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
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
Evergrande Seeks Approval in Courts for Restructuring Plan Vote
China Evergrande Group will be seeking approval in a Hong Kong court Monday to hold votes on its
2023-07-24 09:48
Rising Consumer Pain Triggers Wall Street Concern: Credit Weekly
US consumers, particularly those with lower incomes, are running into financial trouble as pandemic savings disappear, a headwind
2023-07-23 03:20
A $500 Billion Corporate-Debt Storm Builds Over Global Economy
Richard Cooper’s phone is a something of an early alarm bell for the global economy. Lately, it’s been
2023-07-19 07:17
China Developer Bonds on Cusp of Distress After Wanda Surprise
A gauge of Chinese high-yield dollar debt fell to the cusp of distress after one of the most
2023-07-18 11:24
Evergrande Pushes Restructuring After Posting $81 Billion Loss
China Evergrande Group is seeking to complete one of the country’s biggest debt restructurings after posting a combined
2023-07-18 10:50
TSMC, Infosys Earnings to Reveal Extent of Global Tech Downturn
Asia’s earnings season kicks off this week, with tech companies in the limelight after a few early disappointments
2023-07-17 09:21
Xi’s Central Bank Shakeup Prioritizes Continuity Over Big Change
Chinese President Xi Jinping’s elevation of a long-serving technocrat as the central bank’s top Communist Party official signals
2023-07-03 07:19
Biggest Crypto Stablecoin Tether Was Once Backed by Chinese Securities
Tether Holdings Ltd. once counted securities issued by Chinese companies among the reserves backing its USDT stablecoin, the
2023-06-16 21:27
China Considers Developing Domestic High-Yield Bond Market
Chinese regulators are considering promoting the development of the domestic high-yield bond market to expand financing channels for
2023-06-13 17:24
Hong Kong’s Office Towers Have Never Been So Empty
Hong Kong’s office towers, among the most expensive commercial real estate in the world, have never been this
2023-06-05 08:54