Beijing/Hong Kong :China is working on new measures to support the property market after existing policies failed to sustain a rebound in the sector, Bloomberg News reported on Friday, citing people familiar with the matter.Regulators are considering reducing downpayments in some non-core neighborhoods of maj
Beijing/Hong Kong :China is working on new measures to support the property market after existing policies failed to sustain a rebound in the sector, Bloomberg News reported on Friday, citing people familiar with the matter.
Policymakers have rolled out measures since the second half of 2022 to stabilise the property market that has been further boosted by the lifting of tough COVID curbs in December. The central bank outlined 16 measures of policy support, including loan repayment extensions, in November.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China mulls new property-market support package to boost economy - Bloomberg NewsChina is working on new measures to support the property market after existing policies failed to sustain a rebound in the sector, Bloomberg News reported on Friday, citing people familiar with the matter.
Read more »
Apollo, Bain, possible bidders for Fujitsu's $2.7 billion stake in Shinko - Bloomberg NewsFujitsu Ltd's controlling stake in Shinko Electric Industries Co has attracted interests from Apollo Global Management Inc and Bain Capital as potential bidders, Bloomberg News reported on Wednesday.Dai Nippon Printing Co, Japan Investment Corp and KKR & Co have also expressed interest in the stake, the r
Read more »
China venture fundraising heading for weakest first half in 8 yearsBEIJING/HONG KONG : China-focused venture capital fundraising is heading for its weakest first half year in at least eight years, data from researcher Preqin showed, as a teetering economic recovery and Sino-U.S. tensions unsettle investors and startups.Concern about the impact of a weak business environm
Read more »
China's Henan plans 'zero-dynamic' end to youth unemploymentConcern has grown over record levels of joblessness among young adults. Read more at straitstimes.com.
Read more »
China AI startup MiniMax raising over $250 million from Tencent-backed entity, others - sourcesBEIJING/HONG KONG : Chinese startup MiniMax, working on AI solutions similar to that of Microsoft-backed OpenAI's ChatGPT, is close to completing a fundraising of more than $250 million that will value it at about $1.2 billion, people familiar with the matter said. The deal comes amid a global AI buzz kic
Read more »