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China Loans, Property Prices Jump as Economy Risks Overheating (BusinessWeek)

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China’s lending surged to 1.39 trillion yuan ($203 billion) in January and property prices climbed the most in 21 months as banks extended more credit in anticipation the government will tighten monetary policy. (read the story…) Related items Singapore says banks still lending to property firms (Reuters via Yahoo! Malaysia News) Singapore says banks still lending to property...
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Brazilian Stocks Rally on Chinese Imports, Loan Growth Outlook (Bloomberg)

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March 10 (Bloomberg) — Brazil’s Bovespa index gained for a second day as Chinese imports and exports rose more than forecast and analysts said banks’ loan growth and asset quality are improving. (read the story…) Related items Asian Stocks Decline on China Lending Concern; Euro Pares Gains (Bloomberg) Euro Trades Near Two-Week High; Asian Commodity Stocks Gain (Bloomberg) Asian...
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RPT-UPDATE 1-UBS senior Asian investment banker resigns -source

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(Repeats story from late Wednesday with wider coding. (read more here…) Related items Psychiatrist report on woman suing OCBC: ’Emotionally feisty elderly lady’ RPT-UPDATE 1-Fortis H’care to buy $685 mln stake in S’pore Parkw UBS senior Asian investment banker resigns -source Customers unhappy over bank’s deduction of payments after spas’ closure Morning rain provides respite from hot and dry spell
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UBS senior Asian investment banker resigns -source

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* Resignation comes after reshuffle in Singapore-sources (read more here…) Related items Customers unhappy over bank’s deduction of payments after spas’ closure Singapore dollar seen at 1.35/USD end-2010 -c.bank poll Singapore GIC, Qatar to underwrite Pru PLC issue StanChart posts 17% increase in operating profits in S’pore last year RBS Coutts relocates co-CIO from London to Hong Kong
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Customers unhappy over bank’s deduction of payments after spas’ closure

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SINGAPORE : Clients of spas which shut down last year are unhappy over United Overseas Bank’s (UOB) decision to continue deducting payments for unused spa services. (read more here…) Related items Singapore’ UOB bank sells insurance unit to Prudential (AsiaOne) Singapore’s UOB bank sells insurance unit to Prudential (AFP via Yahoo! Asia News) UOB says sells life insurance unit...
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Singapore dollar seen at 1.35/USD end-2010 -c.bank poll

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SINGAPORE, March 10 (Reuters) – Singapore's economy is expected to grow 6.5 percent in 2010 from a year earlier, while the Singapore dollar <SGD=> is forecast to rise to 1.35 against the U.S. dollar by the end of the year, a central bank survey showed. (read more here…) Related items Singapore may up deposit guarantee amount 2.5 times Singapore’s first casino at...
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