Showing 1 - 10 of 17
New York's Waldorf Astoria Finds Rocky Path to Condo Conversion
Business, Published on 04/05/2022
» New York's famed Waldorf Astoria hotel is struggling to complete its plan for converting hundreds of guest rooms into luxury residences, a process that is shaping up as one of the largest, most intricate and priciest condo conversion and hotel rebuild projects undertaken.
Can China bring financial risk to heel?
Asia focus, Published on 02/04/2018
» Over the past decade, Western media have reported continuously on growing financial risk in China, with dire warnings of impending crisis. In recent months, Chinese financial authorities have joined in the chorus.
China to merge banking, insurance regulators in massive overhaul
AFP, Published on 13/03/2018
» BEIJING: China unveiled plans on Tuesday for the biggest shakeup of government in recent years, including the merger of its banking and insurance regulators to better handle financial risks as leaders look to address concerns over a growing debt pile.
China takes over Anbang Insurance
AFP, Published on 23/02/2018
» BEIJING: China took over Anbang Insurance Group for a year on Friday and said its former chairman faces prosecution for "economic crimes" as the government stepped up its battle against corruption and excessive corporate debt.
China takes over Anbang Insurance, prosecutes ex-chair
AFP, Published on 23/02/2018
» BEIJING - China took over Anbang Insurance Group for a year on Friday and said its former chairman faces prosecution for "economic crimes" as the government stepped up its battle against corruption and excessive corporate debt.
Chinese likely to pour more money into Thai properties
Published on 01/02/2017
» Chinese institutional investors will likely play a bigger role in the Thai property market despite limited activity over the past few years, according to JLL, a professional services firm specialising in real estate.
Chinese group buys 25% stake in Hilton
Business, Reuters, Published on 26/10/2016
» China's aviation and shipping giant HNA Group Co Ltd extended its push into hotels and Chinese tourism on Monday, paying $6.5 billion to buy a 25% stake in Hilton Worldwide Holdings Inc from biggest shareholder Blackstone Group LP.
Chinese pouring billions into US real estate: study
AFP, Published on 16/05/2016
» WASHINGTON - Chinese nationals became the largest foreign buyers of US homes last year as they pour billions into American real estate, seeking safe offshore assets, according to a new study.
China's Anbang drops bid for Starwood Hotels: reports
AFP, Published on 01/04/2016
» NEW YORK - China's Anbang has told Starwood Hotels & Resorts Worldwide that it is withdrawing its proposed $14 billion takeover offer, US media reported Thursday, citing people familiar with the situation.
Starwood weighs improved takeover bid from China's Anbang
AFP, Published on 28/03/2016
» NEW YORK - Starwood Hotels & Resorts said Monday it was weighing an improved takeover bid from a group led by Chinese insurer Anbang rivaling its agreed deal with Marriott International.