Evergrande shares halted after Hong Kong court orders liquidation
Shares of China Evergrande plunged over 20% in early trading on Monday before being halted. Source link
Read More
Debt and bond markets
Singapore’s central bank leaves policy unchanged in first quarterly meeting of 2024
The Monetary Authority of Singapore said it will also maintain its exchange rate policy band known as the Singapore dollar
Read More
This fund scored a big win with its bet on Adani. Now, it could be pressing pause
One of the biggest investors in the India's Adani Group, Rajiv Jain of GQG Partners, said he may be done
Read More
Is China’s consumption story over? Here’s what experts are saying
For China's manufacturing-heavy economy, market players are now looking towards the services and consumption side to propel China's growth in
Read More
Shadow bank Zhongzhi files for bankruptcy as China’s debt and property crisis deepens
China's shadow banking conglomerate Zhongzhi Enterprise Group filed for bankruptcy liquidation late on Friday. Source link
Read More
India overtakes Hong Kong to become the world’s seventh largest stock market
India has been a standout market this year in the Asia-Pacific region, while Hong Kong is the worst performer among
Read More
Moody’s cuts outlook for eight China banks on potential credit quality decline; downgrades Hong Kong too
Moody's Investors Service cut its outlook for eight Chinese banks to negative from stable on Wednesday, following an identical downgrade
Read More
New Zealand dollar jumps 1% as central bank holds rates, warns of more hikes
The central bank noted that inflation remained too high and said monetary policy will need to remain restrictive in order
Read More
Sunac shares surge 21% as Chinese property developer says it’s met restructuring conditions
Shares of Chinese property developer Sunac surged 21% after it said restructuring conditions had been satisfied and plans to overhaul its
Read More