Lot in downtown Hong Kong sells for $3 billion

One of the few spots in Hong Kong that doesn’t house an office building just sold for $3 billion.

The little-used parking garage will likely be replaced by an ultramodern office building, rented as regional headquarters for some international firm. The $6,400-square-foot price sets a record even in Hong Kong, one of the world’s most expensive real estate markets.

The garage was bought by Henderson Land Development. The company was founded by Hong Kong’s second-richest man, Lee Shake.

 
 
 
 
 
US

New US Travel Ban on 8 Countries Is Indefinite and Tailored

New US Travel Ban on 8 Countries Is Indefinite and Tailored
WASHINGTON—New, more refined travel restrictions were issued in a proclamation by President Donald Trump late Sept. 24.Citing national ...
READ MORE >
 

Mexicans Pray as Hope Fades for Quake Victims, Toll Hits 319

Mexicans Pray as Hope Fades for Quake Victims, Toll Hits 319
MEXICO CITY—Mexicans packed churches on Sunday to pray for the victims of the country's deadliest quake in 32 ...
READ MORE >
 
US

Trump Calls Out NFL Players for Lack of Respect

Trump Calls Out NFL Players for Lack of Respect
President Donald Trump called out NFL players who refuse to stand for the national anthem, saying NFL owners ...
READ MORE >
 

Merkel Wins Fourth Term as Far-Right Enters German Parliament

Merkel Wins Fourth Term as Far-Right Enters German Parliament
BERLIN—Chancellor Angela Merkel won a fourth term in office on Sunday but will have to build an uneasy ...
READ MORE >
 

79-year-old Alzheimer patient’s love for music and singing always bring his memory back!

79-year-old Alzheimer patient’s love for music and singing always bring his memory back!
In an absolutely dramatic turn of events, as if a scene is borrowed out of a movie, a ...
READ MORE >