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BBCNEWS World Business Report June 4, 2024 10:30:00

We begin with china s evergrande because the slow motion collapse of the world s most indebted property developer has entered a new stage. evergrande has filed for bankruptcy protection in the us as the company pursues a prolonged restructuring agreement with international creditors that hold billions of dollars in bonds. according to the financial times, evergrande has liabilities of $340 billion. last month, it unveiled losses of $81 billion over 2021 and 2022 period. meanwhile, another major developer, country garden, has warned it may not be able to make interest payments on bonds as it struggles to find the cash to finish projects around the country. duncan wrigley is chief china economist at pantheon macroeconomics. ....

Property Developer , Financial Times , Bankruptcy Protection , 40 Billion , 340 Billion , Country Garden , 1 Billion , 181 Billion , China Economist , Interest Payments , Duncan Wrigley , Pantheon Macroeconomics ,

BBCNEWS BBC News June 4, 2024 10:30:00

I m aaron heslehurst. we begin with china s evergrande because the slow motion collapse of the world s most indebted property developer has entered a new stage. evergrande has filed for bankruptcy protection in the us as the company pursues a prolonged restructuring agreement with international creditors that hold billions of dollars in bonds. according to the financial times, evergrande has liabilities of $3110 billion. last month, it unveiled losses of $81 billion over 2021 and 2022 period. meanwhile, another major developer, country garden, has warned it may not be able to make interest payments on bonds as it struggles to find the cash to finish projects around the country. duncan wrigley is chief china economist at pantheon macroeconomics. ....

Property Developer , Aaron Heslehurst , Bankruptcy Protection , Financial Times , 110 Billion , 3110 Billion , Country Garden , 1 Billion , 181 Billion , China Economist , Interest Payments , Duncan Wrigley , Pantheon Macroeconomics ,

China Evergrande's Shenzhen-listed unit probed by securities regulator for alleged breach of information disclosure rules

Hengda Real Estate Group is being investigated by China’s securities regulator for allegedly violating information disclosure rules, in the latest blow for its embattled parent, the heavily indebted China Evergrande Group. ....

Hengda Real Estate Group , China Evergrande Group , Information Disclosure , Ndebted Developer ,

Zhongzhi, China's troubled US$137 billion shadow bank, plans debt restructuring, hires KPMG

The Chinese shadow banking giant whose liquidity crisis has fanned fears about financial contagion is planning to restructure its debt and has hired KPMG to conduct an audit of its balance sheet, sources said. ....

Zhongzhi Enterprise Group , Zhongrong International , Zhongrong International Trust , Shadow Banking , Trust Industry ,

Health systems bulk up C-suites ahead of transformation

Health systems are restructuring C-suite roles, with some adding clinical leaders and strategic experts to focus on patient experience, transformation, and data ....

Joons Lee , Erica Shenoy , Albert Marinez , Rohit Chandra , Scott Lichtenberger , Todd Smith , Chris Thompson , Amaka Eneanya , Intermountain Health In Salt Lake City , National Infection Control Advisory Committee , Ou Health , Centura Health In Centennial , Sutter Health In Sacramento , Meritus Health In Hagerstown , Sutter Health , Mass General Brigham , Oklahoma City , Emory Healthcare , Centura Health , Cleveland Clinic , Intermountain Health , Salt Lake City , Health System , C Suite , Sutter Health , Mass General Brigham ,