Elsewhere in Asia, China declined 0.4%, Hong Kong fell 0.6%, South Korea declined 2% and Taiwan dropped 1%. The pan-Europe index Stoxx 600 fell 1.5%. Wall Street’s main indices gained some ground on Thursday.
Bank deposit rates to stay firm in Q4 as loan demand peaks
Bank deposit rates are expected to remain steady. Lenders need funds for increasing loan demands. The recent CRR cut offers some relief but the busy