Former minister Saifuzzaman confesses to foreign assets, denies fund transfer allegations

Six companies owned by the minister and his wife are now actively operating real estate businesses abroad. The anti-corruption watchdog said offshore businesses accounted for £166.4 million or Tk 23.12 billion. TIB did not publicly name the minister, but US-based media outlet, Bloomberg, released an investigative report on 18 February, detailing the property empire of […]

Private survey shows China’s house prices fell at a sharp pace in December

China’s home prices fell at a sharp pace in December, reflecting continued weak demand amid rising COVID-19 cases despite a number of support measures, according to a private survey on Sunday. China’s property market crisis has worsened this summer, with official data showing home prices, sales and investment have been falling in recent months, adding […]