Country Garden shares tumbled to fresh eight-month lows Monday, extending losses on renewed debt fears for the Chinese property sector.Future
China should boost consumption as real estate slump drags on, IMF says
According to the IMF's October update of its World Economic Outlook, China's economy will grow 5% in 2023, a decrease
Housing industry urges Powell and Fed to stop raising interest rates
Workers create new homes for sale on September 22, 2023 in Miami, Florida.Joe Raedle | Getty ImagesTop real estate and
Country Garden says it may not be able to repay debt
Signage at a residential project developed by Country Garden Holdings Co. in Baoding, Hebei province, China, on Tuesday, Aug. 1,
A big AI and robotics idea that has attracted Walmart and Softbank
Symbotic technology in use at a Walmart facility.Courtesy: WalmartVenture-capital giant Softbank notched a $15 billion-plus gain on its 2016 deal
Why more mortgage applications are being rejected based on income
Prospective buyers attend an open house at a home for sale in Larchmont, New York, on Jan. 22, 2023.Tiffany Hagler-Geard
Evergrande rises after trading resumes in Hong Kong
An aerial view of construction sites and new residential developments in the Nanchuan area of Xining, Qinghai province, China.Bloomberg |
Hong Kong stocks fall, dragged down by real estate and energy
An urban view of high-rise buildings at dusk as seen from Hong Kong's Victoria Peak.Nurphoto | Nurphoto | Getty ImagesHong
Evergrande’s chairman suspected of illegal crimes
China Evergrande Group's logo is displayed on a phone screen in this illustration photo taken on September 27, 2021.Jakub Porzycki
Shares of Evergrande suspended amid reports its chairman under surveillance
Shares of Evergrande were suspended on Thursday, Hong Kong's exchange announced. Seen here are residential buildings under construction at the
New home sales fall in August
Sales of newly built homes fell 8.7% in August from July to a seasonally adjusted annualized pace of 675,000 units,
Fixing China’s property sector may take a decade, says Grow Investment
China's urbanization drive may be drawing to a close — and that could further hurt the already ailing property sector,