Page 10 - Development Institution News Today

China has implemented its most significant reduction in the benchmark mortgage rate in history, in an effort to rejuvenate the struggling property market and stimulate economic growth. The 25-basis point cut to the five-year loan prime rate (LPR) marks a substantial intervention by authorities, signalling a decisive move to address the challenges faced by the real estate sector.

China announced its biggest ever reduction in the benchmark mortgage rate on Tuesday, as authorities sought to prop up the struggling property market and broader economy. The 25-basis... -February 19, 2024 at 11:15 pm EST - MarketScreener

Africa Finance Corporation has held early talks with future sovereign investors including United Arab Emirates, Qatar, and Saudi Arabia as it looks for long-term partners focused on African development.

Amsterdam-based Invest-NL, a Dutch national financing and development institution, announced Dutch Future Fund II (DFF II) with the European Investment Fund.

An exhibition was held in Kingstown earlier today to observe the Caribbean Agricultural Research and Development Institution or CARDI Day.   This country’s representative to CARDI, Donowa Jackson says the aim is to highlight the Institute’s work in St. Vincent and the Grenadines.   Mr. Jackson says several products were on display at today’s exhibition.…

/PRNewswire/ -- Microsure, innovation leader in robot-assisted microsurgery, announced today the successful closing of its Series B2 investment round securing...

This week, China Evergrande Group said its founder and chairman, Hui Ka Yan, is being investigated over suspected "illegal crimes"

World’s most indebted property developer did not say what were the ‘illegal crimes’ for which he was being investigated.

China Evergrande Group's founder is being investigated over suspected "illegal crimes", the embattled developer said on Thursd...

China Evergrande Group: The worlds most indebted property developer with more than $300 billion in total liabilities did not say whether Hui Ka Yan was still in a position to run the company, or what crimes he is being investigated for.