Bloomberg Australian lending to businesses is growing at the quickest pace since the global financial crisis in a sign that the ‘animal spirits’ long sought by the country’s central bank are finally stirring. Loans to companies climbed 7.4 percent in April from a year earlier, the most since January 2009, according to the Reserve Bank of Australia. Record low ...

  Bloomberg Memo to Hong Kong developers calling for the government to ease property curbs amid a slump in home prices: Don’t hold your breath. Declines in the residential property market have to get a lot worse before Hong Kong’s lawmakers would consider rolling back measures they introduced more than five years ago to rein in prices, according to eight ...

  Bloomberg Credit rating companies are warning that the financial health of property developers in China is deteriorating even as the nation’s real estate market shows signs of recovery. Fitch Ratings said on Tuesday that a divergence in the performance of Chinese developers is driving more rating downgrades and outlook cuts in the industry, while S&P Global Ratings issued a ...