Bloomberg Australian real estate loans are bucking a slump in the syndicated lending market and have nearly quadrupled in 2016 from last year, buoyed by continuing demand for residential and commercial assets. Asian banks are taking notice. Fifteen syndicated loan deals for constructions, land development and property acquisitions worth $3.37 billion were signed so far this year, the highest ...

  Bloomberg Australia’s economy recorded its biggest monthly jobs gain this year, led by full-time employment, while a higher participation rate also signaled a healthier labor market. Employment jumped 39,100 from October, more than double economists’ forecast for a 17,500 gain October jobs gain was upwardly revised to 15,200 from 9,800. Jobless rate rose to 5.7 percent from 5.6 percent; ...

  Bloomberg If you think air pollution in China has been bad, just look at Mongolia. Levels of particulate matter in the air have risen to almost 80 times the recommended safety level set by the World Health Organization — and five times worse than Beijing during the past week’s bout with the worst smog of the year. Mongolian power ...