China’s Country Garden ‘Hires Kroll For Liquidation Assessment’

Sources say China's biggest developer, which went into default in October with debts of $190 billion, has hired Kroll to…

3 weeks ago

BOJ’s Ueda Sure of Inflation’s Momentum, Vows to Back Economy

BOJ Governor defends move to normalise monetary policy, tells parliament that inflation is gaining momentum; said the central bank will…

4 weeks ago

BOJ Split on When to End Negative Rates, so Ueda Bit the Bullet

With his deputies split on when to end Japan's long-running stimulus policy, central bank chief preferred to act rather than…

4 weeks ago

China Bonds Bonanza Fuelled by ‘Asset Famine’, Property Woes

Investors are pouring their cash into safe financial products amid a continuing crisis in the country’s real estate sector

4 weeks ago

Bank of Japan Ends Negative Rates, as Ueda Normalises Policy

BOJ drops stimulus programme as the country finally emerges from deflation; central bank to end purchase of risky assets like…

4 weeks ago

Indebted Provinces Seek Help From State Banks in Beijing – FT

Officials from two of China's most indebted provinces, plus the city of Tianjin, took part in high-level talks with state…

1 month ago

China Will Favour Developers Who Help the Masses: Minister

China's housing minister has reportedly warned that developers who "harm the interests of the masses" will be punished by not…

1 month ago

Evergrande Hires Legal Teams as China’s Property Crisis Deepens

The liquidation of Evergrande is expected to take over a decade, and with many other developers in default, analysts expect…

1 month ago

Doubt on China’s Plan to Lift Consumption, Maintain Growth

Analysts say there are contradictions and gaps in government plan to boost consumption while curbing debt and overcapacity that undermine…

1 month ago

Chinese Investors Plough Into Offshore Assets, Hit Outbound Limit

QDII fund units jumped 50% year-on-year to a record high in January amid 'insane' demand. The scramble for offshore assets…

1 month ago

China’s Congress Seen Targeting Economic Stability, 5% Growth

Policy advisers expect the National People's Congress next week will focus on near-term support for the country's sputtering economy, rather…

1 month ago

China’s Shimao Group ‘Faces Liquidation Suit From Foreign Bank’

Deutsche Bank is preparing to file a liquidation suit against Shimao in a Hong Kong court this month - a…

1 month ago