China announced Tuesday it would issue sovereign bonds worth 1 trillion yuan ($137 billion), state media said, in a move seen as an attempt to shore up the economy after a sluggish post-Covid recovery.
China’s EV sector burns bright but cannot offset property’s woes
This would tail off in 2027, by which stage EV production would have risen from 6.7mn units last year to about 18mn units. They would account for about 60 per cent of total passenger car production in China by then, from about 29 per cent in 2022.
Hong Kong may seek to kick-start ailing property market in policy address
Hong Kong is expected to announce lower stamp duties for some property transactions in an annual policy statement on Wednesday that will focus on stabilising an economy hurt by mass emigration from …
A Stock Guide for Hong Kong’s Policy Address as Home Sales Sink
Hong Kong Chief Executive John Lee may unveil measures boosting property sales and the stock market at his annual policy address on Wednesday, as he seeks to reinvigorate the faltering financial hub.
Lebanon’s Tense Standoff: On the Brink of Another War?
Between the rugged hills of South Lebanon and the manicured lawns of northern Israel, a familiar yet chilling dance of war is unfolding. The daily border clashes between the Shiite Hezbollah and the …
US Army charges Private Travis King with deserting to North Korea
The US Army charged Private Travis King with desertion for escaping to North Korea in July assaulting fellow soldiers and soliciting child pornography …
Eliminating intermediaries, bureaucracy and waiting: The remarkable tale of Saudi e-Governance
By Waseem AbbasiImagine how much simple life would be if you could handle tasks like obtaining a land record, reporting to the police, consulting a doctor, baking and selling goods from home, or even …
Iran, property insurance subjects for Florida special session
State Rep. Vicki Lopez, who represents Key Biscayne, said she’s excited about a proposal to add capacity to the popular but now frozen My Safe Florida Home Program.
Radisson Collection enters Philippines with signing of Fridays Boracay
Radisson Hotel Group has reached an important milestone in its expansion strategy with the signing of Fridays Boracay, A Radisson Collection Resort, which represents the group’s entry into Boracay.
China Is Facing Housing Market Disaster
China’s housing sector is experiencing a crisis that’s eroding international confidence and dragging down the country’s economic outlook.