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Switzerland’s biggest party has decided that the country only has room for 10 million people — just as businesses struggle to fill vacancies.
China Evergrande Group wiped out international investors, roiled financial markets and left thousands of suppliers in the lurch. Yet it was the developer’s failure to pay households who invested in its wealth management products that may have provided the last straw for Chinese authorities.
Thailand’s capital city will add a third passenger terminal to its biggest airport as the Southeast Asian nation prepares for a surge in tourist arrivals under a visa waiver program for Chinese visitors during the peak holiday season.
PineBridge Investments has turned bullish on China saying the authorities are starting to look more determined to bolster the ailing economy and there are fewer headwinds facing private companies.
UK banks are becoming increasingly cautious about lending for housing development in London, the latest signal that the outlook for the capital’s property market is weakening.
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