Global investment management company PIMCO says unreported Chinese government loans to emerging markets pose risks due to undisclosed terms. According to the Market Watch, a large number of these loans slips ‘under the radar’, causing alarm to emerging market bond...
For the first time in nearly three years, mortgage lenders in the U.S. turned optimistic about profits in the second quarter as falling interest rates led to a surge in demand for home loans, a recent Fannie Mae survey...
In a recently published annual report by LendEDU, the firm revealed that the current student loan debt in the whole country amounted to $1.52 trillion, with countless individuals living in debt as they graduate from school. Following this, numerous...
Japan’s Government Pension Investment Fund (GPIF) announced its decision to stop lending to short sellers in the industry last Tuesday, December 3, 2019. Under the new ruling, the largest pension fund in the world will halt its $390 billion...
The South African lawmakers are pushing for the National Credit Amendment (NCA) Act, which seeks to assist thousands of residents with debts to relieve their financial situation, BusinessTech said. However, ENews Channel Africa (eNCA) noted that the so-called debt...
Bank of America has recently warned that leverage loans can impact the stable U.S. economy. BoA CEO Brian Moynihan said that the problems from this kind of loan are not yet evident as the country's economic expansion continues and companies...
Last Monday, August 12, 2019, HSBC announced the launch of its new mobile lending platform. The new end-to-end encrypted platform technology was announced on behalf of Amount, the company’s new partner. The addition of this platform enables the financial...
Millennial homebuyers capitalize on falling home prices as the generation increases their purchase requests in February, according to a study. The latest Millennial Tracker Survey by Ellie Mae, a tech company serving the mortgage industry, revealed that purchase requests from...
Two out of four key players in Australia’s banking sector reportedly amplified their lending to companies in the fossil fuel industry, The Guardian reported. This is despite the banks’ public announcements supporting the Paris climate agreement. According to a study...
Newly appointment World Bank President David Malpass advises China to be more transparent when lending to poorer countries, says The Guardian. This comes after the World Bank observes that debt issues are increasingly becoming more problematic. In fact, Malpass...

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