Stay updated with breaking news from Debt Ridden. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Two Chinese developers have secured support from state-owned shareholders or financial institutions to ease their debt burden, in the latest sign that Beijing is stepping in to bail out China’s embattled property sector.
The International Monetary Fund (IMF) on Thursday reaffirmed its support to Sri Lanka which continues to face a deep economic crisis.
A debt-laden woman from Mehrauli was arrested in Agra after she staged her own kidnapping. She was staying in a hotel in Agra and using a voice-changing application to ask her family for ransom.
“My health is now much better, and I am very motivated to improve my financial condition," Farooq Piyara Masih said.
The roll-out of the much-delayed SUV bookmarked more than a year of anxious wait for Evergrande’s shareholders, who poured HK$30 billion (US$3.85 billion) into the company to fund founder Hui Ka-yan’s aspiration to “beat Tesla” in the world’s largest market for electric cars.