Banking and Finance
Interest rate curve skewed
The familiar interest rate curve cannot be seen these days because it has been replaced by another, strange formation showing banks’ interest rate policy: interest rates for short term deposits are the same or even higher than interest rates for long term deposits.
Gold price above VND 27 million per tael again
At 11 am today, SJC gold prices listed by the Saigon Jewelry Holding Company in Ho Chi Minh City were put at VND 26.85 million a tael for buying and VND 27.15 million a tael for selling.
Banks unanimously offer ‘three nines’ interest rate
A curious phenomenon can be seen at commercial banks – the 9.99 percent interest rate for all kinds of deposits.
New Zealand property prices reach all-time high
The national median house price has attained its highest ever level, passing the $352,000 reached in November 2007.
Few people buying into luxury home expo
A showcase of luxury Beijing properties aimed at the country's most wealthy inhabitants has so far failed to draw the crowds organizers hoped for.