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Tag: property sector

Debt, fraud, suicide: South Koreans hit by real estate scams
Economy

Debt, fraud, suicide: South Koreans hit by real estate scams

May 28, 2024May 28, 2024

Park Hyeon-su lived in a windowless micro-apartment in Seoul for a decade, working double shifts and saving each penny for a deposit on a stunning

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Turkish house sales fall to 9-year low in 2023 as rate hikes bite
Economy

Turkish house sales fall to 9-year low in 2023 as rate hikes bite

January 19, 2024January 19, 2024

House gross sales in Türkiye in 2023 fell to the bottom stage within the final 9 years, official information confirmed Friday, as rising rates of

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Soaring debt spurs Moody’s to downgrade China credit outlook to negative
Business

Soaring debt spurs Moody’s to downgrade China credit outlook to negative

December 9, 2023December 9, 2023

The score company Moody’s downgraded the outlook on China’s credit standing to “negative” from “stable” Tuesday as a consequence of hovering debt on this planet’s

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Default fears send Chinese property giant Country Garden’s shares diving
Economy

Default fears send Chinese property giant Country Garden’s shares diving

August 14, 2023August 14, 2023

China’s closely indebted actual property sector got here underneath the highlight once more on Monday as shares in Country Garden plunged after the property big

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Russians propel Turkish house sales to foreigners to record in 2022
Economy

Russians propel Turkish house sales to foreigners to record in 2022

January 17, 2023January 17, 2023

Russians tripled their residence purchases in Türkiye in 2022, making them the highest international patrons in the actual property market, in a drive prompted by

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Growth in 2022 likely to mark China’s weakest in 40 years
Economy

Growth in 2022 likely to mark China’s weakest in 40 years

January 15, 2023January 15, 2023

China has possible seen its weakest financial progress in 4 many years in 2022 after the dual crises of the pandemic and property woes, analysts

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Embattled China Evergrande pledges to repay debt in ‘key’ 2023
Economy

Embattled China Evergrande pledges to repay debt in ‘key’ 2023

January 3, 2023January 3, 2023

The China Evergrande Group has pledged to repay its debt in 2023, a yr its chairperson dubbed essential for the property large, which faces a

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Homes for rent: Investors’ new market in Central Europe
Economy

Homes for rent: Investors’ new market in Central Europe

December 23, 2022December 23, 2022

As dwelling possession is being put out of attain for a rising variety of folks in rising Europe amid rising rates of interest and restricted

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