Some holders of US dollar bonds issued by Evergrande's Scenery Journey have reportedly not received interest due on Nov 6. That would have kicked off a 30-day grace period for payment.

Third-quarter earnings from China's property sector and ancillary industries show Beijing's crackdown on borrowing is having an impact far beyond the Evergrande Group

Asian markets were mixed with Hong Kong and Shanghai both down, amid concern about China's economy, a new wave of Covid, and when the Fed will taper its bond-buying

Concern over spreading financial contagion worsened following a debt exchange from one of the country's top 20 homebuilders, which spurred further credit warnings

US tech giant Epic Games says it will shut its popular survival game Fortnite in China. The move follows strict curbs imposed by Beijing on gaming companies recently

Prices for new homes were flat in October, hit by weak demand and tighter lending policies imposed to force real estate developers to shed their huge debts

Thailand has opened its doors again to tourists from 63 countries, while Sydney and other cities in eastern Australia are welcoming citizens back and will soon allow vaccinated tourists.

US Treasury Secretary Janet Yellen said the US expects China to meet its commitments under the trade deal signed with President Trump, but could eventually lower some tariffs in a reciprocal way.

Yango real estate group wants to exchange some dollar bonds and change terms of its other bonds to improve liquidity. The offer applies to $747m of notes due in early 2022 and Feb 2023.

Prime Minister Fumio Kishida's Liberal Democratic Party lost seats in the election, but the LDP still retains a parliamentary majority. The result was cheered by investors.

Hong Kong and Shanghai markets got some support after news that troubled property giant China Evergrande had made an overdue interest payment, but other markets were subdued on Friday.

Kaisa is seeking buyers for its Hong Kong-listed property management unit and two residential sites in the city, people with knowledge of the matter said on Friday.