China plans to set up real estate fund worth up to $44 bln – REDD

The Evergrande Center of China Evergrande Group is seen amid other buildings in Shanghai, China, September 24, 2021. REUTERS/Aly Song Register now for FREE unlimited access to Register HONG KONG, July 25 (Reuters) – China is planning to set up a real estate fund that could be worth up to 300 billion yuan ($44.39 … Read more

China’s Henan bank customers face harassment, job loss over protests

SHANGHAI, July 12 (Reuters) – A woman who was injured on Sunday when a protest by roughly 1,000 bank customers in central China was violently broken up by security personnel said she continues to face harassment. Still bearing bruises from kicks to her front and back, the 32-year-old woman surnamed Geng said she was awoken … Read more

Sri Lanka raises rates, targets inflation despite contraction in economy

People walk past the main entrance of the Sri Lanka’s Central Bank in Colombo, Sri Lanka March 24, 2017. REUTERS/Dinuka Liyanawatte Register now for FREE unlimited access to Register COLOMBO, July 7 (Reuters) – Sri Lanka’s central bank raised key interest rates to the highest in two decades on Thursday to bring down record … Read more