Banks warn of growing energy-related risks in Europe mortgage portfolios
ACROSS Europe, banks are trying to figure out how to handle a growing risk lurking in residential mortgage portfolios: energy consumption.
Is it riskier for single or zero-income couples to buy HDB flats?
INTUITIVELY, you would think that if a person is unable to secure sufficient loan financing before buying a home, the prudent thing...
PBOC to provide US$42 billion for state purchases of unsold homes
THE People’s Bank of China (PBOC) will establish a nationwide programme to unleash US$41.5 billion in cheap funding to help state-owned companies...
China unveils sweeping measures to rescue property market
CHINA announced its most drastic move to shore up the beleaguered property market by removing the floor on mortgage rates and encouraging...
China expected to stand pat on lending rates in May
CHINA is widely expected to hold benchmark lending rates steady on Monday (May 20), a Reuters survey showed, although expectations are growing...
Chinese property developer Country Garden’s Hong Kong liquidation hearing adjourned
A HONG Kong court adjourned to Jun 11 a hearing of a petition on Friday (May 17) seeking liquidation of Country Garden...
Condo rents fall again in April after slight recovery in March: SRX, 99.co
SINGAPORE condominium rents fell again in April after a temporary respite in March, based on flash estimates released by SRX and 99.co...
China regulators to discuss property aid with banks on May 17
CHINA’S government plans to hold a meeting with key officials on Friday (May 17) morning to discuss the property market, including a...
China new home prices fall at fastest pace in over nine years
CHINA’S new home prices fell at the fastest monthly pace in over nine years in April, keeping pressure on authorities as intensified...
Country Garden to begin court battle against liquidation threat
COUNTRY Garden Holdings is set to begin a major legal battle on Friday (May 17), squaring off in a Hong Kong court...