What started as a debt crisis with one major developer has grown to become a nationwide collapse of the real estate industry in China.
Afghanistan’s ex-president says he fled to avoid ‘humiliating’ surrender to Taliban
As Afghanistan marks one year since the Taliban took over the country,former president Ashraf Ghani has said that he took a split-second decision to flee Kabul to avoid a “humiliating” surrender. Mr …
Myanmar court convicts Suu Kyi on more corruption charges
A court in military-ruled Myanmar has convicted the country’s ousted leader, Aung San Suu Kyi, on more corruption charges, adding six years to her earlier 11-year prison sentence …
Myanmar’s Aung San Suu Kyi convicted on more corruption charges
A court in military-ruled Myanmar convicted the country’s ousted leader on more corruption charges, adding six years to her earlier 11-year prison sentence.
Japan’s economy stages modest bounce from COVID jolt, global outlook darkens
Japan’s economy rebounded at a slower-than-expected pace in the second quarter from a COVID-induced slump, data showed on Monday, highlighting uncertainty on whether consumption will grow enough to …
Nawaz Sharif to return to Pakistan next month, claims PML-N
Former prime minister Nawaz Sharif (3L), brother of Pakistan’s current Prime Minister Shehbaz Sharif, leaves property in west London on May 11, 2022. — AFP ISLAMABAD: PML-N leader and Federal Minister …
China’s Economy Slows Unexpectedly as Covid and Property Woes Mount
China’s economic recovery slowed even further than expected in July, as Covid restrictions and a crumbling property market compound additional woes. Nearly all key economic indicators fell short of …
China cuts rates as lockdowns and a real estate crisis take their toll
China’s central bank cut interest rates on Monday as new data showed the economy losing steam last month because of renewed Covid lockdowns and a deepening property downturn.
Why this Taiwan crisis is more dangerous than the last one
In the decades since the last Taiwan crisis, China’s rapid military build-up has shifted the balance of power around the island decisively in its favour. Originally published in the Australian …
‘No One Immune’ Amid China Property Turmoil, JPMorgan Says
Chinese developers may report a 30% year-on-year decline in first-half earnings due this month, which will likely weigh on sentiment, according to JPMorgan Chase & Co. analysts.Most Read from …