Opinion | Are mainland China and Hong Kong really the weakest links in Asian real estate?

Opinion | Are mainland China and Hong Kong really the weakest links in Asian real estate?

Things are looking up for commercial property investment markets in Asia. Following a sharp slowdown caused by an aggressive global monetary tightening campaign, transaction volumes have recovered significantly this year, rising 28 per cent in annualised terms in the first three quarters of 2024 among countries analysed by property services firm JLL. Last quarter, JLL…

Read More
Australia cancels Lockheed Martin military satellite project

Australia cancels Lockheed Martin military satellite project

SYDNEY (Reuters) – Australia has cancelled a multi-billion dollar military satellite project with Lockheed Martin, with a Department of Defence statement on Monday saying the military will instead shift its focus to a multi-orbit system. Lockheed Martin Australia was announced as the preferred tenderer last year for the Geostationary Earth Orbit (GEO) satellite communications system,…

Read More
China hails mineral finds amid push for security of supply chain, energy and nation

China hails mineral finds amid push for security of supply chain, energy and nation

China has reported “prominent results” in its hunt for green-energy minerals, with the Ministry of Natural Resources saying new deposits of the resources deemed crucial for national security had been discovered. Among those at the top of the list released by the ministry last week were gold, copper, molybdenum, phosphorite and fluorite – minerals important…

Read More
Caixin China PMI; Australia PPI

Caixin China PMI; Australia PPI

SHANGHAI, CHINA – MARCH 01: Skyscrapers stand at the Pudong Lujiazui Financial District on March 1, 2022 in Shanghai, China. Xiao Yang | Visual China Group | Getty Images Asia-Pacific markets were largely lower Friday, after Wall Street benchmarks Nasdaq Composite and S&P 500 suffered their worst day in nearly two months on downbeat Microsoft…

Read More