Banking and Finance

Oz, Japan and China top for property investment

Australia, China and Japan have topped the list of the best countries for property investment in an annual survey of the investment intentions of the world's largest global real estate investors.

New Zealand's house price stability on the way back

The drop in house values slowed in the year to June, says QV Valuations, though its latest survey shows mixed opinions where the market will go over the coming months.

Asia more confident of property market recovery

Asian property firms are looking ahead to recovery and positioning for an upturn even as the world economy struggles to recover from its worst recession in decades.

Banks thirsty for capital

Joint-stock banks have been following each other to raise deposit interest rates sharply since mid June, a move which has been explained as indicating they are short of capital.

Central bank keeps interest rates at 7 percent

A number of commercial banks have raised their dong deposit interest rates to ten percent, while the central bank recently decided to keep interest rates at seven percent. Sai Gon Giai Phong talked with the director of the Monetary Policy Department, Nguyen Ngoc Bao, to discuss rates and the possibility of risks to the monetary markets.