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At its May 29, 2025 annual shareholders' meeting, Vanke said it still faces significant challenges: operating performance has not materially improved and debt and liquidity remain under pressure. For 2026 the company will prioritize risk resolution a

2026-05-29

At its May 29, 2025 annual shareholders' meeting, Vanke said it still faces significant challenges: operating performance has not materially improved and debt and liquidity remain under pressure. For 2026 the company will prioritize risk resolution and development, advancing three measures: continue reform-driven risk mitigation; tighten operations to ensure full-year housing deliveries, systematically review and monetize existing assets, focus on key cities and core businesses and orderly exit non-core investments; and strengthen controls while further optimizing corporate governance.

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2026-05-29

The Indonesian rupiah fell to 17,878 against the US dollar, hitting a new record low.

The Indonesian rupiah fell to 17,878 against the US dollar, hitting a new record low.
2026-05-29

President Trump said Iran must agree never to possess nuclear weapons and demanded the Strait of Hormuz be reopened immediately without transit fees. He said all sea mines, if any, will be cleared; the U.S. has used mine-countermeasure ships to deton

President Trump said Iran must agree never to possess nuclear weapons and demanded the Strait of Hormuz be reopened immediately without transit fees. He said all sea mines, if any, will be cleared; the U.S. has used mine-countermeasure ships to detonate many and Iran will be responsible for clearing or detonating any remaining mines. Trump said ships held under a U.S. naval blockade may depart now that the blockade is lifted. He said enriched material buried after a U.S. B-2 strike 11 months ago will be excavated and destroyed by the U.S. in close coordination with Iran and the IAEA, and that no funds will be exchanged until further notice. Trump said he is heading to the situation room to make a final decision; Axios interprets the comments as suggesting he may imminently approve an Iran nuclear agreement.
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