New Zealand's low-deposit mortgage lending drops in November

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Source: RTT News
Low-deposit homes lending in New Zealand measured as the high loan-to-value ratio mortgage lending (LVR) decreased further in November, a report published by the Reserve Bank of New Zealand showed on Monday. The country's high-LVR lending with exemptions dropped to 7% after falling 12.8% in the previous month, while excluding exemptions, the high-LVR lending slipped to 5.8% from 11.7% in October.

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Mon, 23 Dec 2013 12:27:03 GMT

China's shares drop led by banks and drugmakers

China's equities advanced on Monday mainly due to a notable increase of drugmakers and banks after the local benchmark index was falling nine straight days reaching the lowest level in four months. The Shanghai Composite Index added 0.2% to 2,089.71 and the gauge trades at 8.1 expected profits for the incoming 12 months, the lowest figure since July 31.

Mon, 23 Dec 2013 12:05:04 GMT

Swiss consumption rises in November

Private consumption in Switzerland increased in the month of November after the Christmas trade season lifted business sentiment in the retail, however car registrations showed weaker figures preventing the increase from being steeper, UBS reported on Monday. The Swiss indicator of consumption added from 1.26 in October to 1.43 in the following month.

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