China considers allowing refinancing on US$5.4 trillion in mortgages

China considers allowing refinancing on US.4 trillion in mortgages

CHINA is considering allowing homeowners to refinance as much as US$5.4 trillion of mortgages to lower borrowing costs for millions of families and boost consumption.  Under the plan, homeowners would be able to renegotiate terms with their current lenders before January, when banks typically reprice mortgages, people familiar with the matter said, asking not to…

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Madeline Gaudreau: Wife of Matthew Gaudreau and Sister-in-Law of NHL Star Johnny Gaudreau Is Pregnant Amid Brothers’ Death in Bike Accident

Madeline Gaudreau: Wife of Matthew Gaudreau and Sister-in-Law of NHL Star Johnny Gaudreau Is Pregnant Amid Brothers’ Death in Bike Accident

Matthew Gaudreau’s wife, who is also the sister-in-law of NHL star Johnny Gaudreau, is pregnant amid the brothers’ tragic death in a cycling accident in New Jersey on Thursday night. Madeline Gaudreau is five months pregnant, expecting the couple’s son, Tripp, on December 31, according to PEOPLE. The Gaudreau brothers were reportedly cycling the night…

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Sean Higgins: Drunk Driver Who Killed NHL Star Johnny Gaudreau and His Brother Sighs in Frustration as He Looks Emotionless Inside Courtroom

Sean Higgins: Drunk Driver Who Killed NHL Star Johnny Gaudreau and His Brother Sighs in Frustration as He Looks Emotionless Inside Courtroom

The suspected drunk driver who struck and killed NHL star Johnny Gaudreau and his younger brother Matthew while they were biking in southern New Jersey on Thursday night appeared to sigh in frustration upon hearing that he would remain in jail until next week. Sean Higgins, 43, who faces charges for the deaths of 31-year-old…

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Flash Coffee taps ex-Foodpanda CEO in turnaround bid

Flash Coffee taps ex-Foodpanda CEO in turnaround bid

AFTER a rough couple of years, tech-enabled coffee chain Flash Coffee has hired former Foodpanda CEO Jakob Angele as its executive chairman in a bid to hit profitability. The firm, still headquartered in Singapore, liquidated its operations in the city-state last October, while it sold its Thai business the following month. The chain has also…

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Speculative traders turn short dollar as Fed rate cuts loom

Speculative traders turn short dollar as Fed rate cuts loom

SPECULATIVE traders turned bearish on the dollar for the first time since February as the Federal Reserve looks set to kick off its easing cycle in September. Hedge funds, asset managers and other players in the futures market are, on net, positioning for declines in the US currency, according to the latest Commodity Futures Trading…

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