China Evergrande Group News
Evergrande Ordered to Tear Down Buildings In Island Dispute
The company has 10 days to complete the demolition or 60 days to file an appeal.
Cramer's Mad Money Recap 12/17: PepsiCo, Amazon, Nike
Jim Cramer says some investors are raising cash while others are buying safety stocks like PepsiCo, or tech names such as Amazon.
Evergrande Crisis Won't Hurt Hong Kong Investors, China's Bank Chief Says
“The rights and the interest of [Evergrande's] creditors and shareholders will be fully respected, in accordance with their legal seniorities," said governor Yi Gang.
Evergrande Defaults on Its Debt, Fitch Ratings Says
Evergrande and its subsidiaries are downgraded to 'restricted default', Fitch says.
Miami Citizens to Get 'Bitcoin Yield' From MiamiCoin Cryptocurrency
Miami's mayor says his city will be the first in America to give a bitcoin yield as a dividend directly to its residents.
Stocks Gain, Fed Looms, China Evergrande Cuts Deal, FedEx Slumps - 5 Things You Must Know
Stock futures gain as Evergrande cuts debt deal; Fed meeting looms with tapering decision in focus; House passes debt ceiling suspension bill and FedEx cuts profit forecast as wage costs soar.
Stocks Rebound, Evergrande Defiant, Universal Music Soars on Debut - 5 Things You Must Know
Stock futures rebound from Monday sell-off; China Evergrande chairman vows to recover; Lennar ads name to list of cautious homebuilders; Trudeau wins historic third term and Universal Music Group sings loudly on Amsterdam debut.
China Faces 'Lehman Moment' With Evergrande Collapse, So What Are The Risks?
'Lehman moment' or managed failure? Either result has global markets rattled by the impending default of property developer China Evergrande.
Stocks End Down as China Evergrande Worries Rattle Markets
Stocks end sharply lower as the potential collapse of indebted property developer China Evergrande adds to market angst ahead of a crucial Federal Reserve meeting.
Illumina's Singapore Tax Holiday is About to Expire
The DNA sequencing giant generated over 10% of its diluted earnings per share in 2021 from a tax holiday.
Oil Volatility Returns, Pushing Gasoline Prices Higher
The 14-week decline in gasoline prices ended while two million people in Florida are still without power.
New Electric Vehicle Beats Tesla When it Comes to the Environment
A new EV would radically change how cars are made and that could be a threat to the market leader.
House Prices Fall as Rate Hikes Push Buyers to Sidelines
Soaring mortgage rates and elevated home prices have deterred buyers, forcing sellers to lower their expectations.