Defense Minister Lee Jong-sup apologized during a parliamentary session Wednesday over a botched military operation to shoot down five North Korean drones that violated South Korea’s air space earlier …
Accor signs first Mercure property in Nepal
Accor, a world-leading augmented hospitality group with over 430 hotels across India, the Middle East, Africa and Turkey, signs its first Mercure property in Kathmandu, Nepal. Set to open in 2023, …
Two earthquakes of magnitude 4.7 and 5.3 jolt Nepal’s Baglung district today
Nepal, reports that two earthquakes with magnitudes 4.7 and 5.3 occurred in the early hours of Wednesday in the Baglung district of Nepal. According to the measurements from the epicentre, at 01:23 a …
Top 5 foreign nationalities buying condos in Thailand in 2022
Although fewer Chinese bought condos in Thailand this year than in previous years, Chinese owners are still dominating the foreign condo market, accounting for almost half of all condos bought by …
India Seizes Properties Worth Millions in Kashmir
Authorities in India-administered Kashmir have seized more than a score of homes associated with the banned Islamist movement Jamaat-i-Islami in recent weeks, raising tensions in the long-troubled …
India office property market net absorption hits 3-year high in 2022: Report
The net absorption for the year has surpassed the five-year pre-pandemic average by 3.1% as well and is second only to the 2019 …
China’s $1.3 Trillion Crackdown Isn’t Making Housing Affordable
China’s unprecedented $1.3 trillion crackdown on its frothy housing market has largely achieved its goal of lowering risk after kneecapping the country’s over-leveraged develo …
Top 10 Stories of 2022: China’s Latest Land Purchase Could Pose Major U.S. Security Risk
That’s how we compete with China.” While China raises concerns over American boots on the ground in Asia, the country continues to grow its own footprint in the U.S. USDA’s latest data shows China …
Macau Property Share Chat
Now that restrictions have lifted., Macau’s economy should take off from here. Casino stocks in HK have rallied significantly since the covid policy shift.
Wynn group leverage to stay high for now: Moody’s
In Macau, the Wynn group runs the Wynn Macau property, and the Wynn Palace resort (pictured), in Cotai. Moody’s noted in its report that Wynn’s Las Vegas and Encore Boston Harbor operations in the …