China South City narrowly averted a default on a dollar-denominated bond, after creditors approved changes to one of its five bonds totalling US$1.35 billion on deadline day.
Investors still view Chinese stocks as too risky to dive into after a record streak of losses on the mainland and Hong Kong bourses. Concerns about a banking crisis have emerged, compounding the housing market slump.
Revolutionary Forces United in Fighting Myanmar Junta on, off Battlefield: NUG Foreign Minister irrawaddy.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from irrawaddy.com Daily Mail and Mail on Sunday newspapers.