Chinese president Xi Jinping reaffirmed close economic ties with Russia.
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Investors can no longer take Hong Kong developers’ debts for granted.
Chinese property giant Country Garden failed to make an international debt payment and warned that it is unlikely to pay off all of its international debt obligations.
Country Garden could be the next company to join a growing list of Chinese developers that have defaulted.
Sunac China Holdings is a step closer to resolving its debt crisis.
Is Elon Musk looking to buy back X’s debt at a steep discount?
Shares of Anil Agarwal’s Vendanta Ltd. rose after the tycoon announced an overhaul of his sprawling empire, despite lingering concerns over the group’s multibillion dollar debt burden.
China Evergrande Group’s shares rose sharply as trading in the beleagured property developer resumed.
Vedanta Ltd.’s move to split into six separate units is unlikely to address the mining conglomerate’s debt obligation according to CreditSights.
Zerlina Zeng, senior credit analyst at CreditSights, discusses the prospects for China’s property market and implications for the financial sector on Bloomberg Daybreak: Asia.