Review Mortgage Lenders

Central Pacific HomeLoans

Calomiris Says Fed Pressure on BofA Adding Uncertainty: Video

, discusses efforts by the Federal Reserve Bank of New York, BlackRock Inc. and Pacific Investment Management Co. to force Bank of America Corp ...

Australia Consumer Confidence On Tap For Wednesday

(RTTNews) - Australia will on Wednesday see July results for the consumer confidence index from Westpac, highlighting a modest day for Asia-Pacific economic activity. In June, the index added 0.3 percent on month to a score of 102.1.

Australia also will see May figures for home loans. In April, loans were down 1.4 percent on month, while the value of loans added 0.2 percent and investment lending sank 0.9 percent.

Japan will release May numbers for core machine orders and the tertiary industry index, plus June figures for producer prices.

Machine orders are expected to fall 5.0 percent on month and rise 10.2 percent on year after jumping 10.1 percent on month and 9.6 percent on year in April. The tertiary industry index is expected to slip 0.3 percent on month after rising 1.0 percent in April.

Producer prices are called higher by 0.2 percent on month and 2.8 percent on year following the 0.6 percent monthly increase and the 2.7 percent yearly gain.

The EU General Data Protection Regulation and what it means for Australian business

Businesses established in the EU; Businesses based outside the EU that monitor, or offer goods and services to individuals in the EU; Personal data processes in places where EU Member State law applies by virtue of public international law.

The GPDR is not Australian law and its potential application turns on aspects of Australian and international law, the facts and circumstances of a specific organisation, as well as developing market forces.

Australian organisations likely to be impacted by the GDPR include businesses that are registered as foreign entities within the EU, have an office in the EU, provide online and electronic services which target EU customers or are responsible for websites that contain personal data of EU citizens. Australian businesses that rely upon third parties that process or control data within the EU will also be impacted by the GDPR.

Unlike Australia's Privacy Act, which does not apply to some organisations whose annual turnover is less than $3,000,000, the GDPR applies to the data processing activities of all businesses regardless of their size, where the data processors or controllers fall within the GDPR’s territorial scope.