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Top News In Reale1 Today - Breaking & Trending Today

China property firms' shares, bonds hit as Yango seeks new extension

Chinese developers' shares and bonds stumbled on Tuesday on worries over spreading financial contagion, as sources said one of the country's top 20 homebuilders is seeking a new extension for its onshore debts. ....

Hong Kong , Xiao Han , Stephen Coates , Nick Macfie , Andrew Galbraith , Clarence Tam , Thomson Reuters Trust Principles , Fitch Ratings , Moody Investors Service , Yuzhou Group Holdings Co , Ronshine China Holdings , Yango Group Co , Yango Group , Dagong Global Credit Rating Co On , Zhenro Properties Group , China Chengxin International , China Evergrande Group , Investors Service , Chengxin International , Duration Finance , Its Shenzhen Traded April , Scenery Journey , Avenue Asset Management , Steven Bian , Thomson Reuters Trust ,

Major Gulf bourses rise in early trade

Most stock markets in the Gulf rose in early trade on Monday, with the Saudi index on course to end a four-day losing streak. ....

Saudi Arabia , United Arab Emirates , Abu Dhabi Commercial Bank , Abu Dhabi , Abuz Aby , Gareth Jones , Hussain Sajwani , Ateeq Shariff , Thomson Reuters Trust Principles , First Abu Dhabi Bank , Dr Sulaiman Al Habib Medical Services Group , Emaar Properties , Saudi Aramco , Al Rajhi Bank , Emirates Telecommunications Group , Emirates Integrated Telecommunications , Crown Prince Mohammed , Bengaluru Editing , Thomson Reuters Trust ,

Founder sees DAMAC takeover complete by March

Dubai property tycoon Hussain Sajwani's investment vehicle said on Monday he and "associated group members" now own 91.65% of DAMAC Properties in a buyout of minority shareholders expected to be completed by the end of March. ....

United Arab Emirates , Hussain Sajwani , Emelia Sithole Matarise , Alexander Cornwell , Thomson Reuters Trust Principles , His Maple Invest Co , State Street , Thomson Reuters Trust ,

Saudi Arabia's SRC signs refinancing agreement for $2.7 bln property portfolio

Saudi Real Estate Refinance Company (SRC) has signed a partnership agreement with Real Estate Development Fund (REDF) to refinance a real estate portfolio worth 10 billion riyals ($2.7 billion), SRC said in a statement. ....

Saudi Arabia , United Arab Emirates , Abuz Aby , Mark Potter , Fabrice Susini , Thomson Reuters Trust Principles , Organisation For Social Insurance , Saudi Real Estate Refinance Company , Real Estate Development Fund , Fannie Mae , Public Investment Fund , Real Estate Refinance Company , General Organisation , Social Insurance , Yousef Saba Editing , Louise Heavens , Thomson Reuters Trust ,

China's Modern Land says bond default triggers earlier repayment deadlines, pulls dividend

Chinese developer Modern Land (China) said on Monday a default on a bond repayment last week has pulled forward repayment dates for a further $321 million worth of notes, and the company withdrew an interim dividend to hold on to cash. ....

Arundhati Dutta , Sriraj Kalluvila , Thomson Reuters Trust Principles , China Evergrande Group , Modern Land , Thomson Reuters Trust ,