Tag: Default
Real estate group: Evergrande shares suspended from trading
Evergrande Concerns that the real estate company might go bankrupt worried the financial markets last year. (Photo: Reuters) The shares of Chinese real estate developer Evergrande and two of its…
Twitter brought back chronological sorting by default
On Friday, Twitter released an update for its mobile apps. chronological order option by default on the home page lifted. Users started seeing popular tweets first, whether they wanted to…
Twitter removed the chronological sort option by default
Twitter has made a change on the home page with the new update it has released for the iOS application. In 2016, the social media platform started to shape the…
Why a state bankruptcy in Russia is hardly avoidable
View of Moscow Sanctions hit Russia hard – and its creditors. (Photo: imago images/Russian Look) Frankfurt Rating agencies, investors and banks have made their judgments. A state bankruptcy in Russia…
Fitch sees Evergrande and Kaisa defaulting on payments
Beijing The heavily indebted Chinese real estate developer Evergrande continues to move towards the abyss. As the first of the major international rating agencies, Fitch further downgraded Evergrande and its…
Evergrande and Kaisa are about to default
Evergrande A catastrophic failure could have repercussions on the entire industry, which contributes around a quarter of China’s gross domestic product. (Photo: AP) Beijing The Chinese real estate developers Evergrande…
Evergrande and Kaisa are about to default
Evergrande A catastrophic failure could have repercussions on the entire industry, which contributes around a quarter of China’s gross domestic product. (Photo: AP) Beijing The Chinese real estate developers Evergrande…
Evergrande and Kaisa are about to default
Beijing The Chinese real estate developers Evergrande and Kaisa are on the verge of default. The rating agency Fitch set its rating for both companies to “Restricted Default” on Thursday…
China’s real estate giant Evergrande warns of default
Beijing The government of Guangdong Province, where the company is headquartered, is now intervening in the crisis surrounding the heavily indebted Chinese construction developer Evergrande. As she announced on Friday…
China’s real estate giant Evergrande warns of default
Evergrande The real estate company is apparently facing new payment difficulties. (Photo: Reuters) Beijing In the crisis surrounding the heavily indebted Chinese construction developer Evergrande, the government of the Guangdong…
China’s real estate giant Evergrande warns of default
Evergrande The real estate company is apparently facing new payment difficulties. (Photo: Reuters) Beijing The heavily indebted Chinese real estate giant Evergrande has warned of possible payment difficulties. After a…
US government threatens to default at the end of December
Treasury Secretary Janet Yellen Washington In the US, according to the assessment of the Independent Budget Office of Congress (CBO), if Parliament does not raise the debt ceiling, the government…
US government threatens to default at the end of December
Washington In the US, according to the assessment of the Independent Budget Office of Congress (CBO), if Parliament does not raise the debt ceiling, the government is at risk of…
The US government threatens to default in mid-December
Janet Yellen The US Treasury Secretary warns of a US default. (Photo: Reuters) Washington US Treasury Secretary Janet Yellen has warned of a possible default by the US government on…
Evergrande is apparently again averting a default
Evergrande building in Hong Kong The Chinese real estate developer does not meet its payment obligations again until the end of a 30-day grace period. (Photo: Reuters) Beijing The heavily…
Chinese real estate developer Evergrande is apparently again averting default
Evergrande The real estate company is sitting on a mountain of debt worth $ 300 billion. (Photo: Reuters) Beijing Evergrande has apparently made pending interest payments again shortly before a…
Evergrande’s default in payment is not averted
In front of an electronic stock market bulletin board in Hong Kong The real estate market in China directly and indirectly contributes around 25 percent to economic output. (Photo: dpa)…
Evergrande is averting default for the time being – but the next deadline is already getting closer
Evergrande Group’s main building in Shenzhen The heavily indebted Chinese real estate developer Evergrande is threatened with insolvency. (Photo: Reuters) Dusseldorf The heavily indebted Chinese real estate developer Evergrande averted…
Evergrande apparently avoids further default
Evergrande The real estate company has apparently paid a due bond interest payment. (Photo: Reuters) Beijing The ailing Chinese real estate company Evergrande has transferred the money for a bond…
Evergrande apparently avoids further default
Evergrande The real estate company has apparently paid a due bond interest payment. (Photo: Reuters) The ailing Chinese real estate company Evergrande has transferred the money for a bond interest…