* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Monday, September 29, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Danielle Fishel Explains Why Being on “DWTS” Makes Her Feel ‘Like It’s 1994 Again’ Filming “Boy Meets World” (Exclusive) – Yahoo

    Danielle Fishel Explains Why Being on “DWTS” Makes Her Feel ‘Like It’s 1994 Again’ Filming “Boy Meets World” (Exclusive) – Yahoo

    Jussie Smollett Claims He Was ‘Disrespected’ on the ‘Special Forces’ Season Premiere – Yahoo

    Jussie Smollett Opens Up About Feeling ‘Disrespected’ During the ‘Special Forces’ Season Premiere

    TicketSmarter Fall Entertainment Guide – Eastern Illinois University Athletics

    TicketSmarter Fall Entertainment Guide – Eastern Illinois University Athletics

    Cardi B Adds More Dates to Little Miss Drama Tour: ‘Y’all Making Me Work’ – Yahoo

    Cardi B Extends Little Miss Drama Tour: “Y’all Making Me Work

    ‘Today’: Sheinelle Jones Thanks Katie Couric for Support After Husband’s Death – CBS 19 News

    Sheinelle Jones Expresses Heartfelt Thanks to Katie Couric for Support After Husband’s Passing

    Sate your hunger at DBA’s Taste of Downtown – Bakersfield.com

    Indulge Your Cravings at DBA’s Taste of Downtown!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Virginia Tech hosts annual New Music + Technology Festival this week – Cardinal News

    Virginia Tech Kicks Off Exciting Annual New Music and Technology Festival This Week

    Why I gave the world wide web away for free | Tim Berners-Lee – The Guardian

    Why I Decided to Make the World Wide Web Free for Everyone | Tim Berners-Lee

    From shale to steam: Fossil fuel technology boosts clean geothermal energy – Washington Examiner

    From Shale to Steam: How Fossil Fuel Technology is Powering a Clean Geothermal Energy Revolution

    How Sustainable Technology is Shaping a Greener Future – Technology Magazine

    How Sustainable Technology is Driving the Revolution Toward a Greener Future

    Aurora police hope to add facial recognition technology to crime-fighting tools – CBS News

    Aurora Police Aim to Boost Crime-Fighting with New Facial Recognition Technology

    Autonomous Solutions shows off cutting-edge technology for the public – Cache Valley Daily

    Autonomous Solutions Unveils Cutting-Edge Technology for the Public

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Danielle Fishel Explains Why Being on “DWTS” Makes Her Feel ‘Like It’s 1994 Again’ Filming “Boy Meets World” (Exclusive) – Yahoo

    Danielle Fishel Explains Why Being on “DWTS” Makes Her Feel ‘Like It’s 1994 Again’ Filming “Boy Meets World” (Exclusive) – Yahoo

    Jussie Smollett Claims He Was ‘Disrespected’ on the ‘Special Forces’ Season Premiere – Yahoo

    Jussie Smollett Opens Up About Feeling ‘Disrespected’ During the ‘Special Forces’ Season Premiere

    TicketSmarter Fall Entertainment Guide – Eastern Illinois University Athletics

    TicketSmarter Fall Entertainment Guide – Eastern Illinois University Athletics

    Cardi B Adds More Dates to Little Miss Drama Tour: ‘Y’all Making Me Work’ – Yahoo

    Cardi B Extends Little Miss Drama Tour: “Y’all Making Me Work

    ‘Today’: Sheinelle Jones Thanks Katie Couric for Support After Husband’s Death – CBS 19 News

    Sheinelle Jones Expresses Heartfelt Thanks to Katie Couric for Support After Husband’s Passing

    Sate your hunger at DBA’s Taste of Downtown – Bakersfield.com

    Indulge Your Cravings at DBA’s Taste of Downtown!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Virginia Tech hosts annual New Music + Technology Festival this week – Cardinal News

    Virginia Tech Kicks Off Exciting Annual New Music and Technology Festival This Week

    Why I gave the world wide web away for free | Tim Berners-Lee – The Guardian

    Why I Decided to Make the World Wide Web Free for Everyone | Tim Berners-Lee

    From shale to steam: Fossil fuel technology boosts clean geothermal energy – Washington Examiner

    From Shale to Steam: How Fossil Fuel Technology is Powering a Clean Geothermal Energy Revolution

    How Sustainable Technology is Shaping a Greener Future – Technology Magazine

    How Sustainable Technology is Driving the Revolution Toward a Greener Future

    Aurora police hope to add facial recognition technology to crime-fighting tools – CBS News

    Aurora Police Aim to Boost Crime-Fighting with New Facial Recognition Technology

    Autonomous Solutions shows off cutting-edge technology for the public – Cache Valley Daily

    Autonomous Solutions Unveils Cutting-Edge Technology for the Public

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Technology

Evergrande Car Unit Slides 69% as Trading Resumes and More Asia Real Estate Headlines

July 28, 2023
in Technology
Evergrande Car Unit Slides 69% as Trading Resumes and More Asia Real Estate Headlines
Share on FacebookShare on Twitter

evergrande electric vehicle

Evergrande’s electric vehicle dreams have become nightmares

Evergrande may have flunked out of the electric vehicle competition, but it was stuck this week with a $2.8 billion tuition bill, per a story that leads today’s roundup of real estate news from around the region. Also in the headlines, Singapore’s Keppel Corp reports a profit jump following the sale of its offshore unit and Hong Kong home prices continue to slide.

Evergrande Auto Subsidiary Loses $2.8B in Value as Trading Resumes

China Evergrande New Energy Vehicle Group Ltd. plunged as trading resumed in its shares for the first time since April 2022, wiping $2.8 billion off the company’s market value in Hong Kong. The China Evergrande Group unit was down 62 percent as of 11:20 a.m. local time, having fallen as much as 69 percent when trading started, leaving it with a market value of about $1.7 billion.

Evergrande NEV released results Wednesday evening that showed a net loss of 84 billion yuan ($11.7 billion) for 2021 and 2022 combined. The company also warned of its ability to continue as a going concern. Total liabilities in its 2022 earnings statement amounted to about 184 billion yuan. Read more>>

Keppel Corp Profit Jumps Seven-Fold on Sale of Offshore and Marine Unit

Singapore’s Keppel Corp on Thursday reported a more than seven-fold jump in its first-half profit boosted by a one-off gain from the sale of its offshore and marine (O&M) unit and strong performance from the infrastructure business.

Keppel sold its offshore and marine business in February for S$4.50 billion ($3.40 billion) to Sembcorp Marine, recognising a gain of S$3.3 billion, as it aims to transform into an asset manager overseeing $150 billion by 2030 and focus on green energy. Read more>>

Hong Kong Home Prices Slid Again in June

Hong Kong’s lived-in home prices declined for the second month in June, with the city’s property market reeling from waning confidence and mortgage financing pain as banks raised borrowing costs to the highest level in 15 years.

Prices dropped 0.54 percent on average in June from a month earlier, after weakening 0.93 percent in May, according to an index compiled by the Rating and Valuation Department on Thursday. As a result, prices retreated just under 1 percent in the second quarter, versus a 5.25 percent jump in the first three months this year. Read more>>

Kotak Data Centre Fund Invests $73M in India’s Sify

India’s Sify has raised more than $70 million for new data centers. The funding was announced during the company’s quarterly earnings results this week.

Sify and Sify Infinit Spaces Limited (“SIS”), a wholly owned subsidiary of Sify which operates its data centers, have entered into an agreement with Kotak Data Center Fund (KDCF), under which KDCF will invest up to Rs 6 billion (approximately $73 million) in the form of compulsory convertible debentures of SIS. Read more>>

Digital Core REIT Distributions Fall 6.8%

Digital Core REIT’s distribution per unit sank 6.8 percent to US$0.0192 for its first half-year ended June, from US$0.0206 the year before, as a result of lower rental income.

Two of its tenants filed for bankruptcy, which caused them to fall behind on rent payments. One of these customers has since vacated the data centre it was occupying in Toronto, Canada, and has been replaced by other tenants, the REIT manager said on Thursday (Jul 27) in a bourse filing. Read more>>

AIMS APAC REIT Boosts Distributions by 5.1%

AIMS APAC REIT’s distributable income to unitholders rose 5.1 percent from a year earlier to $17.2m in the first quarter of its financial year, due to higher gross revenue and net property income (NPI).

In its latest financial statement, the REIT reported that its NPI increased by 4.2 percent to $32.3 million whilst its gross revenue improved by 4.5 percent YoY to $43.2 million. The REIT attributed the increase in its revenue and NPI to “higher rental income from Singapore properties, partially offset by higher financing costs.” Read more>>

Far East Hospitality Trust Distributions Rise 25%

Far East Hospitality Trust’s distribution per stapled security for the first half ended June rose 24.7 percent to S$0.0192, from S$0.0154 the year before.

This came as distribution to stapled securityholders grew 25.6 percent year on year to S$38.4 million on the back of higher net property income (NPI), and the distribution of other gains from the trust’s recent divestment of Central Square, said its manager on Friday (Jul 28). Read more>>

CDL Hospitality Trust Reports 23% Increase in Distributions

CDL Hospitality Trusts (CDLHT) posted a 23 percent rise in distribution per stapled security of S$0.0251 for the first half ended June, from S$0.0204 in the year-ago corresponding period. The rise came as gross revenue and net property income grew amid recovery in international travel, leading to improvements in CDLHT’s portfolio markets, its managers said on Friday (Jul 28).

Revenue was up 20.9 percent to S$119.2 million for the half-year period, from S$98.6 million in the year-ago period. Meanwhile, net property income grew 23.3 percent on the year to S$62.9 million from S$51 million. Read more>>

Tune in again soon for more real estate news and be sure to follow @Mingtiandi on Twitter, or bookmark Mingtiandi’s LinkedIn page for headlines as they happen.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : MingTiandi – https://www.mingtiandi.com/real-estate/crelist/evergrande-auto-unit-loses-2-8b-in-value-as-trading-resumes/

Tags: EvergrandeSlidestechnology
Previous Post

Brookfield and Digital Realty Welcome Reliance Into India Data Centre JV

Next Post

Ticks Are Giving Tons of Americans an Allergy to Red Meat

WEEKEND SCENE: Wolves, salmon, stormwater, more at 2025 West Seattle Ecology Fair, report #1 – West Seattle Blog…

Discover Wolves, Salmon, Stormwater, and More at the 2025 West Seattle Ecology Fair!

September 29, 2025
The Real Threat to Faith Isn’t Science – The Gospel Coalition

The Real Threat to Faith Isn’t Science – The Gospel Coalition

September 29, 2025
Trump Distorts Facts on Autism, Tylenol and Vaccines, Scientists Say – hepmag.com

Scientists Disprove Claims Connecting Autism to Tylenol and Vaccines

September 29, 2025
Our Favorite Store-Bought Coleslaw Can Be Found At Many Grocery Stores – Yahoo

Our Favorite Store-Bought Coleslaw Can Be Found At Many Grocery Stores – Yahoo

September 29, 2025
Virginia Tech hosts annual New Music + Technology Festival this week – Cardinal News

Virginia Tech Kicks Off Exciting Annual New Music and Technology Festival This Week

September 29, 2025
Arrowheadlines: NASCAR driver sits in on Chiefs quarterback meeting – Yahoo Sports

NASCAR Driver Shocks Fans by Joining Chiefs Quarterback Meeting in Unexpected Crossover

September 29, 2025
California has the longest light-rail line in the world. It doesn’t quite work – sfchronicle.com

California Boasts the World’s Longest Light-Rail Line – But It Still Faces Major Challenges

September 29, 2025
Tourism to Shenandoah National Park contributes $175 million to local economy – InsideNoVa.com

Tourism to Shenandoah National Park Injects $175 Million into Local Economy

September 29, 2025
Danielle Fishel Explains Why Being on “DWTS” Makes Her Feel ‘Like It’s 1994 Again’ Filming “Boy Meets World” (Exclusive) – Yahoo

Danielle Fishel Explains Why Being on “DWTS” Makes Her Feel ‘Like It’s 1994 Again’ Filming “Boy Meets World” (Exclusive) – Yahoo

September 29, 2025
Governor calls on Congress to extend tax credits to protect affordable health care coverage – NKyTribune

Governor Calls on Congress to Extend Tax Credits and Protect Affordable Health Care Coverage

September 29, 2025

Categories

Archives

September 2025
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930  
« Aug    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (842)
  • Economy (863)
  • Entertainment (21,737)
  • General (17,309)
  • Health (9,906)
  • Lifestyle (876)
  • News (22,149)
  • People (865)
  • Politics (873)
  • Science (16,073)
  • Sports (21,363)
  • Technology (15,846)
  • World (845)

Recent News

WEEKEND SCENE: Wolves, salmon, stormwater, more at 2025 West Seattle Ecology Fair, report #1 – West Seattle Blog…

Discover Wolves, Salmon, Stormwater, and More at the 2025 West Seattle Ecology Fair!

September 29, 2025
The Real Threat to Faith Isn’t Science – The Gospel Coalition

The Real Threat to Faith Isn’t Science – The Gospel Coalition

September 29, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version