Real Estate

China's property market woes expected to worsen in 2022

BEIJING: China's property market woes are likely to worsen this year with prices remaining flat and sales and...

Updated 24 May, 2022 02:00pm

Real Estate

China April new home prices fall for the first time since Dec as COVID bites

BEIJING: China’s new-home prices in April fell for the first time month-on-month since December, official data...

Published 18 May, 2022 10:41am

Real Estate

China April property sales post steepest drop since 2010

BEIJING/HONG KONG: China’s property sales in April fell at their fastest pace in at least 12 years as COVID-19...

Published 16 May, 2022 11:36am

Real Estate

Dubai's prime residential properties have seen a price-surge of nearly 60% in 12 months

Emirate has also seen record-breaking 93 ‘ultra-prime home’ sales in 2021

Updated 11 May, 2022 10:43pm

Real Estate

UK annual house price rise eases to 10.8%: Halifax

ONDON: British house prices rose for a tenth consecutive month in April, although the annual rate of growth eased...

Published 06 May, 2022 12:20pm

Real Estate

DAMAC Properties looks to cash in as Dubai embraces cryptocurrency

Luxury real estate developer announces will make it easier for cryptocurrency holders to buy real estate property

Updated 30 Apr, 2022 03:18am

Real Estate

China March new home prices stall again as COVID damps sentiment

BEIJING: Growth in new home prices in China was flat again in March versus the previous month, government data...

Published 15 Apr, 2022 09:48am

Real Estate

Indebted Evergrande to sell $575 million stake in mega-project

BEIJING: Troubled Chinese developer Evergrande on Wednesday said it will sell its stake in an incomplete development...

Published 30 Mar, 2022 10:18am

Real Estate

Debt-ridden Evergrande urges investor ‘caution’ as audit result delayed

HONG KONG: Debt-ridden Chinese property developer giant Evergrande on Tuesday warned investors to “exercise caution”...

Published 22 Mar, 2022 10:47am

Real Estate

China property giant Evergrande suspends share trading again

HONG KONG: Troubled Chinese property developer giant Evergrande and all its units suspended trading in Hong Kong...

Published 21 Mar, 2022 10:42am

Real Estate

Investors cheer China’s pledge to support bruised property sector

HONG KONG: Chinese property shares extended a rally on Thursday as the market cheered pledges by Beijing’s top...

Published 17 Mar, 2022 11:56am

Real Estate

Turkish house sales rise 20% year-on-year in February

ISTANBUL: Turkish house sales rose 20.1% year-on-year in February to 97,587 units, data showed on Tuesday, picking...

Published 15 Mar, 2022 12:33pm

Real Estate

China property shares firm after friendly policy tone

HONG KONG: Shares of Chinese property companies outperformed the broader market on Monday after Premier Li Keqiang...

Published 07 Mar, 2022 12:07pm

Real Estate

China's new home prices perk up as big city demand returns

BEIJING: China's new home prices rose for the first time since September on a monthly basis, official data for...

Published 21 Feb, 2022 10:56am

Real Estate

Chinese developer Shimao shares rise nearly 5% after more asset disposals

HONG KONG: Shares of cash-strapped Shimao Group rose on Monday after the Chinese developer and its chairman sold a...

Published 31 Jan, 2022 12:05pm

Real Estate

Miami's lure during Covid sends housing prices through the roof

MIAMI: Miami resident Maria Ruby learned last month that her rent will shoot up 65 percent in February. She cannot...

Published 30 Jan, 2022 11:30am

Real Estate

China property shares slump as planned US rate hike adds to woes

HONG KONG: China Evergrande Group shares slumped on Thursday after the developer's thinly detailed roadmap for...

Published 27 Jan, 2022 03:33pm

Real Estate

Debt-laden China Evergrande to hold investor call on Wednesday

HONG KONG: China Evergrande Group will hold an investor call at 9 pm (1300 GMT) on Wednesday joined by its financial...

Published 26 Jan, 2022 01:52pm

Real Estate

Cash-strapped Chinese developer Shimao sells stake in asset to state-owned partner

HONG KONG: Chinese property developer Shimao Group joined smaller peer Agile Group to sell its stake in a Guangzhou...

Published 25 Jan, 2022 10:00am

Real Estate

Evergrande seeks more time from offshore creditors for debt restructuring plan

HONG KONG: China Evergrande Group on Monday sought more time from its offshore bondholders to work on a...

Published 24 Jan, 2022 07:44pm

Real Estate

China Evergrande says hiring more advisers to help deal with debt

SHANGHAI/HONG KONG: China Evergrande Group said on Friday that it was hiring more financial and legal advisers to...

Published 21 Jan, 2022 12:05pm

Real Estate

Evergrande's offshore shareholders say to seriously consider enforcement actions

HONG KONG: An ad hoc offshore shareholder group of China Evergrande said on Thursday it has seen no substantive...

Published 20 Jan, 2022 01:12pm

Real Estate

China's 2021 property investment rises 4.4% y/y

BEIJING: China's property investment rose 4.4% in 2021 from a year earlier, slowing from a 6.0% gain seen in the...

Published 17 Jan, 2022 11:48am

Real Estate

Chinese developer Shimao to hold creditor meetings to vote on ABS payment extension

SHANGHAI: Chinese property developer Shimao Group Holdings will hold meetings with investors in two asset-backed...

Published 13 Jan, 2022 12:30pm

Real Estate

China's Shimao says it has no deal to sell Shanghai plaza, shares slump

HONG KONG: Shares of Chinese property developer Shimao Group Holdings fell 5% in early Asian trading on Tuesday ...

Published 11 Jan, 2022 11:17am

Real Estate

China Evergrande moves headquarters from Shenzhen to Guangzhou

SHENZHEN: Cash-strapped property firm China Evergrande Group has left what has been its headquarters in the city of...

Published 10 Jan, 2022 02:16pm

Real Estate

Chinese developer Shimao puts all property projects on sale

SHANGHAI: Shimao Group Holdings has put on sale all of its real estate projects, including both residential and...

Published 10 Jan, 2022 12:17pm

Real Estate

As pressure mounts, China Evergrande seeks delaying onshore bond payment for relief

BEIJING/HONG KONG: China Evergrande Group will hold a meeting with some yuan bondholders on Jan. 7-10 to vote on...

Updated 05 Jan, 2022 11:41am

Real Estate

China Evergrande 2021 sales plunge 39%, shares set to resume

HONG KONG: Embattled property developer China Evergrande Group said on Tuesday its contracted sales for 2021 had...

Published 04 Jan, 2022 10:57am

Real Estate

Troubled Evergrande suspends share trading again

HONG KONG: Embattled Chinese developer giant Evergrande announced Monday it was once again suspending trading of its...

Published 03 Jan, 2022 09:26am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 26 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 26 Al-Abbas Sugar Mills Limited(AABS)	270.00 ▼ 0.00 (0.00%)
Agro Allianz / May 26 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 26 Allied Bank Limited(ABL)	75.50 ▼ 0.00 (0.00%)
Abbott Lab. / May 26 Abbott Laboratories (Pakistan) Limited(ABOT)	640.70 ▼ 0.00 (0.00%)
Abson Ind. / May 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 26 Alfalah Consumer Index ETF.(ACIETF)	9.39 ▼ 0.00 (0.00%)
Attock Cement / May 26 Attock Cement Pakistan Limited(ACPL)	81.46 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 26 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 26 Al-Abbas Sugar Mills Limited(AABS)	270.00 ▼ 0.00 (0.00%)
Agro Allianz / May 26 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 26 Allied Bank Limited(ABL)	75.50 ▼ 0.00 (0.00%)
Abbott Lab. / May 26 Abbott Laboratories (Pakistan) Limited(ABOT)	640.70 ▼ 0.00 (0.00%)
Abson Ind. / May 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 26 Alfalah Consumer Index ETF.(ACIETF)	9.39 ▼ 0.00 (0.00%)
Attock Cement / May 26 Attock Cement Pakistan Limited(ACPL)	81.46 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 24	201.30
USD PKR Interbank Buying / May 24	201.10
USD to Japanese Yen / May 24	126.88
USD to Swiss Franc / May 24	0.96
Pound Sterling to USD / May 24	1.25
Euro to USD / May 24	1.07
UK LIBOR % / May 24	0.82

Stock	Volume
S&P 500 / May 24	3941.48
India Sensex / May 24	54052.61
Tokyo Nikkei / May 24	26748.14
Nasdaq / May 24	11264.45
Hang Seng / May 24	20112.10
FTSE 100 / May 24	7484.35
Dow Jones / May 24	31928.62
Germany DAX 30 / May 24	13919.75
France CAC40 / May 24	6253.14

Item	Value
Crude Oil USD/Barrel / May 24	110.54
Karachi Cotton PKR/37.32 KG / May 24	21180.00
Gold 10 Grams PKR / May 24	118500.00
Gold Spot USD/Ounce / May 24	1866.30
Cotton US¢/pound / May 24	123.78

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