News

CHINA-HONG KONG-ECONOMY-PROPERTY-EVERGRANDE

China Rolls Out New Property Relief Measures Following Evergrande’s Liquidation

Beijing rolled out a new loan worth $46 million to a state-backed development in a bid to support real estate companies eligible for credit, debit, and equity financing.
Southern California Hit By Second Atmospheric River

Insurance Companies Leaving Fire- And Flood-Prone California

A total of 3.2 million acres of land in California burned due to the wildfires between 2021 and 2023.
US-HOUSING-RATES

First-Time Homebuyers Are Being Priced Out of the Housing Market: Analyst

Home prices increased by 5% in 2023 and 50% over the past four years. It is virtually impossible for first-time buyers to purchase a home amid soaring house prices and mortgage rates, according to an analyst.