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Posted on September 28, 2023

Japan’s Nikkei leads losses in Asian markets amid the fear of rate hike, China property market woes

Investors worried about China’s property woes after Evergrande Chairman had been placed under police watch. The possible higher US interest rates and rising Treasury yields weigh on heavyweight …

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Posted on September 28, 2023

Global Innovation ranking: Bangladesh drops 3 notches in 2023

Bangladesh has slipped three notches to rank 105th among 132 economies in the Global Innovation Index (GII) 2023. Bangladesh falls behind India, Sri Lanka and Pakistan but stays ahead of Nepal in …

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Posted on September 28, 2023

Evergrande collapse shows China’s poor learning from India’s IL&FS fiasco: Uday Kotak

Hui Ka Yan, the billionaire chairman of beleaguered property developer China Evergrande Group, was placed under police control …

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Posted on September 27, 2023

Chinese tycoon Chen Hongtian’s seized luxury Hong Kong flat sells for US$53 million, 39% below market price

A 5,154 sq ft flat in Opus Hong Kong, seized from Chen Hongtian earlier this year, has sold for US$53 million to Kwai Sze Hoi, chairman of Hong Kong-listed Ocean Line Port Development, sources say.

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Posted on September 27, 2023

Hong Kong to ease property cooling measures amid falling prices? Finance chief Paul Chan offers strongest hint yet

Paul Chan says the property market situation is different from that when the government introduced the management measures in 2010 Chan returned home after touring Europe at the head of a 130-strong …

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Posted on September 27, 2023

Don’t write off Hong Kong and mainland China despite headwinds, Post’s ‘Redefining Hong Kong’ conference hears

Hong Kong and mainland China might be facing headwinds currently, but investors should not write them off as investment opportunities still abound, analysts say at a family office conference hosted by …

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Posted on September 27, 2023

Bahrain rights group says 13 convicted over prison sit-in that authorities say was violent

Bahrain has sentenced 13 prisoners to an additional three years in prison over a sit-in held in 2021 that prison authorities say was violent.

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Posted on September 27, 2023

Property owners will be fined in Armenia for failure to report to tax authorities renting our their housing

Armenian National Assembly’s committee on economic affairs has endorsed today a set of amendments and additions to the Tax Code, which call for penalizing property owners for failure to report to tax …

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Posted on September 27, 2023

Armenian Americans protest at Regan Library ahead of GOP debate

SIMI VALLEY, Calif. – Ahead of today’s planned GOP debate at the Ronald Reagan Library, Armenian Americans held a demonstration at the property’s entrance. The display is intended to bring attention …

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Posted on September 27, 2023

Georgia Democrat claims migrants are not crossing illegally, instead at border waiting for asylum

Hank Johnson, a Democratic member of Congress from Georgia, said migrants were sitting at the border and waiting for asylum, rather than entering the U.S. illegally.

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