Evergrande’s $500m EV share deal suspended, stock to resume trading HONG KONG: A share sale plan between China Evergrande New Energy Vehicle Group, the electric-vehicle arm of ... Published 09 Oct, 2023 06:24am
Markets China Evergrande shares tumble 25% after wealth management staff detained HONG KONG: Shares of embattled developer China Evergrande Group plunged 25% on Monday after police detained some... Published 18 Sep, 2023 09:37am
Business & Finance China Evergrande set to unveil offshore debt restructuring proposal HONG KONG: China Evergrande Group is set to unveil on Wednesday a restructuring proposal for its $22.7 billion... Published 22 Mar, 2023 10:48am
Business & Finance Troubled China Evergrande pledges to repay debts in 2023 BEIJING: China Evergrande has pledged to repay its debt this year, as the property giant faces a restructuring... Published 03 Jan, 2023 01:11pm
Business & Finance China Evergrande says its interests in land in Hong Kong sold for $637m BEIJING: China Evergrande Group said on Sunday its interests in a plot of undeveloped land for residential... Published 07 Nov, 2022 06:54am
Business & Finance Evergrande's offshore shareholders say to seriously consider enforcement actions HONG KONG: An ad hoc offshore shareholder group of China Evergrande said on Thursday it has seen no substantive... Published 20 Jan, 2022 01:12pm
Business & Finance Chinese developer misses major bond repayment of $179m BEIJING: Another Chinese property developer said Monday it had defaulted on a major bond repayment, citing liquidity... Published 07 Dec, 2021 06:29am
Markets Hong Kong shares rise as tech giants Alibaba, Tencent bounced back HONG KONG: Hong Kong shares edged up on Thursday as tech giants Alibaba and Tencent bounced back after continuous... Published 26 Nov, 2021 05:15am
Business & Finance Chinese city eases rules for developers amid cash crunch BEIJING: The Chinese city of Chengdu has announced measures to make it easier for developers to sell properties,... Published 26 Nov, 2021 05:15am
Business & Finance Chinese developer Kaisa halts trading BEIJING: Chinese developer Kaisa Group suspended trading in its Hong Kong-listed shares Friday, raising concerns... Published 08 Nov, 2021 05:19am
Markets Most markets rise in Asia, with central bank meetings in focus HONG KONG: Asian markets mostly rose Tuesday as traders bided their time ahead of key central bank meetings this ... Published 02 Nov, 2021 09:29am
Business & Finance Aussie, kiwi rally stalls SINGAPORE: The Australian and New Zealand dollars paused a sparkling rally on Friday as commodity prices cooled and... Published 23 Oct, 2021 04:01am
Markets Japanese shares reverse early gains ahead of new government formation TOKYO: Japanese shares reversed early gains on Monday as caution ahead of the formation of a new government and... Published 04 Oct, 2021 11:20am
Markets Hong Kong shares open lower HONG KONG: Hong Kong stocks fell at the start of trade Monday morning with investors keeping a wary eye on... Published 04 Oct, 2021 09:46am
World China power crunch spreads, shutting factories and dimming growth outlook BEIJING: Widening power shortages in China have halted production at numerous factories including many supplying... Published 28 Sep, 2021 12:07am
Markets Philippine stocks cheer record low rates, virus spike hits Singapore Equities in the Philippines outshone their emerging Asian peers on Friday after its central bank kept interest rates... Published 24 Sep, 2021 12:33pm
World Evergrande domestic debt deal calms immediate contagion concern SINGAPORE/SHANGHAI: China Evergrande agreed to settle interest payments on a domestic bond on Wednesday, while the... Published 23 Sep, 2021 04:35am
Markets Evergrande’s assurance lifts property stocks; China’s blue-chips fall SHANGHAI: Chinese blue-chips fell on Wednesday when the market resumed trade after a holiday, led by banking and... Published 23 Sep, 2021 04:35am
Markets Asian markets stabilise after rout but Evergrande fears linger HONG KONG: Equities fluctuated in Asia on Tuesday, with investors nervously keeping an eye on troubled property ... Published 21 Sep, 2021 10:14am
Markets Safety flows extend dollar rally ahead of Fed In trade thinned by holidays in Japan, China and South Korea, the euro fell 0.1% to $1.1710, its lowest since late August Published 20 Sep, 2021 11:18am