South Korea’s household lending surged in June at the fastest pace in 10 months, driven by a hot property market in Seoul that’s complicating the central bank’s efforts to support the economy with …
Samsung heirs sell Seoul villa for US$16mil to help pay record inheritance tax bill
SEOUL: The heirs of the late Samsung Group chairman Lee Kun-hee have sold a luxury property in central Seoul for 22.8 billion won (US$16 million), in what appears to be part of a broader effort to pay …
Foreign investment in Vietnam property doubles
Foreign direct investment in Vietnam’s property sector jumped 2.4 times to US$4.8 billion in the first half this year, latest data shows.
How cryptocurrency can rescue real estate in Pakistan
Pakistan’s real estate sector, once considered a pillar of economic stability, is now grappling with a credibility crisis. Widespread fraud, unchecked land mafias, tax evasion and manipulation of …
Indonesia, China Sign Copyright Cooperation Agreement in Geneva
Indonesia and China signed a copyright cooperation deal in Geneva, aiming to strengthen IP protection and promote creative industries.
New World Is Selling China Property Assets After Loan Deal
New World Development Co. is seeking to divest real estate projects in mainland China after pulling off an $11 billion refinancing deal in June, according to people familiar with the matter.
China’s snaps 4-month consumer decline but factory price deflation deepens
Consumer prices in China rose slightly in June, official data showed on Wednesday, snapping a four-month decline even as factory gate prices were bruised by a fierce trade war with Washington. In a …
A breakdown of the trade links of Trump’s latest tariff targets
The majority of the new tariffs announced on Monday closely reflect the rates proposed by President Donald Trump in April.
Turkey blocks X’s Grok chatbot for alleged insults to Erdogan
A Turkish court has blocked access to Grok, the artificial intelligence chatbot developed by the Elon Musk-founded company xAI, after it generated responses that authorities said included insults to …
Vietnam girds for 20% Trump tariff as investors back deal
Vietnam, an export powerhouse that last year had the world’s third-biggest trade surplus with the US, is trying to navigate Washington’s demands while keeping good relations with Beijing, its biggest …