China’s property sector continues to unravel as another developer falls behind on its debt payments, according to Bloomberg. Country Garden Holdings – once China’s largest developer by sales – failed to make coupon payments due Monday,
China Property Stocks Lead Hong Kong Market Slump
A cash crunch at China’s largest surviving property developer rattled Hong Kong’s stock market on Tuesday, sending the benchmark Hang Seng Index down 1.8%. Country Garden Holdings said it missed coupon payments that were due Monday on two U.
Macao’s Roots
Macao’s 400-year-old ties with the lusophone states have come to shape its future. #Ad Paid and Presented by Macao Government Tourism Office …
Hong Kong property ‘price war’ imminent as Li Ka-shing’s CK Asset slashes flats to lowest seen in city in 7 years
Developer cuts prices at Coast Line II in Kowloon to US$1,921 per square foot – 16 per cent below other recent launches – in a bid to boost buyer sentiment in a slumping market.
Billionaire-Backed Fintech Becomes Hong Kong’s Latest Unicorn With $458 Million Round, Baillie Gifford Joins As A New Investor
The funding round, which values the two-year-old startup at $1.7 billion, included participation from Lenovo Capital, Vectr Fintech and Dara Holdings.
‘Frustrated’ Brunei man gets six months’ jail for running amok at home
A man received six months’ jail for committing mischief by damaging his mother’s property out of frustration due to his father’s recent passing.
Learning about the wild men of Borneo … in Chiang Mai
137 Pillars House, one of Chiang Mai’s most impressive boutique hotels, sprawls around a historic wooden building (supported by 137 teak pillars) that now houses a bar, a restaurant, and a lounge …
New Amari Maldives resort aims for versatility
Onyx Hospitality Group’s latest opening, the Amari Raaya Maldives, is expected to align well with the Maldives tourism ministry’s ambition to position the destination as one that welcomes a wide range …
The National Bank of Bahrain and Era Real Estate sign major financing accord
The National Bank of Bahrain (NBB) and Era Real Estate have signed a memorandum of understanding (MoU) to provide financing solutions for purchase of property in the Khudur Homes project in Diyar Al …
East Palestine community shares ongoing health concerns
There was mention of a divide between people in East Palestine on the seriousness of the derailment. Concerned citizens say they often speak with residents who do not believe there are any lasting …