Real Estate
HSBC Sees 26% Profit Drop to $15.8B Due to China and Real Estate Challenges
HSBC Holdings reports a 26% decline in profit, largely due to losses in China and deteriorating real estate conditions in Hong Kong. CEO Georges Elhedery outlines strategic shifts to navigate the tough economic landscape.
Real Estate
China's Real Estate Sector: Navigating a Downward Spiral
The National Bureau of Statistics of China recently released data on real estate prices, indicating a significant decline in both new and second-hand building prices across most of the 70 cities surveyed. This trend points to an unstable real estate market, influenced by economic and political uncertainties.
real estate news
America's Strategic Plan to Outpace China in the AI Race
In an exclusive HT Podcast video interview, Vivek Chilukuri of the Center for a New American Security discusses former President Donald Trump’s newly announced AI Action Plan, which aims to assert U.S. dominance in the global AI landscape.
Real Estate Mumbai
Mumbai Ahmedabad Bullet Train Delayed as TBM Machines Stuck at Chinese Port
The Mumbai Ahmedabad High-Speed Rail (MAHSR) project faces a critical delay as three Tunnel Boring Machines (TBMs) remain stranded at a Chinese port, raising concerns over the project's timeline and highlighting geopolitical tensions.
Real Estate Mumbai
China’s Bullet Train Network Surges Ahead as India’s Mumbai-Ahmedabad Project Gains Momentum
China's high-speed rail network, the world's largest, has revolutionized domestic travel. Meanwhile, India's first bullet train project, the Mumbai-Ahmedabad High-Speed Rail (MAHSR), is making steady progress despite initial delays.
Real Estate
India's Pharmaceutical Industry Gains Global Ground Amid US-China Tensions
Indian pharmaceutical firms are making strategic international acquisitions and investing in advanced drug development, capitalizing on the global push for nearshoring and diversification away from China.