Evergrande, Kaisa cut by Fitch to default Ratings agency Fitch downgraded property developers China Evergrande Group and Kaisa Group. They stated that they had defaulted on offshore ...
Birkin bag maker Hermes shrugs off China slowdown Sales at Birkin bag maker Hermes grew by 31%. This has beaten the market expectations, even though, the rebound from ...
Asian tech shares jump, China property stocks rally Tech stocks climbed in Asia, following U.S. peers higher. The Chinese property stocks rallied following a surprise interest payment by ...
China’s belt and road plans losing momentum China’s vast Belt and Road Initiative is in danger of losing momentum. Because, opposition in targeted countries rises and debts ...
China encourages mainland insurers to sell catastrophe bonds A notice was released by the China’s banking and insurance regulator. That encouraged the sales of catastrophe bonds by mainland insurers ...
After China central bank vows to crack crypto trade, Bitcoin slips Bitcoin fell nearly 5% after China’s central bank said that it would crack down on cryptocurrency trading. From providing services to mainland ...
Evergrande crisis spill beyond China China Evergrande have put investors on guard for evidence that the crisis may be spilling over into broader markets. Evergrande ...
Dollar wallows near one week low The dollar wallowed near its lowest level in a week. This is because, the improved risk sentiment wiped out recent ...
China’s Evergrande chairman seeks to reassure investors China Evergrande’s chairman said that they will make it a top priority to help wealth investors to redeem their products. ...
Market impact from Evergrande debt woes HSBC Holdings PLC CEO says that they are expecting the debt problems involving embattled property developer China Evergrande Group to ...