Iron ore futures traded in Singapore ended at $121.13 a metric ton on Wednesday, the highest since April 11 and up 17.4% from the recent low of $103.21 on Aug. 3.
Tagged By property
Iron Ore Declines as Data Shows China Property Concerns Persist
Iron ore fell for the first time this week as a lull in China’s property sector persists, with fresh data showing a recent spurt in home sales in its capital losing momentum.
China policy actions lift property stocks and bonds while funds view sector as prime source of global credit event
An index tracking major mainland property stocks has risen 5 per cent this month, following a 13 per cent slump in August Global fund managers overseeing US$616 billion of assets rank China’s property …
China’s top-500 list of private firms is missing some big names, as profits fell and property developers tanked
Eight more private developers have exited the semi-official annual list by the All-China Federation of Industry and Commerce, and an e-commerce giant has retained the No 1 spot.
Why China’s real estate crisis should make the global travel industry nervous
One major – if indirect – reason China’s real estate industry is so shaky is that local governments are heavily dependent on tax revenue from land sales, as well as property taxes and real estate…
Navigating China’s Property Market
Summary A rebound in the Chinese property sector, spurred by the post-COVID reopening and government support, was short lived. The prospect of a broad recovery in 2023 seems unlikely due to high …
China Property Jumps to Top Credit Risk in Bank of America Global Survey
(Bloomberg) — Chinese real estate is now seen as the number one source for the … Over Past Relationships With Colleagues The ratio of investors concerned about China’s housing sector more than …
China property crisis: Country Garden gets creditor approval to delay 6 bond repayments by 3 years as debt-saddled developer breathes again
It got the approval of creditors who voted to delay the repayment of six of eight onshore bonds for three years, according to people familiar with this matter It comes after the home builder narrowly…
Copper Falls as Dollar Gains with China Property Woes in Focus
(Bloomberg) — Copper declined after its biggest advance since late July, and other industrial metals lost ground, as traders assessed the outlook for China’s ailing property sector. Most Read from …
Chinese Property Market Now A Bigger Credit Risk Than U.S., EU, Survey Says
China’s property market is now the No. 1 concern for fund managers worried about a “global systemic credit event,” a new Bank of America survey says. A third of respondents cited Chinese real estate as…
METALS-Copper rises on relief for China’s property sector
Copper prices rose on Tuesday as a major Chinese property firm was able to extend its debt payments, relieving pressure in a the sector that accounts for a large share of metals demand. Country Garden…
China’s easing of property market curbs gives Beijing home sales a boost
New home sales in Beijing jumped last week, keeping property showrooms open late into the night to meet demand, in a sign government efforts to revive the sector are yielding some results in the …
Marketmind: China’s Weak Property Stocks Set the Pace
Country Garden, China’s biggest private developer, added to pressure on the sector at the centre of the country’s economic woes as it faces a new round of voting by creditors – the third this month…
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