Debt-laden Chinese property giant Vanke reported annual losses of 49.5 billion yuan ($6.8 billion) on Monday, citing falling ...

World number-three steelmaker Angang Steel lost nearly $1 billion last year, it said in a stock exchange filing, as the Chinese giant was hit by domestic overcapacity and poor demand.

Vanke, a major Chinese property developer, reported a substantial $6.8 billion loss in 2024 due to falling sales and ...

China’s residential sales fell again in March, suggesting the recovery in the property sector remains frail. The value of new ...

China Overseas Land & Investment’s profit sank 40 per cent to 15.6 billion yuan, while Country Garden trimmed its loss to ...

This year's Government Work Report, for the first time, proposed stabilizing the real estate market, showcasing China's ...

ASX plummets in broad sell-off; gold at new highs; long-time WiseTech chair rejoins board; Todd Sampson exits Qantas; Domain ...

Find insight on Canada Mortgage and Housing Corp., Assicurazioni Generali, Westpac and more in the latest Market Talks ...

For struggling property giants seeking any indications of a turnaround in China’s prolonged real estate crisis ... overbuilt during the property market’s boom days, encouraged by local ...

Bank of China Ltd. reported a 2.6% increase in full-year profit as a drop in impairments helped offset pressure from falling ...

As the real estate market continues to face a downturn, officials have moved swiftly to help stabilize the industry, a crucial part of the Chinese economy. Monday's announcement from the PBC and ...

CGS’ top line may rebound strongly in the next few years as the China real estate market recovers and homeowner ... human capital management, given the losses of key personnel to close peers ...