Beijing: Chinese property companies are rushing to the dollar bond market, almost matching last year’s sales in the first month of 2013 alone, in a frenzy that could inflate the sector’s gearing and the broader risk of a housing price bubble.
Beijing: Chinese property companies are rushing to the dollar bond market, almost matching last year’s sales in the first month of 2013 alone, in a frenzy that could inflate the sector’s gearing and the broader risk of a housing price bubble.
In a highly competitive sector where even the biggest developers have market shares of just low single
London: Gold inched up on Thursday ahead of a European Central Bank meeting that could set the tone for the euro, while platinum and palladium held near their highest levels in 17 months on hopes of a better economic outlook.
Bullion has been trading in narrow ranges so far this year after signs of an improvement in the global economy prompted some
Australia’s jobless rate held steady at 5.4 per cent in January, data showed Thursday, with the economy creating a net 10,400 jobs, in line with analyst forecasts.
An increase in part-time employment offset a decline in full-time positions, with the total number of jobs created in the month slightly short of expectations.
The Australian dollar
Singapore: Asian markets were mostly down on Thursday with traders booking profits after another strong rally in the previous session, while they are also awaiting the release of Chinese economic indicators.
Tokyo’s Nikkei suffered a deep correction after storming almost four per cent to its highest level since September 2008, while t
The Bank of Japan is expected to keep monetary policy steady next week and consider revising up its assessment of the economy as exports find some relief from recent declines in the yen and a pick-up in global demand, sources familiar with its thinking said.
Prime Minister Shinzo Abe, who has the power to fill three top BoJ posts
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