Property crisis continues! China South City ordered to liquidate by Hong Kong court; biggest since Evergrande
Monday, 11 August 2025 () China South City, a major Chinese construction firm, faces liquidation following a Hong Kong High Court order, mirroring the Evergrande situation and highlighting the ongoing property sector crisis. Despite restructuring attempts and keepwell deeds from Shenzhen SEZ, the court deemed progress insufficient.
Israeli Prime Minister Benjamin Netanyahu will testify three times a week starting November in his high-profile corruption trial, as the Jerusalem District Court pushes to speed proceedings that began..
Torrential rain has brought Hong Kong to a standstill, with the city issuing a rare Black Rainstorm Warning twice in one day. Streets turned into rivers, residents were trapped in buildings, and..
A ferocious rainstorm has brought Hong Kong to a near standstill, prompting the city to issue its highest “black” rainstorm warning. Torrential downpours turned iconic staircases into waterfalls..