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26.02.26 - 13:24
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Hong Kong banks′ collateral asset valuations to continue declining in 2026: S&P (SCMP)
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The value of collateral assets used by banks for commercial property loans is expected to continue declining in 2026, according to S&P Global Ratings, as the sector has yet to find a clear bottom.
“More collateral pain is likely this year for Hong Kong banks,” the credit rating agency said in a report published on Thursday, adding that a subset of small banks could face more acute strain.
That assessment comes as Hong Kong's commercial property market remains on a sustained downturn that started......
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26.02.26 - 10:55
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How Insurance Costs Make NYC Construction so Expensive | Odd Lots (Bloomberg)
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It's hard to imagine NYC becoming significantly more affordable as long as it's so expensive to build things. Whether we're talking about new housing or transportation, the city is a famously expensive place to do construction. There are reports of subway elevators costing $100 million per station. Public bathrooms end up costing millions as well. One driver of costs is insurance, but particularly acute in NYC, with costs as a share of a given construction project having surged over the decades. So what's the story? On this episode we speak with Elizabeth Crowley, the president and CEO of the Building Trades Employers' Association as well as Michael Capasso, the president and CEO of CAC Industries, a civil engineering firm which works on various heavy construction projects in the city. We talk about regulations that push the cost of operation higher, along with other factors such as project delays and labor availability. (Source: Bloomberg)...
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26.02.26 - 10:01
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Odd Lots: How Insurance Drives NYC Construction Costs (Podcast) (Bloomberg)
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It's hard to imagine New York City becoming significantly more affordable as long as it remains so expensive to build things. Whether we're talking about new housing or transportation, the city is a famously expensive place to do construction. There are reports of subway elevators costing $100 million per station. Public bathrooms end up costing millions as well. One driver of costs is insurance, which is a major national issue, but particularly acute in NYC, with costs as a share of a given con...
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25.02.26 - 23:24
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Banks lift share in flow of resources to corp sector (Times of India)
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Scheduled commercial banks have regained market share in commercial sector financing in FY26, expanding non-food credit faster than the overall resource pool. This reverses a contraction seen in FY25, driven by a surge in equity issuances and non-bank funding. Bank credit grew 55.3% in the first 10 months of FY26, lifting their share of total funding to 63.2%....
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