China Evergrande Group has filed for protection from creditors in a US bankruptcy court as part…
Tag: china evergrande
Broken promises of Chinese property developers undermine investor confidence
Since last summer, when China Evergrande Group’s financial troubles triggered a selloff in the bonds of…
Sales of Chinese developers fall in January
January contract sales reports released in recent days by more than a dozen Chinese developers showed…
China Evergrande’s electric-vehicle business warns of a cash squeeze
The ever-high-flying electric-vehicle unit of China Evergrande Group warned it was facing a “severe shortage of…
Investors reject Fed taper signal, Sensex closes to 60,000
India’s benchmark Sensex fell within sniffing distance of the 60,000 milestone on Thursday as shares rallied…
Evergrande raises China’s concerns, iron ore prices fall
The crisis at property developer China Evergrande Group is driving iron ore prices down, as investors…