Country Garden dodges default by making last minute debt payments, state media reports
Country Garden, the embattled Chinese real estate firm, made late interest payments on two US dollar bonds shortly before the end of a 30-day grace period, avoiding an imminent debt default, according to multiple state media reports.
2023-09-05 15:22
Chevron Says Seeking Solution as 24-Hour LNG Strikes Planned
Chevron Corp. liquefied natural gas workers in Australia threatened two weeks of 24-hour rolling outages at two major
2023-09-05 14:48
Australia's RBA holds rates steady for 3rd month in Lowe's last meeting
By Stella Qiu SYDNEY Australia's central bank on Tuesday kept interest rates steady for a third straight month
2023-09-05 13:29
Paytm Founder Says He’s Looking for Chances to Raise Stake
Billionaire Vijay Shekhar Sharma, the founder and chief executive officer of India’s biggest digital payments company, said he’ll
2023-09-05 12:48
Country Garden Pays Dollar Bond Interest Within Grace Period
Chinese developer Country Garden Holdings Co. told creditors that it’s paid coupons of two dollar bonds within grace
2023-09-05 12:16
OpenAI CEO Sam Altman First Person to Get Indonesian Golden Visa
OpenAI Chief Executive Officer Sam Altman is the first person to get an Indonesian golden visa as Southeast
2023-09-05 11:53
Goldman Cuts US Recession Chances to 15% on Improved Inflation
Goldman Sachs Group Inc. now sees a 15% chance the US will slide into recession, down from 20%
2023-09-05 11:28
Alibaba Cloud Eyes State Firms for Up to $3 Billion Funding
Alibaba Group Holding Ltd.’s cloud division is weighing a private round to raise funds from Chinese state-owned enterprises
2023-09-05 11:26
Australia economy gets a boost from visitors, infrastructure splurge
By Wayne Cole SYDNEY Australia's export volumes jumped in the June quarter as foreign visitors swarmed the country,
2023-09-05 10:54
L’Occitane Slumps After Boss Ends Talks on Potential Buyout
L’Occitane International SA fell by the most on record after its billionaire chairman ended deliberations on a potential
2023-09-05 10:28
Country Garden Enters Final Hours of Dollar Bond Grace Period
Chinese developer Country Garden Holdings Co., one of the world’s most-indebted builders, is entering the final hours of
2023-09-05 10:27
Uday Kotak Sought to Allay RBI Concerns on Succession With an Early Resignation
Uday Kotak’s early resignation as Chief Executive Officer from Kotak Mahindra Bank Ltd., was an attempt to ease
2023-09-05 10:22