New World Development Co Ltd
will donate 3 million square feet of its farmland
reserves for social housing, it said on Wednesday, two weeks
after Beijing singled out Hong Kong developers for not doing
enough to alleviate housing problems.
The United States on
Wednesday announced fresh Iran-related sanctions on five Chinese
individuals and six entities, including two Cosco Shipping
corporation Ltd subsidiaries, the U.S. Department of
The Reserve Bank of India's
(RBI) move to take charge of one of the country's top five
co-operative banks on Tuesday brought worried depositors out in
protest and sparked renewed concerns about the health of India's
troubled banking sector.