HONG KONG: Doctors appointed by the trustees of China Evergrande Group are investigating some of the house company’s service providers including its original accountant PricewaterhouseCoopers, to likely recoup losses for creditors, three sources said. Evergrande, after China’s largest property developer, was ordered to be liquidated by a Hong Kong judgeContinue Reading
Tokyo: According to the government, Japan needs to see an increase in electricity output of 35 % to 50 % by 2050 as a result of the country’s growing demand for semiconductor factories and data centers that support artificial intelligence ( AI ). To meet demand as Japan establishes moreContinue Reading
BEIJING: China’s eastern metropolis of Hangzhou, among the country’s most thriving cities, on Thursday ( May 9 ) said it would lift all home purchase restrictions to shore up its real estate market, raising the prospect of other cities following suit. As of May 9, Hangzhou’s state will no longerContinue Reading