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Petroleum futures were sharply lower at midday Wednesday with plenty of liquidation underway as European traders bid adieu to January. Brent futures were off...
By Jiahui Huang Shares of China Evergrande's units saw volatile trade a day after the Chinese property giant was ordered to turn over its assets to...
HONG KONG -- A Hong Kong court order to wind up developer China Evergrande Group sets in motion a complex, multiyear process that will test China's fa
Any liquidation of troubled property giant Evergrande depends on Chinese authorities' recognition of the Hong Kong court's ruling, in a decision...
A Hong Kong court on Monday ordered the liquidation of battered Chinese property giant Evergrande, dealing another blow to the firm that has become the symbol of a property crisis that has sent shivers through the economy.But "it tells us that the property crisis is still far from being resolved, and remains an ongoing drag on the Chinese economy", Oliver said.