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Flurry of China Rating Withdrawals by Moody's Flags Defaults

Flurry of China Rating Withdrawals by Moody's Flags Defaults
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FTSE 100 Live: Stocks to shut higher as Standard Chartered drives gains

FTSE 100 Live: Stocks to shut higher as Standard Chartered drives gains
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Country Garden restructuring fears deepen concerns about China property sector

HONG KONG: Fears that Chinese property giant Country Garden was preparing for a debt restructuring sent its securities to a record low on Friday (Aug 11) and deepened concerns about the property sector outlook in the absence of stronger support from Beijing. The country's top private property developer, wh

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China property giant warns of up to $7.6bn loss

China property giant warns of up to $7.6bn loss
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