Related Articles
Hungary central bank to hold fire after surprise rate rise, QE in focus: Reuters poll
By Gergely Szakacs BUDAPEST (Reuters) – The National Bank of Hungary (NBH) will leave its key interest rates unchanged next Tuesday after an unexpected increase in lending rates early this month to halt the slide of the forint, economists said in a Reuters poll. All 15 economists in the April 20-22 survey said the bank […]
China clamps down on risks in rental housing market
BEIJING (Reuters) – China will curb financial risks in the rental housing market by tightening lending to rental housing companies and capping the ratio of their rental income from loans taken by tenants at 30%, the housing ministry said on Wednesday. The Chinese government has vigorously promoted the rental housing market since 2017 to address […]
Heirs to Asian fortunes tested on sustainability commitments by pandemic
HONG KONG (BLOOMBERG) – As markets tumbled this year, Mary Ann Tsao faced a tough choice. Her fourth-generation family office in Singapore had adopted sustainable investing principles, but the coronavirus was trashing the global economy. Relatives suggested a return to the old ways. “They’d say ‘don’t lose any money – never mind about the ESG […]