China's ultra-rich squeezed by slowing economy: Hurun rankingThe Hurun China Rich List, released Tuesday, said the total wealth of all individuals with a minimum net worth of 5 billion yuan ($691 mill...
China deploys tanks to prevent people from withdrawing money from crisis-hit banks; grim reminder of Tiananmen Square incidentThe country's Henan province has been for the past several weeks witnessing clashes between police and depositors with the latter saying th...
Evergrande shares plunge after reports of new missed paymentIn recent months, the company has repeatedly said it will finish its unfinished projects and deliver them to buyers in a desperate bid to s...
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...
The rise and demise of Chinese property giant EvergrandeAfter going public in 2009, Evergrande takes control of Chinese Super League club Guangzhou, renaming it Guangzhou Evergrande, and spends b...
Water tycoon is China's richest as wealth crackdown batters Jack MaBottled-water tycoon Zhong Shanshan has become China's wealthiest person, according to an annual ranking released Wednesday. He is worth $6...
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...
The rise and demise of Chinese property firm EvergrandeEvergrande started the business in 1996, targeting millions of middle-class Chinese climbing onto the property ladder across the rapidly ur...
Evergrande agrees deal to avoid default on key bond: CompanyEvergrande's property unit Hengda has said it had negotiated a plan to pay interest due on its 2025 bond, which Bloomberg News calculated w...
Crunch time for Evergrande, but no 'Lehman moment'While predominantly a developer, Evergrande -- which employs 200,000 people, has a presence in more than 280 cities and claims to indirectl...
Chinese property giant Evergrande under 'tremendous pressure'The group was downgraded by two credit rating agencies last week while its shares tumbled below their 2009 listing price, as a battery of b...
The self-made Chinese billionaire battling to save debt-mired EvergrandeThe 62-year-old -- also known as Hui Ka Yan in Cantonese -- was at one point China's richest man, with a taste for luxury labels, exclusive...
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...
Jeff Bezos to be 1st trillionaire by 2026?The Amazon founder, now aged 56, would become a trillionaire (with $1,000 billion) by 2026.
Billionaire list shows $1 trillion hit from 2018 market meltdownThe US had 584 billionaires, followed by Germany with 117.
Alibaba founder Jack Ma reclaims top spot among Chinese billionairesMa, 54, who last month made surprise announcement of his retirement as the executive chairman of the USD 420 billion e-commerce giant, has ...