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👤Isaac Ndegwa
🕔August 21, 2016
Home builders managed to break ground for more residential structures than expected over the month of July, according to the US commerce department. That is one extra sign that there is confidence in the economy because it points to the fact that demand for new housing is continuing to expand.…
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👤Nurudeen Amedu
🕔August 13, 2016
- China enters liquidity trap
- Major slump in Chinese TSF
Data released has shown that Chinese banks raised their new yuan loans by 463.6 billion yuan ($69.78 billion) in July, the banks did not just slump significantly from the previous month but they also missed analysts forecast, with a slowdown in bank lending widely forecasted.…
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