Twelve of 16 analysts expect Beijing to relax or remove the cap on deposit rates or the floor on lending rates, according to a survey conducted before Xi Jinping's appointment as president tomorrow. A majority sees at least minor changes to the birth and registration policies.Thursday, 14 March, 2013, 7:47am
Centaline Property Agency said last night that some owners had immediately slashed their asking prices. A 922 sq ft flat in Taikoo Shing was on offer for HK$13 million, a reduction of 7 per cent. Other owners dropped their prices by up to 10 per cent.14 Mar 2013 - 2:13pm
Federal Reserve chairman Ben Bernanke signalled he would keep the Fed's target interest rate low to support the economy, even as some colleagues warned the policy risks triggering financial market instability.3 Mar 2013 - 6:30am
Federal Reserve Chairman Ben Bernanke said recent increases in some interest rates may signal the economy is gaining vigour.
28 Feb 2013 - 2:58am
Sixty-six per cent of respondents in a survey last month expected values to increase over the next year compared with 64 per cent in October, ASB Bank said in an e-mailed report. The proportion expecting lower prices was unchanged at 8 per cent.27 Feb 2013 - 5:04am
More than a dozen traders at RBS offices in London, Singapore and Tokyo manipulated the London interbank offered rate, which is used to price trillions of dollars worth of loans, from at least 2006 until 2010.7 Feb 2013 - 5:17am
Leung warned of a repeat of the failed "85,000 flats a year" target announced by then chief executive Tung Chee-hwa in 1997. By the time the new flats were ready, he said, the market would have shrunk due to external economic factors, leaving it unable to absorb all the flats.3 Feb 2013 - 5:36am 13 comments
India's central bank is expected to cut interest rates this week for the first time in nine months in response to the government's recent economic reforms and slowing inflation, economists say.28 Jan 2013 - 4:39am
Gold may test the US$2,000 threshold this year, say fund managers and gold traders, who believe low interest rates and rising demand for physical gold from Asia will boost prices.
According to British fund house Schroders, gold has generated handsome returns for its investors - 461 per cent - in the past 10 years.10 Jan 2013 - 4:21am
Australia's flagging property market is poised to get a boost from record low interest rates and a housing shortage that could increase prices by as much as 10 per cent this year.9 Jan 2013 - 3:26am