India's top court on Monday ordered a status quo on the liquidation proceedings of Bhushan Power and Steel, weeks after it rejected JSW Steel's resolution plan to acquire the firm.
India’s top court pauses liquidation of Bhushan Power and Steel
India's top court on Monday halted the liquidation proceedings of Bhushan Power and Steel (BPSL), weeks after it rejected JSW Steel's $2.3 bilion deal to acquire the firm. The ruling came after JSW ...
Photos show US and China’s aircraft carriers deployed to Pacific waters
The U.S. has deployed an aircraft carrier in Japan as China continues to challenge its naval dominance in the Western Pacific Ocean.
China mulling new economic policy tools, Premier Li says
China is weighing new policy tools in the face of an international economic and trade order that is "under severe impact", Chinese Premier Li Qiang told a symposium with Chinese firms in Jakarta over ...
Xiaomi takes aim at Tesla’s bestselling car in China with its longer-range YU7
Xiaomi late on Thursday revealed its YU7 SUV and claimed it would have a driving range of at least 760 kilometers (472 miles) on a single charge.
Hong Kong rich families offload luxury homes to repay debts
Some of Hong Kong’s richest families are selling their personal residences to manage rising debts as the city’s prolonged property downturn persists. ( read original story ...)
As Hong Kong office rents plummet, landlords upgrade with video walls to lure tenants
Hing Wai spent HK$24 million (US$3.1 million) on a three-dimensional LED video wall installed on the building’s facade. The move generated annual advertising revenue of HK$26 million, which is about ... ( read original story ...)
Timor-Leste’s PM confident of full Asean membership by year’s end
Kay Rala Xanana Gusmão said the country was on track and motivated by overwhelming goodwill from fellow Southeast Asian nations. ( read original story ...)
Bahrain property boom creates many winners
The unprecedented property boom in Bahrain has paved the way for many companies to make their fortunes. All of the countries have been touched positively in one way or another because of the housing ... ( read original story ...)
Oman’s real estate: How many homes, hotel rooms are to come up by 2030?
As the country advances with the 2040 agenda, stimulating investment in the real estate sector will be increasingly important. Government-led initiatives to attract foreign and ... ( read original story ...)