China Evergrande shares plunge more than 80% as trade resumes after 17 months
By Clare Jim HONG KONG (Reuters) -Shares of China Evergrande Group shed 86.7% early on Monday when trading resumed following
2023-08-28 09:54
Evergrande: Crisis-hit Chinese property giant reports $4.5bn loss
The heavily-indebted firm's shares are set to resume trading in Hong Kong from Monday.
2023-08-28 09:27
At Jackson Hole, Post-Inflation Challenges Vex Central Bankers
The world’s top central bankers stressed the need to keep interest rates high until inflation is contained —
2023-08-28 04:52
Spain’s Football Association Calls Emergency Meeting on Rubiales
Spain’s national football association called an emergency meeting to respond to FIFA’s suspension of its president Luis Rubiales
2023-08-28 01:24
China Evergrande H1 net loss narrows to $4.5 billion
HONG KONG Property developer China Evergrande Group on Sunday reported a January-June net loss of 33 billion yuan
2023-08-27 20:18
Wall Street’s Hot Options Come to Europe. Will They Take Off?
The zero-day options trade that has taken Wall Street by storm will finally arrive in Europe next week,
2023-08-27 16:22
German Inflation Trauma of 1923 Strikes an Uneasy Chord Today
By late-1923, hyperinflation had rendered Germany’s currency so worthless that one woman used several billion marks of banknotes
2023-08-27 13:46
Slower US Job Growth to Support Fed Patience
Employment growth in the world’s largest economy probably cooled and wage increases moderated in August, suggesting a further
2023-08-27 05:22
Powell Has Bond Traders Right Where He Wants Them: Full of Doubt
Jerome Powell has the bond market exactly where he wants it: lacking conviction as to the Federal Reserve’s
2023-08-27 04:50
Fed Latest: China Still Embedded in US Supply Chain, Paper Finds
China remains embedded in US supply chains even as American firms have taken steps to reduce direct imports
2023-08-26 22:52
India Tightens Rice Exports in Threat to Global Food Prices
India imposed more curbs on shipments of rice to ensure its food security, a move by the top
2023-08-26 14:15
The Sun Sets on Holiday Let Investors as UK Staycation Boom Ends
For the aspirational middle classes, it seemed a no brainer: buy property in one of Britain’s holiday hot-spots
2023-08-26 13:49