OWNING a credit card can seem like a rite of passage in the US, where even a college student with no income can sign up and start swiping. More than two-thirds of Americans over the age of 15 carry plastic.
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Bank Indonesia’s heavy bond buying to continue, analysts say
Although the central bank has cut rates by 1.25 percentage points this year, lending rates at commercial banks have so far declined...
Australia’s ANZ halts buyback to save A$800 million for strategy overhaul
The bank will also reduce reliance on mortgage brokers and aim to write more loans directly to boost its revenue from home...
