ShiftMed acquires CareerStaff Unlimited to bolster nursing platform
As part of the agreement, ShiftMed will provide services to 1,400 Genesis HealthCare locations.
Source: mobihealthnews.com
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China property giant Evergrande ordered to liquidate, owing over $402 billion
The move could send ripples through China’s crumbling financial markets. Read more at straitstimes.com.
Source: straitstimes.com
Hong Kong Takes a Hit as a Financial Center. How China Played a Part.
Hong Kong faced a triple whammy in recent years: China eliminated free speech protections; harsh Covid policies shuttered the territory, and Chinese...
Source: marketwatch.com
From Bricks To Banks: China's Real Estate Nightmare Sends Shockwaves Through Banking
Since the COVID-19 pandemic, China has been reeling from the worsening real estate crisis, which has spilled over to the nation's banking sector. The crisis began with Chinese real estate developer Evergrande Group filing for bankruptcy in August, triggering a property crisis in the second-largest economy worldwide. What Happened? China's property woes began when Evergrande Group, the world's most indebted property developer, defaulted on its interest obligations of $260 million on dollar-denomi
Source: yahoo.com
China investigates major shadow bank for 'crimes'
Chinese officials have launched an investigation into one of the country's biggest shadow banks, which has lent billions to real estate firms.
Source: kbc.co.ke