US Federal Reserve resolution promotes US dollar weakness

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On Friday April 30, the Federal Reserve kept the market's expected benchmark interest rate and bond purchase plan unchanged. In a statement after the meeting,...

US Real Estate Industry Ushered In A Revival

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According to Agence France-Presse on January 22, due to extremely low interest rates and the desire for space of "white-collar workers" who work remotely, while...

US 30-year Mortgage Interest Rate Hits 50-year Low

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With the Fed’s ultra-low interest rate easing environment, the 30-year fixed interest rate on mortgages in the United States has reached its 16th low this...

KKR warns the Fed could strike against financial market ‘froth’ even with low interest...

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The Federal Reserve isn’t going to lift interest rates anytime soon. That’s what it says, and that’s what...

NEC acquires Switzerland’s Avaloq for $2.2bn

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Japan’s NEC has agreed to buy Switzerland’s largest software provider to banks for SFr2.05bn ($2.2bn) in its biggest foray into the global fintech space.The sale of...

Irving health tech firm HMS explores sale amid COVID-19 financial strain

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Irving-based HMS Holdings Corp. is exploring options including a sale, as the health-care data and technology provider grapples with the impact of the coronavirus, according to...

IBM, Fenergo to Transform New Customer Onboarding for Financial Institutions

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ARMONK, N.Y., Oct. 5, 2020 /PRNewswire/ -- SIBOS: IBM (NYSE: IBM) and Fenergo, a leading provider of client lifecycle management (CLM) solutions for financial institutions, today announced...

New York City plans to reinstate some lockdowns as Covid surges

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New York City mayor Bill de Blasio on Sunday proposed reinstating the lockdown for nine neighbourhoods in Brooklyn and Queens in which there had been a...

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