The town in Australia’s outback, where the temperature can hit 113 degrees Fahrenheit, drew hundreds of global inquiries when it put out the call in a bid to expand its population.
Tag: Real Estate and Housing (Residential)
China Evergrande Makes Payment to Dodge Default, Media Says
The troubled real estate giant faced the threat of default if it didn’t meet its obligations to foreign bondholders by Saturday.
China’s GDP Growth Slows as Property and Energy Take a Toll
Growth of 4.9 percent shows the country’s huge industrial sector has run into trouble. But exports and services are looking strong.
Home Buyers Who Went All In on Evergrande Now Want Out
China Evergrande Group’s financial troubles, and the government policies that helped push it to the brink of collapse, have threatened an important economic driver: home sales.
Home Buyers Who Went All In on Evergrande Now Want Out
China Evergrande Group’s financial troubles, and the government policies that helped push it to the brink of collapse, have threatened an important economic driver: home sales.
China Evergrande’s Shares Are Halted as Doubts Swirl
The property giant, which cited a pending “major transaction,” owes billions. Investors worry that a collapse could hit broader markets.
How China Plans to Avert an Evergrande Financial Crisis
Control of the banking system gives Beijing the tools to stop a broader collapse, officials believe, while censorship and police powers can stifle protests.
Evergrande Crisis Shows Cracks in China’s Property Market
Experts are making increasingly grim predictions about the developer’s ability to hold on without a government bailout, and the consequences of a possible collapse.
Cairo’s Antique Elevators, Glorious and Glitchy, Are Scenes of Love and Fear
For some Cairenes, the city’s geriatric lifts are beautiful marvels. Others consider them frustrating and frightening. Everyone has a story.
China Evergrande Warns of Financial Pressure, Hires Advisers
China Evergrande hired restructuring experts, sending its shares lower and adding to worries about what its fate might mean to the country’s economy.