The rise in bad loans from the deteriorating property crisis is worsening asset quality across China’s RMB 367.7 trillion banking industry.

More than 100 million cyber attacks on Federal Service of State Registration, Cadastre and Cartography (Rosreestr) systems have been prevented since the end of February 2022, Rosreestr Deputy Head and Head of Digital Transformation Elena Martynova said on Monday at a session of the Eastern Economic Forum.

Indotek Group is a financial conglomerate owned by Hungarian and US investors, specialising in real estate, financial services, logistics, and transport.

…One target of the litigation is Carl Chang, a southern California real estate mogul who chairs a San Francisco Federal Reserve Bank branch, and his Kairos Investment Management….

Agricultural Bank of China, the nation’s third-largest bank by assets, said it’s facing RMB 1.23 billion ($178 million) in overdue loans, nearly double a previous estimate, from a mortgage boycott on unfinished projects that has swept the country, reports Bloomberg.

June 2022 decreased by 46.5% – from 3.9 bln rubles ($63.65 mln) to 2.1 bln rubles ($34.32 mln).

The government has announced plans to crack down on financial crime in a bid to end what Finance Minister Christian Lindner called Germany’s “reputation as a money laundering paradise.”

Officials have restricted policy space due to efforts to contain property risks amid slowing growth

In a study, WalletHub. compared 300 cities across two key dimensions, “Real-Estate Market” and “Affordability & Economic Environment,

Mori Building Co. has started work on a US$5 billion real estate project that will include Japan’s tallest building and an emphasis on overseas residents, in the latest sign of developers’ bullishness on Tokyo beyond the 2020 Olympics.