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…

Contagion fears spread as China property sector cash crunch intensifies

[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 HONG KONG/BEIJING, Aug 14…

Spain to more than halve subsidy for firms specialised in letting property

[ad_1] MADRID, Oct 13 (Reuters) – Spain’s government will slash the fiscal subsidy it provides to companies specialised in renting out properties to 40% in 2022, more than halving the…