The hyperscale data centre will be built in the eastern part of the Seoul metropolitan area, close to the Pangyo Techno Valley, a technology hub known as South Korea’s Silicon Valley

Evergrande Group plans to return land set aside as collateral for a trust loan from CITIC Trust Co to Guangzhou government, so the city could sell it and help CITIC Trust pay out investors

Experts say residents leaving capital cities will put people at greater risk of homelessness without government action

Debt-laden Chinese developer says annual results can't be revealed on March 31 as new audit procedures have been added amid revamp of its operations since second half of last year

Shares of embattled property developer China Evergrande Group were suspended from trading on Monday, ahead of a major repayment due on Wednesday

The China Securities Regulatory Commission said the scope of the REIT pilot program should be expanded

The China property giant, facing more than $300 billion in liabilities, has so far managed to avoid a technical onshore bond default

The country's vast property sector has slumped for months as Beijing's campaign to reduce high debt levels triggered a liquidity crisis at some major property developers

Goldman Sachs estimates the default rate at nearly a quarter of outstanding bonds this year rather than the 5.5% that's been reported.

The Hang Seng Mainland Properties Index surged almost 18% after the Ministry of Finance said it is the wrong time to expand property tax trials.

The magnitude 7.4 quake revived memories of the March 11, 2011 quake and tsunami off Fukushima - commemorated across the country less than a week ago

China Construction Bank, the underwriter, said in a statement on Wednesday Yango did not pay the principal and interest in full on the due date