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CHINA EVERGRANDE LAWSUIT
China Evergrande fiasco: Court stops PwC International's attempt to distance itself from its local arm's doingsPricewaterhouseCoopers International's attempt to exit the multibillion-dollar Evergrande lawsuit has been dismissed by a Hong Kong court. ...- EY, PwC ‘Chinese Walls’ under spotlight amid insider trading allegationsAllegations of insider trading against EY and PwC partners in India have raised concerns about the effectiveness of 'Chinese walls' and int...
- PwC troubles in China deepen with exit of Hong Kong partnersPricewaterhouseCoopers faces escalating challenges in Hong Kong due to its involvement in the China Evergrande Group audits. The firm is ex...
- Evergrande faces final chance to avoid liquidation by HK court“If Evergrande fails to deliver an improved restructuring plan that meets the demands of the ad hoc group of creditors, the Hong Kong court...
- Inside the downfall of embattled property developer China EvergrandeFor two decades, starting in the mid-1990s, this approach was enormously lucrative as Chinese home prices soared. It transformed Hui, a for...
- Crypto plunge gives Indian investors the jittersThe broader market was already in a bear phase, but Bitcoin faced an 8% plunge on August 18 as Elon Musk's SpaceX reportedly divested its B...
- China Evergrande faces winding-up lawsuit in Hong KongEvergrande in a filing at the time said the appointment of receivers and potential sale of relevant secured assets "would not have material...
- China developer Kaisa pleads for help, 'patience' as sector's debt woes mountThe troubles of China Evergrande Group, the world's most indebted developer, have reverberated throughout China's real estate sector, spark...
- China: Crunch time for Evergrande as unit sale collapsesMeanwhile, the broader Chinese property sector has come under pressure, with new-home prices falling for the first time in six years in Sep...
- Wall Street ends near flat on cautious note ahead of FedTrading was choppy, with the Dow and S&P 500 erasing session gains just before the close, while the Nasdaq finished slightly higher.
- Evergrande gave workers a choice: Loan us cash or lose your bonusSome workers tapped their friends and family for money to lend to the company. Others borrowed from the bank. Then, this month, Evergrande ...
- Evergrande gave workers a choice: Loan us cash or lose your bonusEvergrande is on the hook to buyers for nearly 1.6 million apartments, according to one estimate, and it may owe money to tens of thousands...
- Why China’s economy is threatened by a property giant’s debt problemsConsidered as the world’s most debt-saddled property developer, Evergrande has been on life support for months. It has more than $300 billi...
- The world’s billionaire factory shudders as China cracks downBeijing’s motivations for the crackdown are varied. These include concerns about anti-competitive behaviour in the tech industry, risks to ...
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