GUIYANG: Southwest China’s Guizhou Province Thursday started construction of 11 expressways totalling over 1,000 km, or 18 percent of the current expressway length in the province. The expressways will mainly… Read more »
BEIJING:“China-standard” bullet trains, or electric multiple unit (EMU) trains, are ready for mass production and commercial operation, according to the National Railway Administration (NRA). Two China-standard EMU trains, the Golden… Read more »
JAMSHEDPUR (INDIA): Private steel major Tata Steel has expressed confidence that the situation would be back to normal in the next quarter after the company’s performance was impacted temporarily in… Read more »
NEW DELHI (INDIA): State-run Hudco has filed draft papers with capital markets regulator Securities and Exchange Board of India (SEBI) to raise funds through an initial share sale as part… Read more »
By Wayne Cole SYDNEY: Australian home prices boasted their biggest increase last year since 2009 as December ended on a high note for the red-hot markets of Sydney and Melbourne…. Read more »
MUMBAI (INDIA): Taking cue from banks, country’s largest mortgage lender HDFC has reduced its home loan rates by up to 0.45 per cent. Loans up to Rs 75 lakh will… Read more »
WASHINGTON: US builders boosted spending on construction projects for a second straight month in November, pushing activity to the highest level in more than a decade. Construction spending rose 0.9… Read more »
By: Engen Tham SHANGHAI: China’s insurance regulator launched new rules on Tuesday to curb the risks associated with property insurance products, it said in a notice on its official website…. Read more »
By: Donny Kwok | Clare Jim HONG KONG: China Evergrande Group said it would sell 13.16 percent of the enlarged shares in a property subsidiary to eight investors for a… Read more »
NEW DELHI (INDIA): Mortgage firm DHFL today reduced its home loan lending rates by 0.5 per cent in line with competitors. Following the reduction, rates on home loan for various… Read more »