China Cuts Down Payment, Mortgage Rates in Stimulus Drive
China allowed large cities to cut down payments for homebuyers and encouraged lenders to lower rates on existing
1970-01-01 08:00
Country Garden Posts Record Loss, Warns of Possible Default
Country Garden Holdings Co. warned that it may default on its debt and raised concerns about staying in
1970-01-01 08:00
Raimondo Revives China Business Talks But Delivers No Deals
US Commerce Secretary Gina Raimondo won a promise to revive business talks between Washington and Beijing, a key
1970-01-01 08:00
Country Garden to Issue HK$270 Million of Shares to Offset Loan
Country Garden Holdings Co. aims to issue HK$270 million ($34.4 million) of new shares, as the distressed developer
1970-01-01 08:00
Country Garden Seeks to Add Grace Period for Maturing Yuan Bond
Country Garden Holdings Co. has proposed a grace period of 40 calendar days for a maturing yuan bond,
1970-01-01 08:00
Sasol Legal Cases Mount Over Pipeline Charges, Emissions Limits
Sasol Ltd. is opposing a legal bid by South Africa’s state-owned logistics company to claw back almost 816
1970-01-01 08:00
Country Garden’s Malaysia Project to Get New Tax Breaks, PM Says
Forest City, Country Garden Holdings Co.’s mega-development off Malaysia’s southern coast, will be designated a special financial zone
1970-01-01 08:00
After Weaponizing Immigrants, Europe’s East Finds It Needs Them
The neat two-story rows of white containers stretch right up to the towering cranes of the vast construction
1970-01-01 08:00
Thungela’s Profit Drops on Cheaper Coal, South African Rail
South African coal exporter Thungela Resources Ltd. saw profits plunge by 69% in the first half of the
1970-01-01 08:00
Transnet CEO Fears Major Job Losses in Trucking Industry After Road Demand Fades
South Africa’s surge in trucking that’s emerged largely due to higher coal prices and train bottlenecks may lead
1970-01-01 08:00
China’s State Developers Warn of Major Losses as Crisis Spreads
China’s state-owned property developers are warning of widespread losses, fueling concerns that the housing crisis is expanding from
1970-01-01 08:00
Country Garden Loses Its Last Buy Rating From Global Brokerages
Country Garden Holdings Co. has lost its last stock buy rating from major international brokerages, as the embattled
1970-01-01 08:00