|Asian shares rise, dollar on top of the heap|
By Lisa Twaronite TOKYO (Reuters) - Upbeat Chinese services activity reports helped lift Asian shares on Wednesday, while the dollar was close to 14-month highs against a basket of major currencies after data underscored that the U.S. Chinese stocks cheered the reports, with the Shanghai Composite Index and the Hang Seng Index rising 1 percent and 1.8 percent respectively.
|U.S. bank regulators set to adopt liquidity, swaps margin rules|
Regulators also will unveil a separate proposal governing how much money swaps buyers and sellers must set aside when they make trades outside central clearing houses. The rules from the Federal Reserve, Federal Deposit Insurance Corp (FDIC) and Office of the Comptroller of the Currency (OCC) are part of a series of reforms aimed at making banks sturdier and heading off another economic meltdown. The liquidity rules, which call for big banks to hold enough liquid assets to meet their cash needs for 30 days, are a key pillar of the international agreement known as Basel III. They aim to ensure banks have easy-to-sell assets on hand so they could meet customer withdrawals or post collateral in a crunch.
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JC Financial provides borrowers with superior mortgage solutions and impeccable personal service, closing transactions with the best loan programs in the most efficient manner. We represent a wide range of "A" rated lenders with first quality rates to private "hardship" lenders. Purchasing a home is probably one of the biggest investments you'll ever make in your lifetime. We are with you every step of the way.
Josephine Chu, our founder, is also fluent in Mandarin and Cantonese, and can help translate important documents for borrowers in need.
If you're like most people, purchasing a home is probably one of the biggest investments you'll ever make in your lifetime and we'll be with you every step of the way
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We offer a variety of loan programs. Every borrower has different needs. After reviewing your situation, one of our experts will see what loans best fits your needs
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