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Aussie millennials have second lowest home ownership level

  Bloomberg Australian millennials have the second-lowest level of home ownership for their peer group, an HSBC Holdings Plc survey found, just ahead of an oil-rich absolute monarchy. Only 28 percent of Australians aged between 19 and 36 own a home, the survey of more than 9,000 people in nine countries showed. That was well below France on 41 percent ...

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UK financiers battle govt over taxes as Brexit looms

  Bloomberg There are signs Britain is getting tougher on financiers just as it needs to attract them. Tax officials are pursuing probes into the residency status of HSBC Holdings Plc Chief Executive Officer Stuart Gulliver and Chi-X Global Inc. Chairman-Emeritus Anthony Mackay, as the government clamps down on people — oftentimes bankers — who work in the UK but ...

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German factory orders recover as economic momentum strong

  Bloomberg German factory orders rebounded from their steepest decline in eight years in a sign the recovery in Europe’s largest economy remains intact. Orders, adjusted for seasonal swings and inflation, rose 3.4 percent in February, after slumping a revised 6.8 percent in January, data from the Economy Ministry in Berlin showed on Thursday. The typically volatile reading compares with ...

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