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Marketmind: Markets bide time as policymakers plot next moves

It's a week that every investor has squarely on their radar: Three of the world's biggest central banks will deliver their latest policy moves and China's Politburo - its top policymaking body - is set to unveil support measures as the economy sputters. On Monday, MSCI's broadest index of Asia-Pacific shares outside Japan was off a slight 0.3%, European stock futures were marginally lower and U.S. futures were flat. Hong Kong's Hang Seng index was a bit of an outlier o...
New South Wales United States Christine Lagarde Stella Qiu Jerome Powell Edmund Klamann
Source: yahoo.com

Embattled Chinese real estate giant Evergrande sees debt soar to $340 billion

China Evergrande Group, one of the country’s leading property developers stuck in a massive liquidity crisis, has reported seeing its debt rise to $340 billion at the end of 2022. Background: Evergrande, whose headquarters have moved to Guangzhou, is currently the world’s most indebted property developer. Evergrande’s gargantuan debt resulted from years of borrowing, which saw its limit after Chinese regulators enforced debt control measures for major developers in 2020.
China Evergrande Group Evergrande Group Hong Kong Listed Property Developers
Source: yahoo.com

Stock markets rise on China support, pound rallies

Major stock markets mostly rose Tuesday as China moved to boost its flagging economy, while the pound hit a 15-month high against the dollar on expectations of more aggressive UK interest rate hikes.The pound reached a 15-month high above $1.29 after UK jobs and wages data indicated that the Bank of England still had some way to go before it stops hiking interest rates aimed at cooling high inflation.
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Source: yahoo.com

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South Africa Real Estate Industry Report 2023: Local and International Influences, Key Factors, Competitive Environment, Outlook

DUBLIN, June 27, 2023 /PRNewswire/ -- The "The Real Estate Activities in South Africa 2023" report has been added to ResearchAndMarkets.com's offering. This report focuses on the real estate industry which
South Africa Pam Golding Laura Wood Atterbury Management Company Pty Ltd Oasis Crescent Property Fund Management Companies

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