NatWest Beats Estimates on Signs of Growing Customer Confidence
NatWest Group Plc beat earnings estimates in the first quarter as lending and deposits increased amid signs of improving customer confidence.
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NatWest Group Plc beat earnings estimates in the first quarter as lending and deposits increased amid signs of improving customer confidence.
Singapore home prices grew at a slower pace last quarter and rents fell, as the city-state’s property boom began to lose steam.
Hong Kong home prices rose for the first time in almost a year in March as the city’s removal of property curbs revived sales.
Greater China’s property market crisis and the challenges it poses for lenders will be on full display on Monday, when embattled developer China Vanke Co. and the region’s biggest banks report earnings.
China’s overseas investment is heading for an eight-year high as its dominant firms build more factories abroad, a shift that could soften criticism of Beijing’s export drive.
Mar 15, 2019
Bloomberg News
,(Bloomberg) -- Private-home sales in Singapore rose in February, one signal the market may be recovering from cooling measures implemented last year.
Developers sold 455 units, a 4.4 percent increase on January’s 436, the Urban Redevelopment Authority said in a statement Friday.
In July, the government imposed higher stamp duties and tougher loan-to-value rules to choke off a sudden bout of exuberance. That had the desired effect with private residential home prices in the city-state posting their first decline in six quarters in the three months to Dec. 31.
In other highlights from the report:
To contact the reporter on this story: Katrina Nicholas in Singapore at knicholas2@bloomberg.net
To contact the editors responsible for this story: Katrina Nicholas at knicholas2@bloomberg.net, Sam Mamudi
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