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Beijing narrowly escapes having to cover the debts of developer Country Garden as it scrounges up a...
Fortune via Yahoo Finance· 3 days agoLast week, Country Garden revealed that it had missed an interest payment worth around 66 million...
Peru Zinc Miner Volcan to Avoid Debt Haircut, New Owner Says
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- Volcan Cia Minera SAA plans to make a series of debt payments through August and to...
Chinese Junk Bonds Jump to Three-Year High on Property Stimulus
Bloomberg via Yahoo Finance· 2 hours ago(Bloomberg) -- China’s junk dollar bonds are rallying to their highest level in three years amid...
China Property Stocks, Bonds Jump on Proposal for Home Purchases
Bloomberg via Yahoo Finance· 32 minutes ago(Bloomberg) -- Shares of Chinese developers jumped on optimism that Beijing will provide policy...
China Builder Agile Defaults for First Time on Dollar Bonds
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- Agile Group Holdings Ltd., a Chinese developer of villa apartments and high-rise...
Real estate lawyer explains what’s next for The Greene after bank files foreclosure
WHIO via Yahoo Finance· 14 hours agoAccording to court documents, Wells Fargo claims that The Greene defaulted on a loan because management failed to pay the total by its maturity date, which was December 1, ...
There Are Two Sides to Every Debt
The Dispatch via AOL· 3 days ago—is that every time the government steps in to provide relief to a class of borrowers at the expense of lenders, it makes lenders less likely to want to...
City responds to bank filing foreclosure notice on The Greene after millions in unpaid debt
WHIO via Yahoo Finance· 2 days agoThe original loans taken out in 2013 were for more than $137 million, according to the court...
Analysts reboot Alibaba stock price target after earnings
TheStreet via Yahoo Finance· 5 hours agoThe Chinese property sector crisis is facing a financial crisis sparked by the 2021 default of...
Aegon appoints Duncan Russell to succeed Matt Rider as Chief Financial Officer
Benzinga· 40 minutes agoAegon today announces the appointment of Duncan Russell (1978) as Chief Financial Officer (CFO), effective September 1, 2024. Duncan will succeed Matt Rider (1963), who will retire after over ...
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