Evergrande shares suspended from trading as liquidation concerns mount
Shares in embattled Chinese developer Evergrande Group and its two subsidiaries were all suspended from trading in Hong Kong on Thursday, after fears grew about its ability to restructure its mammoth debt and stave off a liquidation of the business.
2023-09-28 11:21
China Kicks Off $137 Billion Plan to Tackle LGFV Debt Risk
China has begun a program to allow local governments to swap so-called “hidden” debt for bonds carrying lower
2023-09-28 10:48
Shares of China Evergrande suspended as chairman under police watch
HONG KONG (Reuters) -Trading in shares of China Evergrande were suspended on Thursday after a report its chairman had been
2023-09-28 09:58
China’s Golden Week May Spur Volatility for Yuan at ‘Red Line’
The Chinese yuan is facing multiple headwinds. Now comes the Golden Week holiday, when trading will be frozen
2023-09-28 09:57
TikTok’s E-Commerce Ambitions Dealt Blow as Indonesia Adds Curbs
Sea Ltd. gained a further 5% after Indonesia introduced sweeping regulations that will curb arch-foe TikTok’s efforts in
2023-09-28 09:55
Marcos Bid to Challenge China on Disputed Shoal Pressures US
Philippine President Ferdinand Marcos Jr. spent the first 15 months of his term working with the US and
2023-09-28 09:55
Delta is returning to the gate to tweak unpopular changes in its frequent-flyer program
Delta Air Lines wants a do-over for changes it recently announced in its frequent-flyer program
2023-09-28 09:21
Disney World government will give employees stipend after backlash for taking away park passes
Facing backlash, Walt Disney World’s governing district will pay a stipend to employees whose free passes and discounts to the theme park resort were eliminated under a policy made by a new district administrator and board members who are allies of Florida Gov. Ron DeSantis
2023-09-28 09:15
Trump Judge Rejects Request to Step Aside From Election Case
US District Judge Tanya Chutkan refused to step down from the election-obstruction case in Washington against Donald Trump,
2023-09-28 07:45
US government shutdown could add misery to air travel
By David Shepardson WASHINGTON U.S. Transportation Secretary Pete Buttigieg warned on Wednesday that a partial government shutdown could
2023-09-28 07:26
China Sovereign Debt Sales Surge to Test PBOC Liquidity Support
A surge in Chinese sovereign debt issuance is heaping pressure on the central bank to keep funding conditions
2023-09-28 07:23
Rising poverty grips Argentina as runaway inflation takes its toll
Homeless shelters in Argentina's capital are seeing demand soar as more people are struggling to make ends meet amid an annual inflation rate above 100% that is pushing more people into poverty
2023-09-28 06:45