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China Evergrande ordered to liquidate

HONG KONG (AP): A Hong Kong court ordered China Evergrande, the world’s most heavily indebted real estate developer, to undergo liquidation following a failed effort to restructure $300 billion owed to banks and bondholders that fuelled fears about...

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China Evergrande has been ordered to liquidate. The real estate giant owes over $300 billion - New Delhi Times - India's Only International Newspaper

A Hong Kong court ordered China Evergrande, the world’s most heavily indebted real estate developer, to undergo liquidation following a failed effort to restructure $300 billion owed to banks and bondholders that fueled fears about China’s rising debt burden. Judge Linda Chan said Monday it was appropriate for the court to order Evergrande to wind…

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Hong Kong court orders liquidation of China developer | The Arkansas Democrat-Gazette

HONG KONG -- A Hong Kong court ordered China Evergrande, the world's most heavily indebted real estate developer, to undergo liquidation following a failed effort to restructure $300 billion owed to banks and bondholders that fueled fears about China's rising debt burden.

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Stock market today: World shares are mixed, with Chinese shares falling, ahead of Fed rate decision

Wall Street limped lower early as corporate earnings continued to pour in while markets await the Federal Reserve's next interest rate decision. Futures for the S&P 500 and futures for the Dow Jones industrials were each down less than 0.2% before the bell Tuesday. UPS tumbled more than 7% after the Atlanta package delivery company dialed back 2024 guidance below Wall Street targets. General Motors climbed nearly 8% after the automaker said its net income and sales were up by double-digit percentages last year. Microsoft, Google and Starbucks report their latest financial results after the bell.

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Order to liquidate property giant China Evergrande is just one step in fixing China's debt crisis

A Hong Kong court’s order to liquidate China Evergrande, the world’s most heavily indebted real estate developer, is only a tentative step toward resolving a debt crisis that is haunting financial markets and dragging on the Chinese economy. Evergrande owes $340 billion to its creditors. Experts say it’s unclear if Monday's order will be enforced in mainland China, where the company and 90% of its assets are based.

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World shares are mixed, with Chinese shares falling, ahead of Fed rate decision - Economy - Business

World shares are mixed, with Chinese shares falling, ahead of Fed rate decision - Economy - Business
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Order to liquidate property giant China Evergrande is j...

A Hong Kong court's order to liquidate the world’s most heavily indebted real estate developer is only a tentative step toward resolving a debt crisis that is haunting financial markets and dragging on the Chinese economy

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Stock market today: US markets lower as earnings pour in ahead of Fed rate decision

Stocks are drifting around their record heights following a mixed set of profit reports. The S&P 500 was 0.1% lower Tuesday. So was the Dow Jones Industrial Average, while the

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