Zhongzhi sent a note of apology to investors on Wednesday, saying it had liabilities of up to $64 billion. This has led to fears of debts spreading from the property crisis to the financial sector

Officials have inspected Foxconn sites in four provinces, while state media says founder Terry Gou has 'responsibilities' and should be pushing for peace with Beijing as he runs for president in Taiwan

Country's biggest private developer seems to have missed a payment deadline, which would put the group in default on $17 billion in offshore debt

Sources say the Modi government has become uncomfortable with using yuan for settlement, while refining sources said settlement in yuan also increases Indian traders' costs

With nearly $11 billion of offshore bonds and $6 billion of offshore loans, a default by Country Garden would set the stage for one of China's biggest corporate debt restructurings

Analytics firms say Hamas militants received millions in crypto payments prior to the surprise attack on Israel; hundreds of digital wallets connected to the terror group have since been shut down

Shares of China's largest private developer sank nearly 11% on Tuesday after it warned liquidity is very tight and it faces uncertainty on the sale of assets and restructuring of its debts

In a filing to Hong Kong Stock Exchange, Evergrande said it had been told by authorities that Hui "has been subject to mandatory measures" due to suspicion of unspecified crimes

Jakarta said the ban, which is effective immediately, is intended to protect its offline merchants and marketplaces

Firms from the 10 nations in Southeast Asia are keen to test strong investor appetite for emerging market growth given the slump in Chinese stock offerings in the US

Shares of Sunac rose on news of debt deal approval, then sank after its move to seek bankruptcy protection in the US. Country Garden also won backing for an extension of repayments for an 8th onshore bond

Myanmar's regime has told migrant workers they must remit 25% of their salaries via official channels every quarter at a bad exchange rate, or lose their ability to go abroad for three years