The last-ditch effort by another Chinese EV maker follows bankruptcy proceedings facing two units of real estate developer China Evergrande...

The investor - Vanward, a Shenzhen-listed electric appliance manufacturer - cited a dispute with the Evergrande unit Guangzhou Kailong Real...

China Evergrande New Energy Vehicle announced on Monday that a local court had directed two of its units to undergo bankruptcy and reorgani...

Evergrande was once China's biggest real estate firm, a giant in a sector that ballooned as property became the foundation of a burgeoning ...

Country Garden -- one of China's biggest property developers -- had racked up debts estimated at 1.43 trillion yuan ($196 billion) by the e...

The move comes after the company said in a filing on Friday that it had "fulfilled the resumption guidance" set out by the bourse, includin...

The move protects it from creditors in the US while it works on a restructuring deal elsewhere. The Chinese homebuilder's Chapter 15 petiti...

China's troubled developer, Evergrande, has requested a US court to approve a restructuring plan for foreign bondholders and affirmed that ...

Shares of China-exposed luxury heavyweights LVMH, Kering and Hermes fell between 0.6% and 1.2% on heightened concerns of weak economic grow...

From the Sensex pack, HCL Tech, TCS, Wipro, Tech Mahindra, and Infosys opened with cuts, whereas only NTPC, L&T, Bharti Airtel, and Sun Pha...

The company sought protection under Chapter 15 of the US bankruptcy code, which shields non-US companies that are undergoing restructurings...

Investors now await Fed Chair Jerome Powell to deliver a talk on the economic outlook on Aug. 25 at the central bankers' confab held each y...

Fitch Ratings had placed the Chinese property developer in its “restricted default” category. But instead of resolving questions about the ...

Meanwhile, the broader Chinese property sector has come under pressure, with new-home prices falling for the first time in six years in Sep...

Evergrande started the business in 1996, targeting millions of middle-class Chinese climbing onto the property ladder across the rapidly ur...

"The IL&FS situation could've been like Evergrande without govt's intervention."

While predominantly a developer, Evergrande -- which employs 200,000 people, has a presence in more than 280 cities and claims to indirectl...