Vietnam Construction Loans to Spur Property Sales: SBV

Vietnam’s central bank and five state-run lenders are drawing up a loan package to bolster the struggling property market and help spur economic growth. Real estate stocks rose.

China Outlines Measures to Support Growth as Goal Recedes

China outlined a package of measures including railway spending and tax relief to support the economy and create jobs after a slowdown endangered Premier Li Keqiang’s target of 7.5 percent growth this year.