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HONG KONG: A paper tycoon and his wife are reported to have made Hong Kong’s most expensive luxury property purchase this year, paying HK$1.45 billion ($180 million) for a nine-apartment complex in Repulse Bay.
THE Bukit Bintang City Centre (BBCC) project is on track to finish its first phase by the first quarter of 2021. Occupying about 8ha of land, the project has reached 25% completion of the first phase and the developers hope that the overall completion will be in 2025, as planned.
THE Bukit Bintang City Centre (BBCC) project is looking to hand over the first phase of the project by 2021.
NEW YORK: A rout in Treasuries extended into a second day as global investors priced in stronger US economic growth and a faster pace of rate hikes. Benchmark 10-year yields climbed above 3.2% for the first time since 2011 and the dollar strengthened.
HONG KONG: International investors piled into a rare global bond offering from China, boosting orders to over US$22bil (RM93.1bil), which allowed the issuer to price it at lower spreads than initially indicated on Thursday.