Friday, May 22, 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:
Margin trading exceeds 2 trillion yuan, propelling risky rally in China markets (13 mins ago)
German business confidence wanes (18 mins ago)
Year end start for China led development bank (21 mins ago)
European equities open higher (53 mins ago)
Domestic demand lifts German economy (1 hr 46 mins ago)
Wal-Mart decides to bypass Li and Fung (1 hr 59 mins ago)
Nikkei edges up at close (2 hrs 2 mins ago)
Hang Seng, Shanghai rally (05-22 12:45)
Goldin Financial shares rebound by 3.6pc (05-22 12:43)
Bank of Japan stays the course on policy moves (05-22 11:44)

More breaking news >>

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