Chinese cities ease mortgage rules to revive property sector
BEIJING Major Chinese cities have said they will allow people to take preferential loans for first-home purchases regardless
2023-08-31 22:53
China's biggest homebuilder is fighting for its life. Here's what you need to know about the real estate crisis
Just a few months ago, Country Garden was the biggest property developer in China, with more than 3,000 developments spanning the country.
2023-08-31 20:48
China developer Vanke sees pressure on profit amid market downturn
HONG KONG Chinese state-backed property developer China Vanke said its profit would be under pressure in the short
2023-08-31 19:23
Special Report-Inside the downfall of embattled property developer China Evergrande
By Engen Tham, Julie Zhu and Clare Jim SHANGHAI/HONG KONG - In the beginning, Hui Ka Yan followed a simple
2023-08-31 18:49
India's Adani Group stung by fresh controversy
A new report has alleged that the conglomerate used "opaque" funds in Mauritius to manipulate stock prices.
2023-08-31 18:29
Germany home prices to fall in 2023 but rents to keep rising - Reuters poll
By Indradip Ghosh BENGALURU Home prices in Germany will fall by more than 5% this year and stagnate
2023-08-31 18:25
South Africa producer inflation slows to 2.7% y/y in July
JOHANNESBURG South Africa's producer inflation slowed to 2.7% year on year in July from 4.8% in June, statistics
2023-08-31 17:58
UBS to cut 3,000 jobs after Credit Suisse takeover
The Swiss bank reports bumper profits following the rescue of its rival but staff face redundancies.
2023-08-31 17:15
Investors call on ISS to overhaul its net-zero proxy advice
By Tommy Wilkes and Simon Jessop LONDON More than 30 investors have called on proxy advisor ISS to
2023-08-31 14:53
UBS reports second-quarter profit of $28.875 billion
ZURICH UBS Group on Thursday reported $28.875 billion in net profit attributable to shareholders for the second quarter,
2023-08-31 12:50
Country Garden: Debt crisis-hit China property giant in record loss
Country Garden reported a record $6.7bn loss for the first six months of the year.
2023-08-31 11:25
Country Garden faces key test as onshore bondholders set to vote on extension
HONG KONG Embattled Chinese property developer Country Garden faces a critical test of investor confidence on Thursday, with
2023-08-31 10:22