A property tax in China is likely to deter speculators and cool surging home prices that have created an affordability crisis in recent years, analysts say
Group faces $148m in bond payments due on Wednesday and $255m due on Dec 28. Meanwhile, its EV unit says it plans to sell new shares to fund car production.
Australia pledges $132 million to ramp up the rollout of hydrogen refuelling and charging stations for electric vehicles. But critics say it should also offer rebates to push transition from fossil fuels
The Mukesh Ambani-led conglomerate has got out of the shale gas business in the US. But it did not disclose the price at which it sold its assets there.
The meeting between top officials and property developers and lenders came amid intensifying concern over a liquidity crisis in China's real estate sector
Daily coal output hit 11.93 million tonnes last week, a multi-year high as more capacity returned, China's state planner said on Monday, as it tries to fill a supply shortage ahead of winter
The Paytm IPO aims to raise $2.46 billion with shares price at $28-$29, valuing the company at close to $19 billion
Musk's shareholding in Tesla is about 170.5 million shares and offloading 10% would amount to close to $21 billion based on Friday's closing price
Link said it will acquire the interests in the Queen Victoria Building, The Galeries and The Strand Arcade at the heart of Sydney CBD
Guangdong said its two biggest metropolises Guangzhou and Shenzhen must allocate at least 10% of land for rental housing to meet rising demand for homes
Jack Ma is taking his first tentative steps back on to the global stage a year after Beijing abruptly clipped the wings of corporate China's biggest star
TikTok may be best known for dance routines and weird recipes but posts by so-called financial influencers have proved an unexpected hit