Taiwan Congratulates Arevalo on Winning Guatemala Election

TAIPEI (Reuters) - Taiwan's government on Monday congratulated Bernardo Arevalo for winning the Guatemalan presidential election, the country being one of only 13 to maintain formal diplomatic ties with the Chinese-claimed island. Taiwan has sent it congratulations through its embassy in Guatemala, the island's foreign ministry said in a statement.

Cracks in China’s debt-ridden economy

On Aug. 3, CK Asset Holdings Ltd, the property flagship of Hong Kong’s richest man, Li Ka-shing (李嘉誠), launched presales at 15 percent less than the market price for uncompleted condominiums in the ...