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PROPERTY CRISIS IN CHINA
China's new home prices fall faster in May as property slump persists despite big-city resilienceChina's new home prices saw a 0.2% dip in May from April, marking a steeper decline and a 3.5% year-on-year fall. While larger cities show ...- China learns to live on less fuel, to the relief of oil marketsChina's fuel demand has unexpectedly dropped significantly, with gasoline and diesel sales falling as consumers shift to electric vehicles ...
- OECD warns prolonged Middle East war could sharply slow global growthThe global economy faces uncertainty due to the Middle East conflict. The OECD warns of recession and rising inflation if the war continues...
- China luxury market trends: Why consumers are shifting to frugal and online shoppingWhen Beijinger Jacqueline Li first heard one of her favourite luxury department stores in the city was closing, she was shocked -- until sh...
- Top cases on the United States Supreme Court's docketThe U.S. Supreme Court is reviewing significant cases. These cases cover voting rights, presidential authority, immigration policies, and g...
- Baidu results beat estimates as AI cloud surge offsets ad slumpBaidu has announced strong quarterly results, surpassing market expectations. The company's cloud computing services showed significant gro...
- Trump vows to push Xi to 'open up' China at superpower summitPresident Donald Trump travels to Beijing for talks with President Xi Jinping. He promises persuading China to open up to American business...
- Missiles over Dubai rattle the Gulf’s billion-dollar money machineThe Gulf's image as a safe financial haven is under strain as regional conflicts disrupt deals and deter investors. Once booming IPO market...
- Iran war could make Trump's trip to China a bit chillier than his first-term visitPresident Donald Trump is set to visit China soon. He has previously praised Chinese leader Xi Jinping. However, trade disputes and China's...
- Gen Z conspiracy: China thinks the West is pushing its youth to quitIn a cultural shift, many young Chinese individuals are opting for 'lying flat'—a lifestyle choice that rejects pressures of constant work ...
- China’s property prices crash to 2005 levels: Could India face a similar housing slump?China's property market faces a prolonged downturn, with prices hitting near two-decade lows, sparking fears of a similar correction in Ind...
- No immunity for terror hubs: Rajnath Singh at SCO meetIndia's Defence Minister Rajnath Singh declared at a Shanghai Cooperation Organisation summit that terrorism hubs will face consequences. H...
- After tariff wars, Trump is opening a new front in US-China rivalryThe US accuses China of stealing AI intellectual property, escalating the tech rivalry beyond tariffs. This move, potentially impacting chi...
- China says economy grew 5% on-year in Q1, beating forecastsChina's economic growth topped expectations in the first quarter of the year, official data showed Thursday, even as the global economy ree...
- China reportedly drops rules that sparked property crisis, developer shares surgeChinese property developers are no longer required to report monthly data related to the country's "three red lines" policy, local media sa...
- China allocates billions of dollars to bailout its crisis-hit property sectorChina has taken decisive measures to tackle the crisis in its property sector, which has been a crucial driver of its economic growth. The ...
- Everything China is doing to juice its flagging economyChina is implementing measures to revive its economy and improve the business environment. The government's focus is on encouraging consume...
- China property sector default woes deepen amid Evergrande uncertaintyEvergrande requested a halt in the trading of its shares pending an announcement about a major deal. Evergrande Property Services Group als...
- China Evergrande to raise $5 billion from property unit sale: Global TimesThe possible deal seemed to rekindle broader concerns about the risk of contagion or of a hit to China's property sector and the broader ec...
- Evergrande: Xi is hemmed in; China’s capitalism is as debt-fuelled as West’s, and as difficult to reformFor much of this year commentators have been warning that falling yields suggest the bond market is increasingly irrational, out of touch w...
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