Chinese property giant Evergrande and its biggest foreign creditors are negotiating an 11th-hour deal to prevent a ...
Shares of debt-laden property developer China Evergrande Group soared on Tuesday after they resumed trading in Hong Kong following a suspension last week. By midday, Evergrande’s shares were up ...
The defaulted company has until a Hong Kong court hearing on Monday to present a "concrete" revised debt restructuring ...
HONG KONG: China Evergrande has proposed a new debt restructuring plan for offshore bondholders, offering to swap their debts into about a 30 per cent equity stake in each of the developer's two ...
Bill McColl has 25+ years of experience as a senior producer and writer for TV, radio, and digital media leading teams of anchors, reporters, and editors in creating news broadcasts, covering some ...
Mack Wilowski is a staff writer for Investopedia, focusing on breaking news stories, earnings previews, and company-specific insights and analysis. Previously, he was an associate editor for ...
Being a fintech company has been tough in the last couple of years. Amid rising interest rates, deteriorating investor sentiment toward the tech sector, and fears of a recession continuing to ...
Sunac says its bonds were exchanged for a combination of convertible bonds, dollar-denominated notes, mandatory convertible bonds and shares in its subsidiary The company's shares jumped as much as 27 ...
US oil giant Chevron has sold its NZ Caltex chain to Z Energy. Z Energy shares have soared 21 per cent today after the news it has signed a $785 million agreement to acquire Chevron New Zealand's ...
MADRID (Reuters) - Grifols shares soared on Thursday after the Spanish drugmaker upgraded its annual profit outlook following a strong quarter. Grifols, which posted a third-quarter net profit of 60 ...
Target on Wednesday forecast holiday-quarter profit largely above Wall Street expectations as the big-box retailer benefits from easing supply chain costs and its efforts to control inventory ...
HONG KONG, Nov 1 (Reuters) - China Evergrande (3333.HK) has proposed a new debt restructuring plan for offshore bondholders, offering to swap their debts into about a 30% equity stake in each of ...
