Country Garden Faces $2.9 Billion of Bond Payments as Woes Mount
Country Garden Holdings Co. faces $2.9 billion in bond payments for the rest of the year, with the
1970-01-01 08:00
China Developers Jump Most in Seven Months on Politburo Pledge
Chinese developer shares are bouncing back after the country’s top leadership pledged to optimize and adjust property policies
1970-01-01 08:00
Rising Consumer Pain Triggers Wall Street Concern: Credit Weekly
US consumers, particularly those with lower incomes, are running into financial trouble as pandemic savings disappear, a headwind
1970-01-01 08:00
China Junk Bonds Suffer Worst Slide of 2023 as Defaults Mount
China’s high-yield dollar bonds are suffering their sharpest three-day selloff this year, with a fresh default from a
1970-01-01 08:00
Sanctioned Chinese Military Giant’s US Business Keeps Growing
Cirrus Aircraft Ltd. is proud of its history in the US heartland: the private plane maker’s website includes
1970-01-01 08:00
JPMorgan Says HK Property Market Has Pool of Undervalued Assets
A “large pool of undervalued assets” in Hong Kong’s property market may spur more bargain hunting among their
1970-01-01 08:00
Hong Kong Mortgage Easing Is Cold Comfort to Buyers With High Rates
Hong Kong’s relaxation of residential mortgage rules may do little to spur demand from homebuyers who remain deterred
1970-01-01 08:00
Chinese Developer’s $1.8 Billion Distressed Asset Gets Zero Bids
A $1.8 billion project by defaulted Chinese developer Shimao Group Holdings Ltd. failed to find a buyer at
1970-01-01 08:00
China Set to Boost State Cobalt Reserves After Tumble in Prices
China is taking advantage of tumbling cobalt prices to build up its inventories of the metal used in
1970-01-01 08:00
China Vanke Says Local Home Market Is Worse Than Expected
China’s second-largest developer by sales said the nation’s home market is currently “worse than expected,” joining a chorus
1970-01-01 08:00
Goldman Raises 2023 Default Forecast for China Junk Property Bonds
Goldman Sachs Group Inc. is now expecting a higher default rate for Chinese high-yield property dollar bonds, as
1970-01-01 08:00
Macau’s Casino Recovery Fizzles in June as Tourism Boom Fades
A recovery in Macau’s casino sector showed signs of waning in June, with gaming revenue missing estimates amid
1970-01-01 08:00