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China unveils new property support measures amid concerns about Evergrande fallout

China unveils new property support measures amid concerns about Evergrande fallout
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New rules boost China property shares but could miss the mark, analysts say

Chinese property shares rose on Thursday, strengthened by the latest relaxation in credit measures to support the embattled real estate industry, but few market participants expected them to overcome...

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Grace period for China's Country Garden coupon payment expires

Grace period for China's Country Garden coupon payment expires
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Talk of a country garden default swirls as the offshore loan deadline closes

A worker looks at the construction site of Chinese developer Country Garden's residential buildings in Beijing, China, on August 11, 2023. REUTERS/Tingshu

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As the offshore loan deadline closes, talk of country garden defaults swirls

A worker looks at the construction site of Chinese developer Country Garden's residential buildings in Beijing, China, on August 11, 2023. REUTERS/Tingshu

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Asian stocks steady, Japan, China central banks interrupt dollar's ascent

Asian stocks steady, Japan, China central banks interrupt dollar's ascent
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GLOBAL MARKETS-Asian stocks steady, Japan, China central banks interrupt dollar's ascent

GLOBAL MARKETS-Asian stocks steady, Japan, China central banks interrupt dollar's ascent
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Asian stocks steady, dollar's ascent interrupted

Asian stocks steady, dollar's ascent interrupted
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Pound Sterling got a lift from dollar's decline vs yen

The pound Sterling got a lift, taking advantage of a decline in the dollar against the Japanese yen that spilled into other currencies.

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Stocks steady

Stocks steady
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