ST. PAUL, Minn. — A south metro property development company is being sued for fraud after receiving over $1 million in down payments from Somali families for homes on land that remains undeveloped, ...

As a payment deadline looms, Beijing isn't expected to facilitate a "bailout." Debt issues plaguing Evergrande, one of China's largest real estate developers, have sent shock waves of anxiety ...

Mega-collector Adrian Cheng has stepped down as CEO of one of Asia’s leading property development firms after recent reports of the company’s financial woes. A third-generation scion of one of Hong ...

The board of AsiaPhos believes the proposed acquisition will provide an opportunity to venture into a new business area that has potential for growth. AsiaPhos Limited sets out to acquire Exquisite ...

China is tackling unbridled borrowing in the real estate development sector anew with caps for debt ratios. But sources at developers say a rush to get around the rules by moving more debt off balance ...