By Saeed Azhar NEW YORK (Reuters) – The Chinese government’s support of banks hit by property woes will enable it to avert a financial crisis like the one in 2008 …
Property
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(Reuters) – Moody’s on Thursday cut China’s crisis-hit property sector’s outlook to negative from stable, citing economic growth challenges the ratings agency said would dampen sales despite government support. Moody’s …
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By Matt Tracy (Reuters) – Chicago’s commercial real estate sector loans, within certain securities, had the highest distress or delinquency rate in August among the top 20 U.S. metro cities, …
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By Xie Yu and Selena Li HONG KONG (Reuters) -HSBC Holdings will raise its mortgage rates in Hong Kong by a maximum of 50 basis points, a spokesperson for the …
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A look at the day ahead in European and global markets from Kevin Buckland A light calendar for Europe today means markets are likely to take their cues from Asia, …
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By Julie Zhu and Jane Xu HONG KONG (Reuters) – China is set to take further action including relaxing home-purchase restrictions as it scrambles to tackle a deepening crisis in …
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BEIJING (Reuters) – Major Chinese cities have said they will allow people to take preferential loans for first-home purchases regardless of their credit records, in the latest move to help …
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BEIJING (Reuters) -China’s cabinet on Friday approved guidelines for planning and construction of affordable housing at a meeting chaired by Premier Li Qiang, state media Xinhua news agency reported. The …
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OCEAN CITY, MD – The Ocean City Police Department is investigating a property destruction incident that occurred in the early morning of Thursday. Multiple individuals were observed damaging several vehicles …
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By Danilo Masoni MILAN (Reuters) – It’s hard to be bullish about real estate in an environment of sharply higher interest rates. Yet unloved property stocks in Europe staged a …
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JACKSON, NJ – Jackson Township Councilman Marty Flemming, owner of County Line Hardware, and a member of the Jackson Township Planning Board, was forced to recuse himself on a hearing …
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TAIPEI (Reuters) – Taiwan’s top financial regulator has no plan to impose strengthened risk control rules for Taiwan banks and insurers exposed to the Chinese real estate market due to …
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A look at the day ahead in European and global markets from Kevin Buckland China continues to set the mood for markets, and the tone is unswervingly sombre. Property boom …
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Trump-Appointed Judge Declines To Block Florida Law Banning Chinese Nationals From Owning Property Katelynn Richardson on August 17, 2023 A federal judge in Florida declined Thursday to block the state’s …
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By Marc Jones LONDON (Reuters) -JPMorgan ramped up its 2023 global emerging market corporate high yield (HY) default rate forecast to 9.7% from 6% on Tuesday following the latest wave …
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BEIJING (Reuters) – There is no deflation in China and there will be no deflation in the future, a spokesman of China’s statistics bureau said on Tuesday. China’s economic recovery …
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A look at the day ahead in European and global markets from Wayne Cole. It’s been a nervy start to the week in Asia as concerns about China’s debt-laden property …
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By Tom Sims FRANKFURT (Reuters) – A Munich-based property developer said on Friday it had filed to open insolvency proceedings with a local court, in the latest sign of stress …
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By Liangping Gao, Ella Cao and Marius Zaharia BEIJING/HONG KONG (Reuters) – Shanghai businesswoman Kate Ren might have hoped that after Chinese leaders removed the slogan “houses are for living, …
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By Li Gu and Summer Zhen SHANGHAI/HONG KONG (Reuters) – Investors betting on recovery in China’s battered property sector are favouring the stocks and bonds of state-backed firms that are …
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BEIJING (Reuters) – China’s Zhengzhou city has launched measures to support its property market, including easing home resale restrictions, in what analysts said were the first such moves by a …
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CHAMBERSBURG, PA – On Tuesday, Chambersburg Police Department officers responded to a dispute between tenant Kennedee Waulk-Durfee and two property managers on the 2800 block of Orchard Dr. While officers …
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(Reuters) – Evergrande Property Services Group Ltd said on Wednesday it had applied to the Hong Kong Stock Exchange to resume trading of the company’s shares from Aug. 3. Shares …
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BEIJING (Reuters) – China will lower financing costs for firms, stabilise market expectations and support the property sector in coming months, the central bank said on Tuesday amid a flagging …
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By Tom Sims FRANKFURT (Reuters) – Germany’s property sector is under stress, prompting firms to call for government support, property developers to file for insolvency and share prices of landlords …