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Daily Archives: December 27, 2018

'Back the bold': NAB business bank chief 'nervous' about credit growth

Bankers running the big four's key divisions often have a tendency to put a positive spin on things. But when the head of National Australia Bank's flagship business bank, Anthony Healy, is asked about the outlook for business credit growth, he admits to being "nervous". "Our pipelines are strong … and we’re tracking well in the current year, but these ...

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Gold Hones in on $1,300 Target as Wall Street Slides

© Reuters. – Less than $ 20 remains between gold bugs and their cherished $ 1,300 target. Comex settled up $ 8.10 at $ 1,281.10 per troy ounce on Thursday. It was the eighth positive close in nine days of trading for the yellow metal. In Wednesday’s session, it hit a six-month high of $ 1,282.30. While gold’s latest ...

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Why home buyers could be forced to shrink their budgets in 2019

The U.S. housing market may be cooling off — but that doesn’t mean prospective home buyers will catch a break. Rising interest rates are seriously reducing Americans’ home buying power, according to a new analysis from real-estate company Zillow <span class="quote up bgQuote" data-channel="/quotes/zigman/47205689/com… – Top Stories

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Venezuela cocoa growers fear new pest: the government

SAN JOSE DE BARLOVENTO, Venezuela (Reuters) – Venezuela cocoa trader Freddy Galindo has battled highway robberies, kidnappings of family members and declining quality in his 19 years exporting the nation’s legendary beans. This year’s harvest brought a new worry: meddling by the socialist government. He said trucks filled with beans leaving his warehouse in central Venezuela were stopped by soldiers ...

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More foreign Reits likely to list in Singapore in 2019 as investors seek havens: Credit Suisse

Fri, Dec 28, 2018 – 5:50 AM Singapore SINGAPORE’S equity market could see more Reit listings in 2019 as foreign listing interest picks up, in tandem with investors’ shift to safer havens, said investment bank Credit Suisse. Tan Kuan Ern, head of Singapore coverage, investment banking and capital markets, said the number of reverse enquiries from foreign sponsors looking to ...

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Philippines money transfer company Bloom looks to Remiit for blockchain payments

Philippines-based money transfer company Bloom Inc. today announced a partnership with distributed ledger blockchain-powered remittance platform Remiit Project to bring the platform’s capabilities to Southeast Asian markets. The Philippines is a country with high barriers to financial services because only about three of five people have access to bank accounts. As a provider of money transfe… Blockchain Search Results

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