Chinese developer Country Garden says it cannot meet debt payment deadline October 10, 2023 It had avoided defaults on debt even as rivals such as China's Evergrande, the world’s most heavily indebted property firm.
China: Evergrande shares soar after property developer’s stocks resume trading October 3, 2023 Shares of debt-laden property developer China Evergrande Group soared on Tuesday after they resumed trading in Hong Kong following a suspension last week. By midday, Evergrande’s shares were up nearly 16% after jumping more than 60% early in the session. Evergrande is the world’s most heavily indebted property developer and is at the centre of [...]
War with Taiwan would ‘collapse the Chinese economy’, Cleverly tells Tory conference October 2, 2023 China’s economy would collapse if it went to war with Taiwan, James Cleverly said, as he defended his policy of “clear eyed” engagement with Beijing. The Foreign Secretary said concerns about the strength of China’s economy were already forcing the ruling Communist Party to change course. Cleverly became the first UK Foreign Secretary to visit [...]
China: Manufacturing activity returns to expansion amid hopes economy is stabilising September 30, 2023 China's factory activity expanded for the first time in six months in September, an official survey showed on Saturday, adding to a run of indicators suggesting the world's second-largest economy has begun to bottom out.
Evergrande: Shares dive again as China property giant says it can’t issue debt September 25, 2023 Shares of China Evergrande plunged as much as 24 per cent on Monday after the embattled developer said it was unable to issue new debt
Copper prices slide as waning demand in China causes stocks to rise September 24, 2023 Copper prices have dipped despite hopes of rebounding demand in China, as its economy recovers from the pandemic.
Biden urges world leaders to stand up to Russia over Ukraine September 19, 2023 President Joe Biden urged world leaders to stand up to Russia, warning no nation can be secure if “we allow Ukraine to be carved up”.
Net zero push will put UK energy infrastructure in Chinese hands September 19, 2023 Net zero targets will put China at the heart of the UK's energy infrastructure - and that doesn't strike us as smart
FTSE 100 live: London rallies as Arm soars on US debut and Warhammer maker’s share price rises September 15, 2023 London’s FTSE 100 enjoyed a strong end to the week, as the global stocks rally continued with a stable showing from Wall Street and an improvement in China. The capital’s premier bluechip index ended the day well at over 7,30 points, more than 0.6 per cent up, having reached a high of 0.89 per cent [...]
PMQs sketch: Starmer goes on the attack September 13, 2023 It would have been a tall order for Keir Starmer to mess up this week’s shouting match with the prime minister. Few politicos would have had an escaped terror suspect cycling around west London or an alleged Chinese spy in Parliament on their pre-conference bingo cards. And in fairness to the former chief prosecutor, he [...]