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Hong Kong homebuyers snapped up new flats at a Henderson Land project in Wan Chai in the latest sign of a real-estate market recovery.By early evening on Saturday, all 75 units on offer at the Woodis residential development on Wood Road were sold out, according to property agents.The buying spree aligns with market expectations, following Henderson’s decision to price the units competitively with neighbouring flats in the secondary market. The average discounted price was set at HK$23,224 (US$2,990) per square foot.The sales included 61 two-bedroom units and 14 three-bedroom units, with sizes ranging from 343 sq ft to 598 sq…

Hong Kong homebuyers snapped up new flats at a Henderson Land project in Wan Chai in the latest sign of a real-estate market recovery.By early evening on Saturday, all 75 units on offer at the Woodis residential development on Wood Road were sold out, according to property agents.The buying spree aligns with market expectations, following Henderson’s decision to price the units competitively with neighbouring flats in the secondary market. The average discounted price was set at HK$23,224 (US$2,990) per square foot.The sales included 61 two-bedroom units and 14 three-bedroom units, with sizes ranging from 343 sq ft to 598 sq…

Sindh Chief Minister Syed Murad Ali Shah on Saturday directed the Livestock and Fisheries Department to propose the establishment of mini fish harbours at Keti Bunder (Thatta district) and Shah Bunder (Sujawal district) to promote small-scale fisheries, enhance local livelihoods, and ease congestion at the Karachi Fish Harbour. “The estimated cost of both the harbours is around Rs1.35 billion, with a three-year implementation period, to be funded by provincial and foreign assistance,” CM Murad said while discussing the proposal with Minister for Livestock and Fisheries Mohammad Ali Malkani and Secretary Fisheries Dr Kazim Jatoi here at the CM House, in…

A stunning surge in global gold prices — up more than 50% so far in 2025 — is proving to be a windfall for Pakistan’s reserves, with official estimates suggesting the value of Pakistan’s gold holdings has risen to around $9 billion, said Mohammed Sohail, CEO of Topline Securities. The surge has lifted the country’s total reserves, including liquid foreign exchange, to roughly $23 billion, close to an all-time high, the analyst said in a post on social media platform X. The shift marks a striking turnaround in the composition of Pakistan’s reserve assets. Historically, gold accounted for about one-third…

An Air China flight from Hangzhou to Seoul was forced to make an emergency landing in Shanghai on Saturday after a lithium battery caught fire in the plane’s cabin.In a statement on social media, Air China confirmed the incident.“On October 18, on flight CA139 from Hangzhou to Incheon, a lithium battery in a passenger’s carry-on luggage stored in the overhead compartment spontaneously ignited,” the airline said.The crew handled the situation quickly, it added, and “to ensure flight safety”, the plane had to “make an unscheduled landing” at Shanghai Pudong International Airport.No injuries were reported, according to the statement.Air China indicated…

China and Canada are showing a readiness to mend mutual ties as both nations tackle strained relations with the US, marking a shift by Ottawa that analysts have described as “pragmatic”.Beijing was willing to restart dialogue and exchanges “at all levels” and rebuild trust with Ottawa, top Chinese diplomat Wang Yi said as he met Canadian Foreign Minister Anita Anand during her two-day trip to China.Friday’s meeting in Beijing came just over a week after Canadian Prime Minister Mark Carney visited US President Donald Trump in Washington, as part of ongoing diplomatic efforts to manage strained relations amid escalating trade…

Nexperia has withheld access to work accounts and halted salaries for its employees in China, according to local news reports citing a letter from the Chinese unit of the Dutch chipmaker, marking the latest escalation in a growing political dispute between the Netherlands and China.The Chinese unit of Nexperia informed customers on Friday that it had been notified by headquarters that salary payments would cease and employees’ access to company systems would be suspended, according to Chinese media reports.“We are deeply puzzled and disappointed,” the unit said in the letter, according to Chinese tech news outlet Electrans. The subsidiary said…

Jardine Matheson Holdings has agreed to buy the remaining 11.96 per cent of hotel arm Mandarin Oriental International it does not already own, as the century-old conglomerate ramps up efforts to increase investor returns.Mandarin Oriental shareholders would receive US$3.35 in cash per share in a deal that valued the hotel chain at about US$4.2 billion, Jardine said in a statement on Friday. The total value represented a premium of 40 per cent to Mandarin Oriental’s closing price on Thursday, according to Bloomberg calculations.The move to take full ownership of the hotel firm comes as Jardine seeks higher returns from its…

KYIV, Ukraine (AP) — Work has begun to repair the damaged power supply to Ukraine’s Zaporizhzhia nuclear power plant, the head of the U.N.’s nuclear watchdog said Saturday. The repairs are hoped to end a precarious four-week outage that saw it dependent on backup generators.Russian and Ukrainian forces established special ceasefire zones for repairs to be safely carried out, said the head of the International Atomic Energy Agency, Rafael Grossi. He hailed the restoration of off-site power as “crucial for nuclear safety and security.”“Both sides engaged constructively with the IAEA to enable the complex repair plan to proceed,” Grossi said…

China has accused the nine generals expelled from the Communist Party on Friday of seriously undermining the principle that the military should be loyal to the party and dealing a serious blow to the army’s unity and the image of senior officers.An editorial published by PLA Daily on Saturday also said the nine generals – including He Weidong, vice-chairman of the Central Military Commission (CMC) and a member of the 24-man Politburo – were “being disloyal” and losing their “chastity”.It further accused them of “a total collapse of their beliefs” as party members.The accusation of disloyalty and lost chastity echoed…