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Singapore
Singapore doubles property stamp duty for foreigners to 60%
...“I was definitely caught off guard,” said Christine Sun, head of research and consultancy for real estate group OrangeTee & Tie, adding it felt like “more a freezing than a cooling” measure....
April 27, 2023
Evergrande Real Estate Group
Chinese developer Evergrande ordered to be wound up by Hong Kong court
...Shortly after the court order, Chinese media reported that Evergrande’s chief executive Shawn Siu responded that the company would “do everything possible” to ensure the continued delivery of property development...
January 29, 2024
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
Person in the News
Hui Ka Yan: the Evergrande tycoon faces his downfall
...“Of all the developers, I have to say he was one of the more aggressive ones,” says Desmond Shum, author of Red Roulette, a book about elite Chinese business and politics, who knew Hui in his heyday....
February 3, 2024
News in-depthEvergrande Real Estate Group
Evergrande liquidation to test Hong Kong’s legal reach in mainland China
...The vast majority of the company’s funds are believed to have flowed into real estate projects across the border, where 90 per cent of its assets are based and where liquidations require separate approval...
January 30, 2024
Unhedged
Fear of inflation returns Premium content
...C Shawn Booking agrees that private credit funds earn higher spreads and total yields because they’re providing speed, certainty of execution and cost of capital; privacy in terms of the borrower not needing...
April 10, 2024
The Long ViewJohn Plender
Bonds are no longer the safe option
...This is quite a deadweight at the start of a looming commercial real estate disaster that will soon inflict further damage on bank balance sheets....
August 11, 2023
FT Live
Business of Art
Market shifts and future growth
Monday, 7 October180 Studios, London, UK
Retail & Consumer industry
Chinese luxury goods: the bear case
...Desmond Shum, author of Red Roulette, a memoir on working in Chinese finance, offered a similar diagnosis in early June, fresh from a call with an unidentified “leading authority” on all things glitzy and...
June 21, 2023
News in-depthSingapore
Singapore’s soaring expat rents undermine bid to oust Hong Kong as finance hub
...Others “include Singapore’s standing as a global business hub, our strong external connectivity, our good trade links, our education and healthcare standards and the quality of life”, said Desmond Lee, minister...
February 21, 2023
Evergrande Real Estate Group
Evergrande’s chief executive steps down over mystery $2bn claim
...The property group’s collapse last year was part of a crisis in China’s real estate sector that has dragged down growth in the country....
July 23, 2022
FT SeriesHTSI spring arts special: creatives in their communities
‘Stranger Things’ star Matthew Modine talks taste
...Like, I saw a picture of Al Pacino in a magazine and I thought, that’s a great photograph, so I painted it. I saw a picture of Arthur Miller, I painted Arthur Miller. I painted Wallace Shawn....
February 24, 2023
The Big Read
Housing in London: damp, mould and high charges at Peabody properties
...Residents of the BedZED estate in south-west London, the UK’s first zero-carbon community of scale, say they were initially drawn to the estate’s unique features, including wind cowls and woodchip burners...
March 15, 2023
HTSI
Dior, diamonds and Duncan Grant – the passions of Kim Jones
...Both died without a will, and sorting out the estates of each has galvanised Jones’s determination not to leave his own affairs in any kind of mess....
March 1, 2023
China’s Communist party congress
China’s Xi Jinping problem
...So much of China’s growth has been driven by real estate and infrastructure spending, so it’s good that they clamped down on real estate.”...
October 13, 2022
Professional services
Quintessentially turns to US investor for loan amid pandemic
...ties to Richard Desmond, the British publisher and property developer....
August 25, 2020
Architecture
What teenagers can teach us about creating better places to live
...POoR (Power Out of Restriction) was set up in 2019. It is one of several UK groups and practices that are working with young people on projects — community centres, housing estates or public spaces....
February 18, 2022
FT Live
Business of Luxury Summit
Gathering leaders in luxury for the 20th year
Sunday, 19 MayVenice, Italy
News in-depthHui Ka Yan
Evergrande chair’s wealth under scrutiny as developer faces default
...Once a symbol of success and the embodiment of the incredible growth of China’s real estate sector over the past 20 years, Hui today faces a stunning reversal of fortunes....
October 8, 2021
Rana Foroohar
Post-pandemic inflation fears are overblown
...rana.foroohar@ft.com Letter in response to this column: An overheating economy looks inescapable for US / From Desmond Lachman, American Enterprise Institute, Washington, DC, US...
July 18, 2021
HTSI
The best sleepwear brands for steamy nights
.... $220, the-sleeper.com Desmond & Dempsey Husband and wife duo Molly Goddard and Joel Jeffery’s nighties and pyjama sets come in a range of styles from cami to Cuban shirt, are made from breathable feather-light...
July 30, 2021
FT SeriesBest Books of the Year 2021
Best books of 2021: Politics
...Do Not Disturb: The Story of a Political Murder and an African Regime Gone Badby Michela Wrong, Fourth Estate £20/PublicAffairs $18.99 A deeply researched and highly critical biography of one of Africa’...
November 16, 2021
Letter
Letter: Bank stress tests fail to reflect a Covid recession
...Desmond LachmanAmerican Enterprise InstituteWashington DC, US...
August 28, 2020
John Plender
Covid-crippled property markets ring the alarm for banks
...The villain of the story, then, is the virus and the subsequent lockdown of economies in response. Rather than a saboteur, the real estate sector is just another victim....
August 21, 2020
Coronavirus
First Person: How Covid is changing people and businesses globally
...“There was nothing great to say about 2020,” said Shawn Wenko, executive director of economic development for Williston....
July 30, 2021
World5 min
China and the US: the arms race in space
...But the militarisation of space is deadly serious. I caught up with Brigadier General Shawn Bratton, who's deputy director of operations at US Space Command....
August 28, 2020
Due Diligence
Jim Millstein: a blast from the bailout past Premium content
...It’s perhaps the first small sign of the kind of stresses that private equity’s real estate businesses are going to face as commercial properties empty out across the world amid lockdowns....
March 26, 2020
InterviewUS tax
Trump to push for tax reform passage by year’s end, says Cohn
..., Republican terminology for estate taxes, which will face resistance from Democrats....
August 25, 2017

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