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Finance & Markets

Hong Kong Property Stocks Fall as Rate Hike Threatens Recovery

Shares of Hong Kong developers dropped after the city followed the Federal Reserve with an interest rate increase, fueling concerns that higher borrowing costs may derail a nascent housing market recovery.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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Aldermore’s sale interest shows banks are over motor finance

Lloyds, Nationwide and Investec are all tipped to be circling Aldemore as its South African over prepares a sale. Samuel Norman takes a look at the runners and riders and what it could do for the market. Has the banking industry finally moved on from motor finance? The number of suiters circling Aldermore suggest as [...]

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