In some areas, property prices have nearly doubled; in others, rents have climbed at a pace that outstripped inflation by a wide margin, ANAROCK Research said in its report …
How China’s property boom created and ate up world’s most indebted firm
Once China’s top developer, Evergrande’s fall highlights Beijing’s fragmented approach to a deepening real estate slump, with little relief for offshore creditors or private firms …
China’s property crisis icon Evergrande will delist following debt woes
The severely indebted real estate developer China Evergrande, already in the process of liquidation, said on Tuesday it will be delisted from Hong Kong’s stock exchange on Aug. 25, another setback to …
Road King to become first Hong Kong developer to default on bond as pressure mounts
Some bondholders of Hong Kong developer Road King Infrastructure have not received coupon payments after a 30-day grace period expired on Tuesday, adding to risks in the domestic property sector amid …
Bankrupt Property Developer China Evergrande to Delist From Hong Kong Exchange
The company received a letter from the regulator informing it that the Hong Kong stock exchange listing committee has decided to cancel Evergrande Group’s listing.
Oman emerges as global hub for creative retreats
Across the global landscape of travel and economic diversification, Oman is quietly forging a unique path — one that blends cultural depth with purposeful living. While many destinations compete …
Belarus plans to expand agricultural exports to Tajikistan
Belarus intends to increase its agricultural exports to Tajikistan, according to the Agriculture and Food Ministry, following a meeting …
Dubai developers bring construction in-house as demand surges
In a city famed for transforming desert into skyline, developers are taking the building process into their own hands as they seek to turbo-charge a property boom and maximise cash flow.
Saudi Arabia Restructures Foreign Property Ownership Rules in Economic Zones
Saudi Arabia has moved to overhaul regulations governing foreign ownership of real estate in its special economic zones, in a step seen as aligning the sector with newly approved nationwide property …
South Korean unemployment falls, but weak private hiring still a concern
South Korea’s unemployment rate fell unexpectedly to 2.5% in July, despite private sector hiring softening. Although weak domestic demand requires supportive macro policies, the BoK is likely to take …