Ping An loses $2.1 billion in market value, China property rallies on Country Garden rescue report

[ad_1] Company logo of Ping An Insurance Group is shown at a news conference following the company’s announcement of its annual results in Hong Kong, China March 16, 2016. REUTERS/Bobby…

SoftBank’s WeWork, once most valuable US startup, succumbs to bankruptcy

[ad_1] Nov 6 (Reuters) – WeWork, the SoftBank Group-backed startup whose meteoric rise and fall reshaped the office sector globally, sought U.S. bankruptcy protection on Monday after its bets on…

India’s LIC Housing Finance beats Q2 profit view on loan demand

[ad_1] BENGALURU, Nov 1 (Reuters) – India’s LIC Housing Finance (LICH.NS) reported a second-quarter profit on Wednesday that was slightly ahead of analysts’ estimates on the back of healthy demand…

Hong Kong seeks fresh economic edge while steeling security in policy blueprint

[ad_1] New national security laws to be tabled in 2024 Economic growth of 4-5% expected in 2023 Property transaction fees halved for some buyers Stock transaction fees shaved from 0.13%…

Country Garden default on dollar bond declared for first time -Bloomberg News

[ad_1] The company logo of Chinese developer Country Garden is pictured at the Shanghai Country Garden Center in Shanghai, China August 9, 2023. REUTERS/Aly Song/File Photo Acquire Licensing Rights Oct…

China’s Country Garden offshore debt default looms

[ad_1] The company logo of Chinese developer Country Garden is pictured at the Shanghai Country Garden Center in Shanghai, China August 9, 2023. REUTERS/Aly Song/File Photo Acquire Licensing Rights SYDNEY,…

Canada targets Airbnb, others to ease rental shortage

[ad_1] Canada’s Deputy Prime Minister and Minister of Finance Chrystia Freeland speaks during a panel on the fourth day of the annual meeting of the IMF and the World Bank,…

Country Garden on brink of default as payment deadline nears

[ad_1] HONG KONG, Oct 17 (Reuters) – Country Garden’s (2007.HK) entire offshore debt will be deemed to be in default if China’s largest private property developer fails to make a…

Goldman profit tops estimates as dealmaking cushions hit from GreenSky, real estate

[ad_1] The ticker symbol and logo for Goldman Sachs is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., December 18,…

Sweden braces as property storm clouds darken

[ad_1] Sweden’s property prices slide Top residential landlord reveals search for cash Government ready to help sector but hopes to avoid STOCKHOLM, Sept 15 (Reuters) – For months, Sweden’s government…