China's New Home Sales Drop Again as Property Sector Concerns Resurface
New home transactions at China's 100 largest property developers dropped 11.4% to 317.57 billion yuan from a year earlier, or about $43.76 billion, according to data released by China Real Estate ...
China Property Pain Worsens With Sales Slump, Vanke Loss
The world’s second-largest economy has yet to find a floor for its slumping property market, as new-home sales resumed their ...
Why China Can’t Sort Out Its Property Market Mess
Once one of the country’s biggest growth drivers, China’s property market has been in a downward spiral for five years with ...
Cryptopolitan4d
China’s fragmented tech rally woes deepens as new home sales decline piles on struggling economy
China’s economic woes look to have intensified as new home sales decline, adding a new strain on an already struggling economy. Notably, the struggles have ...
No respite in sight for top Chinese developers as profits continue to slump
China Overseas Land & Investment’s profit sank 40 per cent to 15.6 billion yuan, while Country Garden trimmed its loss to ...
The Manila Times5d
Chinese steelmaker posts nearly $1B loss
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.
China property giant Vanke reports annual loss of $6.8 bn
Debt-laden Chinese property giant Vanke reported annual losses of 49.5 billion yuan on March 31, citing falling sales and ...
ASX wipes $42b on tariff fears; gold tops $US3100
ASX plummets in broad sell-off; gold at new highs; long-time WiseTech chair rejoins board; Todd Sampson exits Qantas; Domain ...