Chinese real estate stocks rally on bailout plan

Regulators have revealed financial measures that would help the sector avoid a credit crunch Chinese property stocks and bonds rose sharply on Monday as banking regulators revealed a 16-step support package for the indebted sector.

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Boeing tells airlines to check 737 Max planes

The company insisted on inspections to look for “a possible loose bolt in the rudder control system,” US aviation regulator says Boeing has urged air operators to inspect its 737 Max planes for a possible flaw in a key part of their flight systems. The company’s best-selling airliner has been plagued by a series of…

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Iran’s trade with BRICS surging – foreign minister

Trade between BRICS and Iran has been growing as Iran seeks to become a member of the alliance, according to the country’s foreign minister.  Hossein Amir-Abdollahian was speaking at the ‘Friends’ of BRICS session as part of the bloc’s foreign ministers’ meeting in Cape Town, South Africa, on Friday.

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