In the first case of its kind, German prosecutors have seized several apartments belonging to a Russian lawmaker. So far other sanctioned assets have simply been frozen.
12 Dec 2021
Shares in the Chinese property company Kaisa have been suspended from trading in Hong Kong, as fears mount that the firm may be unable to make a $400 million debt payment due on Thursday. Kaisa is a much smaller player than the troubled giant Evergrande, but also has high levels of foreign debt. Also today, we look at how the United Arab Emirates has changed its working week to Monday-Friday to align with other international business hubs.
5 Dec 2021
Since September, the name Evergrande has caused panic on stock exchanges around the world. Paralysed by $300 billion in debt (€260 billion), or the equivalent of 2 percent of Chinese GDP, the country's second-largest real estate developer is now threatening Chinese growth. Evergrande has more than 1,300 construction projects across China, as well as financial products, electric cars, livestock, bottled water and even a football club.
7 Nov 2021
On the face of it, Chinese property developers' debts appear big enough to crash the national economy. But several factors could limit the real estate downturn and the threat of global financial contagion.
9 May 2021
The US will support a proposal to waive IP protections for coronavirus vaccines, Washington's top trade official said. More than 100 countries want the temporary suspension of patents on COVID-19 vaccines.
12 Jan 2021
Rap mogul Sean 'Diddy' Combs has called in the police after one of his Los Angeles homes was burgled.
7 Jan 2021
Kaduna Sex Party: Demolished property had no title, building permit - Govt.
18 Mar 2020
The quiet town of Abule Ado was rocked by a gas explosion on Sunday leaving not less than fifteen people dead. GuardianTV spoke with some victims and bring you the full story behind the devastating accident.
20 Jan 2020
Maina paid N150m cash to purchase property in Abuja-Witness
2 Jan 2020
Property worth millions of naira has been lost to a fire that engulfed a recording studio and phone store in Yenagoa.
31 Mar 2019
Australia’s slumping property and stock markets have driven the biggest decline in household wealth in seven years. Household wealth decreased 2.1 percent in the final three months of last year.
19 Jan 2019
Cracks are starting to show in the U.A.E. banking sector as a property and retail slump take a toll on lenders. While one of the country's smallest banks is being bailed out, problem loans are set to rise this year and lenders are exploring mergers to remain competitive.