Thungela’s Profit Drops on Cheaper Coal, South African Rail
South African coal exporter Thungela Resources Ltd. saw profits plunge by 69% in the first half of the
2023-08-21 22:45
China’s State Developers Warn of Losses as Crisis Spreads
China’s state-owned property developers are warning of widespread losses, fueling concerns that the housing crisis is expanding from
2023-08-18 11:57
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
2023-08-17 11:53
China 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
2023-08-16 10:59
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
2023-08-15 13:27
Blackstone Eyes Japan Property After Selling $4.5 Billion
Blackstone Inc. is exploring more acquisitions in Japanese real estate, after selling about $4.5 billion worth in the
2023-08-14 13:55
Country Garden Crisis Deepens as Unit Halts Local Bond Trading
A crisis at Country Garden Holdings Co., formerly China’s biggest developer, deepened at the start of the week
2023-08-14 11:25
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
2023-08-14 11:15
Country Garden Poses New Risk for China’s Economy
One of China’s largest developers is wobbling and has less than 30 days to avoid a default on
2023-08-13 03:24
South Africa’s Ex-Leader Zuma Is Freed as Thousands Released
South African President Cyril Ramaphosa granted clemency to thousands of non-violent offenders, including his predecessor Jacob Zuma who
2023-08-11 20:48
Once China’s Top Builder, Country Garden Turns Into Penny Stock
Country Garden Holdings Co., formerly China’s largest developer by sales, has become a Hong Kong penny stock amid
2023-08-11 11:16
Country Garden Billionaire Bags Big Payouts as Default Looms
Country Garden Holdings Co. bondholders are setting their sights on the company’s billionaire Chair Yang Huiyan to see
2023-08-10 22:23