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(Bloomberg) -- U.S. equity futures and Asian stocks rose Friday as earnings from Amazon.com Inc. helped to stanch a technology rout. Worries about monetary tightening are also whipsawing markets, leaving bond yields higher.
To a world full of fixed-income investors starved of safe assets with attractive yields, China’s government bonds had become a tempting sight in recent years. However, red flags are now being hoisted. A series of government crackdowns on everything from property developers to technology firms is triggering questions about whether a sudden change in regulations could harm foreign investment in the securities. While positive inflation-adjusted interest rates and relatively tame volatility are keeping some fund managers bullish on China’s sovereign debt, the regulatory risk is combining with ...
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Just three months after narrowly avoiding collapse, the world's most indebted developer China Evergrande Group is teetering on the brink again and investors are still unclear how much or for how long the problems could reverberate.
BOSTON - Just three months after narrowly avoiding collapse, the world's most indebted developer China Evergrande Group is teetering on the brink again and investors are still unclear how much or for how long the problems could reverberate. With over US$300 billion (S$410 billion) of liabilities and more than 1,300 real estate projects, Evergrande has been the poster child of...
Investors less fearful this time that indebted developer's troubles could be widespread