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106 Search results for Evergrande,

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  • Scandal after scandal: What is happening at PwC?

    Big Four

    Over the last few years, PwC has been involved in several scandals. It's now battling to prevent more from happening

    PwC
  • PwC China to be hit with ban over audit of collapsed property developer Evergrande

    Property

    PwC's Chinese entity is expected to be hit with a six-month business ban over its audit of collapsed Chinese real estate property developer Evergrande

    A court heard earlier this year that LCF was a “Ponzi” scheme where investors’ money was spent on luxury items.
  • FTSE 100 today: London markets eye UK GDP for direction; US Fed policy decision key

    Markets

    Asian markets hold steady despite Wall Street's record highs. Apple shares surge. All eyes on UK GDP, Fed rate decision, and US inflation.

    FTSE 100 today: Blue-chip index set to break five-week losing streak
  • Anne Stevenson-Yang on China, audit reform and why she’s unsure about Yorkshire

    June 8, 2024

    City A.M. sits down with the co-founder of activist short-selling firm J Capital Research to discuss China, its companies and whether they require closer inspection

  • PwC Hong Kong denies claims about China Evergrande audits in anonymous letter

    April 16, 2024

    PwC Hong Kong has denied claims set out in an anonymous letter circulating on Chinese social media about its audit work for property developer China Evergrande Group. 

  • FTSE 100 today: London shares set for quite open; focus shifts to US inflation and Q1 earnings season

    April 8, 2024

    Asian stocks showed mixed results with the Nikkei rebounding and China facing property woes. Major Asian currencies weakened. Gold prices slipped from their record high last week, while bitcoin saw a rise in value. All eyes are now on US inflation data and the start of first quarter earnings season.

  • Country Garden hit with winding up petition in latest threat to China’s real estate sector

    February 28, 2024

    China's property crisis shows no sign of abating after the country's largest property developer was hit by a winding up petition from a creditor.

  • Moving markets: Five things shaping the FTSE 100 today

    February 28, 2024

    Asian markets stalled as investors awaited U.S. inflation data, while the New Zealand central bank maintained interest rates. Bitcoin surged to $57,622, but oil prices fell. Attention now turns to U.S. GDP figures and Federal Reserve speeches.

  • Yemen’s Houthi Red Sea attacks and fresh Jordan violence weigh on oil as Middle East unease widens

    January 29, 2024

    Trafigura is the latest major commodity shipper to be targeted by Houthi rebels

  • Evergrande: Hong Kong court orders China property developer to liquidate

    January 29, 2024

    A Hong Kong court on Monday ordered property developer China Evergrande Group to liquidate after it was unable to reach a restructuring deal with creditors. Judge Linda Chan said it was appropriate for the court to order Evergrande to wind up its business given a “lack of progress on the part of the company putting [...]

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