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Weekly Commentary: Powell Building Credibility

Powell is an admirer of Paul Volcker’s fortitude, and he’s clearly drawing inspiration from the legendary Fed Chairman. ....

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Chinese developer Evergrande's unit ordered to pay out US$1.1bil

HONG KONG: Struggling developer China Evergrande Group said on Sunday that one of its subsidiaries, Evergrande Group (Nanchang) Co, Ltd, had been ordered to pay a guarantor 7.3 billion yuan ($1.08 billion) for failing to honour its debt obligations. ....

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Chinese developer Evergrande's unit ordered to pay out $1.1 billion | WSAU News/Talk 550 AM · 99.9 FM

HONG KONG (Reuters) - Struggling developer China Evergrande Group said on Sunday that one of its subsidiaries, Evergrande Group (Nanchang) Co, Ltd, ha. ....

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China Evergrande's snowballing debt crisis

Some offshore bondholders of China Evergrande Group did not receive coupon payments by the end of a 30-day grace period, four people with knowledge of the matter said, pushing the cash-strapped property developer closer to formal default. ....

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China Evergrande : Evergrande's $2.6 billion unit stake sale fails as Chinese officials seek to calm nerves

HONG KONG/SHANGHAI -Teetering Chinese property giant China Evergrande formally abandoned plans to sell a $2.6 billion stake in one of its key units on Wednesday, as Beijing officials went out in. | October 20, 2021 ....

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