Multiple buildings sollapsed after earthquake in Taiwan

Multiple buildings collapsed in Iainan, Taiwan. A separate report says one of the buildings that collapsed was a residential complex. More: Hundreds of residents believed to be in one of collapsed buildings in Taiwan Preliminary magnitude at 6.4 Struck at 3:57 a.m. local time on Saturday
FF News: Breaking News

Fitch Upgrades Ireland to ‘A’; Outlook Stable

Fitch Ratings has upgraded Ireland’s Long-term foreign and local currency Issuer Default Ratings (IDRs) to ‘A’ from ‘A-‘. The Outlooks are Stable. The issue ratings on Ireland’s senior unsecured foreign and local currency bonds have also been upgraded to ‘A’ from ‘A-‘. The Country Ceiling has been…
FF News: Breaking News

US Consumer Borrowing Accelerated in December

U.S. consumers increased their borrowing at the fastest pace in three months in December. The result signals that consumer spending should remain strong in coming months. The Federal Reserve says borrowing expanded $ 21.3 billion in December, the strongest showing since an increase of $ 28.6 billio…
FF News: Breaking News

Canadian Housing Starts Trend Lower in January

The trend measure of housing starts in Canada was 199,169 units in January compared to 203,304 in December, according to Canada Mortgage and Housing Corporation (CMHC). The trend is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts. “Housing start…
FF News: Breaking News