A unit of embattled Chinese developer Evergrande has failed to repay its loans and must pay a guarantor $1.1 billion, the company said in a Hong Kong stock exchange filing.
Pelosi Starts Asia Trip in Singapore With No Mention of Taiwan
US House Speaker Nancy Pelosi was set to hold meetings in Singapore on Monday as part of a swing through Asia, as questions swirled around whether she would defy Chinese warnings with a stop in Taiwan …
Taiwan Dollar Slides as Growth, Geopolitical Risks Sap Sentiment
The Taiwan dollar slid past a key psychological level of 30 per US dollar for the first time since June 2020 as a double whammy of heightened geopolitical risks and weaker economic growth weigh on the …
Nuisance property ordinance vote could impact Atlanta nightlife businesses
If this ordinance is passed, the city would have the authority to close establishments with two or more violent conduct reports at nuisance properties within two years, according to officials.
Hmong Christians suffering severe persecution in Vietnam
Severe persecution of Hmong Christians is underway in Nghe An Province in Vietnam In the central Vietnam province, officials vying with each other to create Christian-free zones operate with no …
M&A deals light up property market in first half of 2022
Since the beginning of the year, the real estate market has seen an uptick in merger and acquisition (M&A) activity, including office, residential, and industrial projects.
J&K: One person washed away, property worth lakhs damaged as flash flood hits Poonch
A person was washed away while property worth lakhs were damaged in flash flood that hit Jammu and Kashmir’s Poonch district, official sources said on Monday. According to them, a person was washed …
It’ll be very difficult to rebuild confidence in China’s property sector: Financial research firm
Sandra Chow of CreditSights discusses property developer Evergrande’s debt crisis, and says there’s “no clarity … on what the true liabilities of the company are.” …
Settlers purchase Hebron home from Palestinian owner
The move is part of a long-term campaign by Hebron’s Jewish community and their supporters to expand its property holding in the section of the city under IDF military control.
Uncontrolled Chinese rocket debris lights up night sky, falls back to Earth near Philippines
The uncontrolled debris from a Chinese rocket fell back to Earth near the Philippines, the Chinese government announced … which carry a significant risk of loss of life and property,” Nelson said in …