Wednesday, September 3, 2014   

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:
China fines insurance firms for fee fixing (09-02 19:02)
German new car sales stable in August: data (09-02 18:39)
Hang Seng ends flat, Shanghai soars (09-02 17:54)
Hang Seng dips at midday (09-02 12:11)
Nikkei soars by break (09-02 11:07)
Eurozone manufacturing slows in August (09-02 10:46)
Alipay, Huawei to promote mobile fingerprint payment (09-01 18:19)
Sony founder nephew to head PlayStation unit (09-01 17:27)
Microsoft demanded to explain over monopoly accusations (09-01 17:15)
German machine-tool orders stagnate in July (09-01 16:29)

More breaking news >>

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