Evergrande wake-up call: No one’s too big to fail in China’s property market

September 28, 2020 9:30 AMBEIJING (BLOOMBERG) - For years, investors happily bought into the dollar bonds of Chinese real-estate developers, betting that the biggest and most aggressive would become too big to fail. Even during the global markets selloff in March, private bankers told their wealthy clients not to worry. In the worst case, they could just hold those notes until maturity, and enjoy the juicy coupon payments.Want...

Nadal begins ‘most difficult’ French Open as Serena tries again

Spain’s Rafael Nadal reacts during his quarterfinal match of the men’s Italian Open against Argentina’s Diego Schwartzman at Foro Italico on September 19, 2020 in Rome, Italy. (Photo by Riccardo Antimiani / POOL / AFP) Rafael Nadal embarks Monday on what he has described as his “most difficult ever Roland Garros” while Serena Williams launches another attempt to clinch an elusive 24th Grand Slam title on her least successful...

Leaked Docs Expose Massive Syria Propaganda Operation Waged By Western Govt Contractors & Media

Leaked Docs Expose Massive Syria Propaganda Operation Waged By Western Govt Contractors & Media Tyler Durden Sun, 09/27/2020 - 22:00 Authored by Ben Norton via TheGrayZone.com, Western government-funded intelligence cutouts trained Syrian opposition leaders, planted stories in media outlets from BBC to Al Jazeera, and ran a cadre of journalists. A trove of leaked documents exposes the propaganda network. Leaked documents show how UK government contractors developed an...

LSIs barred from entering Sipalay City for two weeks

BACOLOD CITY (PNA) – Locally-stranded individuals (LSIs) will not be allowed to enter Sipalay City, Negros Occidental in the next 14 days because of limited space in its quarantine facility. The suspension of arrival of LSIs in the southern Negros city from September 28 to October 11 was approved by the Western Visayas Regional Inter-Agency Task Force (RIATF) and the Regional Task Force (RTF) on the coronavirus disease (COVID-19),...

China Evergrande faces possible snag in land deal as Shenzhen partner calls for care, more discussion on reorganisation plan

China Evergrande, the nation’s most indebted developer, faces another potential snag in an attempt to reorganise its sprawling property assets after its partner in Shenzhen called for care and patience in assessing the deal.Shenzhen Special Economic Zone Real Estate & Properties (Shenzhen SEZ), which is supposed to buy Evergrande’s unit Hengda Real Estate, suggested that it would not rush into an agreement despite four years having passed since...

Handwashing survey uncovers disturbing lack of knowledge about safe washing of hands

By Judith Juntilla Half of Filipinos are not washing their hands correctly and don’t even realize it. This was among the findings of a recent survey of Metro Manila residents comprising a broad socio-economic sector. The 2020 Philippines Handwashing Habits Survey, conducted by Brandworks Market Intelligence and Consulting, revealed that most respondents’ go-to handwashing practice was “washing quickly with soap and water.” Such practices were also observed by the respondents among other people, reflecting a “pwede na” mentality that...

Analysis | No One’s Too Big to Fail in China’s Property Market

In that “fabricated” document seen by Bloomberg Opinion, Evergrande threatened systemic risk (835.5 billion yuan in borrowings), bankruptcies of its business ...Want to know more on Analysis | No One's Too Big to Fail in China's Property Market click here go to market news source. Market news summary from The Washington Post market news.Author: Washington Post
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