Chinese home buyers halt mortgage payments on unfinished projects

BEIJING: Chinese language home buyers in dozens of cities have got stopped making mortgage repayments for unfinished tasks, according to data through industry groups, deteriorating fears of monetary contagion in the state’s troubled real estate field. Professionals launched an attack on excessive financial debt in the property field in 2020,Continue Reading

Man who attacked officers with pepper spray arrested for alleged drug trafficking; weapons seized: CNB

SINGAPORE: A 30-year-old guy was arrested in Bedok on Wed (Jul 13) just for suspected drug trafficking offences after assaulting officers with pepper spray, said the particular Central Narcotics Agency (CNB). The agency added that weapons were seized, along with medicines with an estimated street value of  S$47, 000. TheseContinue Reading

Shanghai issues another rare extreme heat warning

SHANGHAI: For the third time this summer, Shanghai in china issued its maximum alert for severe heat as temperature ranges appeared set to check records in China’s most populous city on Thursday (Jul 14). The city of 25 million residents introduced a red notify, indicating temperatures were expected to riseContinue Reading