TOKYO, Oct 20 - Japan's property market is showing signs of overheating because of an inflow of foreign money and growing investments by major real estate developers, the central bank warned on Friday.
In a heat map of economy sectors which are running hot, the ratio of investment by real estate firms to gross domestic product turned"red", a signal that the property market was overheating, the central bank said. On Japan's banking system, the report said it remained stable on the whole. But it called for vigilance by financial institutions against the risk of a prolonged period of stress as global central banks continue to tighten monetary policy.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Japan's property market shows signs of overheating -BOJExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »
Stock market today: Asian shares follow Wall Street lower, and Japan reports September exports roseBANGKOK (AP) — Shares tumbled in Asia on Thursday following a retreat on Wall Street after big U.S. companies delivered mixed profit reports and Treasury...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stocks slip, yields rise as earnings season ramps up: Stock market news todayMiddle East tensions are weighing on markets in morning trade on Wednesday.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stocks slip as earnings ramp up, yields rise amid Mideast developments: Stock market news todayMiddle East tensions are weighing on markets in morning trade on Wednesday.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stocks slip, oil jumps as hospital blast fans Mideast fears: Stock market news todayMiddle East tensions are weighing on markets in morning trade on Wednesday.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
US futures reach for gains amid surging Treasury yields: Stock market news todayInvestors were treading carefully as the US 10-year yield nudged 5%, with more earnings and a speech by the Fed's Jerome Powell in focus.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »