China Ramps Up Campaign to Boost Fragile Economy, Currency
China intensified efforts to stimulate the economy and support its currency, as investor concerns over the growth outlook
1970-01-01 08:00
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
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
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
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
China New-Home Prices Drop at Faster Pace as Downturn Worsens
China home prices dropped for a second month in July, a further sign of the deepening property downturn
1970-01-01 08:00
BlackRock, Allianz’s Country Garden Bond Exposure Draws Focus
Global investors including BlackRock Inc. and Allianz SE may be key stakeholders to watch in Country Garden Holdings
1970-01-01 08:00
Country Garden Crisis Drags Down Other Builders That Got Support
A potential default at developer giant Country Garden Holdings Co. has led to greater skepticism of the efficacy
1970-01-01 08:00
China Shadow Banking Giant Alarms Investors With Missed Payments
One of China’s largest private wealth managers is triggering fresh anxiety about the health of the country’s shadow
1970-01-01 08:00