Banks Warn of Growing Energy-Related Risks in Mortgage Portfolios
Across Europe, banks are trying to figure out how to handle a growing risk lurking in residential mortgage portfolios: energy consumption.
Latest Videos
The information you requested is not available at this time, please check back again soon.
Across Europe, banks are trying to figure out how to handle a growing risk lurking in residential mortgage portfolios: energy consumption.
South Korea’s top financial watchdog attempted to revive optimism over the nation’s corporate reform initiatives to investors in New York while soothing concerns over the short-selling ban.
Inflation-related releases across the Group of Seven will prime central bankers for crucial June interest-rate decisions, just as they meet in Italy to discuss the state of the world economy.
Big US bond investors have been aggressively shifting money into long-dated notes, betting that the unloved asset class will be one of the winners from eventual interest rate cuts.
A measure of underlying US inflation cooled in April for the first time in six months, a small step in the right direction for Federal Reserve officials looking to start cutting interest rates this year.
Jan 10, 2017
Reuters
The value of Canadian building permits fell by 0.1 per cent in November from October, though that was not as steep a decline as analysts had expected, data from Statistics Canada showed on Tuesday.
Construction intentions declined mostly in Alberta following a spike in the previous month due to impending changes to the Alberta Building Code.
The total value of residential building permits dropped by 1.6 per cent in November on declining construction intentions for single-family dwellings in Alberta.
The non-residential sector increased 3.0 per cent on planned institutional and industrial buildings.