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ELFA Economic Activity Survey shows rise in January 2015.

2015-03-02 14:31:09| Industrial Newsroom - All News for Today

ELFA Monthly Leasing and Finance Index (MLFI-25) for January 2015 shows overall new business volume at $6.7 billion, which is 12% up from January 2014 and 48% down from December. Receivables over 30 days were 1.1%, up from 1% in December and same period in 2014, while charge-offs were unchanged for tenth consecutive month at 0.2%. Also unchanged from December, credit approvals totaled 78.6%. Separately, MCI-EFI for February is 66.3 in slight rise from January's of 66.1.

Tags: january shows activity survey

 

Pay rise mulled for Sri Lanka garment workers

2015-03-02 10:53:00| Daily apparel & textile news and comment - from just-style.com

A call by Sri Lanka's newly elected government to increase the salaries of all workers - including those in the garment sector - by LKR2,500 (US$18.79) per month, is being discussed by employers.

Tags: pay rise workers sri

 
 

China's shares rise after rate cut

2015-03-02 03:34:23| BBC News | Business | UK Edition

Shares in China were higher on Monday after the mainland's central bank unexpectedly cut interest rates at the weekend for the second time since November.

Tags: rate cut rise shares

 

Australia stocks rise, with bank up ahead of rate decision

2015-03-02 02:29:09| Automakers - Topix.net

Australian stocks stacked up some fresh gains in early Monday trading, with the top banks and senior miners supporting the advance a day ahead of a Reserve Bank of Australia policy decision. The benchmark S&P/ASX 200 improved by 0.6%, with a Reuters report saying the gains -- which contrast with losses Friday on Wall Street -- may be due to "investors snap[ing] up stocks for their yield as expectations rise for another rate cut in Australia this week."

Tags: rate australia bank decision

 

Signed contracts to buy US homes rise to 18-month high

2015-02-27 17:25:31| Real Estate - Topix.net

The number of Americans signing contracts to buy homes rose at a healthy pace in January, a sign that home sales are poised to accelerate after a slow start to the year. The National Association of Realtors said Friday that its seasonally adjusted pending home sales index increased 1.7 percent to 104.2 last month.

Tags: high buy signed homes

 

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