Headlines
Central bank tries to stop commercial banks’ interest rate race
Governor of the State Bank of Vietnam Nguyen Van Giau says commercial banks must remain cautious over lending.
Banks offer deals to attract deposits
Numerous banks are offering certificates of deposit and promotions to absorb idle money.
State Bank says no to negotiable-interest loans
The Sate Bank of Vietnam had told credit organizations not to release negotiable-interest loans to customers investing in real estate and financial assets like gold, foreign currencies and stocks.
Bahrain property shifts focus to low-income housing
Bahraini real estate developers are eying investments in the country's low-income housing market to ride out a dearth of demand for high-end residences, executives said.
US new home sales slip back again
The annual rate of US new home sales fell unexpectedly in September, raising doubts about the strength of the housing sector's recovery