Higher-for-longer interest costs and ample retail and office vacancies have pushed the sales of distressed investment properties in Hong Kong higher in the second quarter, a trend realtors expect to continue in an already tepid real estate market. An increasing acceptance among lenders and landlords to book steeper losses has driven up the number of
TEHRAN, Iran — Iran’s Interior Minister, Vahid Ahmadi, announced that property purchases in Iran by foreign nationals using the names of others are illegal. Without specifying any particular country, Ahmadi told ILNA news agency, “Property purchases by foreign nationals are subject to regulations, which we currently do not have in place. Therefore, property purchases in
CenterPoint Energy now expects to restore power to 90% of customers impacted by Hurricane Beryl by the end of the day Monday. The company said it has restored electricity to more than 1.8 million customers. SEE ALSO: Consistent storms forcing crews to stop as thousands are still without power Restoration crews have been working through
BATON ROUGE, La. (BRPROUD) — On This Week in Louisiana Politics, Louisiana lawmakers are trying to drill down the main reasons why auto insurance rates are so much higher than in other states. The state Speaker of the House wants to find an agreement to put together a package of bills. A new law is
Dhaka Chamber of Commerce and Industry (DCCI) President Ashraf Ahmed has urged the government to streamline tax mechanisms to promote better understanding, easier compliance and reduce time, visit and cost. “Tax calculation for the corporates should be in line with the accounting standards and to encourage, compliant businesses can be rewarded in some cases,” he
ACTRESS Shannen Doherty, best known for her role in teen drama Beverly Hills 90210, has passed away at the age of 53. The star’s publicist confirmed the news in a statement to People magazine on Sunday. “It is with a heavy heart that I confirm the passing of actress Shannen Doherty,” Leslie Sloane told the
Not only can Alexa play your favorite songs, but she can turn on your lights, set timers, alarms, and reminders, tell you the weather, turn on appliances, and more. The opportunities are truly endless. If you’ve always wanted to have a smart home, this is your chance to start moving towards a house of the
We formed our coalition, Keep Community First, to address a series of anti-business, anti-community tax increase proposals being discussed by the South Lake Tahoe City Council, propelled in large part by one Council member – Scott Robbins. To date, we have successfully turned aside two of those proposals – a two percent increase in the
It was the 1960s and the cold war was at its peak. A race was organised between two top runners—one from the United States (US) and the other from the Soviet Union. The US runner beat his Soviet counterpart. The Soviet media needed to report the news positively. The spin it gave was, “Soviet finishes
A federal bankruptcy judge in Delaware gave approval Thursday to Petersen Health Care’s deals with Delaware and Illinois based LLCs to sell many of the company’s properties as part of an $118 million sale. Judge Thomas Horan signed an order approving Peoria-based Petersen’s deals with Petersen Acquisition LLC, based in Wilmington, Delaware and HP Developers