Pending home sales rise in December

Plunging home prices and low mortgage rates pushed homebuying activity higher in December, according to a regular industry report released on Tuesday.
The Pending Home […]

Rio in asset sale talks with Chinalco

Global miner Rio Tinto Ltd/Plc said it had held talks to sell some assets to Chinese government-owned aluminum maker Chinalco, its biggest shareholder, reportedly […]

Australian Lending Declines for First Time Since 1992

Australian bank lending unexpectedly fell in December for the first time since 1992 as borrowing by companies slumped, increasing pressure on the central bank […]