U.S. and China commercial property markets face headwinds but UOB is optimistic on Southeast Asia

[ad_1] Commercial real estate markets in the U.S. and China are economic pain points to monitor in a higher-for-longer rate environment, said Singapore’s United Overseas Bank. But the bank remains…

CNBC Daily Open: Why did the unemployment rate and jobs rise in tandem?

[ad_1] A hiring sign is pictured at a McDonald’s restaurant in Garden Grove, California on July 8, 2022. Robyn Beck | Afp | Getty Images This report is from today’s…

Hong Kong stocks slide over 2% as property shares sell off; Country Garden drops nearly 15%

[ad_1] An Hour Ago Shares of Country Garden continue to slide after it suspends trading of onshore bonds Shares of Chinese real estate company Country Garden Holdings continued to tumble…

Chinese property stocks surge after central bank vows more support for private businesses

[ad_1] The broader Hang Seng Mainland Properties Index rose as much as 4.76% before paring gains, as Chinese real estate stocks surged on Friday morning. This comes after the People’s…