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New rules adopted in hopes of spurring home loans
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Buying a home may have gotten a little easier this week. With the financial crisis and subprime mortgage bust receding further into history, the government is loosening some financial rules, hoping to inject more life into the country's still-recovering housing market. Both banks and borrowers s...
Janet Yellen is now taking a back seat to China
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Traders have been panicking over the sudden rise in global bond yields triggered by the expected tapering of the Federal Reserve’s stimulus programs. But an unlikely savior may emerge to limit the damage: China. That’s the view of researchers at Oxford Economics, who think the world&rsqu...
Here's why investment volume dropped in Q1 2015
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The market has become quieter.The Hong Kong commercial property investment market turned quieter in Q1 2015, with transaction volume falling significantly.According to a research note from CBRE, total investment turnover (including transactions worth US$10 million and above, excluding pure land site...
China banks’ 2015 profit growth seen below 5%: DBS Vickers
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Chinese banks are likely to see their net profit grow by low-single digit in percentage terms this year due to narrowed interest rate spreads and worsening asset quality, DBS Vickers said on Monday.Net profit expansion of the lenders will be in the zero to five percent range compared to the level in...