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(Bloomberg) -- China Evergrande Group has transfered the interest payment originally due Sept. 23 for a dollar bond, according to the Securities Times. The developer wired the $83.
Speculation about a default has been swirling for months, stoking credit-market contagion among other cash-strapped developers.
The property giant now has at least another week to deal with its debt crisis.
Singapore state investor Temasek Holdings is offering to buy control of conglomerate Keppel Corp in a S$4.1 billion ($3 billion)…
SINGAPORE: The price of shares in makers of vaccines and other coronavirus treatments dropped in Asia on Monday after Merck & Co said its experimental pill cuts the risk of hospitalization and death from Covid-19 in half.