China's No. 3 Developer Starts Selling Homes Cheap. What Gives?

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China's No. 3 Developer Starts Selling Homes Cheap. What Gives?

Billionaire Hui Ka Yan's China Evergrande Group, the nation's number three by sales last year, has started selling homes cheap. A 12 percent discount will apply to many apartments ahead of a week-long Chinese New Year holiday, the firm said late last week. Sweeteners include down-payments by
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Airbus's Most Important Aircraft Can't Shake Its Teething Problems

The European manufacturer has been forced to suspend some deliveries of its A320neo jet following another issue with the engines supplied by Pratt & Whitney. IndiGo, the Indian low-cost airline that's the plane's biggest customer, on Sunday disclosed three in-flight shutdowns, and said pilots have had
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Singapore May Unveil a Tax on Online Retailers Like Amazon and Lazada

Eight of the 12 economists in a Bloomberg survey said the Feb. 19 budget will contain a new tax on online vendors, with another betting that cross-border digital transactions will now be included in the goods-and-services tax regime. Thailand, Indonesia, and Malaysia — where governments are funding
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The imperative of water accounting in Nigeria

In a short while, precisely on Thursday, March 22, 2018, it will be yet another World Water Day- a day set aside to focus attention on the importance of clean water and sanitation. Nigeria will 'heartily' mark the day as usual even though clean water and sanitation continue to elude us. This should be
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Traders Brace for More Turmoil After Recent Rout: Markets Wrap

Currencies. The Bloomberg Dollar Spot Index fell 0.1 percent Friday. The yen was little changed at 108.85 per dollar. The euro was trading little changed at $1.2246. The British pound was at $1.3819 after sinking 0.6 percent Friday to the weakest in more than three weeks.
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