Asian Market Voices

We probably don't need QE3,or more Federal Reserve asset purchases,in the view of Tim Riddell,Head of Global Markets Research at Australian bank ANZ.I expect a relatively positive end to the third quarter.
It's not over for Greece.They've got a lot of problems.
Mario Draghi has shifted the whole focus of the European Central Bank.He's really doing a good job.
The Shanghai market could be a big shifter into the next quarter.We could get a 10.5% rebound going into the next month or two.The downside risk is only 2-4%.The skew to me is,look to get involved.
I think China's home prices have bottomed,said Nicole Wong,Head of Real Property Research at CLSA.Today 92% of buyers are end users,as opposed to investors,versus 50-60% a few years ago.The supply is getting a little bit tight at this time.
The new governent will have to think about the next few years.A lot of the tightening will stay just a warning.Supply is plummeting and demand is quite stable.Those developers with positive cash flow will be in the best position.
Another rate cut will make money in the bank feel more and more painful.
CLSA stands for Credit Lyonnais Securities Asia.It claims to be Asia's leading and longest running independent brokerage and investment group.The Hong Kong-based firm offers investment banking,equity broking and asset management to global corporate and insitutional clients.Credit Agricole is their main shareholder.

Asian Assets Sought

A number of banks have expressed interest in Asian assets of Royal Bank of Scotland Group.Among those interested are Standard Chartered,HSBC Holdings and Australia&New Zealand Banking Group,or ANZ.RBS is divesting commercial and retail units in eight Asian locales,such as Hong Kong,China and India.RBS has been in talks with the prospective buyers.ANZ has gone as far as to sell shares in order to raise capital to fund such purchases,among other purposes.In better times,the RBS assets might well go for a less attractive price than today.