Credit markets and the performance of banks in Asia are on our list today after recent jumbo rate hikes by the US Federal Reserve rattled markets and hurt demand for homes and mortgages. 

Just look at Hong Kong - the city’s home prices, for one, fell 2.3% in August from a month ago, the lowest in over three years. 

In Singapore, major banks such as UOB and DBS Bank have temporarily ceased their fixed rate home loans for now to review their rates. Plus - cooling measures announced by the local government last night.

On Market View, Prime Time's Finance Presenter spoke with Rena Kwok, Credit Analyst at Bloomberg Intelligence, as they unpack how recent developments would weigh on mortage demand and bank performance in Asia.

Credit markets and the performance of banks in Asia are on our list today after recent jumbo rate hikes by the US Federal Reserve rattled markets and hurt demand for homes and mortgages. 
Just look at Hong Kong - the city’s home prices, for one, fell 2.3% in August from a month ago, the lowest in over three years. 
In Singapore, major banks such as UOB and DBS Bank have temporarily ceased their fixed rate home loans for now to review their rates. Plus - cooling measures announced by the local government last night.
On Market View, Prime Time's Finance Presenter spoke with Rena Kwok, Credit Analyst at Bloomberg Intelligence, as they unpack how recent developments would weigh on mortage demand and bank performance in Asia.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters with Hongbin Jeong and Chua Tian Tian

Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

Market View: Impact of property cooling measures on Singapore banks, rate hikes on Asian banks, performance of digital vs. traditional banks in South Korea

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