NatWest Beats Estimates on Signs of Growing Customer Confidence
NatWest Group Plc beat earnings estimates in the first quarter as lending and deposits increased while customers started to feel more confident.
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NatWest Group Plc beat earnings estimates in the first quarter as lending and deposits increased while customers started to feel more confident.
Signa Prime Selection AG has agreed to sell three Italian properties, including the Hotel Bauer, to the Schoeller Group.
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.
Aug 23, 2016
BNN Bloomberg
,Toronto Mayor John Tory called for a more “robust” relationship with provincial and federal governments in addressing housing affordability concerns, even as Finance Minister Bill Morneau said Ottawa is still studying possible housing measures.
“There’s been some initial investment made in [housing affordability and public housing in Toronto] since the government changed in Ottawa,” Tory told reporters in Toronto, “but more needs to be done.”
At the same event on transit funding, Morneau said that Canada remains “very focused” on housing market stability and that affordability is a “huge area of concern.”
He added that the federal government is “considering measures that are more federal in nature.” While Ottawa will discuss measures with its provinicial and municipal counterparts, Morneau said other levels of government have their own ability to make decisions.
Morneau announced in June that the Liberal government would set up a working group of federal, provincial and municipal officials to recommend policy changes aimed at preventing a housing bubble.
At the end of July, British Columbia unveiled a new 15 per cent property transfer tax on foreign buyers in Vancouver, amid concerns that rampant speculation was driving prices out of reach for many residents.