Chinese company Evergrande has started to repay investors in its wealth management business with property, as the world’s most indebted real estate developer faces a key test this week.Major banks …
FINANCE
With Three-Fourth Of Household Wealth In China Locked Up In Housing, Implosion Of Real Estate Giant Evergrande Sparks Fear Of Financial Contagion
Evergrande, China’s second-largest real estate company with $110 billion in sales last year, is by some estimates the most indebted property group in the world. The real estate developer is faced with …
First Bank withstands the test of time, constantly reinvents itself
Being woven into the fabric of society for over 127 years means that FirstBank remains at the forefront of providing …
Evergrande Is a Symptom, Not Cause, of China’s Debt Woes
Evergrande, China’s wobbling property developer, has found itself the subject of global concern and speculation as it seeks a way out of a tightening liquidity crunch and serious over-indebtedness.
Will Evergrande Woes Bring Great Fall Of China?
Evergrande is the largest property company in China and owns more than 1,300 projects in 280 cities holding approx 2% of the Chinese real estate market …
Treasury Sanctions International Financial Networks Supporting Terrorism
QF, uses the revenues generated by these networks to fund terrorist activities, as well as to perpetuate instability in Lebanon and throughout the region. The U.S. Department of the Treasury’s Office …
China defends clampdown on tech firms in a meeting with Wall St executives: Report
China’s top securities regulator defended their crackdown on various industries in a private meeting with Wall Street executives, Bloomberg News reported on Saturday (Sep 18). Investors’ concerns over …
China defends clampdown on tech firms in a meeting with Wall St executives
China’s top securities regulator is said to have defended crackdown on various industries in a private meeting with Wall Street executives.
China’s panda bond market surges back from COVID lows
For the year through September, 19.5 billion yuan ($3.02 billion) worth of so-called panda bonds have been issued, according to Refinitiv, topping the 2020 total. The sum excludes floats by entities …
China defends clampdown on tech firms in a meeting with Wall St execs: Report
Investors’ concerns over the regulatory crackdown has led to sharp sell-offs on China’s share markets, reducing the market capitalisation of some of its largest companies including Alibaba Group …
China: ‘We really are not even in the beginning stages’ of the tech crackdown, short-seller says
Beijing’s latest moves to crackdown on various sectors in the Chinese economy is spooking some investors, and one short seller is calling for a full withdrawal of Chinese investments.
Hanif Sufizada: Minerals, drugs and China: How the Taliban might finance their new Afghan government
The Taliban have at least five significant potential sources of revenue as they begin to govern Afghanistan again.
Sustainable finance ‘talent war’ erupts in Hong Kong amid rise in regulatory demands, green products
A rising demand for corporate sustainability data disclosures, strategy formulation and green finance products issuances has led to the emergence of a “talent war” in Hong Kong as it vies to become a …
