AllSides Balanced Search reveals information and ideas from all sides of the political spectrum so you can get the full picture.
Sep 25 2023
News
Evergrande shares slide as mainland unit misses debt payment
The BBC has been unable to independently confirm Caixin's reporting. Evergrande did not immediately respond to a request for comment from the BBC. Its share price fall on Tuesday followed an even sharper decline the previous day. Evergrande's stock has fallen by more than 25% this week. In a statement to the Hong Kong Stock Exchange on Sunday, Evergrande said it was unable to meet
BBC NewsOct 09 2023
News
Country Garden Holdings Warns of Default
Residential buildings under construction, developed by Country Garden Holdings Co., in Foshan, China. The company said Tuesday that it “faces significant uncertainty regarding asset disposals, and its liquidity position is expected to remain very tight in the short- to medium-term.” It said that it hadn’t made a 470.0 million Hong Kong dollar (US$60.0 million) payment and more nonpayments
Wall Street Journal (News)Oct 08 2023
News
Ex-soldier is accused of trying to aid China
SEATTLE -- A former U.S. Army intelligence officer has been charged with attempting to provide classified defense information to Chinese security services during the outbreak of the covid-19 pandemic. On Friday, authorities arrested former Sgt. Joseph Daniel Schmidt, 29, at San Francisco International Airport as he arrived from Hong Kong, where he had been living since March 2020, the Justice
Arkansas Democrat-GazetteOct 02 2023
News
China Evergrande Group's Shares Rise After Resuming Trade
China Evergrande Group's shares rose sharply early Tuesday upon resuming trade, following a halt last week after the property developer's chairman was placed under police control. Shares rose as much as 44% to 0.46 Hong Kong dollars (6 U.S. cents), their biggest intraday rise since Sept.6. Trading in shares of China Evergrande and various units, including Evergrande Property Services, was
MarketWatchNov 13 2023
News
2023 APEC summit: Xi to meet Biden and what else to expect in San Francisco
Leaders from the 21-member Asia-Pacific Economic Cooperation forum gather this week in San Francisco for the 30th APEC summit, where the spotlight will be on a rare meeting between the U.S. and Chinese presidents.
WHAT IS APEC AND WHAT TO WATCH FOR?
APEC accounts for about 62% of global GDP and almost half of global trade. It is unique in grouping economies rather than nations,
ReutersSep 10 2023
News
China Says Detained US Spy Lured Officials In 'Honey Traps'
Beijing said Monday that a US citizen jailed for life for espionage lured Chinese officials into bugged hotels and used "honey traps" to blackmail them into spying for Washington. Hong Kong-born John Shing-wan Leung, 78, was sentenced in May to life in prison for spying. In a post on social media, Beijing's Ministry of State Security -- one of the country's top intelligence gathering bodies
Barron'sJul 25 2023
News
Quitting: The Bloomberg Open, Europe Edition
Daybreak Middle East & Africa is your daily spotlight on one of the world's fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg.
BloombergAug 15 2023
News
China's Country Garden's bonds see buying interest after sinking to deeply distressed levels
China’s Country Garden’s bonds are attracting buying interest after sinking into deeply distressed levels, weighed down by the company’s losses and a potential default.
On Sunday, the property developer told Hong Kong’s regulator that trading for at least 10 onshore bonds would be suspended. The company had warned of a loss of up to RMB55 billion ($7.62 billion) for the first half of
MarketWatchAug 23 2023
News
Japan to Start Releasing Fukushima Nuclear Wastewater into Pacific Despite Major Objections
Japan announced it will start releasing radioactive wastewater from the Fukushima nuclear plant into the Pacific Ocean starting Thursday. The move has been condemned by a number of Pacific nations, including China. Wang Wenbin: “This is extremely selfish and irresponsible. … China strongly urges the Japanese side to rectify its wrongful decision and withdraw its plan to discharge nuclear-
Democracy Now!Aug 21 2023
News
Rates in China Cut Again, but by Less Than Expected
HONG KONG—Chinese banks trimmed a benchmark interest rate on loans by a modest margin, a reflection of Beijing’s attempts to support a sputtering recovery—and of their reluctance to take more-forceful measures to reverse the slowdown. The rate reduction, while smaller than expected, came days after China’s central bank made a surprise cut to one of its key lending rates. It had reduced the
Wall Street Journal (News)