8
Apr
Posted by Emvertex

As we all know, Canada's two largest cities – Toronto and vancouver are the most expensive cities in Canada.How do these two cities compare to other large north American cities? According to Zoocasa according to house prices in December last year, at 3.75% of the 20% down payment, 30-year mortgage and fixed mortgage rates, and different parts of the real median household income and purchase ordinary housing the income difference, 35 major cities in North America to buy a house…

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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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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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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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12
Mar
Posted by Emvertex

Global asset management (DWS) said on March 11 that the yuan will still fall against the dollar this year as China's economy has not yet stabilized, and it expects the yuan to remain at 7 yuan to the dollar for a year.   March 11, according to Reuters news, DWS (former deutsche asset management) Asia Pacific investment director Sean Taylor has said at the press conference: "the recent relatively strong, due to the vision will have more capital market cycle…

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11
Mar
Posted by Emvertex

There were 100 new bond listings which raised $42.87b. The Singapore Exchange recorded an 8% MoM increase in its securities daily average value (SDAV) to $1.06b in February, hitting its six-month high. However, it was still down 39% compared to the figures in February 2018. The bourse’s total securities market turnover fell 12% MoM and 42% YoY to $19.1b over 18 trading days. The market turnover value of Exchange Traded Funds (ETFs) also crashed 52% MoM and 70% YoY to…

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11
Mar
Posted by Emvertex

Radical tax proposal by the New Economics Foundation backed by shadow chancellor The tax-free personal allowance, which rises to £12,500 in April, should be scrapped and replaced with a flat payment of £48 a week for every worker, according to radical proposals welcomed by shadow chancellor John McDonnell. The proposal, from the New Economics Foundation thinktank, is for a £48.08 “weekly national allowance,” amounting to £2,500.16 a year from the state, paid to every worker over the age of 18…

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6
Mar
Posted by Emvertex

On Tuesday, March 5, 2019, the dollar held on to positive territory after some supportive economic data. The ISM manufacturing index for February was 59.7, above analysts' estimates of 57.5 and above the preliminary reading. The ICE dollar index rose 0.2 percent to 96.831. [caption id="attachment_735" align="alignnone" width="670"] The dollar hit a 2 week high[/caption] Elsewhere, the pound rebounded from earlier losses against the dollar. The British government did not expect any breakthrough from a meeting between British attorney general…

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27
Feb
Posted by Emvertex

Viktor Orbán could face renewed calls for his expulsion from the European People’s party (EPP) at a gathering of the powerful centre-right bloc next month.   The Hungarian prime minister and his Fidesz party will be on the agenda of the EPP political assembly on 20 March, an event intended to approve the group’s manifesto before European parliament elections in May.   Two EPP sources told the Guardian that Orbán and his Fidesz party would be up for discussion, even…

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26
Feb
Posted by Emvertex

A growing number of non-regional [GCC] organisations are turning to Islamic Finance, and in particular to sukuk instruments, to raise funds for their infrastructure and development projects, affirms a leading UAE-based investment banking expert. The comments from Zahid Aslam, Managing Director of Investment Banking at Dalma Capital Management Limited, come as the firm reports an almost one-third jump in enquiries regarding Sharia-compliant bond issuances from corporations outside of the GCC. The news follows S&P Global Ratings predicting in January the…

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