Evergrande Faces Final Chance to Avoid Liquidation by HK Court
Two years after its default marked a key moment in China’s property crisis, the world’s most indebted developer
2023-12-03 08:15
Evergrande Creditors Demand Controlling Stakes in New Proposal
A group of offshore creditors to China Evergrande Group is demanding controlling equity stakes of the property developer
2023-12-01 17:49
Hong Kong to End Stock Market Closures During Typhoons From July
For stock traders in Hong Kong, an approaching typhoon has long meant the anticipation of an impromptu day
2023-12-01 11:59
China Investment Bank Bans Bearish Research, Wealth Displays
One of China’s largest investment banks has warned its analysts against making any bearish calls and to avoid
2023-11-30 14:58
Chinese Builder Powerlong Defaults on Dollar-Bond Payment
Chinese builder Powerlong Real Estate Holdings Ltd. has defaulted on one of its dollar bonds as it struggles
2023-11-30 12:19
Sri Lanka, Official Creditors Seal $5.9 Billion Debt Revamp Deal
Sri Lanka struck an initial deal with a group of key official creditors, including India and the Paris
2023-11-30 11:58
China’s Shattered Property Bond Market Finds Hope in Sunac Deal
For two hours on an early February morning, Sunac China Holdings Ltd. Chief Financial Officer Gao Xi delivered
2023-11-30 08:21
Copper Hits 10-Week High as Mine Closure Points to Supply Risks
Copper touched a 10-week high after the closure of a major mine in Panama highlighted future supply challenges
2023-11-29 13:51
Chinese-Style Quantitative Easing Emerges as Property Fix Option
China’s deepening property rout is pushing the nation’s central bank toward a style of policy it has long
2023-11-29 07:22
PBOC Chief Warns of ‘Long and Difficult’ Economic Transformation
China’s central bank governor stressed tolerance for slowing growth in the short term as the world’s second-largest economy
2023-11-28 14:23
‘Paramilitary’ Tax Agents Deployed in Kenya Budget Revenue Drive
As the scores of young tax agents went door-to-door in Nairobi’s Eastleigh district, shopkeepers shifted nervously. President William
2023-11-28 13:22
China’s Central Bank Signals Slower Credit Growth, Lower Rates
China’s central bank foreshadowed a slowdown in credit extension while pledging it would press banks to lower their
2023-11-28 11:53