Friday, October 9, 2015   

Mainland bank loans recover in June
(07-15 17:45)

China's lending banks picked up in June from May as the authorities accelerated infrastructure investment to boost the flagging economy.
The country's central bank said domestic banks granted just over one trillion yuan in new loans last month - up from about 870 billion in May.
But analysts warned of a possible debt bubble, adding that the central bank could start tightening monetary policy in the third quarter of 2014 if such risks arise. --RTHK   
Other Business breaking news:
HK, China stocks close higher (1 hr 22 mins ago)
Sri Lanka national carrier rewarded for hospitality (2 hrs 35 mins ago)
Positive start for Europe equities (2 hrs 43 mins ago)
Nikkei closes higher (10-09 14:22)
Volkswagen trust takes a beating on cheating in US hearings (10-09 13:48)
Ex-banker pleads guilty in US$1.2b Rothstein Ponzi scam in US (10-09 13:41)
Global worries kept Fed from raising rates, minutes show (10-09 13:33)
Asia computer shipments stable, survey finds (10-09 12:43)
Nikkei climbs (10-09 12:39)
HK, China stocks rally (10-09 12:37)

More breaking news >>

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