Bloomberg Swedish housing prices will continue falling until the middle of next year as the share of household income that goes towards mortgage interest payments is set to double, economists at the Nordic region’s largest bank said in a new forecast. Nordea Bank Abp now expects prices to drop 15% from a peak earlier this year, which is larger ...

  Bloomberg Canada’s current account surplus came in much less than expected, as rising oil profits to foreign investors offset a surge in energy revenue. The country ran a current account surplus of C$2.7 billion ($2.1 billion) in the second quarter, Statistics Canada reported, well short of the C$6.8 billion projected by economists. The agency also cut its estimate for ...

  Bloomberg In a year where initial public offerings (IPOs) globally have slumped by more than two-thirds, one would expect the summer break to be especially quiet. Not so in Asia, where stock listings have notched their second-highest August haul on record. First-time share sales in the Asia Pacific region totaled $14.9 billion this month, data compiled by Bloomberg show. ...