China’s property investment extended its fall for the 17th consecutive month in July, and home sales slumped, official data showed on Tuesday, as a deepening debt crisis weighs on the sector.
China’s Jan-July property investment down 8.5% y/y
Property investment in China fell 8.5% in the first seven months from the same period a year earlier, after sliding 7.9% in January-June, according to data from the National Bureau of Statistics (NBS) …
JPMorgan ramps up EM default rate forecast amid China property woes
JPMorgan ramped up its 2023 global emerging market corporate high yield (HY) default rate forecast to 9.7% from 6% on Tuesday following the latest wave of problems in China’s property sector.
Taiwan presidential frontrunner says no plans to change island’s formal name
The leading candidate to be Taiwan’s new president, Vice President William Lai, said in an interview on Tuesday that he has no plans to change the island’s formal name, but reiterated that Taiwan is …
‘Maldives of the Middle East’ project incredibly close to completion
The St. Regis and Ritz-Carlton Reserve in Saudi Arabia are almost ready. ‘Maldives of the Middle East’ project incredibly close to completion. hospitality news, hotel news, Nujuma, red sea, Red Sea …
Trump was indicted in Georgia over his efforts to overturn the 2020 election. Here’s what the 13 counts in his 4th criminal case mean.
Trump was charged with 13 felonies in his fourth criminal case including racketeering, conspiracy, filing false documents, and making false statements and writings.
A look at the 19 people charged in Georgia indictment connected to Trump election scheme
Donald Trump and 18 other associates were charged Monday in Georgia as part of a sweeping indictment alleging they schemed to illegally overturn his 2020 election loss and stop the peaceful transition …
Chamber Connection on track for Thursday
Palestine Area Chamber of Commerce is hosting its third Chamber Connection with three stops Thursday, July 20.
Floods, landslides affect thousands in Laos
Many parts of Laos have been severely impacted by flooding and landslides, with farmland, residences, and other property damaged, affecting thousands of people across the country.
Roundup: Floods, landslides hit Laos, affecting thousands of people
Many parts of Laos have been severely impacted by flooding and landslides with farmland residences and other property damaged …