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Real Estate
U.K. house prices up 0.7% in Jan – Nationwide
U.K. house prices experienced a greater increase than predicted this month due to lower borrowing costs, which…
Chinese cities ease home purchase limits
Two of China's major cities Suzhou and Shanghai ease home purchase limits to boost sales, in an attempt to enhance…
China’s manufacturing activity shrinks – PMI
The Purchasing Managers’ Index (PMI) in China rose slightly in January to reach 49.2 from 49.0 in December, an…
China’s 10-yr bond yield falls to 2.47%
China’s 10-year government bond yield dropped to 2.47 per cent, hitting its lowest level in nearly 22 years on rate…
H. Kong court orders Evergrande to liquidate
Chinese developer Evergrande has been ordered to liquidate by a Hong Kong court following a failed effort to…
China’s Evergrande faces winding-up petition in H. Kong court
China Evergrande Group will appear once again in Hong Kong court on Monday in an attempt to avoid liquidation,…
China’s property sector struggles, Country Garden to sell $530 mln in assets
China’s property market slump is getting worse as Country Garden, the largest private property developer in China,…
China growth to slow to 4.6% in ’24 – poll
China's economic growth is expected to slow this year to reach 4.6 per cent, and improve in 2025 to record 4.5 per…
Schneider Electric, LMD sign MoU for sustainable solutions
French industrial group Schneider Electric and Egyptian real estate developer LMD signed a memorandum of…
Egypt’s Palm Hills signs hotel deal with Marriott International
Egypt’s Palm Hills Development Company signed a new hotel deal in Cairo with US Marriott International hotel chain,…