Wall Street has suffered its sharpest drop since May as the S&P 500 fell 1.7 per cent, and the Dow Jones Industrial Average closed down 614 points, or 1.8 per cent. The tech-focused Nasdaq also…
Tagged By property
Evergrande fears send stock market tumbling: Here’s what investors need to know about the China property giant
MARKET EXTRA Evergrande, a Chinese property giant nursing more than $300 billion in debt, remains on the brink of default — sending global equities tumbling Monday as investors, who had …
Evergrande troubles punish China property as contagion concern spreads
Growing fears of a default by China Evergrande Group led investors worried about its potential impact on the wider economy to dump Chinese property stocks and seek refuge in safe-haven assets …
Dow futures skid 500 points as China property fears grow
U.S. stock futures fell sharply on Monday, with those for the Dow Jones Industrial Average tumbling 500 points, as Hong Kong-listed property companies came under fresh pressure. Investors also were …
Dow futures drop 300 points as China property fears grow
How are stock futures trading? Dow Jones Industrial Average futures YM00 dropped nearly 400 points, or 1.1%, to 34,064 ; S&P 500 futures ES00 fell 40 points, or 0.9%, to 4,382 ; N …
Stocks, Futures Fall on China Property, Fed Risks: Markets Wrap
Stocks and U.S. equity futures fell Monday, hurt by a slump in Hong Kong property developers and jitters ahead of a Federal Reserve meeting that’s expected to hint at moving toward tapering stimulus.
Why the Fate of Troubled Property Developer Evergrande Group Is Posing a Huge Headache for China
The world’s most indebted real estate developer, China’s Evergrande Group, is struggling to make loan payments on its more than $300 billion in liabilities. Here’s what that could mean for the world’s …
China’s Property Problems Go Beyond Evergrande. Real Estate Stocks Take a Beating.
Real estate construction and investment are both a driver and an outlet for China’s burgeoning wealth. Signs of overheating are real enough.
China’s second-largest property firm warns of additional defaults
CNBC’s Eunice Yoon reports why one of China’s largest real estate developer is in financial trouble. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more…
JPMorgan PB ‘Very Cautious’ of China’s Property Sector, Wang Says
Julia Wang, executive director and global market strategist at JPMorgan Private Bank, discusses the state of indebted developer China Evergrande Group and its implications for the country’s financial …
China Goes Cold Turkey on Property
If exports stumble or consumption doesn’t pick up again promptly, Beijing may be forced to relent on its property curbs sooner than it would like.
China’s Property Curbs Send Economic Tremors
Beijing’s pressure on the real-estate sector is being widely felt, raising questions about how much economic pain China’s leaders are willing to stomach as they rein in yet another industry.
Evergrande’s debt woes pose risks to China’s property sector – Goldman
Evergrande Group’s (3333.HK) debt crisis could pose spillover risks to the broader Chinese property sector, Goldman Sachs said in a note on Wednesday.
