The banking regulator of the central Chinese province of Henan has told lenders to grant at least 450 billion yuan (HK$523 billion) in new loans this year to help shore up the local economy, a rare edict that has raised concerns the local government is becoming increasingly intrusive in influencing bank business decision-making amid the economic slowdown.The jig is up.
Keppel DC REIT Distributions Drop 13.7% and More Asia Real Estate Headlines
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The challenges of what was once Asia’s hottest listed trust lead today’s
roundup of real estate headlines, with Keppel DC REIT announcing a dip in
distri...
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