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Shares of China Evergrande's EV unit soar after liquidators' stake sale dealShares of China Evergrande New Energy Vehicle Group doubled after liquidators agreed to sell a stake in the EV maker.- China 2023 economic growth tipped to be weakest in decadesChina's economy is anticipated to reveal its weakest annual growth in over three decades in 2023, likely expanding by 5.2%, according to ex...
- Country Garden default talk swirls as offshore debt deadline passesCountry Garden reiterated on Wednesday that it expects to be unable to meet all of its offshore debt obligations and hopes to seek a "holis...
- China's 2022 growth seen as its lowest in 40 yearsTen experts interviewed by AFP forecast an average 2.7 percent year-on-year rise in gross domestic product (GDP) for the world's second-lar...
- China's Evergrande defaults: What happens next?A slowdown in the Chinese real estate sector, which accounts for a significant proportion of the country's economic output, could have ripp...
- China's Evergrande: How will a 'controlled demolition' impact the economy?Evergrande, a real estate giant with a presence in over 280 Chinese cities, was the most prominent developer to pay the price for Beijing's...
- Global economy rebounds, but for how long?The world economy woke up from its pandemic-induced coma in 2021, but soaring inflation, global supply chain bottlenecks and a resurgent co...
- Explainer-China's embattled developer Kaisa Group and the chairman behind itKaisa has more than $59 million in interest payments due on Thursday and Friday, with 30-day grace periods for both. It was not immediately...
- Ahead of Market: 12 things that will decide stock action on FridayGaurav Ratnaparkhi of Sharekhan said that during the day, Nifty50 breached a rising trendline on the hourly chart and went down to test its...
- Stocks end mixed on Wall Street, still notch weekly gainsWall Street capped a choppy day of trading Friday with an uneven finish for the major stock indexes, as losses for several large technology...
- 5 world market themes for the week aheadInflation angst and soaring energy prices form the backdrop to the start of third-quarter U.S. earnings season in the coming week.Annual me...
- View: If India has to take on China, it must understand China and its future intentionsWith China well ahead of India militarily and economically, their argument for building strategic alliances - to counter China's 'wolf-warr...
- Cash-strapped Evergrande Group to sell $1.5 billion stake in Shengjing Bank to state firmShengjing Bank, one of the main lenders to Evergrande, had demanded that all net proceeds from the disposal be used to settle the financial...
- Japanese shares give up early gains as investors book profitsJapan's ruling Liberal Democratic Party is set to hold an election to choose a new leader, who is set to become the country's next prime mi...
- Ahead of Market: 12 things that will decide stock action on WednesdayMazhar Mohammad of Chartviewindia.in said that even as Nifty50 recoiled smartly from the intraday day low of 17,326, it may still remain vu...
- Ahead of Market: 12 things that will decide stock action on TuesdayMazhar Mohammad of Chartviewindia.in said this market may be changing its trajectory from 'buy on dips' to 'sell on rallies' mode.
- Shanghai stocks edge up while blue-chip index dropsChina's CSI300 Real Estate Index surged 5.8% as China Evergrande Group's moves to ease its liquidity stress soothed concerns toward the ind...
- Investors lose $1 trillion in China’s wild week of market shocksThe nearly $1 trillion selloff ignited by Beijing’s shock ban on profits at tutoring companies has triggered a new round of soul searching ...
- China shares end higher as financials lead reboundThe blue-chip CSI300 index was up 0.18%, with its financial sector sub-index higher by 1.14%, the consumer staples sector up 0.3% and the h...
- Xiaomi poised to become a billionaire factory with its IPOXiaomi last week filed for a debut that will value the company at $50 billion to $100 billion.
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