The five biggest global business meltdowns of the year December 28, 2023 City A.M. recaps the biggest global business nightmares of the year.
London’s priciest mansions struggle to sell as luxury property market faces change December 7, 2023 Economic headwinds are taking a toll on the two priciest mansions in London, reports suggest, as the luxury property market continues to adapt. The two properties – Rutland Gate and The Holme – are on the market with a combined listing of £475m. A person familiar with the matter told Bloomberg that founder of real [...]
Copper nudges higher on expectation that China demand will finally return November 20, 2023 Copper prices have started to gradually nudge higher on the expectation that demand from China will pick up in the future.
Is ‘China’s century’ quickly becoming India’s? November 2, 2023 Temple Melville of Scotcoin takes a look at China's historical policies and compares them to India's current stance on crypto.
Moving markets today: Fed holds, Tokyo stimulus, and all eyes on Apple November 2, 2023 What’s moving markets today? Wall Street closed higher on Wednesday, led by a 1.6% gain in Nasdaq. This followed the decision by the U.S. Federal Reserve to keep interest rates unchanged at 5.25%-5.50%. The Bank of England is also set to keep its interest rates on hold at a 15-year high of 5.25% on Thursday. [...]
Evergrande: Poster child of China debt crisis has winding-up hearing adjourned as it seeks new deal October 30, 2023 Evergrande, which has more than $300 billion of liabilities, became the poster child of a debt crisis that has since engulfed China's property sector.
Markets: Asian exchanges open slow as Israel-Gaza conflict weighs on sentiment October 30, 2023 Asian share markets were mixed on Monday as Israel’s push into Gaza stirred fears of a wider conflict ahead of central bank meetings in the United States, Britain and Japan, the latter of which might see a policy tightening. The earnings season also continues with Apple, Airbnb, McDonald’s, Moderna and Eli Lilly & Co among the [...]
Why China has opted for more stimulus — and why experts are not convinced it will work October 25, 2023 China is rolling out a fresh stimulus package to support its economy, in a sign that the ruling Communist party is growing anxious at the sluggish performance over recent months.
China’s Country Garden bondholders seek talks after missed bond payments October 19, 2023 Country Garden bondholders are seeking urgent talks with the troubled property developer after it missed a $15m
Chinese developer Country Garden says it cannot meet debt payment deadline October 10, 2023 It had avoided defaults on debt even as rivals such as China's Evergrande, the world’s most heavily indebted property firm.