,100 yuan for one room and 3,260 yuan for two rooms. Burnaby rents are…

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