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China's new home prices rose for the fourth straight month in April but at a slower pace, official data showed on Wednesday, as government efforts to stabilise the sector lifted sentiment after the country's abrupt exit from COVID curbs late last year. ....
Pham Nhat Vuong is arriving in the United States in so-so 2021 style. Vietnam’s richest man is taking his electric-vehicle company, VinFast, public at a punchy valuation through a merger with casino mogul Lawrence Ho’s special-purpose acquisition company. It values the group at $27 billion and secures it a listing in the U.S. where the money-losing entity wants to sell more vehicles. But it needs funding to grow too, and the inflated deal doesn’t help much. ....
Japan's SoftBank Group Corp on Friday posted a sharply narrower annual loss after a capital raise using its stake in Alibaba Group Holding Ltd helped cushion investment loss at its Vision Fund investing arm. ....
Emaar Properties , Dubai's biggest listed real estate company, on Thursday reported a better than expected 43% jump in first-quarter net profit on higher group property sales. ....
Thailand's political parties have nominated prime ministerial candidates ahead of a May 14 election, which will showcase a long-running battle between the billionaire Shinawatra family and parties backed by a conservative pro-military establishment. ....