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UK billionaire Jeremy Grantham is warning of an US 'superbubble'. Australia is far from immune, with massive government stimulus spending inflating share and real estate prices.
A crisis engulfing China’s property sector is affecting its biggest developer, with Country Garden Holdings Co’s (碧桂園) shares and bonds hammered amid fears that a reportedly failed fundraising effort might be a harbinger of waning confidence. Country Garden is one of the few remaining large, better-quality private developers that had been largely unscathed by the liquidity crunch, even as peers, such as Shimao Group Holdings Ltd (世茂集團), saw dramatic reversals in their credit ratings. The firm is viewed as a bellwether for contagion risk, as unprecedented levels of stress in t...
Before resuming trading on Jan. 4, China's troubled real estate giant Evergrande Group issued a notice disclosing a ...
The implementation of the plan involves a low-carbon transformation of the city, as well as solving the problem of its solid waste pollution, authorities said in a statement
Juwai IQI, which markets real estate to wealthy investors across Asia, is expecting Chinese investors to take more interest in Australia as Evergrande's debt woes cause a China downturn.