For the first time since his return from London after four years of self-exile, former premier Nawaz Sharif on Tuesday appeared before the Islamabad accountability court, which confirmed his bail in …
Former Pakistan PM Nawaz Sharif Gets Bail In Toshakhana Case
Sharif, 73, the three-time prime minister and supremo of Pakistan Muslim League-Nawaz (PML-N), returned to Pakistan on Saturday.
Toshkhana case: Former Pakistan PM Sharif to appear in court today
Islamabad: Pakistan Muslim League-Nawaz (PML-N) supremo, Nawaz Sharif is scheduled to appear in the accountability court and the Islamabad High Court (IHC) on Tuesday. He will attend the hearing of …
Pakistan: Punjab interim government suspends Nawaz Sharif’s sentence in Al-Azizia case
The development comes on the day when Pakistan Muslim League-Nawaz (PML-N) supremo Sharif is scheduled to attend multiple hearings at an accountability court at the Federal Judicial Complex (FJC) and …
China property crisis: Country Garden debt fallout triggers push by investors for payout on credit default swaps
The failure of Country Garden Holdings to pay a bond coupon has prompted an investor to start pushing for a payout on derivative financial contracts known as credit default swaps (CDS) linked to the troubled Chinese developer.
Bain Capital forms $250 million industrial property JV with China’s DNE Group
Bain Capital and Chinese industrial real estate developer and operator DNE Group said on Tuesday they formed a joint venture with a $250 million equity commitment, as the U.S. firm looks for investment opportunities in manufacturing park assets in China.
China announces $137 bn sovereign bond issuance
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.