AllSides Balanced Search reveals information and ideas from all sides of the political spectrum so you can get the full picture.
Jul 31 2023
News
Fall from High-Rise Suspected After Daredevil’s Body Is Found Dead on a Random Patio
HONG KONG (AP) — A French man is believed to have fallen to his death from a high-rise residential building in Hong Kong last week, police said on Monday, with local media outlets identifying him as daredevil Remi Lucidi. Police said a 30-year-old man’s body was found on a patio in the city’s upscale Mid-Levels area. He was believed to have engaged in extreme sports, police said, without
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Aug 18 2023
News
China’s Evergrande files for bankruptcy in New York court
Chinese real estate behemoth Evergrande on Thursday filed for Chapter 15 bankruptcy protection in a Manhattan court.
In its filing, Evergrande said it was seeking recognition of restructuring talks currently underway in Hong Kong, the Cayman Islands and the British Virgin Islands.
Chapter 15 shields non-U.S. companies that are undergoing restructurings from creditors that hope to
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Oct 09 2023
News
China's Country Garden Says Might Not Meet All Debt Obligations
Debt-saddled Chinese property giant Country Garden said Tuesday it did not expect to meet all of its offshore payment obligations in time as it battles to avoid default.
In a note shared on the Hong Kong Stock Exchange website, the firm said it "expects that it will not be able to meet all of its offshore payment obligations when due or within the relevant grace periods, including but
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Oct 29 2023
News
HSBC Holdings Third-Quarter Net Profit More Than Doubled
A logo of HSBC is seen on its headquarters at the financial Central district in Hong Kong. The Asia-focused lender posted net profit of $5.62 billion for the three months to Sept. 30, up from $2.00 billion in the year-earlier period, it said Monday. HSBC’s pretax profit, the bank’s preferred profit measure, rose to $7.71 billion from $3.23 billion. The bank’s quarterly revenue rose 40%
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Jan 16 2023
News
Globalization Isn’t Dead. But It’s Changing.
The future looked bright to all parties when Alphabet Inc.’s Google joined with Facebook Inc. and a Hong Kong partner in 2016 to build an 8,000-mile-long undersea fiber-optic-cable line connecting Los Angeles to Hong Kong on an information highway between superpowers.
But the project didn’t go as planned. The Trump administration nixed the application for U.S. approval, citing security
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Feb 19 2023
News
Los Angeles Investigating Catholic Bishop’s Shooting as Murder
Filmed at key heritage sites all across Hong Kong, including Tai Kwun, Tang Tsing Lok Ancestral Hall and Kowloon Walled City Park, this documentary showcases Hong Kong's multicultural history. Prominent historians and conservation experts explain the architectural relevance of buildings ranging from houses of worship to former colonial outposts and tenements.
Bloomberg![](https://www.allsides.com/sites/default/files/bias-leaning-left.png)
Jan 02 2023
News
Singapore withstands a global property downturn
HONG KONG, Jan 3 (Reuters Breakingviews) - Property is crashing everywhere, except in Singapore. The Asian city-state’s private residential prices are up 14% year-on-year, according to third-quarter data from Knight Frank. That’s a sharp contrast to major cities like Hong Kong and Sydney, which saw decreases of 7% and 4% respectively over the same period. After years of dizzying growth, real
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Feb 07 2024
News
Fairfax Woman Second Fatality In 2-Vehicle Crash In Annandale: Police
FAIRFAX, VA — A Fairfax woman was the second person to die from injuries received during a two-vehicle crash in Annandale on Sunday morning, according to the Fairfax County Police Department. On Monday, FCPD reported that 63-year-old Hong Tang of Fairfax succumbed to her injuries. Another passenger involved in the crash remained in the hospital in critical condition. Police responded around 9:
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Oct 09 2023
News
Country Garden Looks Set For Debt Restructuring After Admitting It Can’t Repay International Borrowings
China’s distressed property developer Country Garden said it’s unlikely that it will be able to repay all of its international debt as sales have continued to slide amid the country’s broader real estate crisis. The company is now working with advisors in what is likely to be preparations for an eventual debt restructuring. The company has hired China International Capital Corporation and
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Oct 09 2023
News
Country Garden says it may not be able to repay debt, warns of uncertainty around liquidity position
Signage at a residential project developed by Country Garden Holdings Co. in Baoding, Hebei province, China, on Tuesday, Aug. 1, 2023. Chinese real estate developer Country Garden Holdings said it expects it will not be able to make all of its offshore repayments, including those issued in U.S. dollar notes. The company failed to make a debt repayment of 470 million Hong Kong dollars ($60
CNBC![](https://www.allsides.com/sites/default/files/bias-center.png)