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SHANGHAI -- China on Monday revealed key economic data for the first two months of the year, with some indicators performing better than expected thanks to demand during the Lunar New Year period.
BEIJING — China revealed this week it aims to spend more than a billion dollars to bolster manufacturing and domestic tech in a bid to remain globally competitive, while divulging little new support for the struggling real estate market.
The U.K. looks poised to lead a European real estate resurgence this year as international investors return capital to the region's strained property market.
SHANGHAI -- China's biggest commercial banks are prepared to extend over 130 billion yuan ($18 billion) of financing for real estate projects, new disclosures show, in response to the government's latest call to support the ailing property sector.
TOKYO -- Japanese brewer Sapporo Holdings will consider unloading some of its real estate holdings in central Tokyo as the company seeks to refocus the business on beer making.
HONG KONG -- Hang Lung Properties, one of the largest real estate developers in Hong Kong, announced Tuesday that Chairman Ronnie Chan will retire and hand over the position to his son, Adriel Chan.