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Despite country garden's last-gasp payment, china's property sector remains in crisis: two-thirds of its developers with most offshore debt are defaulters
One of China's largest developers averted a debt default Monday after paying two coupons during the gra...
September 5, 2023, 6:45 am
60pc of small businesses can’t repay their loans
Six out of 10 micro and small enterprises (MSEs) had defaulted on their loans by the end of June, refle...
September 5, 2023, 6:14 am
Dassault systemes: growth inflecting upwards
Dassault Systemes is experiencing a slowdown in the current quarter but expects an uptick of growth in ...
September 5, 2023, 5:45 am
Forexlive asia-pacific fx news wrap: china sentiment slump: country garden worry, poor pmi
China's Country Garden has paid coupons of USD22.5mn - avoids defaultEuropean Central Bank President La...
September 5, 2023, 3:34 am
China's country garden has paid coupons of usd22.5mn - avoids default
Country Garden was due to make the payments today, otherwise the 'grace peiod' would have expired leaving the firm open to def...
September 5, 2023, 3:24 am
Country garden dodges default by making last minute debt payments, state media reports
Country Garden, the embattled Chinese real estate firm, made late interest payments on two US dollar bonds shortly before the end of a 30-day grace pe...
September 5, 2023, 3:18 am
China's country garden seeking to extend payments of another 7 onshore bonds by 3 years
Earlier on the property developer:Chinese developer Country Garden has only hours to meet US$22.5mn paymentsInfo crossing now that the firm is reporte...
September 5, 2023, 3:08 am
Aud, nzd, cnh all down: china pmi disappoints, worries re country garden potential default
CAD lower also. EUR and GBP dribbling along lonwer for the ride too. China's PMI was ugly:Chinese Caixin Services PMI for August 51.8 (expected 53.6, ...
September 5, 2023, 2:43 am
Country garden avoids default with last-minute coupon payments
Chinese developer Country Garden Holdings Co. has paid coupons on two dollar bonds within grace periods, avoiding its first def...
September 5, 2023, 2:35 am
Chinese developer country garden has only hours to meet us$22.5mn payments
Chinese developer Country Garden Holdings missed coupon payments in early August. The 'grace period' for the first of these finished up today and tomo...
September 5, 2023, 2:33 am
Renault ceo sees ampere ipo valuation of up to 10 bln euros -ft
The initial public offering (IPO) of Renault's Ampere electric vehicle division could get a valuation o...
September 5, 2023, 1:57 am
China's country garden makes overdue dollar-bond payments, narrowly avoiding default
The property giant paid $22.5 million in coupons to international bondholders just before the end of a 30-day grace period....
September 5, 2023, 12:54 am
Country garden faces second debt challenge in days as offshore payment comes due
China's largest private property developer, Country Garden , faces a deadline for making interest payments on two U.S. dollar bonds on Tuesday, just d...
September 4, 2023, 9:13 pm
Can country garden avoid default on dollar bonds?
The clock is ticking on Country Garden Holdings Co. to avoid what would be its first default. The Chin...
September 4, 2023, 8:36 pm
Chinese electric vehicle makers ‘a generation' ahead – renault boss
Chinese manufacturers are years ahead of European firms in the development of cheap electric vehicles, Renault...
September 4, 2023, 8:48 am
Yen and dollar weaken as china’s property sector news lifts sentiment
Japanese Yen and Dollar are experiencing broad declines today, as rebound in Chinese and Hong Kong stocks that buoyed overall market sentiment. The mo...
September 4, 2023, 8:06 am
Renault ceo: 'we are ready to engage' in fight with chinese competitors
Renault CEO Luca De Meo goes over the French carmaker's plans to deal with Chinese competition in the E...
September 4, 2023, 4:58 am
Renault ceo: china very competitive on electric vehicles, europe needs to catch up
Renault's chief executive Luca de Meo said on Monday that China was 'very competitive' in terms of the ...
September 4, 2023, 2:46 am
Country garden gets 'near-term reprieve' after bondholders agree to extend debt payment
Investors in embattled Chinese property giant Country Garden are breathing a collective sigh of relief Monday, after it reportedly won approval from c...
September 4, 2023, 2:42 am
China developer country garden said to have wired ringgit bond coupon
Country Garden Holdings Co. has wired a coupon payment coming due on a ringgit-denominated bond, according to people familiar with the matter. The di...
September 3, 2023, 7:37 pm