Bloomberg Almost a year ago, in May 2015, Michael Jackson’s former Neverland Ranch hit the market. The 12,598-square-foot French Normandy-style home sits on 2,698 acres in the Santa Ynez Valley, northeast of Los Angeles. It has six-bedrooms, a four-acre lake with waterfall, an outdoor barbecue, a pool house, three guest houses, a tennis court, and a 5,500-square-foot movie theater and …

Bloomberg NorthStar Realty Europe Corp. has hired advisers to offer about $1 billion of properties for sale as the New York-based company focuses on fewer countries, according to a person with knowledge of the matter. The real estate investment trust, managed by an affiliate of NorthStar Asset Management Group Inc., will sell all of its assets outside the U.K., France …

Margaret Zhou / The Diplomat The Mekong Delta is facing its worst drought in recent history, causing food and water shortages for over half a million people. The Chinese government has made headlines amidst the disaster for its decision to release water from upstream dams within China’s borders. Chinese ministry spokesman Lu Kang said in a news briefing that China …