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Logan's $8 Billion Restructuring Hinges on Luxury Tower Loan - Vimarsana News

Logan's $8 Billion Restructuring Hinges on Luxury Tower Loan

(Bloomberg) -- Chinese developer Logan Group Co. is entering a crucial stage in its $8 billion offshore restructuring, with just three months to pay or refinance a loan or risk losing control of a key luxury home project.Most Read from BloombergWorld’s Largest Nuclear Plant Sits Idle While Energy Needs SoarWarning Signals Are Flashing for Homeowners in Texas and Florida‘Not Gonna Be Pretty:’ Covid-Era Homebuyers Face Huge Rate JumpNew BYD Hybrid Can Drive Non-Stop for More Than 2,000 KilometersI

Source: yahoo.com
Charting the Global Economy: US Inflation Eases; Rescue Package for China Property Crisis - Vimarsana News

Charting the Global Economy: US Inflation Eases; Rescue Package for China Property Crisis

(Bloomberg) -- A measure of underlying US inflation cooled in April for the first time in six months, a small step in the right direction for Federal Reserve officials looking to start cutting interest rates this year.Most Read from BloombergChina Attempts to End Property Crisis With Broad Rescue PackageA 25-Year-Old BofA Trader Dies Suddenly at Industry OutingWith a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulenceVoters Prefer Trump Over Biden on Economy. This Data Shows WhyZyn Shortag

Source: yahoo.com
China's Housing Crash Could Set Back Millions of Promising Careers - Vimarsana News

China's Housing Crash Could Set Back Millions of Promising Careers

(Bloomberg) -- Ivy Zhang figured she had it made.Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyWith a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulencePutin and Xi Vow to Step Up Fight to Counter US ‘Containment’Jamie Dimon Sees ‘Lot of Inflationary Forces in Front of Us’Dow Average Touches 40,000 Before Pulling Back: Markets WrapFresh out of school after studying chemistry, she joined one of China’s biggest property companies in 2016, as the country

Source: yahoo.com
China Vanke in Debt Swap Talks With Banks to Stave Off Default - Vimarsana News

China Vanke in Debt Swap Talks With Banks to Stave Off Default

(Bloomberg) -- China Vanke Co. is in talks with banks on a debt swap that would help the cash-strapped developer stave off its first-ever bond default, according to people familiar with the matter.Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackChina Has Never Canceled This Many Shipments of US WheatTech CEOs Are Addicted to Taking Needless RisksChinese Stocks Gain 20% From Lows, Fueling Market Bottom CallsVanke’s major creditor banks are considering a plan

Source: yahoo.com
The Global Tremors From China's Real Estate Crisis Are Only Just Starting - Vimarsana News

The Global Tremors From China's Real Estate Crisis Are Only Just Starting

(Bloomberg) -- Chinese investors and their creditors are putting up “For Sale” signs on real estate holdings across the globe as the need to raise cash amid a deepening property crisis at home trumps the risks of offloading into a falling market. The prices they get will help finally put hard numbers on just how much trouble the wider industry is in. Most Read from BloombergA 99% Bond Wipeout Hands Hedge Funds a Harsh Lesson on ChinaUkraine’s Army Chief Replaced After Rift With ZelenskiyEinhorn

Source: yahoo.com