South Korea’s military has detected signs that North Korea may be preparing to test a submarine-launched ballistic missile (SLBM), Yonhap news agency reported on Saturday, days before a visit by U.S.
Most Gulf markets take a breather; Abu Dhabi flat
Saudi Arabia’s benchmark index outperformed Gulf peers in early trade on Tuesday, having fallen more than 5% in the previous three sessions, on economic growth concerns.
Deflation Risks Loom in China Amid Property Crisis, Survey Shows
China faces increasing risks from deflation as demand crumbles under the weight of an ongoing property crisis and is threatened by continued Covid restrictions — a stark contrast with other major …
Qatar’s housing market still unhappy
Qatar’s housing market remains fragile, with the nationwide real estate price index (inflation-adjusted) falling by 4.87% in Q2 2022 from a year earlier, following y-o-y declines of 1.69% in Q1 2022, …
Banks as ‘only clear sector beneficiary’ while property and REITs to suffer amid Fed rate hikes: CLSA
The analysts’ top picks are DBS, UOB, Singtel, CICT, CDL, Sembcorp Industries, Yangzijiang Shipbuilding, MINT, MLT and VMS …
Dubai real estate market hits another high on Monday with AED1.7 billion worth transactions
Monday’s property deals included 498 sales transactions worth AED1.24 billion, 80 mortgage deals of AED444.06 million and 12 gift deals amounting to AED65.68 million Dubai real estate market hits …
Oversupply, higher interest rates could moderate UAE’s property sector spurt – Fitch
External pressure from rampant inflation is also less acute than elsewhere in the world, and the devaluation of emerging currencies underpins the UAE’s attractiveness, thanks to the stability of the …
Dubai developer Nakheel nears $4.6bn debt restructuring to fund expansion
Dubai developer Nakheel is nearing a debt restructuring deal worth $4.6bn, as the group behind landmarks such as Palm Jumeirah accelerates plans to tap into surging demand for property in the Gulf …
As more foreigners go house-hunting in Malaysia, sellers say cash is king
MATT Tian, a veteran property agent at PropNex Malaysia, was on holiday recently when he received a call from an overseas client requesting to view one of his listings in Kuala Lumpur. Read more at …
Luxury apartments selling well in Vietnam
Located in Hanoi, a luxury apartment project is marketed for an average price of over VND500 million ($23,000) per sqm, the highest so far in Hanoi. The developer revealed that 70 percent of the …