Africa’s exports could grow by $1 trillion under trade deal
Africa’s economic prospects are looking brighter following the adoption and ratification of a free-trade accord by most of the continent’s 55 nations. According to a recent Standard Chartered report, annual…
US mortgage rates keep hitting multi-decade highs
The contract rate on 30-year fixed mortgages rose 14 basis points to 7.67% for the week ended 6 October, according to data released by the Mortgage Bankers Association on Wednesday.…
China’s largest private developer signals default, property crisis deepens
Chinese developer Country Garden Holdings Co. offered the strongest indication yet that it’s set for a maiden default and debt restructuring, in the latest sign that authorities’ rescue efforts are…