Chinese property giant Country Garden flags loss of up to $7.6 billion as it nears default
One of China's biggest property developers says it has burned through up to $7.6 billion in the first half of the year, compounding the crisis coursing through the country's embattled real estate sector.
2023-08-11 14:29
Country Garden shares hit record low on loss forecast, restructuring fears
By Clare Jim HONG KONG (Reuters) -Shares of China's largest private property developer Country Garden plunged to a record low
2023-08-11 11:22
Niger coup: West African nations to assemble 'standby force'
Ivory Coast's leader said the Ecowas bloc had approved military intervention "as soon as possible".
2023-08-11 05:15
She lost more money than anyone on Bloomberg's billionaires list since Covid. China's property crisis is to blame
Yang Huiyan, the chair of real-estate giant Country Garden and one of China's richest women, has lost more wealth than any billionaire in the world in the past two years, Bloomberg reported Wednesday, as her building conglomerate sits on the edge of default.
2023-08-10 06:51
Analysis-Latest China developer debt woes could spur policy aid, but industry downbeat
By Clare Jim HONG KONG News that big developer Country Garden was not able to make $22 million
2023-08-09 19:54
Five people killed in Cape Town taxi strike violence
A police officer and a British national are among those killed since the strikes began, police say.
2023-08-09 03:19
Country Garden misses bond payments as China property fears flare
By Clare Jim HONG KONG (Reuters) -Country Garden said on Tuesday it has not paid two dollar bond coupons due
2023-08-08 15:15
Jamaica 0121 Festival: Thousands celebrate independence
A free event to celebrate 61 years of Jamaica's independence takes place in Birmingham.
2023-08-07 01:16
Minibus plunges down Morocco ravine killing 24
It is reported to be one of deadliest accidents in the country, which has a poor road-safety record.
2023-08-06 23:57
Imran Khan: The cricket hero bowled out as Pakistan's PM
Imran Khan was elected on promises to fix corruption and the economy but struggled to deliver.
2023-08-05 19:58
South Ossetia profile
Provides an overview of South Ossetia, including key facts about this breakaway Georgian territory.
2023-08-02 23:20
Abkhazia profile
Provides an overview of Abkhazia, including key facts about this breakaway Georgian territory.
2023-08-02 23:20