- Yahoo Personal Finance
Credit utilization: How your credit card use affects this important ratio
A low credit utilization ratio can help improve your credit score — here’s how to use it.
- Reuters
Analysis-US stock changes push FX trades into Asia's 'twilight zone'
A shortening of U.S. stock settlement window next week is expected to upend trading for Asian money managers, pushing some to secure funds in the early hours of their mornings when currency markets are at their thinnest and most jumpy. From May 28, investors from Singapore, Tokyo or Seoul who buy U.S. shares during the Wall Street day will have just 24 hours to validate their trades and convert their funds into dollars to complete the deals, down from two days previously. While the new U.S. rules are designed to reduce counterparty risks, dealers and regulators are watching to see if the changes ruffle prices or flows in the $7.5-trillion-a-day forex market.
- Reuters
Explainer-China's latest property market support package - its contents and what's at stake
China announced "historic" steps last week to stabilise its crisis-hit property sector, aiming to clear inventory and boost homebuyer demand. The package includes cutting downpayment requirements and removing the floor for mortgage rates to entice buyers back into the market. Local governments can instruct state-owned firms (SOEs) to purchase completed unsold apartments from property developers and convert them into social housing.
