Key Events This Week: PPI, Industrial Production, Q1 Earnings, Iran War

China Extends Mortgages To 40 Years, But Homebuyers Remain Reluctant To Borrow Authored by Michael Zhuang via The Epoch Times, China's decision to extend the maximum term for individual home mortgages from 30 years to 40 years has received a lukewarm response from homebuyers. Residential buildings under construction by Chinese real estate developer Vanke in Hangzhou, in eastern China's Zhejiang province on May 9, 2024. STR/AFP via Getty ImagesSeveral major Chinese banks moved quickly to offer 40-year mortgages after the policy took effect, with some advertising approval times as short as 15...

'Largest Group Of TDS Sufferers Ever Put Together': Trump Delivers Remarks At Correspondents' Dinner Authored by Emel Akan via The Epoch Times, President Donald Trump attended the rescheduled White House Correspondents’ Dinner in Washington on July 24. The event that was originally held on April 25 was abruptly canceled due to an assassination attempt against him. “I am delighted to be here,” Trump said as he began his speech, which lasted an hour. “Amazing people, a lot of people that I like. Some I don’t like at all, but I respect most of them....

Ukrainian President Volodymyr Zelensky said he was asked by some allied nations to halt attacks on Russian oil infrastructure amid the US and Israeli war against Iran. The Middle East conflict has resulted in damage to energy infrastructure in a number of countries, and Tehran has closed the Strait of Hormuz.  Speaking with reporters via […]