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Top News In Reale1 Today - Breaking & Trending Today
Some offshore bondholders of embattled Chinese developer Kaisa Group who did not receive coupon payments this month have tapped investment bank Moelis & Co to advise them on the matter, a source with direct knowledge told Reuters on Tuesday. ....
Most major stock markets in the Gulf fell in early trade on Monday, with the Saudi index leading the losses a day after its biggest one-day fall in over a year following drone attacks. ....
The Philippine peso fell to a more than three-week low against a strong U.S. dollar and led losses among emerging Asian currencies on Monday, as hawkish comments from several U.S. central bankers hurt regional risk sentiment. ....
Jabal Omar Development Company , one of Saudi Arabia's largest listed developers, said on Sunday it agreed to restructure a 3 billion riyals ($799.91 million) loan it owed to the government as part of plans to fix its finances. ....
Chinese property firms saw their battered bonds cement a strong weekly bounce on Friday, although there was one notable absentee from the rally: China Evergrande Group. ....