China's bad loan ratio rises, adding to bank sector worries

(Reuters) - Chinese banks' bad loan ratio rose to 1.08 percent at the end of June from 1.04 percent in March, the banking regulator said on Friday, adding to concerns a slow economy and cooling property market could weigh on banks and brew up financial risks.

Average house price in England could double in next decade, report says

The average price of a house in England could double in the next decade and hit more than £900,000 by 2034, unless there is a radical new housebuilding programme to provide nearly a quarter of a million new homes a year, a report claims today.

New Premier in China Faces Test on Economy

HONG KONG — China’s new prime minister, Li Keqiang, entered the job on Friday inheriting a wobbling economy that could distract his government from its bold vows to clean up pollution and harness expanding towns and cities as an engine for growth.

Asian stocks muted as Fed measures boost fades

HONG KONG (AP) — Asian stocks were muted Monday as the boost faded from the Federal Reserve's announcement last week of new measures to energize the U.S. economy.

Bank Property Lending Retreat a Lehman Legacy: Mortgages

For J.H. Snyder Co. to start building a $197 million Los Angeles apartment complex in June, the developer cobbled together funds from two city agencies, a mezzanine lender and a pension fund to help fill a 63 percent funding gap left by JPMorgan Chase & Co. (JPM)’s construction loan.