Country Garden Default Would Be Worse Than Evergrande, BI Says
A debt crisis that rivals China Evergrande Group’s default may be brewing in the world’s second-largest economy. Some
2023-08-09 14:27
Country Garden Shares, Bonds Sink as Holders Yet to Get Coupons
Chinese developer Country Garden Holding Co.’s stock and bonds plunged as noteholders said they haven’t received coupon payments
2023-08-08 16:16
Global Switch Weighs Carving Up $6 Billion Data Center Empire
Global Switch Holdings Ltd.’s Chinese owners are considering carving up the data center group in the hopes of
2023-08-07 09:50
Paapa Essiedu warns film fans not to bet on him being next 007!
As speculation over who will be named the next James Bond reaches fever pitch, Paapa Essiedu is warning film fans not to bet on him being cast as the super-spy.
2023-08-04 19:17
Country Garden Is Said to Cancel $300 Million Share Placement
Country Garden Holdings Co. canceled a HK$2.34 billion ($300 million) stock offering in the latest setback for one
2023-08-01 10:28
Country Garden Faces $2.9 Billion of Bond Payments as Woes Mount
Country Garden Holdings Co. faces $2.9 billion in bond payments for the rest of the year, with the
2023-08-01 08:50
A Record $90 Billion in Ship Orders Loom Over Boom-Bust Industry
The world’s biggest shipping companies are plowing their pandemic windfalls into orders for new vessels on an unprecedented
2023-07-31 13:18
Xi Protege’s Sudden Removal Adds to Rough Start for Third Term
The sudden ouster of Xi Jinping’s handpicked foreign minister is the latest example of how the Chinese president’s
2023-07-27 14:57
Top Battery-Maker CATL’s Profit Soars 63% Amid EV Sales Boom
Chinese battery maker Contemporary Amperex Technology Co. Ltd.’s quarterly profit soared, powered by rising electric-vehicle sales globally and
2023-07-26 10:23
JPMorgan Sees 35% Downside for Country Garden as Woes Mount
Shares of Country Garden Holdings Co. are expected to drop 35% as liquidity concerns surrounding China’s private builders
2023-07-24 17:48
The Only Thing Keeping South Africa From Chaos Is Its Private Sector
On a recent sunny afternoon, Joshua Radebe patted down asphalt into a neatly filled pothole on a busy
2023-07-21 07:26
Biggest African Port to Be Partially Privatized
Africa’s biggest harbor will be partly owned and operated by the Philippines’ International Container Terminal Services Inc., a
2023-07-18 01:56