Distressed developer China Evergrande will sell a half-stake in its property management unit to Hopson Development for more than $5 billion, Chinese media said on Monday, after both Evergrande and …
China’s economic progress, stability benefiting the world
It plans to open at least 10 plants during China’s 14th Five-Year Plan period (2021-25) to ramp up its production capacity in the nation to meet growing demand. “Over the years, the opening-up …
Investing in China: Will there be a bailout from the Chinese government and what’s the outlook for equities?
China has been flexing its regulatory muscles of late. It started with a clamp down on the tech titans last year, when the likes of Tencent and Alibaba were seemingly getting too big for their boots.
China Evergrande and Evergrande Property’s Hong Kong Shares Suspended
Shares of China Evergrande Group’s (HK:3333) in Hong Kong were suspended on Monday after some bondholders said the developer missed a second key bond interest payment in the past week. Shares of …
CBFS awarded ‘Most Innovative Mobile Trading Application in Qatar’ by International Finance Magazine
Commercial Bank Financial Services (CBFS), a fully owned subsidiary company of Commercial Bank Group, has received the ‘Most Innovative Mobile Trading Application’ award in Qatar, for 2021, from the …
Former NASCAR driver John Wes Townley killed in Athens, Georgia double shooting
Townley, who spent nearly a decade competing in multiple NASCAR national touring series, was killed Saturday in a double shooting in Athens, Georgia.
Monetary Authority of Singapore and Bank Negara Malaysia to Support Efficient Real-Time, Cross-Border Payments
The Monetary Authority of Singapore (MAS), the nation’s reserve bank and financial regulator, and Bank Negara Malaysia (BNM). the central bank of the Southeast Asian country, revealed that they are …
Bombshell international investigation opens ‘Pandora’ box of financial secrets
Nearly 3 terabytes of data in 12 million files leaked to group of 600 journalists from 150 media outlets in 117 countries, in report dubbed ‘Pandora Papers’ …
‘Pandora Papers’ investigation sheds light on secretive financial dealings of royalty, politicians, religious leaders and the global elite
This is where our missing hospitals are,’ Oxfam International bristles. ‘Global tax evasion fuels global inequality,’ observes Green Party member …
‘Pandora Papers’ investigation sheds light on secretive financial dealings of royalty, politicians, religious leaders and the global elite
This is where our missing hospitals are,’ Oxfam International bristles. ‘Global tax evasion fuels global inequality,’ observes Green Party member …