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Article: BRIEFING - ASIA ECONOMIC NEWS - AUG 11, 2009.

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AsiaPulse News
Article date:
August 11, 2009
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An executive briefing on the economies of Asia for Aug 11, 2009, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia based wire with exclusive news, commercial intelligence and business opportunities.

CORR - AUSTRALIAN LENDING FINANCE TREND STILL WEAK: ECONOMIST

(corrects headline)

SYDNEY - A fall in lending finance data sent a warning that expectations of a strong near-term rebound in the Australian economy after a recent bout of stagnation may be premature.

The total value of finance commitments, including finance leases, fell by 3.6 per cent in seasonally adjusted terms in June to A$51.772 billion (US$43.260 ...

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