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Posted on September 2, 2023

China property crackdown: why surprise victim Country Garden could be worse than Evergrande for the economy

The catastrophic crash in Country Garden Holdings, once the gold standard in China’s property industry, has cost stock and bond investors steep losses. Now, the developer stands to potentially inflict …

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Posted on September 2, 2023

China’s sluggish economic recovery has weighed on key Club stocks. Here’s why we’re holding on

China’s long-awaited post-Covid recovery is faltering as the world’s second-largest economy faces growing deflationary pressure, a property-market crisis, sluggish growth and record-high youth …

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Posted on September 2, 2023

Hong Kong stocks suffer 8.5% slide in August as Chinese manufacturing slump, property debt woes rattle investors

Stocks retreated as Chinese manufacturing contracted for a fifth month in August. The risk of default at Country Garden kept investors at bay before several repayment deadlines next week.

( read original story …)



Posted on September 2, 2023

Mohamed al-Fayed, tycoon whose son died with Princess Diana, dies at 94

Mr. Fayed’s reputation reached the sultan of Brunei — among the world’s richest men … The next year, Mr. Fayed used London property bought for the sultan as leverage to acquire the retail chain …

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Posted on September 2, 2023

Spend 5 nights at an all-inclusive villa in the Maldives for $3,174

The Maldives are known as a luxury destination, and as such accommodations tend to be on the pricier side. While of course, the islands feature options for many different budgets, this deal is …

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Posted on September 2, 2023

A slice of paradise: Why the Maldives is the perfect holiday for families

Talk about shark-infested waters — there were about 20 or 30 of them. Circling around the back of our boat as one of the crew continued to feed the throng, some of which were up to two metres long.

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Posted on September 2, 2023

Bhutan cuts daily tourist fee by half, know top 5 places to visit in ‘Land of Thunder Dragon’

Image Source : TWITTER Bhutan has recently reduced the daily tourist fee by half, know the top 5 places to visit in ‘Land of Thunder Dragon’. Bhutan, also known as the ‘Land of Thunder Dragon’, is …

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Posted on September 2, 2023

South LA Affordable Housing Project Breaks Ground On Site With Racist Past

A property that once banned “any person of the African or Mongolian race” will soon be home to 122 new apartments for low-income renters.

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Posted on September 2, 2023

Georgia Banker Shot, Dumped in a Well By Man Who Used Voodoo to Scare Witnesses

Learn more about how investigators cracked the case of missing Georgia banker Charles Parker, whose body was recovered from the bottom of a well.

( read original story …)



Posted on September 2, 2023

In Laos, Obama Once Again Apologizes for America

From the AP story: President Barack Obama paid tribute Wednesday to survivors maimed by some 80 million unexploded bombs America dropped on Laos decades ago. Some 20,000 people killed or wounded …

( read original story …)



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