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Posted on August 16, 2022

Exclusive: Base price for ICC media rights for India can work out to approx $1.5b for four-year, $4b for eight years

If all the complications arising out of the lack of clarity on the bidding process for media rights of the International Cricket Council (ICC) have to be set aside, there’s no denying that these …

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Posted on August 16, 2022

Delhi property prices shoot up 10%, other major cities witness 5% price hike

NCR, MMR, Kolkata, Pune, Hyderabad, Chennai, Bengaluru, and Ahmedabad witnessed a price hike in the first half of the year as compared to last year suggests a Colliers-Liases Foras report.

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Posted on August 16, 2022

China takes steps to support some property developers, boost demand in economy

China will guarantee new onshore bond issues by a few select private developers to support its embattled property sector, sources said on Tuesday, while the state planner said it would boost economic …

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Posted on August 16, 2022

Myanmar court convicts Aung San Suu Kyi on more corruption charges

A court in Myanmar convicted Aung San Suu Kyi on more corruption charges on Monday, adding six years to her 11-year prison sentence, a legal official said.

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Posted on August 16, 2022

End of ‘Little Thailand’: Tenants to move out of Golden Mile Complex before May 2023

End of current incarnation of Golden Mile Complex. Tenants of Golden Mile Complex will have to vacate the premises before the building is handed over to the developers come May 2023, following a …

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Posted on August 16, 2022

Oil prices tumble on possible Iran deal, stuttering China economy

Oil prices slumped more than 5pc Monday on the rising prospects of a return of Iranian oil to the market and data showing China’s economic recovery stuttering under Covid-19 restrictions and a …

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Posted on August 16, 2022

Barceló Hotel Group opens 5-star hotel in Jakarta

Indonesia – The Orient Jakarta, a Royal Hideaway Hotel. Located in Jakarta’s central business district, the stellar property is the Group’s first property in the country, and promises to bring a new …

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Posted on August 16, 2022

Iran denies involvement in Rushdie stabbing, says author to blame

The remarks by Nasser Kanaani, the spokesman for Iran’s Foreign Ministry, came three days after Rushdie was wounded in New York state. The writer has been taken off a ventilator and is “on the road to …

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Posted on August 16, 2022

China property stocks rally on hopes of relief plan

Shares in Chinese property companies rose sharply following reports that Beijing may order state-run groups to guarantee some developer bonds issued in the country’s onshore market. The Hang Seng …

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Posted on August 16, 2022

Iron ore rebounds in short-term boost from China property support

Dalian and Singapore iron ore futures rose on Tuesday, buoyed by news of further government support for Chinese property developers hit by a deepening financial crisis, but China’s worrying economic …

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