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Transcripts For BBCNEWS Asia 20240703

Further complicate evegrande s restructuring. Sol so i think with the chairman of ever grand arrested, the talk with creditors is going to take a much longer time. With the Police Investigation ongoing, creditors will need to wait for a longer time until the Police Investigation results come out. They have negotiated with the company for over two years com pa ny for over two yea rs about company for over two years about the terms of the restructuring, but the restructuring, but the Restructuring Plan rings more trouble as they have denied to issue the shares for ever grand. Totally different Restructuring Plan or they need to wait for an even longer time, by the investigation by the police will come out. Investigation by the police will come out. Catherine, you know, will come out. Catherine, you know. About will come out. Catherine, you know, about government know, about government policies. Buyers that paid deposits for their flats, or get their units back, its about ensuring that Pr

Transcripts For BBCNEWS Newsday 20240703

Live from our studio in singapore. Welcome to the programme. Starting with news in the us where its been a busy day for politics with President Biden at the centre of events both willingly, and unwillingly. The day began with the republicans in Congress Launching Impeachment Hearings they accuse him of profiting from his sons Business Ventures while serving as vice president. Its worth noting that several previous investigations, including one by thejustice department, hasnt found any evidence of that but the republicans say there is a case to answer. The house has uncovered amount of evidence Thatjoe Biden abused his Public Office for his financial gain. For years hes lied to the American People about his knowledge of and his participation in his familys corrupt business schemes. While that was happening in washington President Biden was making his way to arizona, where he made the latest of his set piece speeches as he campaigns for re election. This one was about threats to democrac

China Evergrande s ex-CEO sells Hong Kong home at almost half of purchase price

China Evergrande's former CEO, who Chinese regulators recently said was "uncontactable", has sold his home in Hong Kong at a loss of HK$74 million ($9.48 million) from the purchase price, according to a property agent. Xia Haijun last month sold a 2,834 net sq ft (263 sq m) five-bedroom duplex flat in North Point Mid-Levels district on Hong Kong island for HK$82 million, said Gary Lam, a senior sales director at real estate agency Centaline. Xia, who stepped down from the embattled Chinese developer in 2022 after an internal probe found he was involved in diverting loans worth $2 billion secured by unit Evergrande Property Services to the group, bought the flat from New World Development in 2019, according to records from the Land Registry.

China s securities watchdog imposes record fine on Evergrande for fraud in stern warning to violators

China s securities watchdog imposes record fine on Evergrande for fraud in stern warning to violators
globalsecurity.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globalsecurity.org Daily Mail and Mail on Sunday newspapers.

Chinese property giant Evergrande fined US$577 million for fraudulent bond issuance

Chinese property giant Evergrande fined US$577 million for fraudulent bond issuance
channelnewsasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from channelnewsasia.com Daily Mail and Mail on Sunday newspapers.

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