HONG KONG : Hong Kong property consultants said the government’s move to raise transaction taxes for luxury apartments will do little to stabilise residential prices. However, they said plans to increase residential land supply will help. The measures were announced in the government’s Budget speech on Wednesday, and are aimed at averting a property bubble [...]

Hong Kong, housing Hide

IT has been a year of “free money”. Well, almost, especially so in developed countries such as the United States and Japan, where interest rates have sunk to near zero levels over the past one year. In most other countries, including Malaysia, interest rates are nowhere near zero, but they have been hovering at their [...]

Bank Negara, China, Euro Zone, Hong Kong, inflation, Interest rates, Japan, Malaysia, monetary policy, Singapore, South Korea, Thailand, UK, US Hide