China’s property market was once seen as the locomotive of its economic growth – but now, it’s going off the rails. One of the country’s biggest developers, Country Garden, narrowly avoided default on …
Iron Ore Declines as Data Shows China Property Concerns Persist
Iron ore fell for the first time this week as a lull in China’s property sector persists, with fresh data showing a recent spurt in home sales in its capital losing momentum.Most Read from …
Ho Kwon Ping on China’s tourism rebound and property market trouble
Ho Kwon Ping, Executive Chairman of Banyan Tree Holdings says the current weakness in China’s tourism industry is just “a blip” and would definitely recover.
China unveils ‘blueprint’ for Taiwan integration while sending warships around the self-ruled island
China on Tuesday unveiled a plan to deepen integration between the coastal province of Fujian and self-governing Taiwan, touting the benefits of closer cross-strait cooperation while sending warships …
China’s evolving property crisis and stress test scenarios
Deterioration in the credit profiles of the largest and most leveraged of China’s real estate companies threaten to send the world’s second largest economy into a downward spiral. That has the …
Limassol property sales near half a billion in second quarter of 2023
Real estate sales in Limassol rose to nearly half a billion euros in total value during the second quarter of 2023, according to a report released on Tuesday by Cypriot firm Ask Wire, a company that …
Armenian communities to receive part of funds from sale of state-owned lands
Armenia’s National Assembly has passed today in the second and final reading a set of amendments to the law on the budget system concerning the distribution of funds received from the sale of …
Georgia Gov. Brian Kemp is suspending state gas and diesel taxes again
Georgia’s governor is again suspending state taxes on gasoline and diesel fuel, declaring a legal emergency over higher prices.Gov. Brian Kemp signed the executive order Tuesday morning. The …
Georgia police: Othal Wallace could have fired on them from tree house but was ‘compliant’
Judge bars introduction of alleged statement by Othal Wallace: ‘You know who I am. You know what I’m capable of.’ …
Ga. Slave descendants face vote on whether wealthy can build large homes in their island enclave
DARIEN, Ga. (AP) — Descendants of enslaved people living on a Georgia island are watching anxiously Monday evening as county commissioners consider doubling the maximum size of houses that can be …