The Bank of England could be set a target for house price inflation under plans being explored by the Labour party, with tougher powers to restrict mortgage lending to close the gap between property prices and average incomes.
According to the latest data released by the Solvent Extractors’ Association of India (SEA), soymeal exports to Iran for the fiscal year 2018-19 stood at 508,050 tons, far higher than 22,910 tons reported in the previous year.
that would allow the South Asian country to import Iranian oil without any repercussions. India was granted a six-month waiver to purchase oil from Iran after US sanctions on Iran went into effect in November 2018.
Corporate bankruptcies across Japan fell in fiscal 2018 to their lowest number since fiscal 1990, when the country was in the final stage of the bubble economy era, according to a private credit research firm.
India’s retail inflation is expected to have accelerated in March on slightly higher food prices but remain under the Reserve Bank of India’s medium-term target of four percent, a Reuters poll predicted.
China’s stimulus-boosted private sector is on track to lead the economy to a ‘self-sustained recovery’ that could see growth hit 6.6 percent this year, according to HSBC (Hongkong and Shanghai Banking Corporation).