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BBCNEWS Asia Business Report June 4, 2024 00:33:00

Is up, so we ve got to see as far as inflation data and of course economic health leading into christmas. let s take a look at china s property sector. we ve been telling you about shares in evergreen falling sharply since they started trading on monday. another giant developer is also slated to meet offshore holders this week basically to iron out terms which could be the start of a major restructuring of its debt and the company s assets. the company has developments across china as far as malaysia. there were fears its debt crisis could pose a systemic risk to china s financial system. i spoke to someone from restructuring debt in hong kong to explain what s next for country garden. country garden at this point has not come out with a restructuring plan for the offshore debt. ....

China S , Inflation Data , Property Sector , Debt Crisis , Restructuring Plan , Country Garden , Hong Kong ,

Country Garden Posts Record Loss, Warns of Possible Default

(Bloomberg) Country Garden Holdings Co. warned that it may default on its debt and raised concerns about staying in business after the embattled Chinese developer posted a record first-half loss of almost $7 billion.Most Read from BloombergUS Health Officials Urge Moving Pot to Lower-Risk CategoryStocks Up Again in ‘Bad News Is Good News’ World: Markets WrapSingapore S$1 Billion Laundering Scandal Embroils Its Banking GiantsCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesFed R ....

Hong Kong , Bloomberg Businessweek , Evelyn Yu , Bloomberg Country Garden Holdings Co , China Evergrande Group , Garden Holdings , Country Garden ,

Popular Reddit app Apollo may go out of business over Reddit's new, unaffordable API pricing

The maker of Apollo, one of the most popular third-party mobile apps for browsing Reddit, may have to close up shop due to Reddit s recently announced new API p ....

New York , United States , Steve Huffman , Tim Rathschmidt , Christian Selig , New York Times , App Store , Lock Screen ,

developer: China Evergrande shares set to open down 14.3%

On Monday, shares of the world s most indebted property firm resumed trading after a 17-month halt in a crucial step for the developer to restructure its offshore debt. ....

China Evergrande Group , China Evergrande Stocks , Jacqueline Wong , China Evergrande Shares ,